JKAssociates
Sheetal Park, Shop no.9, SheetalNagar, MiraRoad (East), Tal. & Dist. Thane -401107
                                        Format 'A'
      Declaration about Separate Bank Account for Real Estate Projects
A. Name of the Promoter Organisation: M/s. J. K. Associates
B. Name of the Project: Sheetal Dhara
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
   realised for the 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 : J.K. Associates

     Account Number: 120026782761
   Bank Name :Canara Bank
   Branch Name: Mira Road Branch
    IFSCCode : CNRB0015481
3. We hereby confirm that ihe aforesaid bank account:
       a.   is a separate bank account, exclusively for depositing seventy percent of
            amounts realised for the realestate 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       C.   the amounts in this separate bank account shall be withdrawn and used in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)\(1)(D) of the Act, Rule 5 of the
            Rules, Regulation 3 of the Regulätions, the Orders as well as the Circulars of
            MahaRERA and in compliance of CircularNo. 39/2021dated 28.12,2021read
            with Circular No. 39A/2022 dated 17.03.2022:

       d. shall be auditedwithin 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.
                                                     Her J. K. ASSGCIATES,
Date:- 22/01/2024
       06/01/2023

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