Declaration about Separate Bank Account for real estate Projects

                               (On the Letterhead of the promoter)

A. Name of the Promoter Organisation: ASHOK RAMNIWAS AGRAWAL
B. Name of the Project: RADHA NAGAR

   1) I am aware that as per section 4 (2) (D (D) of Real Estate (Registration and Development) Act,
      2016, promoters are required to open a separate account in a scheduled bank to for the
      purpose of depositing seventy per cent of the amounts realised for the real estate project
      from the allottees, from time to time.

   2) Accordingly, I have a separate bank account for the real estate project / phase of real estate
      project the particulars whereof are as follows:


       Account Name: ASHOK RAMNIWAS AGRAWAL
       Account Number: 922020060662344
       Bank Name: Axis Bank
       Branch Name: Dhule
       IFSC Code: UTIB0000472

   3) I hereby confirm that the aforesaid bank account

       a. is a separate bank account, exclusively for depositing seventy per cent of amounts realised
       lor the real estate project from the allottees, from time to time;

       b. is a no-lien account and no loan / charge / encumbrance can be undertaken against the
       amounts deposited in this bank account;

       c. the amounts in this separate bank account shall be withdrawn and used in consonance and
       in compliance with Section 4(2XI)(D) of the Act, Rule 5 of the Rules, Regulation 3 of the
       Regulations, the Orders as well as the Circulars of MahaRERA and in compliance of Circular
       No.391202-l dated 28.12.2021 read with Circular No. 39A / 2022 dated, 17 .03.2022;

       d. shall be audited within six months after end of every financial year and shall upload on
       MahaRERA promoter web page the statements of accounts duly certified and signed by a
       chartered accountant in practice.




       Date: 20-06-2023                                                 Authorized Signatory
                                                                          (Sign and Stamp)