CHAUDHARI &
                                                                                   " BUILDER
      BADGUJAR                                                                      " DEVLOPER
      ASSOCIATES


TO:                                                 Format 'A'                                           / 20
                    Declaration about Separate Bank Account for real estate projects.
                                    (On the Letterhead of the promoter)


      A. Name of the Authorized Signatory Organization: Chaudhari and Badgujar Associates
      B. Name of the Project: Narayani Apartment
       1. /We are aware that as per section 4 (2) () (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 realized for the real estate project from the allottees,
      from time to time.

         2. And, 1/We are aware that, as per MahaRERA Order No. 56/2024 dated 27/06/2024,
      promoters shallfollow the procedure for the operation and maintenance of bank accounts for the
      project.
        3. Accordingly, I/we have a separate bank account for this real estate project / phase of real
      estate project the particulars whereof are as follows:

      Bank Name: Punjab National Bank
      Branch Name and Address: 4th Lane, Dhule, Lane No. 4, CTS No 1695, Opp. Balaji Mandir,
      Dhule, Maharashtra 424001

      JFSCCode: PUNB0013900
      Email ID of Branch Manager: bo0139@pnb.co.in

                                                     Table- 1

        Name of Designated Promotor:- Chaudhariand Badgujar Associates
       Bank Account          Chaudhari and              Chaudhari and            Chaudhari and
       Type                  Badgujar Associates        Badgujar Associates Badgujar Associates
                             RERA Designated            RERA Designated          RERA Designated
                             Collection Bank            Separate Bank           Transaction Bank
                             Account for Narayani       Account for             Account for
                             Apartment                  Narayani Apartment        Narayani Apartment
       Account Number         139002100036744           139002900000017          139002900000026




8855999966                                                                   Shop no. 7, Dream
9823353909                                                                   Corner Apartment,
                                                                                Deopur, Dhule
4. We hereby confirm that

        The aforesaid RERA designated bank accounts are RERA-designated bank accounts,
exclusively for depositing all the collections received from the allottees from time to time as
mentioned in the agreement for sale including parking, amenity and any other charges excluding
 allother taxes and statutory duties.
b.   I/We have given the standing instructions to the bank for auto-sweep transfer facility of not
less than seventy (70%) percent of the amount collected from allottees in "RERA Designated
Collection Bank Account" to the "RERA Designated Separate Bank Account" and not more than
thirty (30%) percent of thecollected amount to the "RERA Designated Transaction Bank Account"
C.   "RERA Designated Separate Bank Account" of the project is not an escrow account and free
from all encumbrances LIEN, loans,and third-party control i.e lender/ bank/ financial institution.
    The amounts in the "RERA Designated Separate Bank Account" shall be withdrawn and used
in consonance and in compliance with Section 4(2)(1)(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.39/2021 dated 28.12.2021 read with Circular No. 39A/2022 dated
17.03.2022:
e.   The aforesaid RERA designated bank accounts 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: 11/04/2025                            For,
                Place: Dhule                                Chaudhari and Badgujar Associates

                                                              PRAKASH SHANKAR Digitally
                                                                              SHANKARsigned by PRAKASH
                                                                                        BADGUJAR
                                                              BADGUJAR            Date: 2025.04.11 17:13:28
                                                                                  +05'30


                                                            Prakash Shankar Badgujar
                                                             Partner

                                                            Chaudhari &Badgujar
                                                                    Associates