Different types of soils are found in India having special characteristics features. One of these extends approximately between $13$ degree N to $25$ degree N latitudes and $72$ degree E to $82$ degree E longitudes. Identify the soil type from the given options.

Read the given statements and select the correct answer:

Statement1: Laterite soils are formed under the environmental condition of high temperature and heavy rainfall.

Statement2: Intense leaching results in loss of humus content and lesser presence of microorganisms in the soil.