,
I




                                                                             AT 825461



                                                                         2 4 SEP 2019
                                                                                        (Q~
                                            FORM 'B'




                                Affidavit cum Declaration

     Affidavit cum Declaration of Mr. Kavindra R. Shah, Mr. Prakash R. Shah, Mr.
    lJignesh_J. Shah & Mis. R.R Infra Ventures Pvt. Ltd. promoter of the proposed project
     " Sundar Niwas Co-op. Hsg. Society Ltd."
    §
     We, Mr. Kavindra R. Shah, Mr. Prakash R. Shah, Mr. Jignesh_J. Shah & Mis.
    ~.R Infra Ventures Pvt. Ltd promoter of the proposed project.

    ml. That We Mr. Kavindra R. Shah, Mr. Prakash R. Shah, Mr. Jignesh_J. Shah &
    Mis. RR. Infra Ventures Pvt. Ltd Promoter have a legal title to the land on which the
    t:levelopment of the project is done.

                                              AND
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               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
               est~te
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                ~,,,,
                      project is enclosed herewith.
                          \

                \             "

               '2. Tl) t the said land is free from all encumbrances.
         10
        (1 .' 3,.: ..:~           t the time period within which the project shall be completed by promoter is
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•.v..,.:,~.         . That seventy per cent of the amounts         realised by me/promoter 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.

               5. That the amounts from the separate account, to cover the cost of the project,
               shall be withdrawn in proportion to the percentage of completion of the project.

               6. That the amounts from the separate account shall be withdrawn after it is
               certified by an engineer, an architect and a chartered accountant in practice that
               the withdrawal is in proportion to the percentage of completion of the project.

               7. That We Mr. Kavindra R. Shah, Mr. Prakash R. Shah, Mr. Jignesh_J. Shah &
               Mis. R.R. Infra Ventures Pvt. Ltd promoter shall get the accounts audited within six
               months after the 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 the audit that the amounts
               collected for a particular project have been utilised for the project and the
               withdrawal has been in compliance with the proportion to the percentage of
               completion of the project.

               8. That We Mr. Kavindra R. Shah, Mr. Prakash R. Shah, Mr. Jignesh_J. Shah &
               Mis. R.R.Infra Ventures Pvt. Ltd promoter shall take all the pending approvals on time,
               from the competent authorities.

               9. That We Mr. Kavindra R. Shah, Mr. Prakash R. Shah, Mr. Jignesh_J. Shah &
               Mis. R.R. Infra Ventures Pvt. Ltd promoter have furnished such other documents as
               have been prescribed by the rules and regulations made under the Act.

               10. That We Mr. Kavindra R. Shah, Mr. Prakash R. Shah, Mr. Jignesh_J. Shah &
               Mis. R.R.Infra Ventures Pvt. Ltd promoter shall not discriminate against any allottee at
               the time of allotment of any apartment, plot or building, as the case may be, on
               any grounds.




                (MR. KAVINDRA R. SHAH)




                (,~~~~------~~
                (M .                                                .R. INFRA VENTU~~~y,:l;.            LTD.)



                                                                            UDAl PRAKASH
                                                                                              ~wr~
                                                                                                (M.All~~j1
                                                                                 ADVOCATE & NOTARY OOVT. OF lNDIA
                                                                                     MUMBAI {MAHARASHTRA)
                                                                                            RegNQ.9972
                                                                            ShUD NO.lO.S. No.94. maswadl. KilAmdf VJltAdA
                                  Verification

The contents of my above Affidavit cum Declaration     are true and correct and
nothing material has been concealed by me therefrom.

Verified by me at Mumbai on this 17th October day of 2019.