MOTI CON'TRUCTION'
'Moti Grcnd Clty Phore - lr, Gut No. 63/P, Necr Pollce 6lony, Podegcon,
                         Aulongabod - 43loo2

                                                                        Date:10.05.2023
                                      tormat 'rf
          Declaration about Separate Bank Account for Real Estate Projects

     Name of the Promoter Organisation: Mr. Akbar Umedali Moti (Proprietor of M/s
     lvlotiConstructions)
     1. Name ofthe Project: Moti Grand Clty Phase - 1, Gut No. 63/P, Village Padetaon,
        Tal. & Dist. Aurangabad - 431002
     2. Iam aware that as per section 4(2XlXD)'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 for the real estate project from the allottees, from time to time.
     3. Accordingly, I have a separate bank account for this real estate project, the
        particulars whereof are as follows:
        Account Name: MOTI CONSTRUCTIONS
        Account Number: 9992779277 927 7
        Bank Name: HDFC BANK LTD.
        BTanch Name: AKASHWANI BRANCH
        IFSC Code: HDFC0000113
     4. I herebv confirm that the aforesaid bank account:
        a. ls a separate bank account, exclusively for depositing seventy per cent of
            amounts reallsed for the real estate project from the allottees, from time ro
           time;
        b. ls a no-lien account and no loan / charge / encumbrance can be withdrawn
           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        c. The amounts in this separate bank account shall be withdrawn and used in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(2X1XD) of the Act, Rule 5 of
           the Rules, Regulation 3 of the Regulations, the Orders as well as the Cjrculars
           of MahaRERA and in compliances of Circular No. 39/2027 dated 28,f2.2O21
           and with Circular No, 39A/2022 dated 77.03.2022
        d. Shall be audited within six months after end of everv 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 lil/s Moti Constructions



                                                               Mr. Akbar Umedali Moti
                                                                             (Proprietor)