CN                 J P LANDAssoctArEs
    VA                 CHARTEREDACCOUNTANTS




                                                FORM - 5
                                                            4]
                                            [See Regulation


                                                                   OF ACCOUNTS
                        ANNUAL REPORT ON STATEMENT


    To,

    Karda Constructions Limited'
    znd Floor, Gulmohar Status'
    Dr. Munje Road,
                                  Bank'
    Samarth Nagar, Above Business
    Nashik   - 422005, Maharashtra'
                                                                                           by t\s'
                                                                                wllnoldwdr uv
                                                                           ano withdrawal     Karda
                                  of                           utilization and
                                      Accounts on project fund utilization
     subiect: Report on Statement
                                      for the period from 01-04-2017
                                                                       to 31-03-2018 with respect
     constructions Limited [Promoter]
                                                6
     MahaRERA Regn' Number P5160001467
                                                                                                       and
                                                      the  provisions of the Real Estate (Regulation
     L. This certificate is issued in accordance with                                    (Regulation and
         Development) Act, 2016 read along
                                                 with the Maharashtra Real Estate
                                                                               Real Estate Agents' Rates
                                              Estate Projects' Registration of
         Development)(Registration of Real
                                                   Rules' 2OI7 '
         of Interest and Disclosures on Website)
                                         information and explanation from
                                                                               the company, during the
      2. I have  Obtained  all necessary
                                                                                    of this certificate'
                        audit, which in my opinion  are necessary for the purpose
         course  of our

      3.lherebyconfirmthatlhaveexaminedtheprescribedregisters'booksanddocuments'and   period ended
                               of M/s. Karda constructions Limited lPromoter] for the
          the relevant records
                                             that:
          31't March 2018 and hereby certify

                    M/s'KardaConstructionsLimited[Promoter]hascomp|eted33.03%oftheproject
                    titled,,HariAakrutiPhase.||,,havingMahaRERARegn.No.P516ooo14676|ocated
                                                           Nashik' Maharashtra - 422LOI
                    at S No.48 4l3l]lzand Plot No' 7' 8 at
                    Amountcol|ectedduringtheyearforthisprojectisRs'36,94,000/-andamounts
                    collected till date is Rs' 46'07'031/-
                                                                                              and amount
                                                      year for this project
             iii.   Amount withdrawn during the                                  '*###H3nL
                    withdrawn till date is Rs' 29'07'03U-
                                                                          ,'


                                                                          [ll''32"r+uw )fl
                                                                               a
I    HEAD OFFICE: 251, AWING, GROUND FLOOR, NEW B J MARKET, JALGAON
                                                                      - 425001
4.   I certify that the M/s. Kardo Constructions Limited [Promoter] has utilized the amounts
     collected for "Hari Aakruti Phase - ll" 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.

     For M/s. JPt & Associates,
     Chartered
     Firm Registr tion No. L32748W




     Membership No: 134897

     FullAddress: 25i-, A Wing, Ground Floor, New B J Market, Jalgaon - 425001
     Contact No.: 0257-2232262
     E-mail : iplnasik(oemail.com


     Place: Nashik
     Date: 23 August, 201-8

     Notes:

     1. Hari Akruti Phase - ll Project is registered under MAHA RERA with effect from
          20-L2-20L7.

     2, For purpose of preparation of this certificate, we have verified and taken into account
          transaction for the period starting from 01-04-2OI7 till 31-03-2018.

     3.   Project completion percentage is calculated on the basis of amount of cost incurred till
          31-03-2018 with the total estimated cost of the project as certified by the management.

     4.   Amount collected during the year represents LOO% of the booking amount received in
          the separate RERA account maintained with the bank.

     5.   Amount collected till the date represents total cumulative booking amount received
          from the commencement of the project till 31-03-2018.

     6.   Amount withdrawn during the year represents total amount withdrawn from the
          separate RERA account maintained with the bank.

     7.   Amount withdrawn till the date represents total cumulative amount withdrawn from
          the commencement of the project till 3l--03-20L8.