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                                                             FORM –‘A’
             Declaration about Separate Bank Account for Real Estate Projects.
         A. Name of Promoter Organization: Vishal Construction
         B. Name of the Project: Building No.2 AJMERA SHIKHAR
    1. I / We are aware that as per section 4 (2) (l) (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 percent of the
       amounts realised 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:                        VISHAL CONSTRUCTION – Ajmera Shikhar –
                                              Collection Escrow Account
         Account Number:                      256001800027
         Bank Name:                           INDUSIND BANK
         Branch Name:                         Acme Plaza, C.T.S NO. 32. Opp. Sangam Talkies,
                                              Andheri Kurla Rd, Andheri E, Mumbai - 59
         IFSC Code:                            INDB0000018
    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 real estate 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     c. the amounts in this separate bank account shall be withdrawn and used in
        consonance and in compliance with Section 4(2)(l)(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 Circular No. 39/ 2021 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.


              Date: - 09.08.2023




                                                                                                        Promoter
                                                                                                    (Sign and Stamp)