All that part and parcel of Residential Flat No. 301, admeasuring 1,185 sq. ft. built-up area, situated on the Second Floor of the building known as “Nilam Palace”, standing on the piece and parcel of land from Village Kherdi, Taluka Chiplun, District Ratnagiri, bearing Survey No. 66 A 1 A, Hissa No. 36 (old Hissa No. 13 D), admeasuring 0–50–0, assessed at Rs. 00–55, the said property being locally known as “Pachnai”, situated within the local limits of Grampanchayat Kherdi, together with proportionate undivided share, right, title and interest in the land underneath and all appurtenant rights thereto.