KND&ASSOCIATES
CA                                                                     Chartered Accountants


                                             Annexure F
                                               FORM 5
                                        (See Regulation 4)
                   ANNUAL REPORT ON STATEMENT OF ACCOUNTS
                         CHARTERED ACCOUNTANTs CERTIFICATE
                                                                             Date     28/02/20222

 To.
Tirupati Developers,
 3rd Floor, NKY Towers,
 Ajni Sq. Wardha Road,
 Nagpur-440015.
 SUBJECT: Report on statement of accounts on
 and withdrawal by Tirupati
                                             project fund deposit, utilization
                            Developers for the
                                            period     from
                                                       01/04/2018 to
 31/03/2019 with respect to MahaRERARegn Number P50500018573, Project
 Name Silver City-1.

       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
         and Disclosures on website) Rules, 2017.          Agents, Rates of interest

       2. I have obtained all
                              necessary               information and
                                                       explanation                          from the
         Promoter, during the course of our audit. Which in my opinion are
         necessary for the purpose of this certificate.

       3. I hereby confirm that I have examined
                                                the prescribed registers, books
         and documents, and the relevant record of
                                                    Tirupati
         period ended 31/03/2019 and hereby certify that:    Developers for the
 A. Deposits:


                                                       For    this    Fiscal Total         for    this
                                                      year                      project till date
 1.    Total amount collected from
       allottees
                                                             43598671.00               83977526.00
 2.     %of amount to be deposited as
                                                per                     70%                       70%
       act
 3.     Amount to be deposited as per act
       (1*2)
                                                             30519069.70              58784268.20
 4.     Total amount deposited in the
       Designated Bank Account                               43598671.00               83977526.00




 501, 502, 503, Satyam
                         Apartment,
                          Mob.
                                    Wardha Road, Dhantoli,
                                                           Nagpur 440 012. Ph. : (0712) 2444190, 2444191.
                                                                 -




                                7709012025 E-mail kamathnduragkar@kndca.com
                                                                                            100%
                                                                    100%
                 deposited in
 5. % of Amount
                     Account |(4)]
     Designated Bank                                                            (25193257.80)

                            deposit (3-4)
                                                        (13079601.30)
 6. Shortfall /(Excess)
                                                                                        through
                                                               not include pass
                                                   1& 2, shall
              collected/deposited
                                  at Sr. No.
 Amount
                 indirect taxes.
 charges and                                                                         Yes
                                                        collected    from
                                      of    money
        the   required proportion                         the act,
 Has
                                      as     specified in
              of the project units,
                                            Bank Account? (Yes/
 allottees
                                   RERA
                      Designated
 deposited in the
 No)
                                                                                      Nil
                                       not deposited
                 mention the amount
 If No, please

 B. Withdrawals
                                                            fiscal    Total    for     this
                                            For     this
                                                                      project till date
                                            year
                                                                               412696.68
                  Balance of
                                                    412696.68
 1.     Opening
        Designated Bank Account
                                                   43598671.00              83977526.00
2. Total Deposits                                   8719734.20              16795505.20
 3.     Total amount withdrawn                                                1711939.04
                                                    1711939.04
 4.     Closing Balance


                                  amounts               withdrawm               Yes
 As specified in the Act, All the
                            Bank  Account were within
 during the year from RERA               the relevant
                                        under
the withdrawal limit as certified
                                       the reporting
form1, form 2 and form 3 issued during
period? (Yes/NO)

If No, please provide the below details:

S.No Date of withdrawal                            Amount of Excess
                                                   Withdrawals
                                              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.

IfNo, please provide the below details:

S.No.                    Date                      Amount not utilized for

1.
                                                   projects Cost
                                                  NIL
 D. Any Qualification/ Observation of CA

 1    The assessee have multiple projects but maintain only one designated
      bank  account, in which collect all receipts from customers.
      In above working opening balance and closing balance of designated
 2
      bank account taken as per Bank Book


                                                     FOR KND & ASSOCIATES
                                                      Chartered Accountants
Agree and Accepted by    Nagpur
                                                           F.R.N 112180W
                                p    ASSOCl4
                                    NAGPUR
                              ariered   Accour
                                             tt
                                               ES
                                               an




                         Date 28/02/2022                   (KAILAS KEJGIR)
 Prashant Bongirwar
       Partner
                                                               Partner
                                                           MEM NO.100187
 Tirupati Developers                                UDIN   22100187ADVHFY4095