B. P, SANGHANI & ASSOCIATES
                                                                               Chartered Accountants
                         3, Aakastr Apartments lst Floor, Road No.4, Mamlatdar Wadi, Malad (w) 400064
                                                                 Phone: 28885557. Mobile 9820832580

                                                 FORM 5

                      ANNUAL REPORT ON STATEMENT OF ACCOUNTS

To

N€ptune Developers Ltd
4rtr Floor, Eastern Business Dishict,
LBS Road, Near Margatram Petrol Pump,
Bhandup West, Mumbai 400078


SUBJECT: Repo{ on Statement of Accounts on project fund utilization and withdrawal by
Neptune Developerc Ltd, for thq periad frqm 01.04.2017 to 31.032018 with respect to
MahaRERA Regn. No. P51700009803

     1   . This certificate is issued in accordance with the provisions of tl|e Real Estate (Regulation
           and Development) Act, 2016.
     2. we have obtained all the necessary infonnation and explanation from the Company,
           during the course ofour audit, which in our opinion are necessary for the purpose ofthis
        cedificate.
     3. We hereby confirm that we have examined the prescribed registe$, books and
        documents, and the relevant records           of
                                            Neptune Developers        padod ended Ltd
           31.03.2018 and hereby certil, that:

               a,   Neptune Developers Ltd) have completed 98.00% of the project titled Neptune
                    Swarajya Sector l-A4 MahaRERA Regn. No. P51700009803. located at land
                    bearing C.T.S. Nos. S.No.1/3, S.No.2/3,4,5,6 and Others at Kalyan-Dombivali
                    (M.Cory), Kalyan, Thale- 421102.

               b.   Amount collected during th€ year for this project is Rs.10,63,352l- and amounts
                    collected till date is Rs.3,19,26,882/-

                    Amount withdrawn during the year for this project is Rs. 10,63,3521-and,
                    withdrawn till date is Rs. 3,19,26,882/-
                                                           B. P. SANGHANI & ASSOCIATDS
                                                                        endq€dAeesllla4b
                   3, Aakash Apaftnents lst Floor, Road No.4, Mamlatdar Wadi, Malad (W) 400064
                                                          Phone: 23885557. Mobile 9820832580


   4. We cefiiry that the Neptune Developers Ltd has utilized the amounts collected foi
      Neptune Swamjya Sector l-A4 olly for that project and the with&awal from the
      designated bank account(s) ofths said project has be€n in accordance with the proportion
      to the percentage of completion ofthe prcject.                                           n



For B,P. Saoghani & Associates
Chartered Accountant$
Firm Resistration No.r I I2943W




 6^yZZ'-
BhaYika Dholakia
Membership No: 111657
UDIN: 191116574AA.4A,D4947
PI.ce : Mumbai
Date:08,02.2019