Format 'A'
                  Declaration about Separate Bank Account for real estate projects.
                                                                                    Date: 28-11-2023
     A. Name of the Promoter Organisation: Dhanalaxmi Enterprises Builders & Developers
     B. Name of the Project: The Grand
     Project Land: 356 (pt.) at Hariyali, Kurla, Mumbai Suburban, 400083
     1. We are aware that as per section 4 (2)(1)(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 per cent of the amounts realised for the real estate project from
     the allottees, from time to time.
     2. Accordingly, we have a separate bank account for this real estate project/phase of real
     estate project the particulars whereof are as follows:

     Account Name: Dhanalaxmi Enterprises Builders & Developers
     Account Number: 923020061789492
     Bank Name: Axis Bank Ltd
     Branch Name: Ghatkopar
     IFSC Code: UTIB0000029


     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 ti.me;
     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     C. the amounts in this separate bank account shall be withdrawn and used in consonance and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)(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;




Office : Unit No, 18/A, Kanara Business Centre, Laxmi Nagar, Ghatkopar (E), Mumbai – 400075.Tel : 022-25001122
     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.


     Yours sincerely,

     For Dhanalaxmi Enterprises Builders & Developers.




Office : Unit No, 18/A, Kanara Business Centre, Laxmi Nagar, Ghatkopar (E), Mumbai – 400075.Tel : 022-25001122