SHIVSHAKTI CONSTRUCTIONS BUII.DERS & DEVETOPERS FORMAT 'A' Declaration about Separate Bank Account for Real Estate Projects (On the Letterhead of the promoter) A. Name of the Promoter Organisation: M/s. Shivshakti Constructions B. Name of the Project: Shivshakti Heights 1. l/vve are aware that as Per Section 4 (2) (l) (D) of Real Estate (Registration 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, l^/ve have a separate bank account for this Real Estate Project / Phase of Real Estate Project the particulars whereof are as follows: Account Name: Shivshakti Constructions Account Number: 027002100000932 Bank Name: Kallappanna Awade lbhalkaranji Janta Sahakari Bank Ltd Branch Name: Kushal Nagar, Au rangabad IFSC Code: KAtJ0000027 We hereby confirm that the aforesaid Bank Account: a. is a separate Bank Accounl, 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be undertaken against the amounts deposited in this bank account; c. the amounts in this separate bank account shall be withdrawn and used in consonance and in compliance with Section 4 (2) 0) (D) of the Act, Rule 5 of the Rules, Regulation 3 of the Regulations, the Orders as well as the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. 39N2022 daled 17.03.2022i 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: 06-02-2023 Promoter M/s. office No A 603, A wing, space olympia, sutgirni chowk, Garkheda, Aurangabad M. No. 93702g7067