RSPHSAssoaates
Chartered Accounlanls
Offrce No 5O2, Radance Buldnq, Next lo Body Ltne Ffine5s Gym, OV7ostte VedMandr,
TnmbakRoad,NaErk T-253-23 t 6773,23 I 6774, O937O I t 6766
                                                                                                     iCN
                                                I.'ORM 5
                                         ISee Section 4(2XI)(D)I

                                 Annual Report on Statement of Accounts



To,
Ashtavinayak Land Develpers
S No.3229.s
Agrawal Lottery,
Agra Road,
Opposite To hotel Sher-E-Punjab,
Dhule- 424001

SUBJECT: Report orr Statement of Accounts on ASHTAVINAYAK NAGAR fund utilization and
withdrawal by Ashtavinayak Land Developersfor the period from 0l-04-2018 to 10-08-2018 with
respect to pro.iect MahaRERA Regn. Nr:rnber P49800015667.

 l. This certificate is issued in accordance with the provisions of the Real Estate (Regulation and
Developnrent) Act, 2016 read along with the Maharashtra Real Estate (Regulation and Development)
(Registration of Real Estate Projects. Registration of Real Estate Agents, Rates of Interest and Disclosures
on Website; Rules. 2017.

2. We have obtairred all necessary informatiorr and explanation frorn the Promoter, during the course of
our audit, which in our opinion are necessary for the purpose of this certificate.

3. We hereby confirm that we have examined the prescribed registers, books and documents, and the
relevant records of Ashtavinayak Land Developers for the period ended 10.08.2018 and hereby certify
that:

i. Mis.Ashtavinayak Land Developers have completed 95.617o(Till 10.08.2018) of the project titled
ASHTAVINAYAK NAGAR MahaRERA Registration No.P49800015667 located at Plot No.: PLOT
NO I TO 89.904,908.91 TO 101 , S NO 152/l ,15212,15213,15214 at Dhule (M Corp.), Dhu1e,424001.

ii. Amount collected during the year 2018- l9 In Specified designated A/c (70"/, Alc) Rs.13,61,000/-, In
other than specified designated A/c Rs.Nil, Total Rs.13,61,000/- and amounts collected till date (Up to
10.08.2018) is Rs.13,61,000/-.

iii.Amountwithdrawnduringtlreyear20lS-lgforthisprojectislrromSpecifieddesignated Nc(70o/o
Aic) Rs.13,46,855i-(ltrom 01.04.2018 to 10.08.2018), From other than specified designated A/c
Rs.Nil/- (From 01.04.2018 to 10.08.2018), 't'otal Rs.13,46,855/- and amount withdrawn till date (From
start of the project up to 10.08.2018) is Rs.lJ,.{6,855/-.
R 5 P l-'l 4 Assoaales
Chartered AccounLanLs
Offrce No 5O2, Radrance Ouildtnq, Nexl to Body bne Fftness Gym, OppoaLe VedMandtr,
                                                                                                       C6\
                                                                                                       ...--........,,..,',.',,.,-,
TrrmbakRoad,Nasrk T-253-23 t 6773,23 I 6774, O937O.l I 6766



4. We certify that the Ashtavinayak Land Developers has utilized the amounts collected for
ASH'I'AVINAYAK NAGAIT pro-iect only tbr that pr oject and the withdrawal from the designated
bank account(s) o1'the said pro.iect has been in accordance with the proportion to the percentage of
completion of the project.




                                                  FoT RSPH AND ASSOCIATES
                                                  Chartered Accountants



                                                   ftlU"l^--
                                                  CA Paresh Prakash Sabadra
                                                  Partner
                                                  Mernbership No.: 1 I 9544
                                                  UDIN: I q I       t$rq z! n Rn A F6 .jcS-l
                                                  UDIN Cenerated Date: oT I 2-l 1-Atg
                                                                               I               ,
Place:Nasik                                       502, Radiance, Kotwal park, Near collector office,
                                                  Trirnbak Road, Nasik.
Date: 30tr' November 20 1 9                       Contact No.: +91 -9370116766
                                                  E-nrai I : pnsj 0 I 2(ilgna_i l.conr




        Notes to Audit Report:
          I. Estimated cost for the calcLrlation of percentage of completion is given by management.
          IL    Percentage ofconrpletion is calculated as per actual cost incurred as per books ofaccounts
                divided by the estimated cost to complete the project.
         IlL    Cornpletion Certificate for the said project is received on lOth August 2018, hence
                costirrg details lor the purpose of percentage of project cornpleted is considered up to the
                date of' contpletion certificate.