DECLARATION ABOUT RERA DESIGNATED BANK ACCOUNTS FOR REAL ESTATE
                            PROJECTS


A.     Name of the Promoter – Raka Constructions

B.     Name of project – “CASA DE ROYALE”, Plot No. 88 + 89, S. No. 196/2B/1 to 7, Mahesh Nagar,
       Taluka: Bhusawal, District: Jalgaon, PIN: 425201.

       1.   l/ We are aware that as per section 4 (2) (I) (D) of Real Estate (Registration and
            Development) Act, 2016, promoters are required to open a "separate bank account" in a
            scheduled bank for the purpose of depositing seventy per cent of the amounts realized for
            the real estate project from the allottees, from time to time.

       2.   And, I/We are aware that, as per MahaRERA Order No. 56/2024 dated 27/06/2024,
            promoters shall follow the procedure for the operation and maintenance of bank
            accounts for the project.

       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 –

                    Bank Name: Jalgaon Janata Sahakari Bank Ltd.
                    Branch Name: Bhusawal
                    Address: Kinhikar Villa, Vitthal Mandir Ward, Bhusawal, Jalgaon - 425201.
                    IFSC Code: JJSB0000010
                    Email ID of Branch Manager: bhusawal.jjsb@jjsbl.co.in

                                                 Table - 1
     Name of Designated Promoter – Raka Constructions
         Bank Account              RERA Designated           RERA Designated Separate       RERA Designated
             Type               Collection Bank Account           Bank Account          Transaction Bank Account

                               RAKA CONSTRUCTIONS             RAKA CONSTRUCTIONS        RAKA CONSTRUCTIONS
                                 RERA DESIGNATED                RERA DESIGNATED           RERA DESIGNATED
      Bank Account Name
                             COLLECTION A/C FOR CASA SEPARATE A/C FOR CASA              TRANSACTION A/C FOR
                                     DE ROYALE                     DE ROYALE               CASA DE ROYALE

       Account Number               09021001294                   09021001295               09021001296
         We hereby confirm that –
          a) The aforesaid RERA designated bank accounts are RERA-designated bank
             accounts, exclusively for depositing all the collections received from the allottees
             from time to time as mentioned in the agreement for sale including parking,
             amenity and any other charges excluding all other taxes and statutory duties.
          b) I/We have given the standing instructions to the bank for auto-sweep transfer
             facility of not less than seventy (70%) percent of the amount collected from
             allottees in "RERA Designated Collection Bank Account" to the "RERA
             Designated Separate Bank Account" and not more than thirty (30%) percent of
             the collected amount to the "RERA Designated Transaction Bank Account".
          c) "RERA Designated Separate Bank Account" of the project is not an escrow
             account and free from all encumbrances, lien, loans, and third-party control i.e.
             lender/ bank/ financial institution.
          d) The amounts in the "RERA Designated Separate Bank Account" shall be
             withdrawn and used in consonance and in compliance with Section 4(2)(I)(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
             28.122021 read with Circular No. 39A / 2022 dated 17.03.2022;
          e) The aforesaid RERA designated bank accounts shall be audited within six months
             after end of every financial year and shall upload on MahaRERA promoter web
             page the statements of accounts duly certified and signed by a chartered
             accountant in practice.

Date: 27-12-2024

                                                                          For Raka Constructions




                                                                          Mr. Rahul Rajesh Raka
                                                                                     Proprietor