This Contract is made at Mohali on 2 April 2026
BETWEEN
Ramandeep Singh, resident of House No. 214, Sector 70, Mohali ("the Owner", which expression shall include the Owner's heirs, legal representatives and assigns), of the ONE PART;
AND
Himalaya Elevators Pvt Ltd, of SCO 44, Phase 3B2, Mohali, bearing registration/GST number 03ABCDE1234F1Z5 ("the Contractor", which expression shall include the Contractor's partners, legal representatives and permitted assigns), of the OTHER PART.
The Owner and the Contractor are together "the Parties".
1.1 The Contractor agrees to supply, install, test and commission a lift in the building at Plot No. 118, Sector 70, Mohali ("the Site"), and to maintain it afterwards under Part B of this Contract, and the Owner agrees to pay for it ("the Work").
1.2 Lift specification: Passenger lift, 6 persons, 4 stops (ground plus 3), automatic doors, stainless-steel cabin
1.3 The Owner shall have the shaft, pit, machine room and power supply ready as per the Contractor’s drawings before installation begins.
Civil work by the Contractor: X
1.4 The Contractor shall give the Owner the shaft and machine-room dimensions, load on the supports and electrical requirements it needs, in writing, before installation begins. The Contractor is not responsible for delay or defect caused by a shaft, pit or power supply that does not match those requirements.
2.1 The Work shall commence on 1 April 2026 and the lift shall be handed over on or before 2 April 2026, subject to force majeure and any delay directly caused by the Owner.
2.2 Rs 2,000 per week of delay beyond the completion date, capped at 5% of the contract value
2.3 The equipment shall be new and of the make and model in the specification, and shall meet the safety and quality requirements that apply to a lift under law. The Contractor shall not substitute any part of the specification without the Owner's written consent.
2.4 On completion the Contractor shall test and commission the lift in the Owner's presence, including its safety devices, and give the Owner the test records, the drawings and the operating and emergency instructions.
2.5 The Contractor shall apply for and obtain, on the Owner’s behalf, the inspection and permission required by law before the lift is put to use. The Owner shall not allow the lift to be used by the public or residents until that inspection and permission, where required, has been obtained.
3.1 The total contract value is ₹12,00,000 (Rupees Twelve Lakh only), exclusive of goods and services tax and any other tax or cess payable in addition, unless stated otherwise.