BUYER'S SOURCE-OF-FUNDS DECLARATION
Place: Chandigarh. Date: 1 April 2026.
I, Aarav Sharma, Son of Sh. Gurdev Singh, of House 12, Sector 35-A, Chandigarh, PAN ABCDE1234F, make this declaration for the seller.
- 1. THE PURCHASE
I am buying Second floor of House 1234, Sector 20-C, Chandigarh from Harpreet Singh for a total price of ₹95,00,000 (Rupees Ninety Five Lakh only).
- 2. WHERE THE MONEY COMES FROM
From my own savings: ₹25,000 (Rupees Twenty Five Thousand only).
From a loan: ₹25,000 (Rupees Twenty Five Thousand only), from State Bank of India; sanctioned on 5 October 2026.
From the sale of another property or asset: ₹25,000 (Rupees Twenty Five Thousand only) (My flat in Panchkula, sale deed registered 2 October 2026).
As a gift or help from family: ₹25,000 (Rupees Twenty Five Thousand only), given by My father, Sh. Gurdev Sharma, from his savings.
From another source: ₹25,000 (Rupees Twenty Five Thousand only) (Maturity of a fixed deposit).
- 3. ACCOUNTS AND PAPERS
The payments will come from these bank accounts: State Bank of India, account ending 4321. Every payment will be made by bank transfer, cheque or demand draft, and none in cash.
I can show these papers to support the above: Income-tax returns for three years, bank statements, loan sanction letter, sale deed of the old flat.
- 4. DECLARATION
I declare that the money for this purchase comes only from the sources set out above; that it belongs to me or is lawfully given or lent to me; that none of it comes from an unlawful source; and that I will tell the person I have given this declaration to if any source changes before the sale is completed.
Declarant: Aarav Sharma