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                                                                                                    5HANTAMA
                                                                                                  BUILD TEC
                                                                                                 E N AIN E E RIN   A E XE CE LLE NC E
                                                                                                                             -
                                                     FORMAT'A'
                   Declaration about Separate Bank Account for Real Estate Projects
                                  (On the l€tterhead of the promoter)

          A,   Name of the Promoter Organisation: M/s. SHANTAMA BUILO TEC

          B.   Name ofthe Project AARAMBH COMMERCIAL SPACES

          1.   l/We are aware that as Per Section 4 (2) (l) (D) of Real Estate (Registration and Development) Act,
               2016, promotors are rsquired to Open a separate account in a schedulad bank 10 for the purpose
               of depositing seveniy per cent of the amounts realised tor the real estate pro.lect from the
               allottees, from time to time.

               Accordingly, l/We have a separate bank account for this Real Estate Pro.iect / Phase of Real Estate
               Proiect the particulars whereof are as follows:

               Accounl Name;                    M/s. SHANTAMA BUILD TEC
               Accour Number:                   20131001 t 000469
               Bank Name:                       OMPRAKASH DEORA PEOPLE'S CO.OPERATIVE BANK LTD,
                                                HINGOLI,
               Branch Name:                     RAILWAY STATION ROAD, AURANGABAD
               IFSC Code:                       svcBo009013

               We heroby confirm that ths aforesaid Bank Accounl:

               a. is a separale Bank Account exclusively for depositing Seventy Per Cent of amounts realised
                   for tho Real Estate Project from the allottess, fom time to time;

               b. is a No Lien Account and No Loan I Charge I Encumbrancg can be undertaken against th6
                   amounts deposited in lhis bank account;

               c. the amounb in this separate bank account shall be witMrawn and used in consonance and ln
                   compliance with Section 4 (2) (l) (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 dated28.12.2021 read wlth Circular No. 39A'/2022 dated 17.03.2O22i
               d. shall b€ audited within Six Months after end of every financial year and shall upload on
                   MahaREM promoter web page the statements of accounts duly certilied and signed by a


    t1             Chartered Accountant in practice.


                   Date:02-06-2023                                                       Promoler




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                      OffiEe No. . 9-Il O-wing Fi.st Floor Naragan Plaza, Eannaugh] PlaEe, Eidco, Auranqabad.
                      Email' shanlEmaEonslruclions@gmail.com I into@shantama.com