P.N. SABADRA & Associates Chartered Accountants Office No 48, 5th Floor, JITO Business Bay, Shri Hari Narayan Kute Marg, Mumbai Naka, Matoshree Nagar, Nashik, Maharashtra-422002 T-253-2316773,2316774, 09370116766 FORM 5 [See Section 4(2) (I) (D)] Annual Report on Statement of Accounts To, The Partners, Shah Enterprises 1449, Ganpati Mandir Road Ritu Beauty Parlour Nandurbar Nashik-425412. SUBJECT: Report on Statement of Accounts on Bhanudhan Plaza fund utilization and withdrawal by Shah Enterprises for the period from 01.04.2018 to 31.03.2019 with respect to project MahaRERA Registration Number P49700011929. 1. This certificate is issued in accordance with the provisions of the Real Estate (Regulation and Development) 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 obtained all necessary information and explanation from 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 Shah Enterprises for the period ended 31.03.2018 and hereby certify that: i. M/s. Shah Enterprises have completed 83.47% (Till 31.03.2019) of the project titled Bhanudhan Plaza MahaRERA Registration No. P49700011929 located at S No 174/1/1/ Plot No 28 to 30 and 36 to 40 Nandurbar -425412. ii. Amount collected from 01.04.2018 to 31.03.2019 In Specified designated A/c (70% A/c) 54,30,000.00, in other than specified designated A/c is Nil, Total Rs.54,30,000.00, and amounts collected till date (Up to 31.03.2019) is Rs.54,30,000.00/-. iii. Amount withdrawn from 01.04.2018 to 31.03.2019 for this project From Specified designated A/c (70% A/c)] Rs. 54,30,000.00, From other than specified designated A/c is Nil, Total Rs.54,30,000.00 and amount withdrawn till date From start of the project up to 31.03.2019 is Rs.54,30,000.00/-. 4. We certify that, the M/s. Shah Enterprises has utilized the amounts collected for Bhanudhan Plaza project only for that project and the withdrawal from the designated bank account(s) of the said project has been in accordance with the proportion to the percentage of completion of the project. (As per self-certification obtained from the management, the amounts withdrawn from the designated bank account are utilized towards project cost only. While certifying on utilization, we have relied on the expenditure as per books of accounts produced before us which shows that the expenditures incurred on the project are more than total amount collected from customers till the end of financial year on cumulative basis). Yours faithfully, For M/s. P N SABADRA & ASSOCIATES Chartered Accountant FRN No.:16100W Digitally signed Prakash by Prakash Navalma Navalmal Sabadra l Sabadra Date: 2024.06.29 19:05:52 +05'30' CA P. N. Sabadra Membership No.:016101 UDIN:24016101BKGQDF5417 Date: 29.06.2024 Place: Nashik  Notes to Audit Report: 1. We have conducted our engagement and examination in accordance with standards on Auditing, Guidance Note on Reports and Certificates for special purposes and other applicable authoritative pronouncements issued by the Institute of Chartered Accountants of India. We confirm our compliance to all such applicable pronouncements and with the ethical requirements of the Code of Ethics issued by the Institute of Chartered Accountants of India. 2. It is the primary responsibility of the management of M/s. Shah Enterprises to prepare, produce and maintain all accounting and other relevant supporting records and documents required for the purpose of this certificate. This responsibility includes the design, implementation and maintenance of necessary and appropriate internal control commensurate with the nature and size of entity. 3. Percentage completion is calculated as per the expenditure incurred as per books of account as on 31.03.2019 divided by the estimated cost provided by promoter. 4. The promoter has obtained occupancy certificate from Nandurbar Nagarparishad dated 06.07.2020, copy of the same is attached herewith. APPENDIX-I FORM FOR PARTLY OCCUPANCY CERTIFICATE To 1.Owrier:- Shah Enterprises Partner Mr. Sudhir Dhansukhlal Shah Z.Licensed Engineer-Mr. Heman~ Maheshwari Sir; The Partly development work / erection re erection / of alternation in of building S.No.174/1/1 P.No. 28,29,30,36 to 40 mauje -Nandurbar situated at road / street -Korit Road,-Society- Ravi-Mohan Park. Partly Completed on Date-11/11/2018 under The supervision of Mr. Hemant Maheshwari- Engineer License No. 36 May be occupied on The followi11g Conditions. Sr Permission is granted for total built up The occupation certified is issued only for No Area Partly Constructed Area Area Sqmt Area Sqmt 1 Ground Floor 1571.29 Ground Floor 658.52 2 First Floor 1346.43 First Floor 579.33 Second Floor 729.87 Second. Floor 579.33 3 4 Third Floor 583.74 Third Floor 579.33 -- -- -- -- -- - Total- 4231.24 Total- 2396.51 Out of which if built up area is found more than the granted built up area this partly occupancy certificate will be cancelled and action will be taken as per provision of section 52 To 55 of M.R.T.P act 1966. _./ 1.Minimum 15 Tree to be planted compulsory. 2.Rain water harvesting work done is Compulsa ' ~\f\~ICtp ()~~ '\;o '2.J\\\\h {,~~,. -.__ 4( . i NANDURBAR) ~' 01ST. Chie C>ffifer I Nandurbar Municipal council ,,,. ' .J {)/ ,t~DUR6~~ u;(_ . ... Office No:- 3:i_,O Office Stamp:- Date:- ) o - 11-.i..o \'8 Office of the Nandurbar Municipal council Occupancy Certificate No:- .,I APPENDIX-I FORM FOR PARTLY OCCUPANCY CERTIFICATE To, 1· Owner:- Shah Enterprises Partner Mr. Sudhir Dhansukhlal Shah 2• licensed-Engineer-Mr. Hemant Maheshvari . The partly development work in _of building S.No. 174/1/1 P.No. 28+29+30+36+37+38+39+40 mauJe Nandurbar situated at road/street- Korit Road, Society- Ravi-Mohan Park Completed on Date- 28/12/2019 under The supervision of Mr. Hemant Maheshvari Architect - License No. 36 May be occupied on The following Conditions. Sr Permission is granted for built up area on The occupation certified is issued only for No partly constructed area Area Sqmt Area Sqmt -·- 1 Ground Floor 1571.29 Ground Floor 709.19 2 First Floor 1346.43 First Floor 709.19 ---- -- 3 Second Floor 729.87 Second Floor 146.31 ·- - 4 Third Floor 583.74 Third Floqr -- ·- Total- 4231.24 Totai- 1564.69 Out of which if built up area is found more than the granted built up area this certificate will be cancelled and action will be taken as per provision of section 52 To 55 of M.R.T.P Act 1966. 1. Minimum 5 Tree to be planted compulsory. 2. Rain water harvesting work done is Compulsary. ,:,r...r,. ""•',i:. ~ .i • c~ Nandurbar Municipal colmcil \• ..,...__/., \,_ -?',t,.,f1. ..._ / Office No:- fJ a ,;2.- 0ffice Stamp:- Date:- "6- o 7- '.'.2- 0 2:.~ Office of the Nandurbar Municipal council Occupancy Certificate No:-