sk+rwJv ?t et t{o. l fr, \tictuc To*cr, 3?ttt 4f-tnr, gt'flsru h -ofr*tinc *wtiry 5ocieE, fV ou*cr Fon[ of*tray*ti sn&f*jbqu h*l*lrQ, lr*f*r*shtr*. Email : mak261171@gmail.com I sahkarinfra20@mail.com, Cetl No:{007837007, 7066229498 Reff - Date - Format 'A' Declaration about RERA Designated Bank Accounts for real estate projects (On the letterhead of the promoter) Datet 26/02/2025 A. Name of the Promoter Organization: M/S Sahakar JV B. Name of the Project: PMAY(U) - Tisgaon 225 A 1. l/we are aware that as per section 4(2) (l) (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 rea lized for the real estate proiect from the allottees, from time to time. 2. And, l/We are aware that, as per MahaRERA Order No. dated //2024, promoters shall follow the procedure for the operation and maintenance of bank accounts for the project. 3. Accordingly, 1/ 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- lndian Bank Branch Name and address- Chetan Trade Center, Jalna Road, Akashwani, Aurangabad - 431001 IFSC Code of Bank- lDlB000A678 Email id of Branch Manager- 4678@indianbank,co.in (For Single Promoter) Table -1 Name of Designated Promoter - M/S Sahakar JV Bank Account Types M/S Sahakar JV RERA M/S Sahakar JV RERA M/S Sahakar JV RERA Designated Collection Designated Separate Designated Tra nsaction Bank Account For Bank Account For Bank Account For PMAY(U) - Tisgaon PMAY(U) - Tisgaon 225 PMAY(U) - Tisgaon 225 A 225 A A Account Number 7978814554 7978816764 7978815581 4,We hereby confirm that' (For Single promoter and for multiple promoters having area share) a'TheaforesaidRERAdesignatedbankaccountsareRERA.designatedbankaccounts.excIusive|yfor depositinga||theco||ectionsreceivedfromthea||otteesfromtimetotimeasmentionedintheand .ci*;u"iio. r.r. including parking, amenity and any ether charges excluding all other taxes statutorv duties. transfer facility of not less than b. t/we have given the standing instructions to the bank for auto-sweep in " RERA Designated collection Bank seventy (70%f percent of the amount collected from allottees (30%) percent of Account,,to the ,,RERA Designated Separate Bank Account'. and not more than thirty Bank Account" the collected amount to the "RERA Designated Transaction project is not an escrow account and free from all c. RERA Designated Separate Bank Account of the LIEN, loans, and third-party control i e lender/ bank financial institution' "nautUttnalt d'Theamountsinthe,'RERADesignatedSeparateBankAccount..sha||bewithdrawnandusedin 3 of the consonance and in compliance wiih section +(z)(1)(D) of the Act, Rule 5 of the Rules, Regulation and in compliance of Circular No 39/2021 Regulations, the Orders as well as the Circulars of MahaRERA dated 28.12.2021- read with circular No 39A/2022 dated l7 'o3 2022; e. The aforesaid RERA designated bank accounts shall be audited within six months after end of every accounts duly financial year and shall upload on MahaRERA promoter web page the statements of practice certified and signed by a chartered accountant in (For multiple Promoters having revenue share) a. The aforesaid RERA designated bank accounts are RERA-designated bank accounts, exclusively for time to time as mentioned in the depositing all the collections received from the allottees from charges excluding all other taxes and agreement for sale including parking, amenity and any other statutory duties. b.Wehavegiventhestandinginstructionstothebankforauto-sweeptransferfaciIitytotransferthe amountdepositedin.,RERADesignatedMasterbankAccount''tothe.'RERADesignatedcollectionbank of the contractual or legal arrangements accounts of each oro,no,"1 a, pai rheir share as mentioned in promoters. c.Wehavegiventhestanding|nstructionstothebankforauto-sweeptransferfaci|ityofnot|essthan seventy(70%)percentoftheamountco||ectedfromallotteesin.'RERADesignatedcoIlectionBank Account..tothe,'RERADesignatedSeparateBankAccount''andnotmorethanthirty(30%)percentof Bank Account"' the collected amount to the "RERA Designated Transaction d.,.RERADesignatedSeparateBankAccount'.oftheprojectisnotanescrowaccountandfreefroma|| encumbrancesLIEN,|oans,andthird-partycontroIi.e.Iender/bank/financiaIinstitution. e The amounts in the "RERA Designated Separate Bank Account" shall be withdrawn and used in 3 of the consonance and in compliance with Section 4(2)(1)(D) of the Act' Rule 5 of the Rules. Regulation Regulations, tfie Orders as well as the Circulars of MahaREm dnd in compliance of Circular No,39/2021 dated 28.12.2o11 rcad with Circular No . 39A / 2022 dared t7.o3.2o22; 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 certlfied and signed by a chartered accountant in practice. Date -26i]02/2025 M/S Sahakar JV Saleem Ahmed Khan (Partner)