{"id":1629,"date":"2020-01-08T07:21:55","date_gmt":"2020-01-08T07:21:55","guid":{"rendered":"http:\/\/dahotreca.com.com\/?p=1629"},"modified":"2020-01-08T07:21:55","modified_gmt":"2020-01-08T07:21:55","slug":"self-declaration-to-be-submitted-by-promoters-to-bank","status":"publish","type":"post","link":"https:\/\/dahotreca.com\/?p=1629","title":{"rendered":"Self Declaration to be submitted by Promoters to Bank"},"content":{"rendered":"\n<p> Under proviso to Section 4(2)(l)(D): <\/p>\n\n\n\n<p>i. the promoter shall withdraw the amounts from the separate account, to cover the cost of the project, in proportion to the percentage of completion of the project; <\/p>\n\n\n\n<p>ii. the amounts from the separate account shall be withdrawn by the promoter after it is certified by an engineer, an architect and a chartered accountant in practice that the withdrawal is in proportion to the percentage of completion of the project; <\/p>\n\n\n\n<p>iii. the promoter shall get his 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 verified during the audit that the amounts collected for a particular project have been utilised for the project and the withdrawal has been in compliance with the proportion to the percentage of completion of the project. <\/p>\n\n\n\n<div class=\"wp-block-file\"><a href=\"https:\/\/dahotreca.com\/wp-content\/uploads\/2020\/01\/6-Self_Declaration_by_Promoters_to_Bank.pdf\">6-Self_Declaration_by_Promoters_to_Bank<\/a><a href=\"https:\/\/dahotreca.com\/wp-content\/uploads\/2020\/01\/6-Self_Declaration_by_Promoters_to_Bank.pdf\" class=\"wp-block-file__button\" download>Download<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Under proviso to Section 4(2)(l)(D): i. the promoter shall withdraw the amounts from the separate account, to cover the cost of the project, in proportion to the percentage of completion of the project; ii. the amounts from the separate account shall be withdrawn by the promoter after it is certified by an engineer, an architect [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[20,19,18],"rttpg_featured_image_url":null,"rttpg_author":{"display_name":"User Collaborator","author_link":"https:\/\/dahotreca.com\/?author=3"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/dahotreca.com\/?cat=12\" rel=\"category\">Real Estate (Regulation) Development Act<\/a>","rttpg_excerpt":"Under proviso to Section 4(2)(l)(D): i. the promoter shall withdraw the amounts from the separate account, to cover the cost of the project, in proportion to the percentage of completion of the project; ii. the amounts from the separate account shall be withdrawn by the promoter after it is certified by an engineer, an architect&hellip;","_links":{"self":[{"href":"https:\/\/dahotreca.com\/index.php?rest_route=\/wp\/v2\/posts\/1629"}],"collection":[{"href":"https:\/\/dahotreca.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dahotreca.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dahotreca.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/dahotreca.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1629"}],"version-history":[{"count":1,"href":"https:\/\/dahotreca.com\/index.php?rest_route=\/wp\/v2\/posts\/1629\/revisions"}],"predecessor-version":[{"id":1631,"href":"https:\/\/dahotreca.com\/index.php?rest_route=\/wp\/v2\/posts\/1629\/revisions\/1631"}],"wp:attachment":[{"href":"https:\/\/dahotreca.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dahotreca.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1629"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dahotreca.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}