VA DEVELOPER'
Office No. 306, tpoce Olympic, tutglrnl Chowh, Aurangabod - 43loo5


                                                                                   Dater28.03.2023

                                          Format'A'
           De.laration about Separate Bank Account for Real Estate Projects


    Name ofthe Promoter Organisation: M/s VA Developers, through its Partners Mr. Rahul
    Baswant Nandgawali and Mr. Vishal Rajaram Jadhav
    Name of the Project: Aryan Hills at Plot No. 45, 46, 47,48, 49 and 50, cut No. 347/1,
    Satara, Taluka and Distri.t Aufangabad -431002


         We 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 for the purpose of depositing seventy per cent of the amounts realised
         forthe realestate project from the allottees, from time tb time.
    z.   Accordingly, we have a separate bank account for this real estate project, the particulars
         whereof are as follows:
         Account Name: VA DEVELOPERS
         Account Number: 5020OO7 7 07 9963
         BanK Name: HDFC BANK I.TD.
         BTanch Name: GURUNATH SANKUL AURANGABAD
         IFSC Code: HDFC0001453

    3.   We hereby confirm that the aforesaid bank account:
         a. ls a separate bank account, exclusively for depositing seventy per cent of amounts
             realised for the real estate project from the allottees, from tjme to time;
         b. ls a no-lien account and no loan / charte / encumbrance can be withdrawn against
             the amounts deposited in this bank accounU
         c. The amounts in this separate bank account shall be withdrawn and used in
             consonance and in compliance with Section 4(2)(1)(D)ofthe Act, Rule 5 ofthe Rules,
             Regulation 3 of the Regulations, the Orders as well as the Circulars of MahaRERA
             and in compliances of Circular No. 39/2021 dated 28.12.2021 and with Circular No.
             39 N 2022 dated !7.03.2022
         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


                                                                    FOR M/S VA DEVELOPERS




                                                            MR. \'ISIIAL RdJARAM JADHAV
                                                                      (AUTHORISED PARTNtrR)