PANDIT BHANDARI & COMPANY
(ha(fi.d4..or 1.r1s
ao2,lrf f oor,Spdc.AnthdmApt., tnhnr! !r./ir,ro1. Orrr,.!B Bi:rk, a J!,
\ s L, 0. P5,.r\ i,.a4
                                                                                                          0*
                                                     FORM 5
                                             lsce Section 4(2){l}(D)]
                                   Annual Report on Statement of Accounts




To,
PINGN LE BRO] IIERS,
18, P NGAlI: COMPTI]X,
SHARANPUR ROAD,OPP,KULKARNI GAIIDEN,
NASHTK 422002.




SUBJECTi Report on Statement of Accounte on EMPIRIO HEIGHTS fund UII!iA!io-! and withdralral by
for thc pcflcd from 17.08.2017 to 31.03.2018 with respect to protcct MahaRt RAllegn. Numbcr
P5.1600007360.




1. this !ertLf,calc s issucd n accordanCC wth the provision! of thc Real Estate (Regulation and
Development)                  rcrd along w1h thc Maharashtra Rca {:state (Reguaton and i)cvelopment)
                 ^ct,2016
(Illg slral on oi lleal i stiLc Projccls, Rir;ritration of Real lstalo nBent\, Ratcs ol nt.rcsl a d D sc osLrres
on Wcbs 1e) Ruics, 2017

2. Wc havc obtained all necessary i!lformation and explanation lrom thc Promoter, dunng the course of
our audit, which in our opinion are ncccssary for the purpose of tlr s ccrtiflcate.

3. Wc hercby confirm that we hava examincd thc prcscr bed rcllistcrs, books and docurnants, and the
rc cvant rc.ords of PINGALE EROTHERS IoT the pcr od ended 31.03.2018 ind ho:cby c.'tify that:

. M/s PINGALE BROTHERS have completed 100% (lill 31.032018) of thc proiccr rrled EMPIRIO
HEIGHTS NrahaR[RA Rcg sirat on No. P51600007360 locatcd at S.No.728/1to 10, 138
to 25A/29,F.P.No.489, Plot No.208 at Nashik (M Corp.), Nashik 422007-

ri Amounr .o lccted durng the yc.r lL) I / 18 {ln A/c Before RtRA Registration) Rs.1,20,51,792/-, Itn
specified designated A/c 170% A/c)l Rs.1,89,40,526/-, (tn other than specified designated A/c) Rs.
9,00,000,/', Total Rs. 3,18,92,318/- ,ii JrnoLrfls co tctcd t ll ddtr lUp to 31.03.2018) is
                                    "
Rs.8,82,42,28a / - .

il . Amo!rnl withdrawn during lhc ycar (2017-18) for lh s projcc! s {From A/c Belore RERA Re8istration)
Rs.t,2},5i,7s2l-, lFrom Specified designated A/c (70% A/c)l Rs.1,62,03 ,526/ -, lftorr| other than
specificd designated A/c) Rs.9,00,000/-, Total Rs. 2,91,55,318/- iind (rrnounr w rhdrawn rill dal. (From
start of the project up to 31.03.2018) ,s Rs. 8,55,05,288/-

4. We.ertify that the PINGA|E EROTHIRS has utilizod the alnoLrrtr cclle.ted for
project onlV for that project and thc withdrawal from the desi8nateci bank account(             o?Fi(
                                                                                                        fl{8r"
has becn in accordance with the proportion lo thc percentage of c(rmp etion of the
                                                                                                ' 115303\,
PANDIT BHANDARI & COMPANY
ahar!.red A(.ountrfts
4o),4ri tloor, Spdcennlham Apt., llchi..l Samrai rroteL OPr,.5B Bank, Clls,
Nashlk 4r)oo, Ph o?51-6617r.14




5. Exceptiohs: {il any)

  l.    Copy of Declorotion submitted to Bonk for withdrowollrom Seporote Bonk Account not provided
        lor veriJrcotion.
                                                            , o,   Pdndll thaootrl & c0.
                                                               eha.laF^ A.c^.rniaat.

                                          '!   tr5n3t^
                                                .{astx
                                                                   <Yld^'lc'-
                                                                     ry a. Br.lloani
                                                                         tfr.
                                               Name ofthe Signatoryi CA Vardhman V Bhandarl

Place: Nasik                                   l ull Address:402,4ri Floor, Space Antham Apt., Bch nd Samarth
                                               'lololOpp 5B banl, C85, Nrsh k 422007.

Dat€; 30 September 2018                        Mcnbership \o.:42045

                                               Contact No.r 9423049067

                                               L mail: vardhaman.bhandari@rediff mai .com



    .   Notes to Audit Report:


            l.    Amount rcceivcd from a Lortees up to 30/07/2017ls taken from CA Ccrtiflcate
                  submitted whlle applying for RtllA registration
             .    Est matcd cost for thc calculation of percentage of completion ls given by management.
             .    Percentagc of aomp ctron s ca cu atod as pcr actual cost incurred as pcr books of
                  accounts d v ded by rhc cst matcd cost to complcta the project.
          IV,     Actua Cosl of ConstrLrct on incurred is taken as per CA Certificate and as given by the
                  ManaBcmcnl.