Format 'A'
       Declaration about RERA Designated Bank Accounts for real estate projects
                                 (On the letterhead of the promoter)
A. Name of the Promoter Organization: JAIN BUILDCON
B. Name of the Project: VIDYASAGAR PARK A,B AND C
   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, 1/We are aware that, as per MahaRERA Order 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:

   1. Address of the branch: SHOP NO 6,7,22 & 23 SANMAN PRESTIGE,
   STATION ROAD,NEAR ZILLA PARISHAD OFFICE, NANDED 431601.
   2. Branch: NANDED
   3. IFS code: SVCB0000118
   4. Phone number with STD code: 02462-431133/431144/431155
   5. E-mail of the branch: nandedou@svcbank.com
       (For Single promoter)
                                             Table- 1

 Name of Designated Promoter-
  Bank Account           JAIN              JAIN              JAIN
      Туре         BUILDCON Rera BUILDCON Rera BUILDCON Rera
                      Designated        Designated        Designated
                       Collection    Separate Account     Transaction
                    Account for Shri      for Shri      Account for Shri
                   Vidyasagar Park A Vidyasagar Park A Vidyasagar Park A
                       - B and C         - B and C         - B and C
 Account Number 300004000006756 300004000006754 300004000006754


4. We hereby confirm that-
(For Single promoter and for multiple promoters having area share)
    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.