Nirov Shoilesh Shqh & Co. Chortered Accountonts 129 I 13O, Abhyonhor Towen M. G. Rood, Noshih - 4D.OO1 Phone (0253) zs'n4oz- Emoil: ca.nirovog@gmdil com FORM 5 ANNUAT REPORT STATEMENT OF ACCOUNTS Date:2610212024 To, Shivalik Realty Shop No. 3 & 4, Rajkama! Residency, Opp. Burkule Lawns, Nashik - 422009 Subject: Report on Statement of Accounts on Project Fund Deposit, Utilisation and Withdrawal by SHIVAIIK REALW (Shivalik Sanskruti Project) for the period from OL I O4l2O2l to 3Ll O3 12022 with respect to M ahaRE RA N u mber P5160002357 4. L. 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 Deve.lopment) (Registration of Real Estate Projects, Registration of Real Estate Agents, Rates of Interest 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 3LlO3l2O22 and hereby certify that: A. DEPOSITS For this Fiscal Year Total for this Project (!n Rupees) till date (!n Rupees) t Total amount collected from allottees 7,88,54,390 I0,81,,44,97t 2 %o of amount to be deposited as r Act 70% 70% 3 Amount to be de ited as er Act 7*21 5,51,99,066 7,57,0L,410 4 Totalamount deposited in the Designated Bank Account 9,45,70,776 12,9L,79,077 5 % of Amount deposited in the Designated Bank Account [(4)/ 1. {'100 L19.93% LLg.45% 5 Shortfall/ Excess D 3-4 13,93,72,710]| (5,34,77,6671 Amount collected/deposited at Sr. No. ! &z,shall not include pass through charges & indirect taxes e E R. No. ) * 144421W t Nirov Shqilesh Shqh & Co. Chqrtered Accountonts 129 I 13o, Abhyonhor Towen, M. G. Roqd, Noshih - 42.oo1 Phone (0253) 2:5n4oa Emoil: co. nirovog@gmoiLcom 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 Project (ln Rupees) till date (!n Rupees) 1 Opening balance of Designated Bank 19,95,370 Account 2 Total Deposits 9,45,70,776 12,9L,79,077 3 TotalAmount Withdrawn 9,26,47,331 12,53,60,262 4 Closing Balance 38,18,815 38,18,815 As specified in the Act, all the amounts withdrawn during the year from RERA Bank Account were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 L, 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, SHIVALIK REALW 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 QUATIFICATIONS / OBSERVATIONS OF CA The promoter is not splitting the amount received from customers in ratio of 70:30 as L prescribed by Maharera. The promoter has deposited amount of Unsecured Loans, Capital Contribution and Pass 2 Through Cha in rera desi d bank account. F.R No \ * 144421W * Nirov Shqilesh Shoh & Co. CE Chqrtered Accountonts 129 I l3O, Abhyonhor Towen, M. G. Rood, Noshih - D.OOI Phone (0253) ?5:nfio2- Emoil: co. niratogCdgmoiLcom Yours Faithfully, For NIRAV SHAIIESH SHAH & CO. Chartered Accountants ESH FRN: W FRNo t 141.121w * NIRAV SHAILESH SHAH Proprietor Membership No.: L36175 U D ! N : 24t3617 5BKAOQN4077 Agreed and Accepted by: {a HT, uLru7 Sn*q Signature of Promoter Name: SHIVALIK REALTY Partner: MR. MADHUBHAI BABUBHAI KOTHIYA Date:2610212024