B. P. SANGHANI & ASSOCIATES
                                                                           Chatered Accountants
                      3, Aakash Apartments lst Floor, Road No.4, Manlatdar Wadi, Malad (W) 400064
                                                              Phone: 28885557, Mobile 9820832580

                                             FORM 5

                   ANNUAL REPORT ON STATEMENT OF ACCOUNTS

To

Neptune DevelopeN Ltd
4  rioor, EasIeIn bustness ulstflct,
LBS Road, Neax Mangatram Petrol Pump,
Bhandup West, Mumbai 400078


SUBJECT: Report on Statement of Accounts on project fund utilization and withdrawal by
Neptune DevelopeN Ltd, for the period from 01,04.2017 to 31.03.2018 with respect to
MahaRERA Regn. No. P51700008931

     l. This certificate is issued in accordance with the provisions ofthe Real Estate (Regulation
        and De!elopment) Ac(. 2016.


     2. We have obtained all the necessary information and explanation ftom the Company,
        during the course of our audit, which in our opinion arc necessary for the purpose of this
        certificate.

     3. We hereby confim that We have examined the prescribed registers, books and
        documents, and the relevant records       of Neptune Developers Ltd period ended
        31.03.2018 and hereby oertify thati

               Neptune Developers Ltd) have completed 66.86 % ofthe project titled Neptune
               Swarajya Sector 2-86 MahaRERA Regn. No. P51700008931. looat€d at land
               bearing C,T,S. Nos, S.No,1/3, S.No.?3,4,5,6 And Others at Kalyan-Dombivali
               (M.Corp), Kalyan, Thare- 421102.


            b. Amount collected during the year for this project is RSNIL and amounts
               oolleoted till date is Rs.l,66,10,164/-


                Amount withdrawn dudng the year for this project is Rs. NIL and withdrawn till
               date is Rs. 1,66,10,164/-
                                                          B. P. SANGHANI & ASSOCIATES


                                                         Phone: 28885557, Mobile 9820832580




   4. We ceftify that the Neptune Developers Ltd has utilized the amounts collected for
      Neptune Swarajya Sector 2-6 only for that project and the withdrawal from the
      designated bank account(s) oflhe said project has been in accordance with the propotion
      to the percentage ofcompletion of the project.



For B,P. Sanghani & Associates
Chartered Accountants
Firm Registration No.: 112943W

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Bhavika Dholakia
Membership No: 111657
UDIN: 19111657AAAAAR6940
Place: Mumbai
Date:08.02.2019