Date : 02/02/2025 PADMAVATI DEVELDPERS Format 'A! Declaration about Separate Bank Account for Real Estate Projects A. Name of the Promoter Organization: Padmavati Developers B. Name of the Project: Padmavati Empire 1. VWe are aware that as per section 4(2) (1) (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 epositing seventy per cent of the amounts realized for the realestate project from the allottees, from time to time. 2. And we are aware that, as per MahaRERA Order No. 56 dated 27/06/2024, promoters shall follow the procedure for the operation and maintenance of bank accounts for the project. 3. Accordingly, / 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 I.E. Branch Nanded,Main Road Shivajinagar,Nanded IFSC Code of Bank SBINO020049 Email id of Branch Manager sbi.20049@sbi.co.in (For Single Promoter) Name of Designated Promoter - Padmavati Developers Bank Account Type RERA Designated RERA Designated RERA Designated Collection Bank Separate Bank Transaction Bank Account Account Account Account Number 43471437433 43471351486 43471405207 Account Name Padmavati Padmavati Padmavati Developers RERA Developers RERA Developers RERA Designated Designated Separate Designated Collection Bank Bank Account for Transaction Bank Account for Padmavati Empire Account for Padmavati Empire Padmavati Empire For Multiple promoters having Area share) "Meera Arcade' Floor No 2nd, Plot No1, Samarth Nagar, Canal Road, Nanded 431 605 contact no.: +919823129000, +9198239 29000 PADMAVATI DEVELOPERS Table- 1 Name of Designated Promoter Bank Account Type RERA Designated RERA Designated | RERA Designated Collection Bank Separate Bank Transaction Bank Account Account Account Account Number NA NA NA Note: The above table shallbe provlded for a designated promoter only. Table- 2 2) Name of other Promoter having Area share Bank Account Type RERA Designated RERA Designated RERADesignated Collection Bank Separate Bank Transaction Bank Account Account Account Account Number NA NA NA each Note- if there are multiple promoters with areshore, the above table shall be added for promoter. (For Multiplepromoters having Revenue share) Table- 1 Name of Designated Promoter Bank Account Type RERA RERA RERA RERA Designated Designated Designated Designated Transaction Master Collection Bank Separate Bank Bank Account Bank Account Account Account Account Number. NA NA NA NA Note: The abovetable shall be provided for a designated promoter only. Table- 2 2) Name of other Promoter having Revenue share Bank Account Type RERA Designated RERA Designated RERA Designated Collection Bank Separate Bank Transaction Bank Account Account Account Account Number NA NA NA Note- If there are multiple promoters with revenue share, the above table shall be added for each promoter. 4. We hereby confim that (For Single Promoter and for multiple promoters having area share) 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 "Meera Arcade" Floor No 2nd, Plot Not,Samarth Nagar, Canal Road, Nanded 431 605 contact no.: +91 9823129000, +91 98239 29000 PADMAVATI DEVELOPERS agreement for sale including parking, amenity and any other charges excluding all other taxes and statutory dutics. b. IWe have given the standing instructions to the bank for auto-sweep transfer facility od 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 TransactionBank 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) (1)(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.391202-1 dated 28.12.202l 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 :02/02/2025 PadmavatiDevelopers 3DMA Designation Partner D. "Meera Arcade" Floor No 2nd, Plot No1, Samarth Nagar, Canal Road, Nanded 431 605 contact no. : +9198231 29000, +91 98239 29000