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                        DeclarationaboutSeparateBankAccountforRealEstateProjects


                Name of the Promoter organization: Morava Parivar Builders &
                                                                                Developers
          A.
          B.    Name of the Proiect: Chintamani Tower

                                                                            (Reg.istration and Development) Act'
          1.    l^Ne are aware that as Per Section 4(2XIXD) of Real Estate
                                                                         in a scheduled bank to for the purpose
                2016, promoters are required to Open a sepirate account
                of depositing seventy per cent of the amounts    realised  for the real estate project from the
                allottees, from time to time.
                                                                               Estate project / phase of real estate
          2.    Accordingly, lANe have a separate bank account for thi6 Real
                project th-e particulars whereof are as follows:

                AccountName: Moraya Parivar Builders & Developers
                Account Number: 7745050001 33
                Bank Name: ICICIBank Ltd.
                Branch Name: Chikhli
                 IFSC Code: |C1C0007745


           J.    We hereby confirm that the aforesaid BankAccount:

                 a. is a separate Bank Account, exclusively for ctepositing Seventy Per Cent of amounts realised
                                                                      time to time;
                     for the Real EstateProject from the allottees, from

                 b. is a No Lien Account and No Loan / Charge / Encumbrance can be undertaken against the
                     amounts deposited in this bank arcount;

                 c. the amounts in this separate bank account shall be withdrawn and used in consonance and
                                                                                            Regulation 3 of the
                    in comptianc" *iit seltion 4(2) (l)(D) of the Act, Rule 5 of the Rules,
                                                                                      in compliance of Circular
                     Regulations, the Orders as well'as'ihe Circulars of MahaRERA and
                     No.39/2021 da1ed28.12.2021 readwith Circular No. 39A l 2022
                                                                                  dated 17.03.2022:

                 d. shall be audited within six Months after end ofofevery financial year and shall.upload on
                      MahaRERA promoter web page the statements        accounts duly certified and signed by a
                      Chartered Accountant in practice'
                                                                                               \
                                                                                           $x,
                                                                                    N itin VagdntiabPadghan
                                                                                             Promoter