PAPAM
   DEVELOFERsi



                                             F'ORMAT 'A'
                    Declaration about Separate Bank Account for ReaI Estate Projects
                                  (On the ktterhead of the promoter)

                Name of the Promoter Organisation: M/s. PARAM DEVELOPERS a Partnership Firm and
                Mr. Akshay Amarprasad Jaiswal
           B,   Name of the Project: PARAM SUVARNVASTU

           1.   lA/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.

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

                Account Name:                     PARAM DEVELOPERS
                Account Number:                   025002100000185
                Bank Name:                        POORNAWADI NAGRIK SAHAKARI BANK
                                                  MARYADIT BEED
                Branch Name:                      SATARA PARISAR CHHATRAPATI SAMBHAJINAGAR
                IFSC Code:                        HDFCOCPNSBL


           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 Projecl from the alloftees, from time to timei
                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                c the amounts in this separate bank account shall be withdrawn and used in consonance and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) (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 daled 28.12.2021 read with Circular No. 39N2022 daled 17 .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.


                    Date: 11-05-2023




Reg. Office : Shop No. 14, Shyam Chamber, Behind Tandoor Hotel, Bansilal Nagal Aurangabad-431001(MH)
 PAEAM
    EEVELOPEF5




          Date - 08-06-2023


                        TO WHOMSOEVER IT MAY CONCERN


         This is to corroborate that, for our project-pARAM
                                                               .,,ARNVASTU situated at
         Gut No Ollpart, ltkheda, Aurangabad (Chhatrapati
                                                                 Sambhajinagar), we have
        a Designated Bank Account which wi,
                                                  be operated by M/s. param Deveropers
        further we herewith corroborate that
                                               both M/s. param Deveropers and Mr.
                                                                                    Akshay
        Amarprasad Jaiswar, are joinry responsibre
                                                     for withdrawar of amount(s) from this
        Designated Bank Account, mentioned
                                                 in format A of separate Bank Account,
        hence this declaration.



        Thanking you,



       Yours truly,




d
Reg. Office : Shop No. 14, Shyam Chamber, Behind Tandoor Hotel, Bansilal Nagar, Aurangabad-431001(MH)