Old Passport Office IT Park, Behind Pankaj Parekh&Co.Chartered Accountants 602-603, Odyssey Opp. Marathe Infotech, Road Thane (W)-400604 No.9, Wagle Estate, 0202 Ph. No.: 2158 1100/2582 9820073229 Email: ppc.pankajpk@gmail.com FORM5 ISee Regulation 4 STATEMENT OF A C C O U N T S REPORT ON ANNUAL M/s Sri Balaji Developers Office No. 104, 1st Floor Tropieal Elite, Station, Opp. Naupada Police Thane (W), 400603. utilization and withdrawal by on statement of Accounts on project fund 31-03-2019 with respect to SUBJECT: Report 01-04-2018 to for the period from M/S Sri Balaji Developers P51700010106. Maha RERA Regn. of the Real Estate issued in accordance with the provisions Maharashtra Real 1. This certif+cate is with the Act, 2016 read along (Regulation and Development) of Real Estate Project, Deve pment) (Registration Estate (Regulation and Interest and Disclosure on Website) Estate Agents, Rates of Registration of Real responsiblity the management. My of financial statements are the Rules, 2017. These on these financial statements based on my an opinion responsibility is to express with auditing standards generally audit in accordance audit. I have conducted my the audit to standards require that we plan and perform in India. Those statements are free of accepted whether the financial assurance about obtain reasonable on test basis, evidence An audit includes examining material misstatement. statements. An audit also amounts and disclosure in the financial supporting the estimates made by includes assessing the accounting principles used and significant as evaluating the overall tinancial statement presentation. the management, as well of our opinion. a reasonable basis We believe that our audit provides information and explanation from the M/s Sri Balaji 2. We have obtained all necessary necessary for the the course of my audit, which my opinion in are Developers., during certificate. purpose of this books and We have examined the prescribed registers, 3. We hereby confirm that, records of Ms Sri Balaji Developers for the period documents, and the relevant and hereby certify that: ended 31.03.2019 (01-04-2018 to 31-03-2019) have completed 30% of the As certified by M/s Sri Balaji Developers,they Tower-14 & 25% of the Tower-13 of the project titled Atlanta Residency located at Thane. Phase-2, Maha RERA Regn. No. P51700010106 this project is Rs. 1. Amount collected during the financial year 2018-19 for 1,02,900/-and amounts collected till date is Rs. 7,13,82,100.65/- PARE H&CO 038946 THANE untant d ACCO Behind Old Passport Office PankaiParekh&Co.Chartered Accountants 602-603, Odyssey IT Park, Opp. Marathe Infotech, Thane (W)- 400604. Road No.9, Wagle Estate, Ph. No.: 2158 1100/2582 0202 9820073229 Email: ppc.pankajpk@gmail.com 2O18-19 for this project is Amount withdrawn during the financial ycar 2,67,28,290.20/-, 111. withdruwn till date is Rs. Rs.20,98,857/- and anount utilized the has not completely that the M/s Sri Balaji Developers We certify 4 Phase-2 project amounts collected for Atalanta Residency the Project is Rs 4,46,53,810/ The amount not utilized for For Pankaj Parekh & Co Firm Regn Number -107359W Chartpred Accountant Pankaj Parekh, /Proprietor Membership No: 38946 Place: Thane Date: 30.12.2021 UDIN: 21038946AAAAFH7850 PAREK H& CO M. No. 038946 THANE Chartere0 SIuelu Accou Pankaj Parekh& Co. 602 603, Odyssay 1T Park, Rehind Od Passport Office Char tered Accountants Opp Marathe Infotech, Rod No 9 Wagte Estate, Thane (W) A(0604 Ph No 2158 1100/ 2582 0202 9820073229 Email: ppc pankajpkagmail.com Form No. 5 Notes Forming Part of Audit Report 7/2017 In accordance with Explanation Clarification / provided vide circular No 1. to certify MahaRera, Auditor is required dated 4th July 2017 issucd by account The from customer in separate utilization of 70 % of funds collected funds calculating the 2018 and hence while financial year starts from 1" April 2018-19 is taken funds realized during FY realized from customers 70 % of total in to account. vide circular No/ 2. In accordance with Explanation Clarification provided to certify MahaRera Auditor is required 7/2017 dated 4th July, 2017 issued by , account. The utilization of 70 % of funds collected from customer in separate of the Project collection till date means collectionfrom customer since inception the funds till 31-03-2019 i.e closure financial year and hence while calculating of % of total funds realized since inception realized from customers till date, 70 till 31-03-2019 is taken in to account. For Pankaj Parekh & Co 107359W Firm Regn Number - Chastered Accountant IdPankaj Parekh, Proprietor Membership No : 38946 Place: Thane Date: 30.12.2021 UDIN: 21038946AAAAFH7850 PAREK & C M. No. 038946 THANE itord ourt2