See rule3(6) I * Affidavit cum Declaration Affidavit cum Declaration of Mr:Nimish Maheslt;:~ari Managing Director of the *. proposed project, Royal Crest vide authorisation through POA dated Z ? / Q ! ~ / Z Q ~ S I - . f I, Nimish Maheshwari Managing Director of Nava Barat lnfraventures Ltd. Nagpur, developer of the ongoing project "Royal Crest" do hereby solemnly II eclare, undertake and state as under: at I have a legal title Report to the land on which the development of the . , . .. going on. - AND . . , ,. *<#-,.. - a. Legally valid authentication of title of such land along with an authenticated copy of the development agreement between such owner and promoter for" development of the real estate project is enclosed herewith. 2. That the project land is free from all encumbrances. 3. That the time period within which the project shall be completed by me from the date of registration of project is 31/03/2018 -I 4. For ongoing project on the date of commencement of the Act ( i ) That seventy per cent of the amounts t o be realized hereinafter by me ( for the real estate project from the allottees, from time t o time, shall be deposited in a separate account to be maintained in a scheduled bank t o cover the cost of construction and the land cost and shall be used only for that purpose. 5. That the amounts from the separate account shall be witharawn in accordance with Rule 5 That I shall get the accounts audited within 6 months after the end of every qncial year by a practicing Chartered Accountant, and shall produced a tement of accounts duly certified and sigr,ed by such practicing Chartered ccountant, and it shall be verified during the audit that the amounts collected for a particular project have been utilized for the project and the withdrawal has been in compliance with the proportion to the percentage of completion of the I Project. 7. That I shall take all the pending approvals on time, from the competent authorities. 7. That I shall take all the pending approvals on time, from the competent authorities. 8. That I shall inform the Authority regarding all the changes that have occurred in the information furnished under sub-section (2) of section 4 of the Act and under rule 3 of these rules, within seven days ot tile said changes occurring' C -I1 - Y , 9. That I furnished such other documents as have been prescribed by the rules'' It,4 and regulation made under the Act, 10. That 1 shall not discriminated against any allottee at the time of allotment of any aparlrnent, as the case may be. The content of my above Affidavit cum Declaration are true and correct and nothirg r,aterial has been concesled by me there from. ~efifiedby me at Nagpur On this &th Day ofjuly 2017