VRP & ASSOCIATES Chartered Accountants H.0.: Krishna Villa, Block No. A-29, Opp. Shanti Sagar Apartment, Ulhasnagar - Branch:Shop No. 4, Building No. 14-A, Ashok Nagar, Bhiwandi421 001. Tel.: (0251) 2565992, 2705064, 2567879 - 421 302. Tel.: (02522) 246150 E-mail : vrpcas@@gmail.com Annexure F FORM 5 (See Regulation 4) ON THE LETTER HEAD OF CHARTERED ACCOUNTANT (WHO IS ANNUAL AUDITOR OF THE PROMOTER'S COMPANY/FIRM) ANNUAL REPORT OF STATEMENT OF ACCOUNTS. CHARTERED ACCOUNTANT'S CERTIFICATE Date: 29/09/2025 To, The SABVENTURES, Kalyan, Thane, MAHARASHTRA, 421306, SUBJECT: Report on Statement of Accounts on project fund deposit, utilization, and withdrawal by SAB VENTURES for the period from 22/05/2024 to 31/0312025 with respect to MahaRERA Registration Number P51700056270. 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. I/We have obtained all necessary information and explanations from the Promoter, during the cOurse of our audit, which in my/our opinion are necessary for the purpose of this certificate. 3. I/We herebyconfirm that IWe have examined the prescribed registers, books, and documents, and the relevant records of SAB VENTURES for the period ended 31/03/2025 and hereby certify that: 1203 A. Deposits: For this Fiscal year Total for this project till date 1. Total amount collected from allottees 105719444.00 105719444.00 2. |% of Amount to be deposited as per act 70.00 70.00 3. Amount to be deposited as per act (1 *2) 74003610.80 74003610.80 4 |Total amount deposited in the |Designated Bank Account 73756942.00 73756942.00 % of Amount deposited in 5. Designated Bank Account 69.77 69.77 (4)/(1)°100) 6 Shortfal/Excess deposit (3-4) 246668.80 246668.80 Amount collected/deposited at Sr. No. 1&2 shall not include pass-through charges and indirect taxes. Has the required proportion of money collected from allottees of the project units, as specified in the act, been deposited in the Designated RERA Bank Account? :Yes B.Withdrawals: For this Fiscal year Total for this project till date 1. |Opening Balance of 0.00 0.00 Designated Bank Account 2. Total Deposits 73756942.00 73756942.00 3. Total amount withdrawn 72758988.00 72758988.00 4. Closing Balance 997954.00 997954.00 Asspecified in the Act, all.the amouwithdrawn during the year from RERA Bank Account were Page 2 of 4 within the withdrawal limit as certified under the relevant Form 1. during the reporting period? : Yes Form 2, and Form 3 issued C. Utilization: We certify that SAB VENTURES has utilized the amounts withdrawn from account towards project cost only, as specified in the act. : Yes designated bank WTS: D. Any Qualifications / Observations of CA For the purpose of determining Utilization as per Table C, includes inter alia, Land cost (development Project cost rights), to contractors/vendors towards mobilization of contractual advances paid 1. resources, cost incurredon acquisition of property, plant and equipment, stamp duty ®istration charges paid by the Company on sale of units and pro-rate provision of cost towards purchase of floor space index (FSI)/development rights which has been identified by the 1management and relied upon by us. Further, we have comparedthe project cost incurred with seventy percent of the collections received from customers for the project till March 31, 2025. 2. Where the project cost exceeds the seventy percent of the collections received from the customers for the project till March 31, 2025, it is accepted that the Company has utilized the money collected from customers only for that project Yours faithfully, 1202011! Signature of Chartered Accountant UDIN:25105000BMIBXI1657 Membership Number: 105000 Name: pradeep bijlani Agreed and Accepted by Signature of Promoter Name: SAB VENTURES Date: 29/09/2025