I




        qgHltI; MAHARASHTRA                         () 2018 ()                               TC 42403:
                                                                                         5 SEP' 20;11ffi
            •

I



          Alftdavit cum Declaration of Mr. Vikram madhukar pawar chairman of Gajanan
          h~ghts coop hsg soc project / duly authorized by the chairman of the proposed project,
          vifeits authorization dated 1-10-2018;

          I, Mr. Vikram madhukar pawar chairman of Gajanan heights coop hsg soc project / duly
          authorized by the chairman of the proposed project do hereby solemnly declare,
          utfertake and state as under:

          1.e~hat.chairman has a legal title Report to the land on which the development of the
          proj ect IS proposed
                                                      OR

          Mf  ~~1:!~\s'~~~o-op     housing society ltd. has a legal title Report to the land .Qnwhich
          the development of the proposed project is to be carried out                     ,.., '

                                                  --:-AND
 a legally valid authentication of title of such, land along with an authenticated copy of the
 agreement between such owner and promoter for development of the real estate project is
 enclosed herewith.                                                                     ,

 2. That the Project land is "freefrom all encumbrances.

                                              OR
  That details of encumbrances              . N.A.              including' dues and Litigation,
 .details of any rights, title, interest or name of any party in or over such land, along with
'dctails.           .                                         "


3.The time period within which the project shall be completed by chairman from the date
of registration of project is 01-10-7021;

4.(a) For new projects:
That seventy per cent of the amounts realized by chairman for the real estate project from
the allottees, from time to time, shall be deposited in a separate account to be maintained
in a scheduled bank to cover the cost of construction and the land cost and shall be used
only for that purpose. '

 (b) For ongoing project on the date of commencement of the Act

        (i) That seventy per cent of the amounts to be realized hereinafter by chairman
       for the real estate project from the allottees, from time to time, shall be deposited
       in a separate account to be maintained in a scheduled bank to cover the cost of
       construction and the land cost and shall be used only for that purpose.
                                               ~~OTED AND REGiSTE~ED\
                  " :f.,
                                              ~\TSR t·-l!.:)) Co   ~·····tl·r.·C? {~
                                              THE DOCU\fENT CONSIST
,-.
                                              .OF...~. " ..,'pAGES"", ,,,II"


~#~'                                                                        OR

                                        (ii)That entire of the amounts to be realized hereinafter by chairman for the real
                                        estate project from the allottees, from time to time, shall be deposited in a separate
                    ,,,:,~~,,:,,,:::-,~,,,
                                        account to be maintained in a scheduled bank to cover the cost of construction and
              ;:\,:t~;~~\t':~'~'      "'the .land cost and s~all ~e used only for t~at purpose, since the. estimated
              :~.:.'... ::~.j~;
                            -i~l. '.    rec~lvable of the proj ect IS less than the estimated cost of completion of the
~.            r        -;:, .-:.-;,-.   prpJect.
      ~   /      \. ~:',:~~
                          ! _-:;,      :
          ':>
                    ::r--·-,~~·:!~at\heamounts from the separate account shall be withdrawn in accordance with'
                    ""~:....--RUle5.

                               6. That the chairman shall get the accounts audited within six months after the end      of
                               every financial year by a practicing Chartered Accountant, and shall produce a statement
                               of accounts duly certified and signed by such practicing Chartered Accountant, and it
le                             shall be verified during the audit that the amounts collected for a particular project have
IS                             been utilized for the project and the withdrawal has been in compliance with the
                               proportion to the percentage of completion of the project.

                                7. That the chairman shall take all the pending approvals on time, from the competent
                               authorities.

                               8. That the chairman shall inform the Authority regarding all the changes that have
                               occurred in the information furnished under sub-section (2) of section 4 of the Act and
                               under rule 3 of these rules, within seven days of the said changes occurring.

                               9. That the chairman has furnished such other documents as have been prescribed by the
                               rules and regulations made under the Act.

                               10.That the chairman shall not discriminate against any allottee at the time of allotment
                               of any apartment, plot or building, as the case may be.