R S P H & Associates
Office No 48, 5th Floor, Business Bay, Next to Kotak Bank,
Shri Hari Narayan Kute Marg, Mumbai Naka, Matoshree Nagar,
Nashik, Maharashtra 422002


                                            FORM 5
                                     [See Section 4(2)(I)(D)]
                             Annual Report on Statement of Accounts

       To,
       The Directors,
       Infinity Heights Private Limited,
       2, Surya Darshan Apartment,
       Pai Nagar, J S Road,
       Borivali-400092

       Subject: Report on Statement of Accounts on “Madhuban Residency” fund utilization and
                withdrawal by Infinity Heights Private Limited for the period from 01.04.2019 to
                18.06.2019 [Till the date of occupancy certificate] with respect to project MahaRERA
                Registration Number: P49700014888.


        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
       andDevelopment) (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 Infinity Heights Private Limited for the period ended 18.06.2019 and
       hereby certify that:

       i. M/s. Infinity Heights Private Limited have completed 100% of the project titled “Madhuban
       Residency” MahaRERA Registration No. P49700014888 located at Plot No 4 and other details as
       per annexure of plot, Nandurbar-425412.

       ii. Amount collected from 01.04.2019 to 18.06.2019 In Specified designated A/c Rs.42,21,000/-, in
       other than specified designated A/c Rs.3,11,000/-, Total Rs.45,32,000/- and amounts collected till
       date (Up to 18.06.2019) is Rs.4,66,12,244/-.
iii. Amount withdrawn from 01.04.2019 to 18.06.2019 for this project from Specified designated
A/c Rs.42,67,507/-, From other than specified designated A/c Rs.3,11,000/-, Total Rs.45,78,507/-
and amount withdrawn till date From start of the project up to 18.06.2019 is Rs.4,66,12,244/-.

4. We certify that, the Infinity Heights Private Limited has utilized the amounts collected for
“Madhuban Residency” project only for that project but the withdrawal from the designated
bank account(s) of the said project has not been in accordance with the proportion to the
percentage of completion of the project. [See Note No.3] The total amount withdrawn/utilized during
the year is in excess of withdrawal limit as per CA certificate produced before us, however the promoter has
obtained occupancy certificate from Nandurbar Municipal Council dated 18th June, 2019, the copy of the
same is attached herewith.



 Yours faithfully,
 For RSPH and Associates
 Chartered Accountants
 FRN: 003013N

  PARESH
              Digitally signed by PARESH PRAKASH
              SABADRA
              DN: c=IN, o=R S P H AND ASSOCIATES,
              2.5.4.20=886421cf3b1c94879be58aaeda


  PRAKASH
              67767821aa7328e341264e82a3e5003d4
              4680c, ou=MANAGEMENT,CID - 6788570,
              postalCode=422002, st=Maharashtra,
              serialNumber=b82281728b2b21d8f5f9f8



  SABADRA
              c6c279aff40f514ab743a9d30b210ae795c
              4b3ce55, cn=PARESH PRAKASH
              SABADRA
              Date: 2023.04.21 17:30:47 +05'30'




 CA Paresh P. Sabadra
 Partner
 M.No.119544
 UDIN:23119544BGUOEG4603
 Date:20.04.2023
 Place: Nashik


Notes to Annual 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 Infinity Heights Private Limited 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.    While certifying on utilization, we have relied on the books of accounts which shows that the
         expenditure incurred on the project are more than 70% of the amount withdrawn on
         cumulative basis. Also, we have considered that the promoter has obtained occupancy
         certificate from Nandurbar Municipal Council dated 18th June, 2019, the copy of the same is
         attached herewith.