Date: 23.10.23
                                               Format 'A'
                 Declaration about Separate Bank Account for real estate projects.
                               (On the Letterhead of the promoter)
A. Name of the Promoter: H.Rishabraj Realty
B. Name of the Project: Rishabraj Aradhana
Project Land: Sub-Plot No. 1, New F.P. No. 275 (Old F.P. No. 324) of T.P.S.-III, Borivali (West),
Mumbai – 400 092.
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, I have a separate bank account for this real estate project/phase of real estate project
the particulars whereof are as follows:

Account Name: M/s. H. Rishabraj Realty
Account Number: 122100103254
Bank Name: The Cosmos Co-op Bank Ltd
Branch Name: Borivali (E)
IFSC Code: COSB0000122
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C. the amounts in this separate bank account shall be withdrawn and used in consonance and in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)(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;
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: 23.10.23                                              Promoter: H. Rishabraj Realty
                                                                        Digitally signed
                                                            HARISH by HARISH
                                                            RATANCH RATANCHAND
                                                                     JAIN
                                                            AND JAIN Date: 2023.10.26
                                                                     14:07:43 +05'30'

                                                            Mr. Harish R. Jain
                                                            (Partner)