R S P H & Associates Chartered Accountants Office No.48, 5th Floor JITO Business Bay, Near Kotak Mahindra Bank, Opp. Hotel Sandip Mahamarg, Mumbai Naka, Nashik 422002 -------------------------------------------------------------------------------------------------------- FORM 5 [See Regulation 4] Annual Report on Statement of Accounts CHARTERED ACCOUNTANT’S CERTIFICATE Date: 27.04.2022 To, M/s. Vrundavan Buildcon, Shri Krishna Marbal Compound, Parola Road, Opp. Cotton Market, Near APMC, Dhule - 424004. Subject: Report on Statement of Accounts on Project fund deposit, utilization and withdrawal by Vrundavan Buildcon Project Name: Vrundavan Plaza for the period from 01-04-2020 to 31-03-2021 with respect to MahaRERA Regn Number: P49800011285 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 Vrundavan Buildcon Project Name: Vrundavan Plaza for the period ended 31.03.2021 and hereby certify that: A. Deposits: Sr. Particulars For this Fiscal Year Total for this No 2020-2021 project till 31.03.2021 1 Total amount collected from allottees 5,00,000.00 92,81,930.00 %of amount to be deposited as per 2 70% 70% act Amount to be deposited as per 3 3,50,000.00 64,97,351.00 act(1*2) Total amount deposited in the 4 5,00,000.00 92,81,930.00 Designated Bank Account %of Amount deposited in 5 Designated Bank Account 100% 100% [(4)/(1)*100] 6 Shortfall / Excess deposit (3-4) (1,50,000.00) (27,84,579.00) Amount collected/ deposited at Sr. No 1 & 2, shall not include pass through charges and indirect taxes. Has the required proportion of money collected from allottees of the project units, as specified in the act, deposited in the Designated RERA Bank Account? (Yes / no): Yes. If No, please mention the amount not deposited. B. Withdrawals: Sr. Particulars For this Fiscal year Total for this project till No. 2020-21 31.03.2021 From 01.04.18 to 31.03.21 Opening Balance of Designated Bank 1 13,614.00 18,154.00 Account 2 Total Deposits 5,00,000.00 15,00,460.00 3 Total amount withdrawn 5,00,312.70 15,05,312.70 4 Closing Balance 13,301.30 13,301.30 As specified in the Act, All the amounts withdrawn during the year from RERA Bank Account were within the withdrawal limit as certified under the relevant Form 1, Form 2 and Form 3 issued during the reporting period? (Yes / No): Yes. If No, please provide the below details: - Sr. No. Date of withdrawal Amount of Excess Withdrawals 1 Not Applicable Not Applicable C. Utilization: We certify that, the Vrundavan Buildcon Project Name: Vrundavan Plaza has utilized the amounts withdrawn from designated bank account towards project cost only, as specified in the act. If No, Please provide the below details:- Sr. No. Date Amount not utilized for project cost 1 Not Applicable Not Applicable D. Any Qualification / Observations of CA 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 Vrundavan Buildcon 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. Yours faithfully, For R S P H & Associates Chartered Accountants CA Paresh P. Sabadra Partner Membership No.: 119544 UDIN: 22119544AHXJWE4423 Date:27.04.2022 Agreed and accepted by: Signature of Promoter Name: Mr. Danesh P. Patel Designation: Partner Date: 27.04.2022