Saril Shah & Associates Chartered Accountants 129/130, Abhyankar Towers, M. G. Road, Nashik - 422 001 Phone: (0253) 2571402, Email: sarilshah @gmail. com FORM 5 ANNUAL REPORT STATEMENT OF ACCOUNTS Date: 22/07/2024 To, KSHITIJBUILDERS AND DEVELOPERS Gaddam Plot, Opposite Chandak Mangal Karyalaya, Akola - 444001 Subject: Report on Statement of Accounts on Project Fund Deposit, Utilisation and Withdrawal by KSHITIJ BUILDERS AND DEVELOPERS for the period from 01/04/2023 to 31/03/2024 with respect to MahaRERA Number P51600048765. 1. ThisCertificate is issued in accordance with the provisions of Real Estate (Regulationand 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 &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 & Documents, and the relevant records of KSHITIJ BUILDERS AND DEVELOPERS for the period ended 31/03/2024 and hereby certify that: A. DEPOSITS For this Fiscal Year Total for this Project (In Rupees) till date (In Rupees) 1 Total amount collected from allottees 3,24,74,500 3,24,74,500 2 %of amount to be deposited as per Act 70% 70% 3 Amount to be deposited as per Act (1*2) 2,27,32,150 2,27,32,150 Total amount deposited in the Designated Bank ACcount 3,24,74,500 3,24,74,500 5 %of Amount deposited in the Designated 100% 100% Bank Account [(4) / (1) * 100) 6 Shortfall /Excess Deposit (3-4) (97,42,350) (97,42,3S0) 142J Saril Shah & Associates CA Chartered Accountants 129/130, Abhyankar Towers, M. G. Road, Nashik - 422 001 Phone: (0253) 2571402, Ermail: sarilshah@gmail. com Amount collected/depositedat Sr. No. 1&2, shallnot include pass through charges &indirect taxes. Has the required proportion of the money collected from allottees of the project units, as specified in the Act, deposited in the Designated RERA Bank Account?- Yes If No, then please mention the amount not deposited B. WITHDRAWALS For this Fiscal Year Total for this Project (In Rupees) tilldate (In Rupees) 1 Opening balance of DesignatedBank Account 2,205 2 Total Deposits 3,24,74,500 3,24,74,500 Total Amount Withdrawn 3,21,82,130 3,21,78,925 Closing Balance 2,94,575 2,95,575 As specified in the Act, allthe amounts withdrawn during the year from RERA Bank Account were within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 If no please provide the belowdetails - S. No. Date of withdrawal Amount of Excess Withdrawals C. UTILISATION We certify that, KSHITJ BUILDERS AND DEVELOPERS has utilised the amounts withdrawn fromtheDesignated Bank Account towards Project Cost only, as specified in the Act. If no please provide the below details S. No. Date Amount not utilised for Project Cost D ANY QUALIFICATIONS / OBSERVATIONS OF CA 1 The promoter is maintaining only one account for rera operations and is not splitting amounts received from customers in ratio of 70:30. SMAH AsS FR No 142018W ACCOUN Saril Shah & Associates A Chartered Accountants 129/130, Abhyankar Towers, M. G. Road, Nashik - 422 001 Phone: (0253) 2571402, Email: sarilshah@gmail. com Yours Faithfully, For SARIL SHAH & ASSOCIATES Chartered Accountants FRN: 142018W SHAB ASSOC ER No. 142018VW KRTERED ACCOU SARIL SHAILESH SHAH Proprietor Membership No.: 169759 UDIN: 24169759BKBKAJ3246 Agreed and Accepted by: Signature of Promoter Name: KSHITIJ BUILDERS AND DEVELOPERS Proprietor: MR. DINESH KRUSHNARAO DHAGE Date: 22/07/2024