R S P H & Associates
Chartered Accountants
Office No 502, Radiance Building, Next to Body Line Fitness Gym, Opposite Ved Mandir,
Trimbak Road ,Nasik T-253-2316773,2316774, 09370116766




                                    Annual Report on Statement of Accounts



To,
GANARAJ ASSOCIATES,
101, AGORA, SHARANPUR ROAD,
CANADA CORNER, NEAR BSNL,
Nashik, Maharashtra. 422002


SUBJECT: Report on Statement of Accounts on MARIGOLD fund utilization and withdrawal by GANARAJ
ASSOCIATES, for the period from 20.12.2017 to 31.03.2018 with respect to project MahaRERARegn.
Number P51600014683.

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, Rates 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 GANARAJ ASSOCIATES for the period ended 31.03.2018 and hereby certify that:

i. M/s. GANARAJ ASSOCIATES have completed 80.49 % (Till 31.03.2018) of the project titled MARIGOLD
MahaRERA Registration No. P51600014683 located at P LOT NO 8 S NO 255 AND 256 OBLIC a1t Nashik,
Nashik, Nashik, 422010.

ii. Amount collected during the year 2017-18 (In A/c Before RERA Registration) Rs. Nil/-, [In Specified
designated A/c (70% A/c)] Rs. Nil/-, (In other than specified designated A/c) Rs. Nil/-, Total Rs. Nil/-
and amounts collected till date (Up to 31.03.2018) is Rs. Nil/-.

iii. Amount withdrawn during the year (2017-18) for this project is (From A/c Before RERA Registration)
Rs. Nil/-, [From Specified designated A/c (70% A/c)] Rs. Nil/-, (From other than specified designated
A/c) Rs. Nil/-, Total Rs. Nil/- and amount withdrawn till date (From start of the project up to
31.03.2018) is Rs. Nil/-.




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R S P H & Associates
Chartered Accountants
Office No 502, Radiance Building, Next to Body Line Fitness Gym, Opposite Ved Mandir,
Trimbak Road ,Nasik T-253-2316773,2316774, 09370116766




4. We certify that the GANARAJ ASSOCIATES has utilized the amounts collected for MARIGOLD project
only for that project and the withdrawal from the designated bank account(s) of the said project has
been in accordance with the proportion to the percentage of completion of the project.




                                              Name of the Signatory: CA Paresh Prakash Sabadra

Place: Nasik                                  Full Address: 502, Radiance, Kotwal park, Near collector office,
                                              Trimbak road, Nasik.

Date: 1st April 2018                          Membership No.: 119544

                                              Contact No.: +91-9370116766

                                              E-mail: pns1012@gmail.com



        Notes to Audit Report:

            I.    Estimated cost for the calculation of percentage of completion is given by management.
           II.    Percentage of completion is calculated as per actual cost incurred as per books of
                  accounts divided by the estimated cost to complete the project.




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