Letter of Intent (LOI) between Parties for Agreeing on
Renting Out a Property
LETTER OF INTENT
16.02.2026
Parties: -
1) Stabnet Group represented by Mr Sachin Singh
2) Starnet Private Limited, represented by Mr Anil Agarwal
Rent Agreement Mutually agreed Points
:-
1) Parties :- I from Stabnet Group & Mr Anil Agarwal Company ( Starnet Private Limited)
2) Address :- 14/5 N S Road, Star Palace 15th Floor, Kolkata – 700001.
3) Total area for Rent :– 3960 Sqft less Partition area.
4) Monthly Rent Amount: - Rs 75 x 3960 Sqft less Partition area ( It will be inclusive of maintenance charges). All taxes will be applicable on rent amount as per the prevailing Indian Law.
5) Security Deposit of 6 months
6) 2 Car Parking slot within building to be allotted.
7) Notice period of 2 Months.
8) 3 years lockin period from both sides.
9) Rent agreement will be applicable for 3 / 5 years.
10) Rent increment @ 5% per year.
11) Rent will start from 1st April 2026
12) Fitment period will start from the date of agreement to 31.03.2026 ( 1-1.5 Months)
13) Upon signing of agreement & receipt of Security deposit, our Company will give Rs 4.00 lacs less cost for making Partition & Separate door, to Mr Agarwal’s company for office refurbishment work. Partition & door will be made by us.
For Stabnet Group, Starnet Private Limited,
Mr Sachin Singh Mr Anil Agarwal
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