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                                         FORM'B'
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                                       [Seerule 3(6[

I   DECLARATION, SUPPORTEDBy AN AF',F',IDAVIT,WHICH SHALL BE SIGNED
    BY THE PROMOTER OR AI\[Y PERSONAUTHORIZED BY THE PROMOTER
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                                  Affidavit cumDeclaration

    Affidavit cum Declarationof Navyog Apartments Co-Operative Housing Society
    Ltd, throughits constitgtedAttorneyM/S K Ajmera Developers of the proposedproject
    / duly authorizedby the promoterof the proposedproject,vide its/his/theirauthorization
    dated

I   I, Navyog Apartments Co-Operative Housing Society Ltd, throughits constituted
    AttorneyM/S K Ajmera Developers of the proposedproject/ duly authorizedby tfre
I   promoterof theproposedprojectdo herebysolemnlydeclare,undertakeandstateasunder:

I   l. That constitutedAttorneyto ownerhave/hasa legaltitle Reportto the land on which the
    development of the projectis proposed


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                                                     OR
Have/hasa legal title Report to the land on whichthe development
                                                              of the proposed
                                                                            projectis to
be carriedout


                                                     AND

a legally valid authenticationof title of such land along with an authenticatedcopy of the
agreementbetween such owner and promoter for developmentof the real estate project is
enclosedherewith.

2.Thatthe project land is free from all encumbrances.

OR

That detail of encumbrances_ including dues and litigation, details of any rights, title, interest
or nameof any party in or over such land, along with details.

3. That the time period within which the project shall be completedby constitutedAttorney to
owner from the dateof resistration3110812025

4. (a) For new projects:

That seventy per cent of the amounts realised by constitutedAttorney to owner for the real
estateproject from the allottees,from time to time, shall be depositedin a separateaccountto
be maintainedin a schedulqd.:!"nkto cover the cost of constructionand the land cost and shall
be usedonly for that purpose:           , .,.
                   ,,,                    . t:..,.
(b) For ongoing plgject on the date of comfnencementof the Act

(i) That seventyper cent of the amounts to be realisedhereinafterby constitutedAttorney to
owner for the real estateproject from the allottees,from time to time, shall be depositedin a
separateaccountto be maintainedin a scheduledbank to cover the cost ofconstruction and the
land cost and shall be usedonly for that purpose.

OR

(ii) That entire of the amountsto be realisedhereinafterby constitutedAttorney to owner for the
real estateproject from the allottees,from time to time, shall be depositedin a separateaccount
to be maintained in a scheduledbank to cover the cost of constructionand the land cost and
shall be used only forthat purpose,sincethe estimatedreceivableof the project is lessthan the
estimatedcost of completionof the project.

5. That the amountsfrom the separateaccountshall be withdrawn in accordancewith Rule 5

6. That constitutedAttorney to owner shall get the accountsauditedwithin six months after the
end of every financial year by a practicingCharteredAccountant,and shall producea statement
of accountsduly certified and signed by such practicing CharteredAccountant,and it shall be
verified during the audit that the amountscollectedfor a particularproject have beenutilised for
the project and the withdrawal has been in compliancewith the proportion to the percentageof
completionof the project.

7. That constitutedAttorney to owner shall take all the pending approvalson time, from the
competentauthoritics.
8. That constitutedAttonrej to owner shall inform the Authority regardingall the changesthat
have occurredin the informationfurnishedunder sub-section(2) of section4 of the Act and
underrule 3 of theserules,within sevendaysof the saidchangesoccurring.

9. That constitutedAttorneyto owner ltave lhas furnishedsuchotherdocumentsas havebeen
prescribedby therulesandregulations madeundertheAct.


10.That constitutedAttorneyto ownershallnot discriminateagainstany allotteeat the time of
allotment.




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