New Project Site does not reflect as per the Template

We are running on-premises Project Server 2019, SharePoint 2019 environment.

The Project Site created from a template saved does not reflect the template.

Following are the steps that we are doing:

1. Create new list
2. Add columns to the list
3. Allow content type to Yes
4. Make Title column hidden
5. Allow content type to No
6. Remove the Title column from the AllItems view
7. Save site as template
8. Associate the site template to the EPT
9. Create a project with the EPT
10. When we go to the list the Title is appearing as a mandatory field

When we see the template, the Title column is not seen in the New Item but it appears in the Project Site, New Item.

This is very annoying and we cannot remove the unwanted Title column anyway.

Your support is appreciated.