Nirov Shoilesh Shqh & Co. Chortered Accountonts 129 I l3O, Abhyonhor Towers, M. G. Rood, Noshih - 4?2OO1 Phone (o53) zs:.n4oz Email: ca. niravog@gmaiLcom FORM 5 ANNUAL REPORT STATEMENT OF ACCOUNTS Date:2610212024 To, Shivalik Realty Shop No. 3 & 4, Rajkamal Residency, Opp. Burkule Lawns, Nashik - 422009 Subiect: Report on Statement of Accounts on Project Fund Deposit, Utilisation and Withdrawal by SHIVALIK REALW (shivalik Sanskruti Project) for the period from OLlO4l2O22 to 01/0812022 with respect to MahaRERA Number P51500O23574. 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 Real Estate Projects, Registration of Real Estate Agents, Rates of lnterest and Disclosures on Website) Rules, 20L7. 2. We have obtained all 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 SHIVALIK REALW for the period ended 01lOBl2O22 and hereby certify that: A. DEPOSITS For this Fiscal Year Totalfor this Project (ln Rupees) till date (ln Rupees) t Total amount collected from allottees 85,74,900 L7,67,L9,771 2 %o of amount to be as Act 70% 70% 3 Amount to be d as Act t*2 60,02,430 8,L7,03,940 4 Totbl amount deposited in the Designated Bank Account L,74,L6,400 L4,65,95,477 5 % of Amount deposited in the Designated Bank Account 4 (1) * 100 203.1L% Lzs.60% 6 Shortfall/ Excess Deposit 3-4 (1,L4,!3,970) (6,49,97,637) Amount collected/deposited at Sr. No. 1- &2, shall not include pass through charges & irect taxes. e F R. No. t 144421W * Nirov Shoilesh Shoh & Co. Chqrtered Accountonts 129 I 13o, AbhSronhor Tower, M. G. Rood, Noshih - 422ool Phone: (0253) 25'n4oz Email: co.niravog@gmaiLcom 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. WITHDRAWALS For this Fiscal Year Total for this Proiect (ln Rupees) tilldate (tn Rupees) 1 Opening balance of Designated Bank 38,1_8,815 Account 2 Total Deposits L,74,',J.6,400 L4,65,95,477 3 TotalAmount Withdrawn 2,72,30,225 14,65,90,487 4 Closing Balance 4,990 4,990 As specified in the Act, all the amounts withdrawn during the year from RERA Bank Account were within the withdrawal limit as certified under the relevant Form 1, Form 2, and Form 3 issued during the reporting period? - No lf no please provide the below details - S. No. Date of withdrawal Amount of Excess Withdrawals C. UTILISATION We certify that, SHIVAIIK REALTY 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 Proiect Cost D. ANY QUATIFTCATIONS / OBSERVATIONs OF CA The promoter is not splitting the amount received from customers in ratio of 70:30 as 1. prescribed by Maharera. The promoter has deposited amount of Unsecured Loans, Capital Contribution a nd Pass 2 Throu s in rera d nated bank account. The Completion Certificate for this project is obtained on 01./0812022, hence figures in this 3 certificate are considered to0 22 ,l ) * 141,121W t Nirov Shqilesh Shqh & Co. Chortered Accountonts 129 ll3o, Abh5ronhor Towers, M. G. Roqd, Nqshih - 4?2oo1 Phone (o53) zsn4o,z Emdil: ca.nirantog@gmaiLcom Yours Faithfully, For NIRAV SHAILESH SHAH & CO. Chartered Accountants FRN: 144421W € FR.No * 144421W * NIRAV SHAITESH SHAH Proprietor Membership No.: 136L75 U D ! N : 24t36L7 5BKAOQO2S 19 Agreed and Accepted by: N *{7. 4W1 Signature of Promoter Name: SHIVALIK REALW Partner: MR. MADHUBHAI BABUBHAI KOTHIYA Date:26/0212024