ATHARVA INFRAVENTURES
C-606, LEELA GARDENS, NEW SNEH NAGAR, WARDHA ROAD, NAGPUR-440025

                                          Format 'A'




         Declaration about Separate Bank Account for real estate projects.




       A. Name of the Promoter Organisation: M/s Atharva Infraventures


       B. Name of the Project: Atharva Sapphire Towers-B

             1. We are aware that as per section 4 (2) (I) (D) of Real Estate (Regulation
     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 realised for the real estate project from the allottees, from time to
     time.

             2. Accordingly, we have a separate bank account for this real estate project
     / phase of real estate project the particulars whereof are as follows:
     Account Name: M/s Atharva Infraventures Rera A/c

     Account Number: 777705150552

     Bank Name: ICICI Bank Ltd.

     Branch Name: PLOT NO. 8-A, SANTAKRUPA, SNEH NAGAR, RING ROAD,
     CHHATRAPATI SQUARE, NAGPUR 440020

     IFSC Code: ICIC0001797

             3. 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     c) the amounts in this separate bank account shall be withdrawn and used in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)(I)(D) of the Act, Rule 5 of the
ATHARVA INFRAVENTURES
C-606, LEELA GARDENS, NEW SNEH NAGAR, WARDHA ROAD, NAGPUR-440025

      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.




    Date: 13th December 2023




     For Atharva Infraventures,

     For Atharva Infraventures




     Partner
     Shri Pratik S/o Chandrakant Suramwar
     (Authorized Signatory/ Partner)