￨ぬ11 Vardhaman S. Bhandari [].com.A.C.A CHARTERED ACCOtlNTANT〔 ooad,opp.StateBankofIndia,NearSatnratI_{otel,oldC.B.S',Nasik.42200l Ph. (0253) 2570173,6637144, M.: 9823049067, E-rnail :bhandari_vipul@yahoo.corn Resi. : Kashyapi-C, Row House No.3, Saubhagya Nagar. GangapLrr Road, Nashik- 13, Ph.(0253) 2319743 I.-ORM 5 [See Section 4(2XIXD)l Annual Report on Statement of Accounts To, Maheshwar Enterprises, Plot No.l, Survey No 328/l/ I PathardiRoad, Nashik-422009 Report on statement of Accounts on Shivganga Heights fund utilization and subject: withdrawal by Maheshwar Enterprises for the period from01.04.2020 to 3r.03.2021 with respect to project MahaRERA Regn. NumberPs1600022074 l. This certificate is issued in accordance with the provisions of the Real Estate (Regulation and Estate (Regulation andDevelopment) Development) Acq 2016 read along with the Maharashtra Real Rates of lnterest and (Registration of Real Estate Projects, Registration of Real Estate Agents, Disclosures on Website) Rules, 201 7' ol 2, We have obtained all necessary informatiorr and explanation fronr the Promoter. during the course purpose of this certificate. our audit, which in our opinion are necessary for the documents' and the 3. we hereby confirm that we have examined the prescribed registers, books andhereby certify that: period ended3l.03.202l and relevant records of Maheshwar Enterprisesfor the 31.03.2021) of the project titled i. Maheshwar Enterpriseshave completed 40.29%(Till at Plot No l, Survey Shivganga Heights MahaRERA Registration NoP51600022074located No 328/l/ lat Nashik (M Corp'), Nashik' 422009 ii.Amountcollectedduringtheyear2o2o-2|Rs.7,62,88,383Aandamountscollectedtilldate (Up to 31.03.2021) is Rs'9,02,63'4991'' iii.Amountwithdrawnduringtheyear2O2O-2ltbrthisprojectRs'5'92'91'4141-andamount is Rs'7,22,14,155/-' withdrawn till date (From start of the project up to 31.03.2021) 饂 滞lttLI̲fi Page 1 of 3 ￨(1,4ヽ こ ￨ Vardhalrlan S.Bhandarl B coln、 ACA (.ll.\ltl.[]lt1.]l),\(](.()t:\.|.,'\\,I! AgraRoad'opp.StatcI]ankol-India.NcarSatnratllotcl.oldC].I].S..Nasik-.l2200l Ph. (0253) 2570173,6637144, M.: 9823049061. Il-nrail :bhandari-_vipul(@1'ahoo.corn lLesi. : Kashyapi-C, Row llor.rse No.3, Saubhagya Nagar. (iangapur Road. Nashik- l.l. t'}h.(0253) 2319143 4. We certify thatMaheshrvar Enterpriseshas---r*tiliz fur(shivganga Heights"prqieet--enlr+or-+hat-projeet 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. [This certification is issued in accordance with Circular No.7 /2017 dated 04tt' fuly, 2017 issued by Maharashtra RERA Authority which says that there is no end use restriction on the amount which is withdrawn from the separate account in accordance with the provisions of Act, Rules, Regulations and Circulars]. 5. Exceptions: l]ank l. Copy of Declaration submitted to liank, if any for withdrawal from Separate Account not provided for verificatiort' For Vardhman S Bhandari Chartered Accountants ∬ CA Vardhaman Bhandari … Partner MembershiP No': 042045 U D I N : 2t042045 AAAAU O 507 1 UDIN Generation Date: 31.12.202t Place: Nasik Dale:26.t2.2O21 o Notes to Audit RePort: l. we have conducted our engagement and examination in accordance with standards on Auditing, Guidance Note on Reports and Certificates for special issued by the purposes and other applicable authoritative pronouncements our compliance to all lnstitute of Chartered Accountants of lndia. We confirm requirements of the Code such applicable pronouncements and with the ethical of lndia' of Ethics issued by the lnstitute of chartered Accountants Page 2 of 3 iC\ Vardhaman S. Bhandari l].corn.,\.C'.A (IIヽ 『 lilt E l).ヽ (:(101ヽ l=ヽ ヽ l: Iく Office:402, Space Anthem, Old Agra Road, Opp. State llank of India, Near Sarnrat Hotel, Old C.B.S., Nasik-422001 Ph. (0253) 2570173,6637144,M.:9823049067, ll-mail :bhandari_vipul@yahoo.com Resi. : Kashyapi-C, Row HouseNo.3, SaubhagyaNagar, Gangapur Road, Nashik- 13, Ph.(0253) 2319743 It is the primary responsibility of the management of Maheshwar Enterprises to prepare, produce and maintain all accounting and other relevant supporting records and documents required for the purpose of this certificate. This responsibility includes the design, implementation and maintenance of necessary and appropriate internal control commensurate with the nature and size of entity. Estimated cost for the calculation of percentage of completion is given by the management. IV. percentage of completion is calculated as per total actual cost incurred as per project. books of accounts divided by the total estimated cost to complete the Page 3 of 3