Format ‘A’

             Declaration about Separate Bank Account for real estate projects



A. Name of the Promoter Organization: Planwise Structures & Spaces Private Limited
B. Name of the Project:                     Planwise Sapphire
1. We are aware that as per Section 4(2)(I)(D) of Real Estate (Registration and Development)
   Act, 2016, promoters are required to open a separate account in a scheduled bank 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. 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:            Planwise Structures & Spaces Private Limited
   Account Number:          005905025508
   Bank Name:               ICICI Bank
   Branch Name:             ICICI BANK LTD, Vishnu Vaibhav, 222, Palm Road, Civil Lines,
                            Nagpur – 440001, Maharashtra.
   IFSC Code:                ICIC0000059
3. We hereby confirm that the aforesaid bank account:
   a. is a separate bank account, exclusively for depositing seventy per cent of amounts
       realized 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   c. the amounts in this separate bank account shall be withdrawn and used in consonance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 4 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 six months from 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.




        Shrikant Mukte
        (Authorised signatory of Planwise Structures & Spaces Private Limited)

        Nagpur
        18 May 2024