Commercial Lease Agreement Builder

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Parties

Enter Lessor (Owner) & Lessee (Business) details.

Lessor / Property Owner Name *

Lessor Registered Office Address *

Lessee / Tenant Business Name *

Lessee Permanent Address *

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Stamp Margin Top: 90mm

GOVERNMENT OF INDIA • STATE OF KARNATAKA

NON-JUDICIAL STAMP PAPER — VALUE As applicable in the State

[Leave top 90mm blank space when printing directly onto physical Stamp Paper]

COMMERCIAL LEASE DEED

(SUPER BUILT-UP AREA: 1200 SQ. FT. • LEASE DURATION: 36 MONTHS)

This COMMERCIAL LEASE DEED is made and executed on this 1 August 2026 at Bengaluru, Karnataka, by and between:

1. THE LESSOR / OWNER (PARTY OF THE FIRST PART):

Vikramaditya Real Estate Pvt Ltd, having registered office / residing at Suite 401, Commercial Complex, BKC, Mumbai 400051.

(hereinafter referred to as the "LESSOR / OWNER", which expression shall, unless repugnant to the context or meaning thereof, include its successors-in-office, administrators, legal representatives and permitted assigns).

AND

2. THE LESSEE / COMMERCIAL TENANT (PARTY OF THE SECOND PART):

NexaTech Solutions Pvt Ltd, having registered office / principal place of business at Unit 202, Tech Park, Electronic City, Bengaluru 560100.

(hereinafter referred to as the "LESSEE / TENANT", which expression shall, unless repugnant to the context or meaning thereof, include its successors-in-business, administrators, legal representatives and permitted assigns).

WHEREAS the Licensor is the sole absolute legal owner of the residential property situated at:

SCHEDULE OF LEASED PREMISES: Office Shop No. 12, Ground Floor, Business Arcade, MG Road, Bengaluru (Commercial Office Space, Super Built-up Area: 1200 Sq. Ft.)

WHEREAS the Lessor is the absolute and lawful owner of the demised commercial premises described in the Schedule herein; AND WHEREAS the Lessee has approached the Lessor to take on commercial lease the said premises for running its business operations of: Corporate IT & Administrative Office; AND WHEREAS the Lessor has agreed to grant commercial lease of the demised premises to the Lessee on the terms and covenants stipulated hereunder:

COMMERCIAL LEASE TERMS & COVENANTS:

1. LEASE TERM & COMMENCEMENT:

This Commercial Lease Deed is granted for an initial term of 36 Months commencing on 1 August 2026. The lease may be renewed upon mutually agreed terms and revised rent by executing a fresh lease deed prior to expiration.

2. MONTHLY COMMERCIAL RENT:

The Lessee agrees to pay to the Lessor a monthly commercial rent of Rs. 75,000/- (Rupees Seventy Five Thousand Only) per month, payable in advance on or before the 7th day of each English calendar month via electronic bank transfer.

3. INTEREST-FREE REFUNDABLE SECURITY DEPOSIT:

The Lessee has deposited with the Lessor an interest-free refundable security deposit of Rs. 4,50,000/- (Rupees Four Lakh Fifty Thousand Only). This deposit shall be refunded to the Lessee within 15 days of handing over vacant, peaceful possession of the premises after adjusting any undisputed rental arrears or utility dues.

4. PERMITTED COMMERCIAL USE:

The demised premises shall be used exclusively for the permitted business purpose of: Corporate IT & Administrative Office. The Lessee covenants not to carry out any unlawful, hazardous, offensive, or prohibited trade on the premises.

5. TAXES, MAINTENANCE & GST CHARGES:

Statutory property taxes, municipal assessment taxes, and statutory ownership levies shall be borne exclusively by the Lessor. Monthly building/society maintenance charges and applicable Goods and Services Tax (GST, if chargeable) shall be paid by the Lessee.

6. ELECTRICITY, WATER & UTILITIES:

The Lessee shall promptly pay all commercial electricity consumption charges as per actual sub-meter/dedicated meter readings, water consumption bills, and telecommunication charges directly to the respective utility providers.

7. PROHIBITION ON SUB-LETTING & ASSIGNMENT:

The Lessee shall not sub-let, assign, transfer, mortgage, or part with possession of the leased premises or any part thereof to any third party without the prior written consent of the Lessor.

8. FIT-OUTS, ALTERATIONS & REPAIRS:

The Lessee may install non-structural demountable partitions, office furniture, IT networking cabling, and interior fit-outs with prior written approval. Structural repairs shall be the responsibility of the Lessor, while day-to-day internal maintenance shall be borne by the Lessee.

9. INSPECTION, LOCK-IN & TERMINATION NOTICE:

The Lessor or authorized representatives shall have the right to inspect the premises during business hours upon giving 24 hours prior notice. A lock-in period of 6 Months applies to both parties. Thereafter, either party may terminate the lease by serving 3 Months prior written notice.

10. GOVERNING LAW, JURISDICTION & REGISTRATION:

This Lease Deed shall be construed in accordance with the laws of India and the Transfer of Property Act, 1882. The competent civil courts situated at Bengaluru shall have exclusive jurisdiction. Both parties agree to bear the applicable stamp duty and registration expenses as required under State laws.

11. WITNESS EXECUTION:

This Commercial Lease Deed is executed in the presence of the following independent witnesses: • Witness 1: ____________________ (Residing at: ____________________) • Witness 2: ____________________ (Residing at: ____________________)

Place / Location: ______________________Date of Execution: ______________________

IN WITNESS WHEREOF, the Lessor and the Lessee have executed this Commercial Lease Deed in the presence of the subscribing witnesses on the day, month and year first above written.

LESSOR / AUTHORIZED SIGNATORY

Vikramaditya Real Estate Pvt Ltd

LESSOR / AUTHORIZED SIGNATORY

LESSEE / AUTHORIZED SIGNATORY

NexaTech Solutions Pvt Ltd

LESSEE / AUTHORIZED SIGNATORY

WITNESS 1:

Name: ______________________

Signature: ___________________

WITNESS 2:

Name: ______________________

Signature: ___________________

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Ensure compliance with state-specific stamp duty, e-stamping, and notarization requirements where applicable.
For complex commercial, property, or tax matters, seek guidance from a qualified advocate or Chartered Accountant (CA).

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