Nirov Shqilesh Shoh & Co.
                                                                             Chortered Accountonts
                                               129 113o, Abhyonhor Towers, M. G. Rood, Noshih - 4zzoot
                                                    Phone (0253) 257140,2, Emoil: ca.nimvog@gmail.com


                                               FORM 5
                          ANNUAL REPORT ON STATEMENT OF ACCOUNTS



To,
Shivalik Realty
Shop No. 3 & 4, Rajkamal Residency,
Opp. Burkule Lawns,
Nashik - 422009


SUBJECT: Report on Statement of Accounts on project fund utilization and withdrawal by
            Shivalik Realty (Shivalik Sanskruti Project) for the period from 19/1212Ot9 to
            3LlO3l2O20 with respect to MahaRERA Regn. Number P51600023574.


1) This certificate is issued in accordance with 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 lnterest and Disclosures on Website) Rules, 2017.


2l We have obtained all the necessary information and explanation from the Company,
      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 and
      documents, and the relevant records of Shivalik Realty for the period ended
      3110312020 and hereby certify that:


      i) Shivalik Realty has completed 5 % of the project dl 3L1O312020 titled Shivalik
           Sanskruti, MahaRERA Regn. No P51500O23574located at PIot No. 2, Survey No.
           299l3lt,Ambad.

      ii) Amount collected during the year for this project is Rs. 32,00,000 and amounts
           collected till date is Rs. 32,00,000.


      iii) Amount withdrawn during the year for this project is Rs.22,50,627 and amounts
           withdrawn till date is Rs. 22,50,627.


                                                                                          €
                                                                                FR.No
                                                                            *   144421W   )
                                                                                              *
                                                             Nirqv Shqilesh Shqh & Co.
                                                                               Chortered Accountonts
                                            129 I l3O, Abhyonhor Towen, M. G. Rood, Noshih   - 422OO1
                                                    Phone (0253) 25n4o2, Emoil: ca.nimvog@gmoil.com



4l We certify that Shivalik Realty has utilized the amounts collected for Shivalik Sanskruti
    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.


Notes:


L. The firm has several projects during the year and has not maintained separate books of
    accounts for each project. However cost centres for accounting pertaining to direct
    expenses in relation to project has been maintained in Tally software.


2. The promoter has deposited amount of Capital introduction and Pass through Charges
    in Rera Designated Bank Account.


                                            €
                                 F. R 5lo
                            t   141421\il       *


                                                Name of the Signatory: Nirav Shailesh Shah
    Place: Nashik
                                                Full Address: t29lL3O, Abhyankar Towers,
    Date: 2610212024                                          M. G. Road, Nashik - 422OOt


    U DI N : 24L36L75BKAOQL7425                 Membership No.:136175


                                                Contact No.: +91 2532571402


                                                Email : ca.niravO9@gmail.com