Declaration about Separate Bank Account for real estate projects.

A. Name of the Promoter Organisation: SUGAT GYANESHWAR WAGHMARE

B. Name of the Project: RAJGRUH MAGASVARGIYA CO-OP SOCIETY LTD. AKOLA

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 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. Accordingly, I/we have a separate bank account for this real estate project / phase of real
    estate project the particulars whereof are as follows:
    Account Name        SUPERB CONSTRUCTIONS RAJGRUH MAGASVARGIYA SAH GRUH
                        NIRMAN SANSTHA RERA RETEN A/C
    Account Number      052005005318
    Bank Name           ICICI Bank Ltd.
    Branch Name         Akola
    Branch Address      shubhlaxmi apartment, Opp. Vidyut Bhavan, Ratanlal Plots, Durga
                        Chowk, Akola - 444001
    lFSC Code           ICIC0000520

    We hereby confirm that the aforesaid bank account:

    a. Is a separate bank account, exclusively for depositing seventy per cent of amounts
       realised for 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    c. The amounts in this separate bank account shall be withdrawn and used in consonance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(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;
    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.




                                                      MR. SUGAT GYANESHWAR WAGHMARE
                                                                                        Promoter

    Date: 21.06.2024