Param Casa Developers FORMAT 'A' Declaration about Separate Bank Account for Real Estate Projects (On the l,etterhead of the promoter) Name of the Promoter Organisation: M/s. PARAM CASA DEVELOPERS B, Name of the Project: PARAM CASA ROYAL 1. l^^/eareawarethatasPersection4(2)(l)(D)ofRealEstate(ReoistrationandDevelopment) i Act, 2016. promoters are required to Ofien'i separate account in scheduled bank to for the puipo." oi i"po.iting seventy per cent oi tne amounts realised lor the real estate project from the allottees, from time to time Estate Project / Phase of Real Accordingly, l/lve have a separate bank account for this Real Estate Pr-oiect the particulars whereof are as follows: Account Name: PARAM CASA DEVELOPERS Account Number: 510000000015469 Bank Name: SARASi WAT CO-OPERATIVE BANK LTO Branch Name: MGM MEDICAL COLLEGE AURANGABAD IFSC Code: sRcB0000'111 3. We hereby confirm that the aforesaid Bank Account: a. Seventy Per Cent of amounts realised - is a separate Bank Account, exclusively for depositing from time to time; forthe'Real Estate Project from the allottees, b.isaNoLienAccountandNOLoan../charge/Encumbrancecanbeundertakenagainstthe amounts deposited in this bank abcounti and used in consonance and c. " the amounts in this separate bank account shall be withdrawn Rules' Resulation 3 or the i;;;;;lir;;" with section +iil trl tol or the Act,-Rule s-of .the n"wr"iion" the orders r,"'iili it'!'Circulars of MahaEEl| and in compliance of Circular "" read with Circular No 39N2022 daled 17 '03'2022' r.r.,-sslzozl daled 28.12.202'l -d.shallbeauditedwithinsixMonthsafterendofeveryfinancialyearandshall.uploadon rtf"h"ngnn promoter weo page the statements of aciounts duly certified and signed by a Chartered Accountant in Practice. Promoter Dale. 20-11-2023 l{eg. Oflltt: l,l0t No. 0(r. Lilssons Chsritabl* Trust Building, Opp. r*'alking Plnz) Shilp Nlgrr, RTo llsilrtey Slatior Rord, Aurtngrbnd-{J f005 (MH)