SAIPRASAD BUILDERS AND DEVELOPERS 421101. - 101,15 Floor, EWing Saidham Apartment, Padgha, Tal - Bhiwandi Declaration about Separate Bank Account for real estate proiects DEVELOPERS A. Name of the Promoter Organisation : M/S SAI PRASAD BUILDERS AND B Name of the Project : MANGALMURTI HEIGHTS 1. \/We are aware that as per section 4 (2) () (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 per cent of the amounts realised for the real estate project from the allottees, fromn time to time. 2. Accordingly, / we have a separate bank account for this real estate project / phase of real estate project the particulars where of are as follows: Account Name: SAI PRASAD BUILDERS AND DEVELOPERS Account Number: 020011300000789 Bank Name: GP Parsik Sahakari Bank Ltd Branch Name: Padgha Branch, Masaheb Meenatai Thakare Complex, Padgha Bazar Peth, Tal Bhiwandi, Dist.Thane - 421101 IFSC Code: PJSBO000052 Nature of Account:Current Account 3. We hereby confirm that the aforesaid bank account: a. is a separate bank account, exclusively for depositing seventy per cent 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be undertaken against the amounts deposited in this bank account C. the amounts in thisseparate bank account shall be withdrawn and used in consonance and in compliance with Section 4(2XI)(D)of the Act, Rule 5 of the Rules, Regulation 3 of the Regulations, the Orders as well as the Circulars of MahaRERA and in compliance of CircularNo.391202- 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 statements of accounts duly certified and signed by a chartered accountant in practice Regards For SAJPRASAD BUILDERS AND DEVELOPRS fatthatefs Prasad Subhash Kathore Proprietor Date :17/04/2024