MRJ & Company
                                                                            Chafter€d Accountants of India
@ nztoeltoz                                                                 cA. Mahendra Ramesh Jamdhade
E cacsmrj@gmail.com                                                                                  (c.A., M.Com, c.s )


                    H.N. 104, Parvati chowK Ghatol Mala, lGmgar Nagal Satpur, Nashik - 422 007.

Ret No. :                                                                              Date :




                                                        FORM - 5
                                                    lsee Regulation 4l


                                ANNUAL REPORT ON STATEMENT OF ACCOUNTS

            To,

            KBC Global Limited,
            2nd Floor, Gulmohar Status,

            Dr. Munje Road,
            Samarth Nagar, Above Business Bank,
            Nashik - 422005, Maharashtra.


            Subject: Report on Statement of Accounts on project fund utilization and withdrawal bv KBC
            Global'Limited [Promoter] for the period from 01-0+2022 to 31-03-2023 with respect to
            MahaRERA Regn. Number P51500014676.

            1. This certificate is is5ued 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, I have obtained all necessary information and explanation from the Company, during the
                  course of our audit, which in my opinion are necessary for the purpose of this certificate.

            3. I hereby confirm that I have examined the prescribed registers, books and documents,
                  and the relevant records of M/s, KBC Global Limited {Promoterl for the period ended
                  31" March 2023 and hereby certify that:

                     Nt7s. rec Ctobal rimited IPromoter] has completed 96.80% of the project titled "Hari
                     Aakruti Phase - ll" having MahaRERA Regn. No. P51600014676 located at
                     S No.484/3/1/2 and Plot No. 7, 8 at Nashik, Maharashtra - 422101
      Amountco||ectedduringtheyearforthisprojectisRs'89'41,oool-andamounts'
      collected till date of the ploject is Rs.11,43,13,146/-'

      AmountwhichcanbewithdrawnduringtheyearforthisprojectisRs!7'55'26'3561-
       andamountwithdrawntilldateofthiscertificatefromthedesignatedaccount5isRs
       7,94,47,2061-. Net Amount which can be withdrawn from the designated
                                                                              Bank

       Account under this certificate is Rs. 9,61,79,151/-'

4. I certify that the MIs KBC Globol 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
                                                       project'
   oroportion to the percentage of completion of the

   For MR And company,
   Chartered Accountants
   Firm Registration No 146068W.

          qI-*      ,. I

    cA. Mah'endra Ramesh lamdhade.
    Partner
    MembershiP No: 166237
    uDtN - 231662378GUHH N3615
                                                                      Kamgar Nagar, Satput
    Full Address: House No:m 104, Parwati Chowk, Ghatol Mala,
    Nashik - 422007
    Contact No.r 7721083703.
    E-mail: cacsmrj@gmail,com

    Placer Nashik
    Datei 16th SePtember, 2023

    Notes:

    1. Hari Akruti Phase - ll Project rs registered under MAHA RERA with effect
                                                                                       from

        20-72'20L'1 .

                                                                                    incurred
    2. Project completion percentage ls calculated on the basis of amount of cost
         Il|31.03.2022Withthetota|estimatedcostoftheprojectascertifiedbythe
        management and as per Form 3 for the period ended
                                                              on March 2023'

                                                                         amount     received
     3. Amount  collected during the year represents 100% of the booking
     -intheseparateRFRAaccountmaintajnedwiththebank,exceptfewreceiptswhich
                                                                    Account
        were deposited in the other Escrow / Collection / Current

     4. Collection from the customers whrch were deposited in th; separate RERA accounts
         isinc|usiveoftaxes,maintenancedeposits,etc.Theseotherreceiptsarenot
     included in the reporting under Form 5. Also, collections from customers are shown
     as net of cancellations (if anY)

5.   Total receipts from customer as compared to the actual cost incurred on land and
     construction work is on lower side and is within the withdrawal limit as per the Form
     3 for the oeriod ended on March 2023 and RERA Regulations.

     Amount collected till the date represents total cumulative booking amount (net of
     cancellations) received from the commencement ofthe project till 31-03-2023'

7.   Amount withdrawn during the year represents total amount withdrawn from the
     separate RERA account malntained with the bank.

8, Amount withdrawn tillthe date represents total cumulative amount withdrawn from
     the commencement of the project tjll 31-03-2023'




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