Format ‘A’

         Declaration about RERA Designated Bank Accounts for real estate projects

A. Name of the Promoter Organization: Swami Builders & Developers

B. Name of the Project: PYRAMID AMARA

  1. I/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 to 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, 1/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 opened RERA designated bank accounts in a scheduled bank
     for this real estate project / phase of real estate project the particulars whereof are as
      follows:

         Bank Name- STATE BANK OF INDIA

         Branch Name and address- State Bank of India, Surendra Nagar, Nagpur.440015

         IFSC Code of Bank- SBIN0008239

        Email id of Branch Manager- sbi.08239@sbi.co.in




                                           Table- 1
 Name of Designated Promoter
                          RERA Designated                                         RERA Designated
   Bank Account                                      RERA Designated
                           Collection Bank                                        Transaction Bank
       Type                                        Separate Bank Account
                               Account                                                Account
 Account Number          00000043539515577           00000043539511628              43091167861
4. 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. We have given the standing instructions to the bank for auto-sweep transfer facility to transfer the
     amount deposited in "RERA Designated Master bank Account" to the "RERA Designated collection
     bank accounts" of each promoter as per their share as mentioned in the contractual or legal
     arrangements of promoters.

     c. 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".

     d. "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.

     e. 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 28.12.2021 read with

     Circular No. 39A / 2022 dated 17.03.2022;

     The aforesaid RERA designated bank accounts shall be audited within six months after the 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-28-11-2024


                                                                                  Promoter
                                                                                  Nitin Upare (Partner)