KND&ASSOCIATES CA) Annexure F Chartered Accountants FORM 5 (See Regulation 4) ANNUAL REPORT ON STATEMENT OF ACCOUNTS CHARTERED ACCOUNTANTS CERTIFICATE Date 28/02/2022 To, Tirupati Developers, 3rd Floor, NKY Towers, Ajni Sq. Wardha Road, Nagpur-440015 SUBJECT: Report on statement of accounts on project fund deposit, utilization and withdrawal by Tirupati Developers for the period from 01/04/2017 to 31/03/2018 with respect to MahaREREARegn Number P50500018573, Project Name Silver City-1. of the Real 1. This Certificate is issued in accordance with the provisions 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. from the 2. 1 have obtained all necessary information and explanation Which in my opinion are Promoter, during the course of our audit. necessary for the purpose of this certificate. books 3. I hereby confirm that I have examined the prescribed registers, for the and documents, and the relevant record of Tirupati Developers period ended 31/03/2018 and hereby certify that: A. Deposits: For this Fiscal Total for this year project till date 1. Total amount collected from 33473655.00 40378855.00 allottees 70% 70% 2. 9%of amount to be deposited as per act 28265198.50 3. Amount to be deposited as per act 23431558.50 (1*2) 33473655.00 40378855.00 4. Total amount deposited in the Designated Bank Account 501, 502, 503, Satyam Apartment, Wardha Road, Dhantoli, Nagpur - 440 012. Ph.: (0712) 2444190, 2444191. Mob. 7709012025 E-mail: kamathnduragkar@kndca.com 5. % of Amount deposited in 100% 100% Designated Bank Account [(4 (12113656.50) 6. Shortfall /(Excess) deposit (3-4) (10042096.50) throug not include pass Amount collected/deposited at Sr. No. 1& 2, shall charges and indirect taxes. Has the required proportion of money collected from Yes allottees of the project units, as specified in the act, deposited in the Designated RERA Bank Account? (Yes / No) If No, please mention the amount not deposited Nil B. Withdrawals For this fiscal Total for this year project till date 1. Opening Balance of 316620.39 316620.39 Designated Bank Account 2. Total Deposits 33473655.00 40378855.00 3 . Total amount withdrawn 8075771.00 8075771.00 4. Closing Balance 412696.68 412696.68 As specified in the Act, All the amounts withdrawn Yes during the year from RERA Bank Account were within the withdrawal limit as certified under the relevant form1, form 2 and form 3 issued during the reporting period? (Yes/NO) If No, Please provide the below details: - S.No Date of withdrawal Amount of Excess Withdrawals 1 NIL C. Utilisation I certify that, the Tirupati Developers has utilized the amounts withdrawn from designated bank account towards projects cost only, as specified in the act. If No, please provide the below details: - S.No. Date Amount not utilized for projects Cost 1. NIL D. Any 1 Qualification/ Observation of CA L SSessee have multiple projects but maintain Dank account, in which collect all receipts only one designated aDove working opening balance and from customers. bank account taken closing balance of designated as per Bank Boobk Agree and Accepted FOR KND & ASSOCIATEs by Nagpur Chartered Accountants F.R.N 112180W D8 ASSOCI4T NAGPUR artered Accou untah ATES) (Prashant Hongirwar) Date 28/02/2022 Partner (KAILAS KEJGIR) Tirupati Developers Partner MEM No.1001877 UDIN 22100187ADVGYQ3558