lc&, Vardhaman S. Bhandari B.com,A.C"A. CHARTERf,,D ACCOUNTANTS Office : 402, Space Anthem, Old Agra Roa{ Opp. State Bank of Indi4 Near Samrat Uotet, Old C.B.S. , Nasik- 422001 Ph. (0253) 2570173,6637144, M.:9823049067, E-mul:bhandari vipul@yahoo.coqr Resi. : Kashy4i-C, Row House No.3. Saubhagya Nagar, Gangapur Road, Nashik- 13- Ph.(0253)2319743 FORM 5 [See Section +(z)(l)(D]i Annual Report on Statement of Accounts To, Pingale Brothers, 1& Pingale Complex, Sharanpur Road, Opp. Kulkarni Gardery Nashik (M Corp.), Nashik - 422002. SUBIECT: Report'on Statement of Accounts on'Empireo Heights'fund utilizatiop and withdrawal by M/s. Pingale Brothers for the period from ff1..(X.X)18 to 31.03.2fi19 with respect to proiect Maha RERA Regn. Number P516m00736O. 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 Agents, Rabs of Interest and Disclosures on Website) Rules, 2017. 2. We have obtained all necessary information and explanation from the Promoter, during the course of our audit, which in our opinion are necessary for the purpose of this certificate. 3. We hereby confirm that we have examined the prescribed registers, books and documents, and the relevant records of Pingale Brothers for the period ended 31.03.2019 and hereby certifu that: i.lv{/s. Pingale Brothers have completed 10ff6 of the project tifled Empireo Heights Maha RERA Registration No.P51600007360 located at S.No.728/t to L0,138to 25Af29, F.P.No.rl89, Plot No.20B at Nashik (M Corp.), Nashik 422ffi7. ii. Amount collected during the year 2018-19 [In Specified designated A/c (70o/o Ncll Rs.1,m,85,2ffi/-, 0n other than specified designated A/c) Rs.9a"Sfi/-, Total Rs.1,Olp0,0fi/-, and amounts collected till date (Up to 31.03.2m9) is Rs.L027i8P6A-. iii. Amount withdrawn during the year(2018-19) for this designated A/c Q0Yo a,/c)l Rs.1,00,S52(n/-, (Ftom other than Rs.37,M,51ry-, Total Rs.1,32,29,777/- and amount withdrawn pmiect up to 31.03.2019) is Rs,1027,38,36U-. CE, Vardhaman S. Bhandari B,com.A,C.A. CHARTER-ED ACCOUNTANTS Office : 402. Space Antlrenr. Old Agra Roa4 Opp. State Bank of India Near Samrat Hotel, Old C.B.S. , Nasik- 422001 Ph. (0253) 2570173,6637144,M.:9823049067, E-mail :bhandari_vipul@yahoo.com Resi, : Kaslryapi-C, Row House No.3, Saubhagya Nagar, Gangapur Road- Nashik- 13', Ph.(0253) 2319743 4. We certify that the Pingale Brothers has utilized the amounts collected {or Entpirco Heights project only for that project and the withdrawal from the designated bank account(s) of the said project treen in accordance with the proportion to the percentage of completion of the .ry]K*"n'\s'*^r of the Signatory: CA Vardhaman Bhandari Place: Nasik Membership No.: 42045 Date: 24.02.2021. U DIN : 21 M20 45 AAAAFS249 9 Full Address:402,4th Floor, Space Antham ,{pt., Behind Samarth Hotel Opp. SBI bank, CBS, Nashik- 422002. Contact No.: 9823049057 E-mail: vardhaman.bhandari@rediffmail.com o Notes to Audit Report: L Estimated cost for the calculation of percentage of completion is given hy management. Per&ntage of completion is calculabd as per actual cost incurred as per books of accounts divided by the estimated cost to complete the project. UL The proiect is completed as per Architect certificate in Form No.4 dated 03.03.2020 uploaded on RERA web portal, however the completion certificate is awaited from Nashik MunicipalCorporation. We have also relied on Maha RERA General (Amendment) Regulations 2017 dated 11.10.2019 stating that "wherever Occupation Certificate / Completion Certificate is not provided as prer local rules, submission of duly filled Form 4 signed by Architect shall denote completion of project."