Format ‘A’
Declaration about RERA Designated Bank Accounts for real estate projects

A. Name of the Promoter Organisation: Mauli Group

B. Name of the Project: Mauli Tower

1. I/ We are aware that as per section 4(2)(1)(D) of Real Estate (Regulations and
   Development) Act, 2016, promoters are required to open a “separate bank
   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, I/We are aware that, as per MahaRERA Order No. 56/2024 Dt. 27/06/2024,
   promoters shall follow the procedure for the operation and maintenance of bank
   accounts for the project.

3. Accordingly, I/we have an opened RERA designated bank accounts in a schedule
   bank for this real estate project / phase of real estate project the particulars
   whereof are as follows:

    Bank Name                 Bank of Baroda
                              Khamgaon Branch
    Branch Name & Address
                              LIC Building, Nandura Road, Khamgaon – 444 303
    IFSC Code of the bank     BARB0KHAMGA
    Email id of Branch
                              khamga@bankofbaroda.co.in
    Manager

                                       Table – 1

                       Name of Designated Promoter – Mauli Group
       Bank         RERA Designated        RERA Designated       RERA Designated
      Account        Collection Bank        Separate Bank        Transaction Bank
       Type              Account               Account               Account
      Account
                    09690200001953         09690200001954         09690200001772
      Number
 4. We hereby confirm that -

 a.   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 all other taxes and statutory duties.

 b. I/We have given 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 the collected 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.

 d. 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.




                                                                           MAULI GROUP
                                                                                 Partner
                                                                    Mr. Bhagwan W. Barde
                                                                               Promoter
Date: 01.08.2024