Nevnsaner BuTLDERS
                                            FORMAT 'A'
                  Declaration about Separate Bank Account for Real Estate projects
                                 (On the Letterhead of the promoter)

     Name of the Promoter Organisation: M/s. NAVBHARAT BUILDERS - Proprietor - Mr. Navin Viiaykumar Patni

B.   Name of the Project: LABH APARTMENTS

't. l/!Ve 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.

     Accordingly, l/We have a separate bank account for this Real Estate Project / Phase of Real Estate Project the
     particulars whereof are as foltows:

     Account Name:                     NAVBHARAT BUILDERS
     Account Number:                   0285110 0 0 02 94 5
     Bank Name:                        PUNJAB AND SIND BANK
     Branch Name:                      AURANGABAD
     IFSC Code:                        PSr80000285

3. We hereby confirm that the aforesaid Bank Account:
   a. is a separate Bank Account, 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
         rn 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     c, the amounts in this separate bank account shall be withdrawn and used in consonance and in compliance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) (l) (D) ofthe Act, Rule 5 ofthe Rules, Regulation 3 ofthe Regulations, the Orders as wett as
        the Circulars of MahaRERA and in compliance of Circular No.39/2021 daled 28.12.2021 read with Circular No,
        39 N 2022 dated 1 7 .03.2022i


     d. shall be audited within Six Months after end of every financial year and shall upload on l\4ahaRERA promoter
        web page the statements of accounts duly certified and signed by a Chartered Accountant in practice.


        Dat;: 26-06-2023                                                         Promoter



                                                                                  x-
            N.S.-|, CIDCO, Shivaji Nagar, Satara Parisar, Aurangabad - 05