RSPH& Associates Chartered Accountants Office No 502, Radiance Building, Next to Body line itness Gyn, Opposite VedMandir, TrimbakRoad,Nasik. I- 253 23167/3,2316714, 093/0116/o6 A FORM 5 See Section 4(2)(|)(D)] Annual Report on Statement of Accounts To, Prashant Developers, S No.308/1 and 316/2, Plot No.49, 50A, 50B Shrikrishna Apartment, Near National Highway, Shri Krushna Nagar, Near Abhay College, Dhule-424004 Subject: Report on Statement of Accounts on Shri Krishna Apartment fund utilization and withdrawal by Prashant Developersfor the period from 01.04.2019to 31.03.2020 with respect to project MahaRERA Registration Number P49800010300. 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 Prashant Developers for the period ended 31.03.2020 and hereby certify that: i M/s. Prashant Developers have completed 100% (Till 31.03.2020) of the project titled Shri Krishna Apartment MahaRERA Registration No. P49800010300 located at S No 308/1, 316/2 Plot No 49, 50/A50/B at Dhule (M Corp.), Dhule,424004. ii. Amount collected during the year 2019-20 In Specified designated A/c (70% A/c) Rs. Nil/, (In other than specified designated A/c) Rs.11,00,000/, Total Rs.11,10,000/-and amounts collected till date (Up to 31.03.2020) is Rs.1,28,83,000/- Page 1 of 3 FR1ON RSPH &Associates Chartered Arcountants Office No 502, Radiarnre Buildin, Next to Body line itness Gym, Opposite VediMandir, A rimbakRoad, Nasik. 1 253 7316//3,23167/4, 093/0116/6 From Specified 2019-20 for this project is il. Amount withdrawn during the year other than specified designated A/c) designated A/c (70% A/c) Rs.NIL/, (From of withdrawn till date (From start amount Rs.7,03,890/, Total Rs.7,03,890/-and the project up to 31.03.2020) is Rs.1,24,76,890/-. collected for Shi has utilized the amounts We certify that the Prashant Develo ers 4. the and the withdrawal from Krishna Apartrent-prejeet only for that projeet the has been in accordance with designated bank account(s) of the said project is in of the project.[This certification proportion to the percentage of completion accordance with Circular No.7/2017 dated 04th July, 2017 issued by Maharashtra end restriction on the amount Authority which says that there is no use RERA in accordance with the provisions which is withdrawn from the separate account of Act, Rules, Regulations and Circulars|. 5. Exceptions: if any for withdrawal from Separate Bank Copy of Declaration submitted to Bank, Account not provided for verification. For RSPH & Associates Chartered Accountants S OC CA Paresh Prakash Sabadra TEREDD Partner Membership No.: 119544 UDIN:22119544AAAAAX8811 UDIN Generation Date:27.01.2022 Place: Nasik Date:16.12.2021 Page 2 of 3 RSPH&Associates Chartered Accountants Office No502, Radiance ce Building, Next to Body line Fitness Gym, TrimbakRoad,Nasik. I-253-2316773,2316774, 09370116766 Opposite VedMandir, CA Notes to Audit Report: 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 of the such applicable pronouncements and with the ethical requirements of India. Code of Ethics issued by the Institute of Chartered Accountants Prashant Developers to I. It is the responsibility of the management of primary and other relevant supporting prepare, produce and maintain all accounting of this certificate. This records and documents required for the purpose maintenance of implementation and responsibility includes the design, control c o m m e n s u r a t e with the nature internal necessary and appropriate and size of entity. is given by the Estimated cost for the calculation of percentage of completion management. actual cost incurred as per is calculated as per total IV. Percentage of completion cost to complete the books of accounts divided by the total estimated project. obtained from the management, the project is entirely V. As per information Dhule 10.10.2017 to for completion certificate on completed and applied make the necessary The promoter is advised to Municipal Corporation. estimated cost in respect of total on RERA web portal inter-alia, updations order No.24/2021 dated and do the procedure for project revival as per 21.09.2021 issued by Maharera Authority.