1



                           SANJAY GoVINDRAO KASHIKAR
              Resident of. - Pliot No 4, Flat No- SF -1, Gangoti Appartmert, Buty Layout.
                                         Lami Nagar - Nagpur -440022
                                            Moo No -988196030


                                                                                        DATE -04042023




                    Declaration about Separate Bank Account for Real Estate Projects.

    A Name of the Promcter Organization: -SANJAY GOVNDRAO KASHIKAR

     B. Name of the Project - "MAHALAXMI NAGAR-20

    1. We are aware that as per secton 4 2) ) D) f Real Estate (Registation and Deveiopment) Act
   2016, promoters are required to open a separate acoount in a scheduied bank to for the purpose of
   depositing 70% of the amounts rea zed for the rea estate project from the alotees, from time to time

  2. Accordingly,    We have a separate bank account for this real estate projectphase of real estate project
  the particulars whereof are as follows:
  Account Name       - Sanjay Kashikar


 Account Number - 1047104000108669


 Bank Name          -IDBI BANK


Branch Name         - Wardha Road Branch, Somalwada, Nagpur-440025

IFSC Code           - IBKLO001047


3. We hereby confirn that the aforesaid bank account
                                                      2


 a. is a separate bank account, exclusively for depositing 70% of amounts realized for the real estate
 project from all allottees, from time to time.

 b. is a nolien 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C. the amounts in this separate bank account shall be withdrawn and used in consonance and in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 6 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.


                                                          Signature &Name




                                             SHRI. SANJAY GOVINDRAO KASHIKAR