RAHULK DAYAMA & ASSOCIATES (CHARTERED ACCOUNTANTS) Annexure F FORM 5 (See Regulation 4) ANNUAL REPORT ON STATEMENT OF ACCOUNTS CHARTERED ACCOUNTANT'S CERTIFICATE Date: 15.09.2023 To, M/s. Marngalam Infra (Partnership Firm) Project : Mangalam Park, Pachora S No, 107/2/B Pachora, Tal: Pachora, Dist: Jalgaon utilization and withdraw at by SUBJECT:Report on Statement of Accounts on project fund deposit. 01.04.2020 to 31.03.2021 (ie. FY. 2020-21 with respect to M/s. Mangalam Park [The Promoter] for the period from MahaRERA Regn Number. P49900025679 of the Real Estate (Regulation and Development) 1 This certificate is issued in accordance with the provisions and development) (Registration of Real Estate Act, 2016 read along with the Maharashtra Real Estate (Regulation and Disclosures on Website) Rule, 2017. Projects, Registration of Real Estate Agents, Rates of Interest from the Promoter, (subject to the Qualfification/ 2. We have obtained all the necessary information and explanation opinion are necessary for the purpose of this certificate. Observation mentioned ) during the course of our audit, which in our registers, books and documents, and the relevant 3. We hereby confirm that We have examined the prescribed 31.03.2021 and hereby certify that: records of M/s. Mangalam Park, Pachora for the period ended A. Deposits: For this Fiscal year (FY. 2020-21) Total for this project till 31.03.2021 1. Total arnount collected from 12474223 12474223 allottees 2. % of arnount to be deposited as 70% 70% per act 3 Armount to be deposited as 8731956 8731956 per act (1* 2) 4 Total arnount deposited in the Designated Bank Account 10581784 10581784 % of Arnount deposited in 84.83 84.83 Designated Bank Account ((4)/(1)* 100] 6 Shortfall/Excess deposit (3-4) -1849828 -1849828 Dayama OFF: Plot No 48 Office No 102 ,Sector 19C Vashi, NaviMumbai 400 705 Ranul &Asso Mo. No.7977309594 Email: rahulkdayama@gmail.com FRN. 144701w CO 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 allotees 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. Note :I Promotor has deposited 70 %in designated account in addition to this they also deposited their own fund/ capital/unsecured laon obtained from relatives etc. with this account, further fund from this account is used solley for the project underatken by the firm. B. Withdrawals For this Fiscal year (FY. 2020-21) Total for this project till 31.03.2021 1. Opening balance of Designated Bank Account 10581784 10581784 2. Total Deposits 10017186 10017186 3. Total Amount withdrawn 4 Closing Balance 564598 564598 were within As specified in the Act, All the amounts withdrawn during the year from RERABank Account the withdrawal limit as certifiecl under the relevant Form 1, Form 2 and Form 3 issued during the reporting period? ( Yes / No) Yes Note :ll also deposited their own fund/ Promotor has deposited 7O % in desighated account in addition to this they fund from this account is used solley capital/unsecured laon obtained from relatives etc. with this account, further for the project underatken by the firm. 87,31,956/- (ie. Minimum 70% required to transfer Hence it is relflected that out of the booking amount just Rs. said Rs. 1,05,81,784/- (ie. This Excess input amount received in designated bank account, but amount received in the cosnists of own fund or borrowe fund etc. ) If No, Please provide the below details: Amount of Excess Withdrawals Date of Withdrawal |S.No. 1 C. Utilisation has utilized the amounts withdrawn from designated bank account We certify that, the M/s. Mangalam Park in the act. towards project cost only as specified Note : II designated accounts for the adminstration activitywhich is not allowed as per the law Rs. 3,95,500 /- is withdrawl from this fund etc, which is over and above to such deposited in dsignated account from own already but it is seen that exceess amount is adminstration exps. below details: If No, Please provide the Cost Amount not utilised for Project Date S.No. 1. 0ayam& a Ass ahul k FRN. |144701W) Accountas Chartered p. Any Qualifications/Observations of CA We have prepared this certificates based on the data and relevant information provided by the assesee, we are unable verify whole the books of accounts, vouchers etc. (due to inherent limits of audits) hence we cant assured that whole the fund is utilised from the designated bank account is used solley for the purpose ofconstruction activities only. Further we are unable to record anyopinion except aforesald financial data (whether all the provisons of Maharera Act were followed or not, because ceratian detailed access of information (s not available during the audit) MOL Yours Faithfully ' N A Pewe Prop: CA Rahul Kishor bayat Rahul KDayama &Associtég Chartered Accountant M No. 178110 UDIN:23178110BGYZFP9296 Agreed/ánd Accepted by: Date: 15.09.2023 Signature of Promoter: Ritesh Sureshchand Lalwani Authorised Partner M/s. Mangalam Park Date: 15.09.2023