SHAKTI" SIYARA REAITY PRIVATE LIMITED r$ GROUP POWER OF CREAIION CIN : U4l 001 MH2O23PTC4O466I Format'A' Declaration about RERA Designated Bank Accounts for real estate proiects A. Name of the Promoter Organization: SIYARA REALTY PRIVATE tlMlTED B. Name of the Project: "SIYARA AVENUE" (A-Plot, Building Type "A", "B", "C" as defined in the sanction plan approved by BNCMC) 1. l/We 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 depositing seventy per cent of the amounts realized for the real estate project from the allottees, from time to time. 2. And l/we are aware that, as per MahaRERA Order No. 55 daled 27106 l2OZ4, promoters shall follow the procedure for the operation and maintenance of bank accounts for the proiect. 3. Accordingly, l/ we have opened RERA designated bank accounts in a scheduled bank for this real estate proiect/ phase of real estate proiect the particulars whereof are as follows: BanK NamE- STATE BANK OF INDIA Branch Name and address- wagle lndustrial Estate, Road No,22, Dist. Thane, Maharashtra- 400504 IFSC Code of Bank- S81N0001053 Email id of Branch Manager- sbi.01053@sbi.co.in (For Multiple promoters having Revenue share) Table-1 Name OF Designated Promoter- Siyara Realty Private Limited Bank Account Type RERA Designated RERA Designated RERA 0esignated Collection Bank Account Separate Bank Account Transaction Bank Account Account Number 43413357t25 4 3413 30 2856 434L3328682 Account Name Siyara Realty Pvt Ltd RERA Siyara Realty Pvt Ltd Siyara Realty Pvt ltd RERA Designated Collection RERA Designated Designated Transaction Account For Siyara Avenue Separate Account For Account For Siyara Siyara Avenue Avenue Contoct : 022-40166750 Regislered / Corporote Oflice : Emoil : siyororeoltypvtltd@gmoil.com B/913-914, Lodho Business District.Gote No.2, Website : www.shokllgrouPl2l .com Akbor Comp Rood , Thone (W), Mohoroshtro - 400607' SHAKTI" SIYARA REATTY PRIVATE TIMITED r$ GROUP POWER Of CREATION CIN : U4l00l MH2023P1C404661 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 of not less than seventy (70%) percent of the amount collected from allottees in "RERA DesiEnated Collection Bank Account" to the "RERA Designated Separate Bank Account" and not more than thirty (30%) percent of the collected amount to the "RERA DesiSnated Transaction Bank Account". c. "RERA D ate d Seoarate Bank nt" of the oroiect is ot an escrow account and free from all e ncu m bra nces LIE N . loans, and third -pa rtv contro I i.e. lender/bank/ financial institution. d. The amounts in the "REIIA Designated separate Bank Account" shall be withdrawn and used in consonance and in compliance with Section 4(2XlXD) of the Act, Rule 5 of the Rules, Regulation 3 of the Regulations, the Orders as well as the Circulars of MahaRERA and in com pliance of Circular No.39/2021 dated 28.L2.2021. read with Circular No. 394/2022 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. For SIYARA REALTY PRIVATE LIMITED ':: t Digitally signed by JANAK PUNJALAL JANAK PATEL DN: c=IN, o=PERSONAL, title=6359, pseudonym=275beb72ab584f9e8404 0cb15b7dc54e, PUNJALA 2.5.4.20=b2208fcaa2bd2cc38f6a44aea 2713df586341f02068e4b7bfe0e80153 fb42236, postalCode=400607, st=Maharashtra, L PATELDirsctor/Authorised' serialNumber=b3e93df8fe79bd4438a 4518cbb36a8a77a1bc4b03a7c7e0b73 b13f1ff0edbb28, cn=JANAK PUNJALAL PATEL Date: 2024.11.27 17:32:42 +05'30' Sigt DIRECTOR Oalet 27-LL-2O24 Place: Thane Contocl :022-40166750 Regislered / Corporole Office : Emoil : siyororeoltypvtltd@gmoil.com B/91 3-91 4, Lodho Business District,Gote No.2, Website : www.shokligroupl 2l.com Akbor Comp Rood , Thone (W), Mohoroshtro - 400607.