DECLARATION ABOUT SEPARATE BANK ACCOUNT FOR THE REAL ESTATE PROJECT A. NAME OF THE PROMOTER ORGANIZATION :M. KULKARNI BUILDERS AND INFRA-STRUCTURES PRIVATE LIMITED. B. NAME OF THE PROJECT :“MK ALTAMOUNT” 1. I am aware that as Per Section 4 (2)(I)(D) of Real Estate (Regulatory and Development) Act, 2016, promoters are required to Open a separate account in ascheduled bank to for the purpose of depositing seventy per cent of the amountsrealised for the real estate project from the allottees, from time to time. 2. Accordingly, I have a separate bank account for this Real Estate project and the particulars whereof are as follows: ACCOUNT NAME : M. KULKARNI BUILDERS AND INFRA-STRUCTURES PRIVATE LIMITED ACCOUNT NUMBER : 41497049783 BANK NAME : STATE BANK OF INDIA BRANCH NAME : SURENDRA NAGAR, NAGPUR IFSC CODE : SBIN0008239 3. I 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be undertaken against the amounts deposited in this bank account; c. the amounts in this separate bank account shall be withdrawn and used inconsonance and in compliance with Section 4(2)(I)(D) of the Act, Rule 5 of the Rules, Regulation 3 of the Regulations, the Orders as well as the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 readwith Circular No. 39A / 2022 dated, 17-3-2022; 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. Date : 26-4-2023 Place : NAGPUR