YPAgrowal&Co.                                                                         CA Yash P. Agrawal
C harte r e d A c c ountct nt s                                                                      B.Com. A.C.A.
Mobile No.: 7875682682                                                       E-mai I : co), as hp d g ruw o @4 ma i l. com




                                                    FORM 5
                                  ANNUAL REPORT ON STATEMENT OF ACCOUNTS


      To,
      Shagun Associates,
      Project: GVC Shagun City (Phase - I),
      Gut No. 228, Village: Kautha, at NWCMC, Nanded - 431603.



     SUBJECT: Report on sratement of Accounts on project fund utilization and withdrawal by
     SHAGUN ASSOCIATES, (Project: cVC SHAGUN CITY (PHASE - I), for the period from
     0l/0412017 to 3l103/2018 with respect to RERA Regn. Number p51100015116.


     l. This certificate is issued in accordance with the provisions ofthe Real Estate (Regulation and
     Development) Act, 2016 read along with the Maharashtra Real Estate (Regulation and
     Development) Rules, 2017.


     2. I/we have obtained all necessary information and explanation from the promoter, during the
     course ofour audit, which in my/our opinion are necessary for the purpose of this certificate.



     3. I/we hereby confirm that l/we have examined the prescribed regislers, Books of Accounrs
     and documenrs and the relevanr records of SHAGUN ASSOCIATES for project GVC
     SHAGUN CITY (PHASE - I), for the period ended 3 I " March 201 8 and hereby certi! that:


               i. lWs. Shagun Associates hav e completed 20.40% of the project titled GVC Shagun
               City (Phase - I) RERA Regn. No. P5 I l000l5l l6 dated 31103/2018 I ocaled at Gut No.
               228, Yillage: Kautha, at NWCMC, Nanded - 431603



               ii. Amount collected from Allottees during the year ended 3l/03/2otg for this project is
               Rs. 0 and amounts collected from Allottees from inception of project to till aat; (i.e.,
              3 l/03/2018) is Rs.Q




              iii. Amount withdrawn during the year for this project from project Bank Account is Rs.
              0 and total amount withdrawn from inception to till date from project Bank Account is
              Rs.0
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office: Shop No. Fl9. A Wine. lst Floor. Gurukipa Market. Mahavir Chowk. Nanded. Maharashtra.
                                                                                                     India.43l60l
YPAgrawal&Co.                                                                            CA Ytsh P. Agrawal
Chartered Accountants
Mobile No.:7875682682                          C&                                                    B.Com. A.C.A.
                                                                              E-md I : cay as hp a gr aw a@g mai L co m




    5. I/we certify that the GVC shagun City (Phase - l) Project o/ shagun Associates has
    utilized the amounts collected for GVC shagun city (Phase - I) only and the withdrawal from
    the designated bank account(s) ofthe said project has been in accordance with the proportion to
    the percentage ofcompletion ofthe project.


                                                                        ForY I'AGRAWAL & CO.
    Place: Nanded                                                             harte red Accountants
                                                                   AVu4      Ie
    Date:, 12/02/2023
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                                                                                        Yash P Agrawal
                                                            +    FRN No.          p          Proprietor
    UDIN: 2361 l526BGQLEI2644                                , 157686w t                   [4 No 611526
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Office: Shop No. F 19. A Wing. lst Floor. Curukipa Market. Mahavir Chowk. Nanded. Maharashtra. lndia.4jl601.