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                                                                        'FORM-B,
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                  DECLARATION SUPPORTED BY AN AFFIDAVIT, WHICH SHALL
              brsrcnrueoBy rHE pRoMorER oR ANY PERSoN AUTHoRTZED BY THE
                                                                       PROMOTER

                                                            Affidavi t cum Decla ration
              I
          Affidavit-cum-Declaration of Mrs. Rekha V. Joshi - Chairman of M/s Vakolawala
          Codperative Housing Society Limited for project "silver Ark Paradise" situated at
          Vakolawala Co-operative Housing Society, Aram Society road, Santacruz East,
          ivuFnbai 400 055 vide his authorization dated 22nd April 2023'

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           I, Mrs. Rekha V. Joshi , Chairman of M/s. Vakolawala Cooperative Housing
           Society Limited for project Silver Ark Paradise, do hereby solemnly declare,
           undertake and state as under:

           l. That M/s. Vakolawala Cooperative Housing Society Limited is the promoter of
                   the Proposed project and we have a legal title to the land on which the
                   development of the project is proposed

           2. That the said land is free from all encumbrances.
           3. That the time period within which the project shall be completed by the co-
                   promoter is 31st December 2025.

           -+      That's seventy percent of the amounts realized by me for the real estate
                   project from the allottee's, from time to time, shall be deposited in a separate
A                  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.
t.rnrt *
,lu.3.)             hat the amounts from the separate account, to cover the cost of the project,
r.ttl022            hall be withdrawn in proportion to the percentage of completion of the
                   project.
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           6       That the amounts from the separate account shall be withdrawn after it is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 I 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 utilized for the project and the withdrawal has
                   been in compliance with the proportion to the percentage of completion of the
                   project.

           S       That I shall take all the pending approval ,on time, from the competent
                   a uthorities.


           9. That I have/has furnished such other documents as have been prescribed by
                   the rules and regulations made under the Act.

           10. That I shall not discriminate against any allottee at the time of allotment of
                   any apartment, plot or building, as the case maybe, on any grounds.

                                                                   Vdchw.l. Co{p. llte. Soci.r, Lrd.
                                                       (.
                                                                        Staqp and sign
                                             Re!r. No. '\
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                                                                             Deponent
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                          ,N D
                                   Verif ication

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 22od April 2023.


                             For M/s. Vakolawala Cooperative Housing Society Limited


                                                                   Q,efr Deponent
                                                                        Stamp and Sign

                                   Reg't. Na
                               (

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