Sqril Shqh & Associqtes Chortered Accountonts t29ll3o, Abhyankar Towers, M. G. Road, Nashik - 422 OOL Phone: (0253) 2571402, Email: sarilshah@gmail.com FORM 5 ANNUAL REPORT STATEMENT OF ACCOUNTS Date: 02103 12023 To, Viraj Estates Pvt. Ltd. 4th Floor, Abhyankar Towers, M. G. Road, Nashik - 42200L Subject: Report on Statement of Accounts on Project Fund Deposit, Utilisation and Withdrawa! by VIRAI ESTATES PVT. LTD. for the period from Otl04.l2O2L to 3!10312022 with respect to MahaRERA Number P51600022659. 1. This Certificate is issued in accordance with the provisions of Real Estate (Regulation and Development) Act, 2016 read along with the Maharashtra Real Estate (Regulation and Development) (Registration of Rea! Estate Projects, Registration of Real Estate Agents, Rates of lnterest and Disclosures on Website) Rules, 20L7. 2. We have obtained al! necessary information & 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 & Documents, and the relevant records of Viraj Estates Pvt. Ltd. for the period ended 3t10t12022 and hereby certify that: A. DEPOSITS For this Fiscal Year Totalfor this Project (tn Rupees) till date (ln Rupeesl L Total amount collected from allottees t7,38,42,470 23,36,54,869 2 % of amount to be deposited as per Act 70% 70% 3 Amount to be deposited as per Act (1*2) L2,L6,89,729 15,35,58,408 4 Totalamount deposited in the Designated L2,O9,89,564 L6,28,58,L78 Bank Account 5 % of Amount deposited in the Designated 69.s9% 59.70o/o Bank Account [(a)/ (L) '[ 100] 6 Shortfall/ Excess Deposit (3-4) 700,155 -"7_90,230 Sqril Shqh & Associqtes Chortered Accountonts t29/t30, AbhyankarTowers, M. G. Road, Nashik - 422OOt Phone: (0253) 257L402, Email: sarilshah@gmail.com Amount collected/deposited at Sr. No. L &2, shall not include pass through charges & indirect taxes. Has the required proportion of the money collected from allottees of the project units, as specified in the Act, deposited in the Designated RERA Bank Account? Yes lf No, then please mention the amount not deposited B. WITHDRAWAIS For this Fiscal Year Total for this Project (ln Rupees) till date (tn Rupeesl 1 Opening balance of Designated Bank Account 2 Tota! Deposits L2,O9,99,564 L6,56,75,304 3 TotalAmount Withdrawn L2,O9,89,564 L6,55,75,304 4 Closing Balance As specified in the Act, all the amounts withdrawn during the year from RERA Bank Account were within the withdrawa! limit as certified under the relevant Form 1, Form 2, and Form 3 issued during the reporting period? - Yes lf no please provide the below details - S. No. Date of withdrawal Amount of Excess Withdrawals C. UTILISATION We certify that, Viraj Estates Pvt. Ltd. has utilised the amounts withdrawn from the Designated Bank Account towards Project Cost only, as specified in the Act. lf no please provide the below details- S. No. Date Amount not utilised for Project Cost D. ANY QUALIFICATIONS / OBSERVATIONS OF CA The Shortfall in Table A is due to amount credited on last day of accounting year which was L not auto split in ratio of 70:30. The same is auto split on next day i.e. next fi the principal of bank reconciliation is applied then there would be no Soril Shoh & Associotes Chqrtered Accountqnts L29/t3O, AbhyankarTowers, M. G. Road, Nashik - 422OOt Phone: (0253) 257L4O2, Email: sarilshah@gmail.com Yours Faithfully, For SARIL SHAH & ASSOCIATES Chartered Accountants FRN:142018W SARIL SHAILESH SHAH Proprietor Membership No.: t69759 UDIN : 231597598G21 BDrt493 Agreed and Accepted by: Signature of Promoter Name: VIRA, ESTATES PVT. LTD. Proprietor: MR. KARAN RATENDRA SHAH Date: 02103 12023