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REVOCABLE DEED OF GIFT

THIS DEED OF GIFT is made at Mumbai this 6th day of June 2025, between Mr. Ramesh Verma, residing at LandMarq Conveyancing and Legal, Lendi Baugh Complex, Near Sub-Registrar Office, Kurnool – 518 003,  (hereinafter referred to as ‘the Donor’) of the One Part and Mrs. Kavita Sinha, residing at 17, Lotus Enclave, Bandra East, Mumbai (hereinafter referred to as the ‘Donee’) of the Other Part.

WHEREAS the Donor is absolutely seized and possessed of the land and building situated at Plot No. 142, Rosewood Nagar, Juhu, Mumbai, and more particularly described in the Schedule hereunder written.

AND WHEREAS the Donee is the widowed daughter of the Donor and has no sufficient means for her livelihood.

AND WHEREAS the Donor therefore desires to make a gift of the said property described in the Schedule hereunder written to the Donee so that she can recover income thereof for her maintenance during her life time, but subject to the conditions hereinafter mentioned which are acceptable to the Donee, as is evidenced by her executing these Presents.

AND WHEREAS the market value of the said property is estimated to be ₹1,20,00,000 (Rupees One Crore Twenty Lakhs Only).

NOW THIS DEED WITNESSETH and with a view to carry out the said desire of the Donor and in consideration of natural love and affection, the Donor doth hereby grant and transfer by way of gift the said piece of land more particularly described in the Schedule hereunder written, together with the building and structure standing thereon and all the things permanently attached thereto or standing thereon, and all the rights, liberties, privileges, easements and advantages appurtenant thereto and all the estate, right, title and interest of the Donor therein To Have and to Hold the same unto and to the use of the Donee, but subject to payment of all rates, taxes, assessments, dues and duty now and hereafter chargeable thereon to the Government and the Municipal Corporation or any local authority, and also subject to the conditions hereinafter stated, namely:

  1. The Donee shall have no right to sell, mortgage or otherwise dispose of the said land and premises hereby gifted.
  2. The gift hereby made shall stand revoked on the remarriage of the Donee or on her death, whichever event shall happen earlier, and thereupon the said land and premises shall revert back to the Donor or his heirs, executors or administrators as the case may be.

THE SCHEDULE ABOVE REFERRED TO

All that piece and parcel of land admeasuring 4000 sq. ft., together with residential building constructed thereon, situated at Plot No. 142, Rosewood Nagar, Juhu, Mumbai – 400049.

Bounded:

  • East – Municipal Park
  • West – 20 ft. Access Road
  • North – Plot No. 143 (Mr. Ravi Sinha’s Residence)
  • South – Vacant land belonging to MCGM

IN WITNESS WHEREOF the Parties have put their respective hands the day and year first hereinabove written.

Signed and delivered by the
Within named Donor Mr. Ramesh Verma
In the presence of:

Signed by way of acceptance by the
Within named Donee Mrs. Kavita Sinha
In the presence of:

WITNESSES:

  1. Naresh K. Menon, 45, Seaview Apartments, Malad (W), Mumbai
  2. Anita Bhardwaj, 16, Pearl Residency, Khar (E), Mumbai

DRAFTED BYAdv. MANOJ TIWARI
TYPED BYMs. RITA PRASAD