1

Adv. Balasaheb Sateram Mehetre

BA.L.L.M
Kalpana Palace, Ganeshwadi, Swastik Chowk
Station Road, Ahilyanagar - 414001
ADVOCATE Mob - 9 4 2 3 1 6 6 2 1 7
Bar Room No. 1, District Court, Near S.P. Office, Ahilyanagar - 414001

SEARCH REPORT

To whom so ever it may Concern

Subject: Search Report in respect of Plot No. D-74 admeasuring 1000.00 Sq.

Mtr., out of Sinnar Industrial Area, within the village limits of

Malegaon and out the limits of Sinnar Municipal Council, Sinnar,

Tal. Sinnar, Dist. Nashik.

DESCRIPTION OF THE PROPERTY :

Property Bearing Plot No. D-74 admeasuring 1000.00 Sq. Mtr., out of

Sinnar Industrial Area, within the village limits of Malegaon and out the limits of

Sinnar Municipal Council, Sinnar, Tal. Sinnar, Dist. Nashik Bounded as under:-

Plot No. Boundaries

East South West North
D -74 Plot No. D -43 Plot No. D -73 MIDC Road MIDC Road, 20.00
& D-44 20.00 Mtr. Mtr. R/w & Plot No. D
R/w. -43

Name of the Present Owner:- M/s. Suraj Industries through its Prop.

Ravindra Laxman Rathod,

R/o. Modkeshwar Colony, Near Gadge

Maharaj Dharamshala, Nashik - 422 001.

List of the Documents which are scrutinized:-

Sr. No. Scrutinized Documents Date Original/Xe

rox copy
1. Lease Deed No. 1506/1996 18/07/1996 Photocopy
2. Transfer Order No. 14/01/2025 Digital
MIDC/RO(NASHIK)/Sinnar/LM
S-397/A02084

 Tracing of the Title.

As per the oral information and instruction is given to me by the applicant,

I have investigated the title in respect of Plot No. D-74 admeasuring 1000.00 Sq.

Mtr., out of Sinnar Industrial Area, within the village limits of Malegaon and
 2

Adv. Balasaheb Sateram Mehetre

BA.L.L.M
Kalpana Palace, Ganeshwadi, Swastik Chowk
Station Road, Ahilyanagar - 414001
ADVOCATE Mob - 9 4 2 3 1 6 6 2 1 7
Bar Room No. 1, District Court, Near S.P. Office, Ahilyanagar - 414001

out the limits of Sinnar Municipal Council, Sinnar, Tal. Sinnar, Dist. Nashik. I

have gone through the papers shown by the applicant, I have also taken due

search in Sub-Registrar Office, since 2011 to till today. That the said documents

placed before me are genuine. I have verified tallied and compared these

documents from the records of the office of the Sub-Registrar of Assurances and

also from the records of other appropriate authorities.

The links in the title history of last 13 years of chain of title have been

property established. All the transaction have been duly verified from the relevant

records of the Sub register, Town Planning & Revenue Department, (reproduce &

refer relevant record as may be required for explaining the links in the chain in the

title History). And accordingly my findings in respect of the title of the above

mention property are as follows:-

I have taken a search of MIDC, Sinnar, and Sub Registrar Office, Sinnar,

Tal. Sinnar, Dist. Nashik regarding Lease Deed of above property.

It seen the from the record that, Grantor Maharashtra Industrial

Development Corporation, have allotted Plot No. D-74 admeasuring 1000.00 Sq.

Mtr., out of Sinnar Industrial Area, within the village limits of Malegaon and out

the limits of Sinnar Municipal Council, Sinnar, Tal. Sinnar, Dist. Nashik to M/s.

Suraj Industries through its Prop. Ravindra Laxman Rathod and accordingly on

dated 22/11/1994 executed Agreement in respect of said property in favour of M/s.

Suraj Industries through its Prop. Ravindra Laxman Rathod.

Thereafter, on dated Grantor Maharashtra Industrial Development

Corporation through its Regional Officer Mr. Subhash laxman Taru have executed

Lease Deed in respect of Plot No. D-74 admeasuring 1000.00 Sq. Mtr., out of

Sinnar Industrial Area, within the village limits of Malegaon and out side the

limits of Sinnar Municipal Council, Sinnar, Tal. Sinnar, Dist. Nashik in favor of

M/s. Suraj Industries through its Prop. Ravindra Laxman Rathod. The Lease Deed

registered before Sub Registrar Office, Sinnar at Sr. No. 1506/1996 on dated

18/07/1996. This fact shown in Index II registrar.

It appears from the record that, M/s. Suraj Industries through its Prop.

Ravindra Laxman Rathod have obtained loan Rs. 50,00,000/- from ICICI Home

Finance Company Limited, Branch - Nashik & executed Equitable Mortgage Deed
 3

Adv. Balasaheb Sateram Mehetre

BA.L.L.M
Kalpana Palace, Ganeshwadi, Swastik Chowk
Station Road, Ahilyanagar - 414001
ADVOCATE Mob - 9 4 2 3 1 6 6 2 1 7
Bar Room No. 1, District Court, Near S.P. Office, Ahilyanagar - 414001

on dated 26/02/2024 in respect of said property in favor of said bank and

accordingly file Notice of Intimation regarding said Mortgage Deed before Sub

Registrar Office, Sinnar at Filing No. 181/2024 on dated 13/03/2024. This fact

shown in Index II registrar.

Further it appears from the record that, M/s. Suraj Industries through its

Prop. Ravindra Laxman Rathod have given application to Maharashtra Industrial

Development Corporation for Transfer lease hold rights of said property in the

name of M/s. Godavari Elec Mech Engineering through its Prop. Mr.

Vishwambhar Bhausaheb Kalwaghe & sanction to the same by MIDC vide its

Transfer Order No. MIDC/RO(NASHIK)/Sinnar/LMS-397/A02084 dated

14/01/2025 leasehold rights of said property transfer in the name of M/s. Godavari

Elec Mech Engineering through its Prop. Mr. Vishwambhar Bhausaheb Kalwaghe.

But till todays date Deed of Assignment not executed in favor of M/s. Godavari

Elec Mech Engineering through its Prop. Mr. Vishwambhar Bhausaheb Kalwaghe.

I am of the Opinion that, M/s. Suraj Industries through its Prop. Ravindra

Laxman Rathod is the absolute Leaseholder of Plot No. D-74 admeasuring

1000.00 Sq. Mtr., out of Sinnar Industrial Area, within the village limits of

Malegaon and outside the limits of Sinnar Municipal Council, Sinnar, Tal.

Sinnar, Dist. Nashik. He having good, clear & marketable one as per the available

records. Subject to Charge of ICICI Home Finance Company Limited, Branch -

Nashik.

Application of Ceiling/Land Ceiling Act.

As per as territorial Limits of Municipal Corporation of Ahmednagar is concern

State Government has not issued Notification including the area as defined U/sec

2 (n) as “Urban Agglomeration” making the Urban land (Ceiling and Regulation

Act, 1976 applicable and therefore, the said Act is not applicable territorial Limits

of Municipal Corporation of Ahmednagar.

Encumbrances - Yes. Charge of ICICI Home Finance Company Limited,

Branch - Nashik

Additional Documents - No.

 4

Adv. Balasaheb Sateram Mehetre

BA.L.L.M
Kalpana Palace, Ganeshwadi, Swastik Chowk
Station Road, Ahilyanagar - 414001
ADVOCATE Mob - 9 4 2 3 1 6 6 2 1 7
Bar Room No. 1, District Court, Near S.P. Office, Ahilyanagar - 414001

FINAL CERTIFICATION.

Taking in to Consideration of all above entries and record, I find that M/s.

Suraj Industries through its Prop. Ravindra Laxman Rathod is the absolute Lease

holder of said property. The title over the above property is clear & marketable

one. Subject to Charge of ICICI Home Finance Company Limited, Branch -Nashik

& Transfer Order issued by Maharashtra Industrial Development Corporation in

favor of M/s. Godavari Elec Mech Engineering through its Prop. Mr.

Vishwambhar Bhausaheb Kalwaghe.

Hence this search report.

Encl. herewith:-

Search Receipt No.

Place:-Ahilyanagar Advocate

Date:- 01/02/2025 Balasaheb S. Mehetre