A Bera &Associates INDIA Chartered Accountants Annexure F FORM5 (See Regulation 4 ) ANNUAL REPORT ON STATEMENT OF ACCOUNTS CHARTERED ACCOUNTANT'S CERTIFICATE Date : 8/02/2024 To, M/s V.R. Realties Project : SHANTIPARK, Plot No. 808/808/1-808/4. Navi Mumbai. Thane -410206. utilization and withdrawal by Subject: Report on Statement of Accounts on project fund deposit, 01.04.2021 to M/S. V.R. REALTIES (PROJECT: SHANTI PARK)for tlhe period from 31.03.2022 with respect to MahaRERARegn Number P51700008676. Real Estate, (Regulation and 1. This certificate is issued in accordance with the provisions of the (Reyulation and development) Act. 2016 read along with the Maharashtra Real Estate of Development) (Registration of Real Estate Projecis, Registration of Real Estate Agents, Rates Interest and Disclosures on Website) Rules, 2017. during the course 2. Ihave obtained all necessary information and explanation from the Promoter, certificate. of our audit, which in my opinion are necessary for the purpose of this documents, and the 3. I hereby confir1 that ihave exanined the prescribed registers, books and relevant records of M/S V.R. REALTES(PROJECT: SHANTI PARK) for the periodended 31/03/2022 and hereby certify that: F.RN. o1442sOw 9594102880 sagarbera.ca@gmail.com C-327, 3rd Floor, Big Splash, Above Waman Hari Pethe Jewellers, Sector 17, Vashi, Navi Mumbai - 400 703 A. Deposits: For this Fiscal Total for this Sr.No. Particulars Year project till date Total amount collected fron1 allotlees 74.00,000.00 1,48.40,000.00 2 % of annount to be deposiled as per act 70% 70% 3. Amount to be deposited asper act (1*2) 51,80,000.00 1,03.88,000.00 4. Total amount deposited in the Designated Bank Account 86,90,000.00 2,86,36,844.00 S. % of Amount deposited in Designated Bank 167.76% 275.67% Account [(4)(1)*100] 6. ShortfallVExcess deposit (3-4 ) (35,10,000.00) (1,82,48,844.00) Has the required proportion of money collected from allotees of the project units, as the act, deposited in the Designated RIFRA Bank Account? (Yes/ Ne)YES specified in If No,Please mention the amount not deposited. B. Withdrawals: For this Fiscal Total for this Sr.No. Particulars Year project till date Opening Balance of Designated Bank Account 6,01,410.60 0.00 2 Total Deposits 86,90,000.00 2,86,36,844.00 3. Total amount withdrawn 75,80,253.01 2,69,25,686.4 1 4. Closing Balance 17,11,157.59 17,|1,1s7.59 As specified in the Act, AIl the amounts wvithdrawn 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? (Ycs Ne)YES If No,Please provide the below details: Sr.No. Date of withdrawal Amount of Excess Withdrawals F.R.N. 144230W C. Utilisation: Icertity that. the of M/S V.R. REALTIES(PROJECT: SHANTIPARK) has utilized the amounts withdrawn from designated bank account towards project cost only, as specified in the act. If No. Please provide the below detats Sr.No. Date Amount not utilised for Project Cost D. Any Qualifications / ObservationsofCA Sr.No. Qualification / Observation ASSO F.R.N. m Place: Navi Mumbai 144260W Date: 08/02/2024 Nanne of the Signatory: CA Sagar Kar1man Bera Nameof Firm : Bera & Associates F.R.No. 144260W Full Address: C- 327, 3RD Floor, Big Splash, Vashi, Navi Mumbai-400 703 Membership No: I77115 Contact No. :9594102880 Email: sagarbera.ca@gmail.com UDIN: 24177||5BKBFE|952 Agreed & Accepted by : For. V.R. Realties Partn