I,Mr. Nitin Bhiva Kshirsagar promoter of proposed project do hereby solemnly declare, undertake and state as under: 1. That promoter have a legal title report to land on which development of proposed project is to be carried out. AND a legally valid authentication of title of such land by practicing advocate of land owner along with a declaration, supported by an affidavit by land owner or any person authorized by land owner along with an authenticated copy of agreement between such owner and promoter for development of real estate project is enclosed herewith. 2. That said land is free from all encumbrances. 3. That the time period within which project shall be completed by me/promoter is 45 Months . 4. (a) For new projects : That seventy per cent of amount realized by promoter for Real estate project from allottees, from time to time, shall be deposited in a separate account to be maintained in a scheduled bank to cover cost of construction and land cost and shall be used only for that purpose. 5. That amounts from separate account shall be withdrawn in accordance with Rules framed by State Government. 6. That I / promoter shall get accounts audited within six months after end of every financial year by a chartered accountant in practice, and shall produce a statement of accounts duly certified and signed by such chartered accountant and it shall be verified during audit that amounts collected for a particular project have been utilised for the project and withdrawal has been in compliance with proportion to percentage of completion of the project. 7. That I / promoter shall take all approvals on time from competent authorities. 8. That I / promoter have / has furnished such other documents as have been prescribed by rules and regulations made under the Act. Deponent Verification The contents of my above Affidavit cum Declaration are true and correct and nothing material has been concealed by me there from. Verified by me at Mumbai on this 1st day of April 2019. Deponent