The suit property is the absolute property of the defendant. The plaintiffs have approached the defendant to purchase the suit property. The defendant has agreed the demand made by the plaintiffs. On 17.09.2003, the suit sale agreement has come into existence and total consideration is fixed at Rs.40 lakhs. On the date of its execution, the defendant has received a sum of Rs.30 lakhs. The defendant has agreed to execute a sale deed within a period of two years, after receipt of balance sale consideration. The plaintiffs, on several occasions, have approached the defendant to execute a sale deed after receipt of balance of sale consideration, but the defendant has given an evasive reply. Further, the defendant has not produced encumbrance certificate. The defendant has mortgaged a portion of the suit property in favour of a Housing Society and obtained a loan of Rs.4,95,000/-. The defendant has constructed six shops and subsequently leased out the same for monthly rent. The defendant has failed to handover possession of the suit property as per terms of the sale agreement. The plaintiffs are always ready and willing to perform their part of the contract. Now the defendant has endeavored to create encumbrance in respect of the suit property. The plaintiffs have issued a legal notice dated 06.09.2005 to the defendant, but he has refused to receive the same and subsequently, another legal notice has been issued to him. After receipt of the same, the defendant has given a reply notice dated 29.09.2005. Under the said circumstances, the present suit has been instituted for getting the reliefs sought therein.