Sagar S Rathi & Associates Near Maheshwari Bhavan, Chartered Accountants New Radhakishan Plot, FRNNo. 142386W Akola - 444001 (M.S.) Mob : 9923 452257 I 7 27 62 I 6652 CA Sagar S Rathi E-mail: sagar.suresh.rathi@gmail.com B.Com.-ACA FORM 5 (see Regulation 4) ANNUAT REPORT ON STATEMENT OF ACCOUNTS CHARTERED ACCOUNTANT CERTIFICATE Datei L3/02/2023 To Aarc Constructions, Mhada Colony, Ram Nagar, Akola 444001 SUBJECT: Report on Statement of Accounts on project fund deposit. utilization and withdrawal by Aarc Constructions for the period from 0L/O4/202! to 3l/03/2022 with respect to project "Royal The Green Park"- Maharera Regn. Number - P50100024585. 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 lnterest and Disclosures on Website) Rules, 201.7. 2. I have obtained all the necessary information and explanation from the Company, during the course of our audit, which in my opinion are necessary for the purpose of this ce rtificate. 3. I hereby confirm that I have examined the prescribed registers, books and documents, and the relevant records of Aarc Constructions for the period ended 37/03/2022 and hereby state that: A. Deposits: Sr. No. Pa rticu la rs For the F isca I Year Total for the project till date 1. Total Amount collected from 20272000.00 29821000.00 allottees 1 % of amount to be deposited !00o/o 100% as per Act /a\1,N \\t llx ,/ )F IJ,' G3/ 3. Amount to be deposited as 20272000.00 2982L000.00 per Act (1*2) 4. Total amount deposited in the 20272000.00 29821000.00 designated bank accou nt 5. % of amount deposited in l00o/o 1.00% designated bank accou nt [(4)/(1)+ 100] 6. Shortfa lllExcess deposit (3-4) 00.00 00.00 Has the required portion of money collected from allottees of the project units, as specified in the act, deposited in the designated RERA bank account? yES lf No, Please mention the amount not deposited. B. Withdrawals Sr. No. Pa rticu la rs For the Fisca I Year Total for the project till date t. Opening Balance of 1s000.00 15000.00 designated bank accou nt 2. Total De posits 20272000.00 29821000.00 3. Total amount withdrawn 20272000.00 29821000.00 4. Closing Balance 1s000.00 15000.00 As specified in the Act, all the amount withdrawn during the year from RERA Bank account were within the withdrawal limit as certified under relevant Form 1, Form 2 and Form 3 issued during the reporting period? we cannot comment on the said clause as the promoter has not taken any certificate (Form 1, Form 2 and Form 3) from the respective professional during the reporting period. lf No, Please provide the below details :- Sr. No. Date of Withdrawal Amount of Excess Withdrawal 1. NA NA C. Utilization We state that, the Aarc Constructions has utilized the amount withdrawn from designated bank account towards project cost only as specified in the act. lf No, Please provide the below details: Sr. No. Date Amount not utilized ior. tf," pro1"-i ,l1lf N' 1. NA NA ---W",/ 3l /-/, _/;: CO D. Any Qualification / Observation of CA 1. lThis Certificate has been issued on the basis of limited review of books of a cco u nts. Agreed and SACAR S. RATHI & Name:AnuragSAgrawal Date: 1310212023 PROPRITOR MEM. NO. l7ll65 UDN: 231 7l l65BGYFXD9l 84