l k< KRISHANG INFRA PVT. LTD. FORMAT 'A' DECLARATION ABOUT SEPARATE BANK ACCOUNT FOR REAL EST ATE PROJECTS. A. Name of the P1~omoter/ Organization: Krishang Infra Private Limited B. Name of the Project: 56 Park Avenue (Himanshu .Mandar CHSL) 1. I/We are aware that as per section 4(2)(l)(D) of the Real Estate (Regulation and Development) Act, 2016 promoters are required to open separately an account in a scheduled bank for the purpose of depositing seventy per cent of the amounts realized 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: Krishang Infra Pvt. Ltd. Project AC 56 Park A venue Account Number: 99450200002358 Bank Name: Bank of Baroda Branch Name: DJ. Road, Vile Parle West IFSC Code: BARB0DBVWST 3. We hereby confirm that the aforesaid bank account: a. Is a separate bank account, exclusively for depositing seventy percent of amounts realized for the real estate projects 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 c. The amounts in this separate bank account shall be withdrawn and used in consonance and in compliance with section 4(2)(1)(0) of the Act, Rule 5 of the Rules, Regulation 3 of the Regulations, the orders as well as the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 Circular No 39/2021 dated 28.12.2021 read with circular No 39A/2022 dated 17.03.2022; 9, Saroj Apartments, V.P. Road, Opp. Grass Hopper Restaurant, Vile Parle (West), Mumbai - 400 056. Tel.: 022 26128660 / 61 / 62 I 63 / 64, Email: contact@krishanggroup.com / info@krishanggroup.com d. Shall be audited within six months after end of every financial year and upload on MahaRERA promoter web page the statements of accounts duly certified and signed by a Chartered Accountant in practice. Date: l 2/07/2023 PROMOTER .f(Rl8HANG INFRA PRIVATc 1 1:. u - ยท ~OR (Sign and Stamp)