MANOJ LAXMIKANT ITKELWAR
RAJU LAXMIKANT ITKELWAR
2nd Floor, NKY Tower, Ajni Square, Wardha Road, Nagpur, Maharashtra - 440015


                                                       Format 'A'


                Declaration about RERA Designated Bank Accounts for real estate projects




            A. Name of the Promoter Organization: Manoj Laxmikant Itkelwar And
                                                        Raju Laxmikant Itkelwar (Joint Owners)
            B. Name of the Project: LAXMI-NARAYAN PARK


            1. I/We are aware that as per section 4 (2) (1) (D) of Real Estate (Registration and
                Development) Act, 2016, promoters are required to Open a "separate bank account" in
                a scheduled bank to for the purpose of depositing seventy per cent of the amounts
                realized for the real estate project from the allottees, from time to time.


            2. And,    I/We    are    aware    that,    as   per    MahaRERA    Order    No.56/2024,   No.
                MahaRERA/Secy/File NO.27/399/2024 dated 27/06/2024, promoters shall follow the
                procedure for the operation and maintenance of bank accounts for the project.


            3. Accordingly. I/ we have opened RERA designated bank accounts in a scheduled bank for
                this real estate project/phase of real estate project the particulars whereof are as
                follows:


                Bank Name- ICICI BANK

                Branch Name and address- Vishnu Vaibhav, 222, Palm Road Civil Lines Nagpur-440001

                IFSC Code of Bank- ICIC0000059

                Email id of Branch Manager – barkha.bokade@icicibank.com

                                                  Table-1
         Name of Designated Promoter-Manoj Laxmikant Itkelwar And Raju Laxmikant Itkelwar
          Bank Account type      RERA Designated         RERA Designated      RERA Designated
                                  Collection Bank         Separate Bank       Transection Bank
                                      Account                Account                Account
            Bank Account          777705160763            777705150659         777705241295
               Number
MANOJ LAXMIKANT ITKELWAR
RAJU LAXMIKANT ITKELWAR
2nd Floor, NKY Tower, Ajni Square, Wardha Road, Nagpur, Maharashtra - 440015


         4. We hereby confirm that-


            a. The aforesaid RERA designated bank accounts are RERA-designated bank accounts,
                exclusively for depositing all the collections received from the allottees from time to
                time as mentioned in the agreement for sale including parking, amenity and any other
                charges excluding all other taxes and statutory duties.
            b. I/We have given the standing instructions to the bank for auto-sweep transfer facility of
                not less than seventy (70%) percent of the amount collected from allottees in "RERA
                Designated Collection Bank Account" to the "RERA Designated Separate Bank
                Account" and not more than thirty (30%) percent of the collected amount to the "RERA
                Designated Transaction Bank Account"
            c. "RERA Designated Separate Bank Account" of the project is not an escrow account
                and free from all encumbrances LIEN, loans, and third-party control i.e. lender/bank/
                financial institution,
            d. The amounts in the "RERA Designated 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;
            e. The aforesaid RERA designated bank accounts 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.


             The aforesaid RERA designated bank accounts shall be audited within six months after the
             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: 27th July 2024




         MANOJ LAXMIKANT ITKELWAR                                      RAJU LAXMIKANT ITKELWAR

         (Promoter and Authorized Signatory)                           (Promoter and Authorized Signatory)