Mayank Kumar Jain & Co. B-303, Shiv Vatika, Opp. Sukruti Nagar II, Diwalipura, Vadodara – 390007  97696 89130 Email: nahtamayank@icai.org FORM 5 [see Regulation 4] ANNUAL REPORT ON STATEMENT OF ACCOUNTS To, Bright Sky Heights Builders and Developers Private Limited Kalyan Shil Road, Village Padle, Near Millenium Toyota, Dist. Thane, Maharashtra – 421204 PAN: AAOCS0371F SUBJECT: Report on Statement of Accounts on project fund utilization and withdrawal by Bright Sky Heights Builders and Developers Private Limited for the period from 01/04/2019 to 31/03/2020 with respect to MahaRERA Regn. Number P51700009788 1. This certificate is issued in accordance with the 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 Interest and Disclosures on Website) Rules, 2017. 2. We have obtained all 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 Bright Sky Heights Builders and Developers Private Limited for the year ended 31/03/2020 and hereby certify that: i. M/S. Bright Sky Heights Builders And Developers Private Limited (Promoter) have completed 47.84% of the project titled Galaxy Wing 5, Maha RERA Regn. No. P51700009788 located at S. No. 59/1B, 61/1 at Village Padle, Dist. Thane, Thane, 421204; ii. Amount collected during year ended 31st March 2020 for this project is Rs. NIL/- (Rupees NIL Only) and amounts collected till date is Rs. 55,91,595/- (Rupees Fifty Five Lakhs Ninety One Thousand Five Hundred Ninety five Only) (Also refer notes below) iii. Amount withdrawn during the year ended 31st March 2020 for this project is Rs. 165/- (Rupees One Hundred Sixty Five Only) and amount withdrawn till date is Rs. Rs. MAYANK Digitally by MAYANK signed KUMAR KUMAR JAIN Date: 2022.01.07 JAIN 10:37:24 +05'30' 49,57,118/- (Rupees Forty Nine Lakh Fifty Seven Thousand One Hundred Eighteen Only) (Also refer notes below) 4. We certify that the Bright Sky Heights Builders and Developers Private Limited has utilized the amounts collected for Galaxy Wing 5 project 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. (Also refer notes below) Notes: a. The promoter name, project name, RERA registration number, start date of the project are as mentioned in RERA registration certificate no. P51700009788 dated 22/08/2017. b. The amounts mentioned above have been extracted from the books of accounts, prescribed registers, books and documents, and other relevant records maintained by the company as at 31.03.2020. c. As informed to us there was no changes made in designated bank account since inception. d. The amounts of collections have been extracted from the bank statement of collection account no. 002120100008840 (“Designated Bank Account”) (Bank & Branch: TJSB Sahakari Bank Ltd, Madhumalti Veer Savarkar Path, Thane West- 400601; IFSC: TJSB0000002) for the year ended 31/03/2020. e. The amount of collections are inclusive of Service Tax, VAT and GST. f. The amounts of Withdrawals have been extracted from the bank statement of collection account no. 002120100008840 (“Designated Bank Account”) (Bank & Branch: TJSB Sahakari Bank Ltd, Madhumalti Veer Savarkar Path, Thane West- 400601; IFSC: TJSB0000002) for the year ended 31/03/2020. Amount of withdrawals includes all withdrawals from above referred collection account. g. The promoter has collected a sum of Rs. 39,00,000/- (Rupees Thirty Nine Lakh Only) during the year ended 31/03/2020 (till date Rs. 1,31,57,792/- (Rupees One Crores Thirty One Lakhs Fifty Seven Thousand Seven Hundred Ninety Two Only) in other than RERA designated bank account and However, it can be noted that promoter has also spent more than this amount towards land and construction cost from other than RERA designated bank account. It is strongly advised by CA certifying Form 3 and us that promoter has to follow MAYANK Digitally signed by MAYANK KUMAR KUMAR JAIN Date: 2022.01.07 JAIN 10:37:47 +05'30' all the provisions of Real Estate Regulation Act, 2016, rules, regulation, circulars, order and other guidelines issued by the concerned RERA Authority. h. The percentage of project completion is taken as per formula (total cost incurred/total estimated cost)%. For Mayank Kumar Jain & Co. Chartered Accountants F.R.N. 129961W MAYANK Digitally signed by MAYANK KUMAR KUMAR JAIN Date: 2022.01.07 JAIN 10:38:22 +05'30' Mayank Kumar Jain Membership No. : 130709 Add: B/303, Shiv Vatika, Opp. Sukruti Nagar, Near Sabri School, Nr. Soham Bungalow, Vasna Road, Vadodara, Gujarat, India – 390007 Contact No. : 9726069130 E mail: client.mayank@gmail.com Place: Vadodara UDIN: 22130709AAAAAD1820 Date: January 04th 2022