GURUDATTA TOWERS
    Office Address :- "Ramkunj" Railway Station Road, New Osmanpura, Chhatrapati
                          Sambhajinagar, Maharashtra 431005
                                                                                Date:- 25/ o<is'/'lo 23
                                                   Format 'A'

                Declaration about Separate Bank Account for Real estate projects.

A. Name of the Promote r Organ isation :-Gurudatta Towers
B. Name of the Proj ect : Shiv Vatika
        I are aware that as per section 4 (2) (1) (D) of Real Estate (Regist rat ion and Developme nt) Act,
2016, promot ers are required t o open a separat e account in a scheduled bank to for the pu rpose of
depositing seventy per cent of the amounts reali sed fo r the real estate project from the allott ees, from
time to time.
Ac~ordingly, I have a separate bank account for this real estate project'/ ph ase of rea l estate project t he
particulars whereof are as follows :                           ·
        Account Name:- Gurudatta Towers
        Account Number: 42148678179
         Bank Name:- State Bank Of India
         Branch Name: IFB Branch, AB and C East, Near Prozone Mall Aurangabad.
         IFSC Code: SBIN0006834

 We hereby confirm that the aforesaid bank account:
       a. is a separate bank account, exclusively for depositing seventy per cen t of amounts re alised 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 unde rtaken aga inst the
amounts deposited in this bank account.
       c. the amounts in this se parate ban k account shall be withd rawn and used in consonance and in
compliance w ith Section 4(2)(l)(D) of the Act, Rule 5 of the Rules, Regu lation 3 of t he Regu lations, the
Orders as well as the Circulars of MahaRERA and in compliance of Circu lar No. 39/2021 da ted
 28.12.2021 read with Circular No. 39A/2022 dated 17.03.2022;
        d . shall be audited w ithin six months after end of eve ry fi nancial year and shal l upload on
 MahaRERA promoter web page the statements of accounts duly cert ified and signed by a chartered
 accountant in practice.

 Date:-25/08/2023




 RahulSatarkar _

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