FORMAT ‘A’
           DECLARATION ABOUT SEPARATE BANK ACCOUNT FOR REAL
                           ESTATE PROJECTS.
   A. Name of the Promoter/ Organization: MODIS NAVNIRMAN LIMITED


   B. Name of the Project: RASHMI SQUARE

   1. I/We are aware that as per section 4(2)(l)(D) of the Real Estate (Regulation and
      Development) Act, 2016 promoters are required to open a separately account in a scheduled
      bank 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.
   3. 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                  :-    MODIS NAVNIRMAN LIMITED
      Account Number                :-    9747575512
      Bank Name                     :-    KOTAK MAHINDRA BANK
      Branch Address-               :- ARKADE BHOOMI HEIGHTS,SHOP NO-2-3,SHOP NO-1
                                       PARTLY ,M.G ROAD,MUMBAI-400067 MAHARASHTRA
      IFSC Code                    :- KKBK0001410
   4. We hereby confirm that the aforesaid bank account:
      a. Is a separate bank account, exclusively for depositing seventy percent of amounts realised
         for the real estate projects 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      c. The amounts in this separate bank account shall be withdrawn and used in consonance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 upload on
         MahaRERA promoter web page the statements of accounts duly certified and signed bya
         Charatered Accountant in practice.

Date :- 01-01-2024                                         FOR MODIS NAVNIRMAN LIMITED
                                                                                             Digitally signed by MAHEK
                                                                         MAHEK    DINESH MODI
                                                                                  DN: cn=MAHEK DINESH MODI,
                                                                                  c=IN, o=PERSONAL,
                                                                      DINESH MODI email=mahekdmodi@gmail.com
                                                                                  Date: 2024.01.02 11:49:09 +05'30'



                                                                                 Authorised signatory