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                                                                         [See Rule 3 (4f]

                             DECLARATIOI{ SUPPORTED BY AN AFFIDAVIT WHICH SHALL BE
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                            SIGNED BY THE PROMOTER OR ANY PERSON AUTHORIZED BY THE
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                            PROMOTER
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                                                                 Alfrdavit cum Declaratlon
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                 I    II' nfnaa,rit cum Declaration of Mr. pra:rav Kiran Ashar, Director of pranav
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                           Constructions Private Limited; promoter of the proposed project known as
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   'Shining Star CHSL'situated at Sub Plot Nos. 79, 8O and                              ved
   by Town Planning Dept from Finpal Plot Nos. 18 & 19 T                             .s. No.
   1610/8 admeasuring 2853 Square Yards i.e. 2385.5 Square                       eabout sof
   Revenue Village and City Survey Vile Parle (West), Taluka Andheri in the Registration
   District and Sub-District of Mumbai Suburban, in Brihan Mumbai Mahanagarpalika
   H/W Ward and lying, being and situate at 79, aO,81, Relief Road, Daulat Nagar,
   Santacruz (West), Mumbai - 400 O54 being re-developed by Pranav Constructions
   Private Limited. vide Power of Attorney dated l7 l4l2023;


   I, Mr. Praaav Klran Ashar, Director of Pranav Constructions Private Limited; Promoter
   of the proposed Redevelopment project do hereby solemnly declare, undertake and
   state as under:

1. That "Shining Star Co-Operative Housing Society Limited" has a legal Title Report to
   the land on which the Redevelopment of the proposed project is to be carried out and
   a legally valid authentication of the title of such land along with an authenticated copy
   of the agr:eement between such owner and Pranav Constructions Private Limited for
   redevelopment of the said Rea-l Estate Project enclosed herewith.
2. That the said land is free from a-11 encumbrances.
3. That the time period within which the project sha.ll be completed by the Promoter on
   or before 1O.O3.2O27.
4. That seventy per cent ofthe amounts realized hereinafter by the Promoter for the ReaI
   Estate Project from the allottees, from time to time, shall be deposited in a separate
   account to be maintained in a scheduled bank to cover the cost of construction and
   the land cost and shall be used only for that purpose.
5. That the amounts from the separate account to cover the cost of the project shall be
   withdrawn in proportion to the percentage of completion of the project.
6. That the amounts from the separate account shall be withdrawn after it is certified by
   an Engineer, an Architect and a Chartered Accountant in Practice that the withdrawa-l
   is in proportion to the percentage of completion of the project.
7. T}.at I shall get the accounts audited within six months after the end of every financial
   year by a Chartered Accountant in Practice and shall produce a statement of accounts
   duly certified and signed by such Chartered Accountant and it shall be verifred during
   the audit that the amount collected for a particular project have been utilized for the
   project and the withdrawal has been in compliance with the proportion to the
   percentage of completion ofthe project.    ,




8. That I sha-l1 take all the pending approvals on time from the competent authorities.
9. That I have furnished such other documents as have been prescribed by the rules and
   regulations made under the Act.
lO.That I shall not discriminate against any Allottee at the tirq*e of allotment of any
   apartment, plot or building, as the case may be, on any groun S. \




                                                                      -99-!e-
                                                                          Depoaent
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                                      VERIFICATION
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    I, th e      ent above, do hereby veriff the contents of my above Alfidavit cum
    Declaration are true and correct to the best of my knowledge and I have not concealed
    any material facts.

    Verilred on this 25tr IMay,2O23




                                                                                .Jl-r-!-r-


                                                                                              Depoaetlt




                                                                            BHFORE ME


                                                                        PREE TI B.T AILOR
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