Format ‘A’
      Declaration about Separate Bank Account for real estate projects.
A. Name of the Promoter Organisation: SHREEJI BUILDERS AND DEVELOPERS

B. Name of the Project: KRISHNA NAYAN COMPLEX PHASE I

  1. I/We are aware that as per section 4 (2) (1) (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 percent of the
     amounts realized for real estate project from the allottees, from time to time.

  2. Accordingly, I/we have a separate bank account for this real estate project/
     phase of real estate project the particulars whereof are as follows:
     Account Name:       SHREEJI BUILDERS AND DEVELOPERS
     Account Number:     50200093515913
     Bank Name:          HDFC BANK
     Branch Name:        BADLAPUR
     IFSC Code:          HDFC0001806
     We hereby confirm that the aforesaid bank account:
     a. is a separate bank account, exclusively for depositing seventy percent 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 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     c. the amounts in this separate bank account shall be withdrawn and used in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)(I)(D) of the Act, Rule 5 of
        the Rules, Regulation 3 of the Regulations, Orders as well as Circulars of
        MahaRERA and in compliance of Circular No. 39/2021 dated 28.12.2021 read
        with Circular No. 39A/2022 dated 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 statement of accounts duly
        certified and signed by a chartered accountant in practice.
       Date: - 05/03/2024