Kamakshi Builders & Land Developens
         " Provin complex " Bhonuflo;:iiru*ffiiil:3;|;H                  o,'ongobod - 431 005
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               Declaration about Separate Bank Account for real estate
                                                                     Raikar
A. Name of the Promoter organisation: Prashant Mahabaleshwar

B. Name of the Project: SILVER PARK

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

 2. Accordingly, l/we have a separate bank account
                                                     for this real estate project / phase of real estate
project the particulars whereof are as follows:

AccountName:KamakshiBui|dersandLandDevelopers

 Account N umber: 622 927 0921 5

 Bank   Name: State Bank of India
 BranchName: Shashtrynagar,Aurangabad'
 IFSC   Code:      S81N0020532

 3. We hereby confirm that the aforesaid bank account:

                                                              seventy per cent of amounts realised for the
 a. is a separate bank account, exclusively for depositing
 real estate project from the allottees, from time to time;
                                                                 can be undertaken against the amounts
  b. is a no-lien account and no loan / charge / encumbrance
 deposited in this bank account;
                                                      withdrawn and used in consonance and in
  c. the amounts in this separate bank account shall be
                                                            Rules' Regulation 3 of the Regulations'
 compliance with section 4(2X1XD) of the Act, Rule 5 of the
                                                                     of Circular No 39/2021 dated
 the Orders as well as the Circulars of MahaRERA and in compliance
  28.12'202lreadwithCircu|arNo.394/2022da|ed17,03.2022',
                                                                     year and shall upload on
  d. shall be audited within six months after end of every financial
                                                                 duly certified and signed by a chartered
  MahaRERA promoter web page the statements of accounts
                                                                   RERA Kindly Refer to Privacy Polrcy
  accountant in practice. Date:- Promoter (sign & stamp)Tags:
  & Complete Terms of Use and      Disclaimer.
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