-€HHAJED & il={"}**F"'i CHARTERED ACCOUNTANTS To, M/s. Sai Ganesh EnterPrises A/9 Balkrishna Apartment, Ghanshyam GuPte Road, Dombivli West - 421202' tndependent Auditors, certificate on Annual Report on Stdtement ol Accounts on proiect fund collection, utilization and promotef) ('Annexure l') lor the period lrom 20th lune, 2024 to withdrowat for M/s sqt 1onesh Enterprlses (the ln Form 5 Mouli ('the projec() hovlng Maho RERA registrotion 37't Morch, 2024 (the financiol yeof) with respect to the Project soi number P57700076648 t. This certificate is issued in accordance with the terms of our engagement" 2. The management of the company has prepared the accompanying statement of accounts (Annexure l) on Project Soi of fund Mouli phase - ll (MahaRERA Registration Number p57700076648) ('the project') which comprises the details 2025 ('the statement'), collection, withdrawal and utilization by the Company for the period 20th Jun e,20241o 31't March, pursuant to the compliance with the provisions of the Real Estate (Regulation and Development) Act, 2016 ("the Act') (Registration of Real Estate Agents, Rates of read along with the Maharashtra Real Estate (Regulation and Development) (MahaRERA authorities), We have attached and signed our certificate to Maharashtra Real Estate Regulatory Authority the Statement to the certificate for identification purposes only' Managements Responsibility for the Statement 3. The extraction, compilation & preparation of details given in paragraph 3 of Annexure I is the responsibility of the relevant supporting Management of the company, including the preparation and maintenance of all accounting and other includes the design, implementation and maintenance of internal registers, records and documents. This responsibility applying an appropriate basis of preparation; control relevant to the preparation and presentation ofthe Statement and and making estimates that are reasonable in the circumstances' 4. The management is also responsible for ensuring that the Firm complies with all the regulatory requirements of the Act this regards) (along-with the relevant Rules and regulations prescribed by Maharashtra Real Estate Regulatory authority in and provides all relevant information to Maharashtra Real Estate Regulatory Authority. 5. This responsibility includes ensuring that the relevant records provided to us for our examination are correct and complete. Audito/s Responsibility 6. pursuant to the requirements of MahaRERA Rules, read together with the clarification on Chartered Accountant December, 2021 issued by the cei-tificates circular no.7/2Afi dated July 4,2077 and the prescribed Form 5 dated 22"d MahaRERA authorities, it is our responsibility to provide a reasonable assurance in the form of an opinion as to whether the statement of the project giving the details of fund collection, withdrawal and utilization for the financial year and with the requirement of the MahaRERA Rules' form commencement of the project till March 37,2025, is in accordairce management of the Firm: 7 . The following documents have been sought by us and have been furnished by the a) copy of audited financial statement for the year ended 31't March 2025; b) Form 3 stating the details of Estimated Costs for the completion of the project signed and accepted by the authorized person of the Company as registered in RERA; c) Copy of the Bank Statement of Dombivli Nagari Sahakari Bank having account No. 015011207944162, for RERA ('the Designated Account'); d) Copies of Form 1, Form 2 and Form 3 issued during the financial year 2024-2025; e) Books of account and other relevant records' MfiN: 131567 8. We have performed the following procedures: - a) Verified that the amount of collections, in respect of the Project, contained in Annexure l, have extracted from the bank statement ofthe Collection Account, audited books of account and other relevant r records and documents of the company for the year ended 31't March,2025; lof2 (El - 421201. Address :213, Jagannath commerce Plaza, Next to Godrej showroom, Manphda Road, Dombivli t +91 8928804061 El dombivli@cndindia.com @ w**.cndindia.com HO: Mumbai I Branches: o Ahmedabad o Bengaluru o Delhi o Marine Lines b) Verified that the total deposits and withdrawals for the Project, as specified in the attached Annexure l, for the financial year 2024-2025 have been accurately extracted from the bank statement ofthe Designated Account and compare with the audited books of accounts and other relevant registers, records and documents of the Company and have been verified on a test check basis; c) Verified that the amounts withdrawn during the yeai from RERA bank account were within the withdrawal limit which were as certified under the relevant Form 1, Form 2 and Form 3 issued during the financial year 2024-2025. d) For forming opinion on the utilization of the amounts withdrawn from designated bank accounts we have verified withdrawals from designated bank account on a test check basis from audited books of accounts, form 3 issued by the project-chartered accountant during the year, total cost of construction incurred and other relevant registers, records and documents of the Company" 9. The audited financial statements referred to in paragraph 7 above, have been audited by us, on which we issued an unmodified audit opinion vide our report dated 30th October 2025 Our audits of these financial statements were conducted in accordance with the Standards on Auditing and other applicable authoritative pronouncements issued bY the lnstitute of Chartered Accountants of lndia. Those Standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. 10" We conducted our examination of the Statement on test check basis in accordance with the Guidance Note on Reports or Certificates for Special Purposes, issued by the Institute of Chartered Accountants of lndia, The Guidance Note Requires that we comply with the ethical requirement of the code of Ethics issued by the lnstitute of Chartered Accountants of lndia. 11. We have compiied with the relevant applicable requirements of the Standard on Quality Control (SQC) 1, Quality Control for Firms that perform Audits and Reviews of Historical Financial lnformation, and Other Assurance and Related Service Engagements. Opinion 12. Based on our examination and work performed as set out in paragraph 8 above, information, explanations and representations provided to us by the Firm's management, we are of opinion that the firnr has complied with the requirements of form 5 which are as specified in paragraph 3 of the statement (Annexure l). Refer Part D of the attached Form 5 for observations, if any, Restriction on Use 13. This certificate is addressed to and provided to the management of the firm solely for the purpose of enabling them to comply with the requirements of MahaRERA Rules, which inter alia required it to submit the statement to the MahaRERA Authorities. Our certificate should not be used for any other purpose or any other person. Our Obligations in respect of this certificate are entirely separate from, and our responsibility and liability are in no way changed by, any other role we may have (or may have had) as auditors of the Company or otherwise. Nothing in this Certificate, or anything said or done in the course of or in connection with the services that are the subject of this certificate, will extend any duty of care we may have in our capacity as auditors of the company. Accordingly, we do not accept or assume any liability or any duty of care for any other purpose or to any other person to whom this certificate is shown or into whose hands it may corne without our prior consent in writing. For CHHAJED & DOSHI Chartered Accountants (Firm Regi. No. 101794W) .f{^vA 1-"-- _/ CA Harshal Sanjay Jain Partner Membership No. 191667 UDIN:25f 91 e e -7B fl :Lr1ND313q Place: Dombivli Date: 30th October 2025 Page ? of 2 -€HHAJED & ##'%l+; CHARTERED ACCOUNTANTS Annexure F FORM 5 (See Regulation 4) oN THE LETTER HEAD OF CHARTERED ACCOUNTANT (WHO rS ANNUAL AUDTTOR OF THE PROMOTER'S COMPANY/FIRM) ANNUAL REPORT OF STATEMENT OF ACCOUNTS. CHARTERED ACCOUNTANT'S CERTIFICATE so f io) a-"2'i To, The Sai Ganesh Enterprises, Kalyan, Thane, MAHARASHTRA, 421201, SUBJECT: Report on Statement of Accounts on project fund deposit, utilization, and withdrawal by Sai Ganesh Enterprises for the period from 20/0612024 to 3110312025 with respect to MahaRERA Registration Number P51700076648. 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 lnterest and Disclosures on Website) Rules, 2017. 2. llVle have obtained all necessary information and explanations from the Promoter, during the course of our audit, which in my/our opinion are Recessary for the purpose of this certificate. 3. l/VVe hereby confirm that l/We have examined tlre prescribed registers, books, and documents, and the relevant records of Sai Ganesh Enterprises for the period ended 3110312025 and hereby certify that: {fr iih * [ r*nru roirsaw\r- ;191657, * MRN;191667 w ^"49 Address 113, J.gr*ath Comme rce Plaza, Next to Godrej Showroom, Manpada Road, Dombivli (E) '421 201- L *gt g92gg04061 El dombivti@cndindia.com @www.cndindia.com HO: Mumbai I Branches: o Ahmedabad o Bengaluru o Delhi o Marine Lines For this Fiscal year To.tal for this project tiil date Total amount collected from allottees 90638004.00 90638004.00 % of Amount to be deposited as per act Amount to be deposited as per act (1 . 2) 63446602.80 63446602.80 Total amount deposited in the Designated Bank Account 88123278.00 88123278.00 % of Amount deposited in Designated Bank Account 4\1fi\.100 Shortfall/Excess deposit (3-4) -24676675.20 -24676675.20 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 Opening Balance of Designated Bank Account Total Deposits 88'133778.00 881337781 .00 Total amount withdrawn 82751439.00 82751439. ,or\ /)+ MRN; I Closing Balance 5382339.00 /e ,,>'11 As specified in the Act, all the amounts withdrawn during the year fromRERA Bank Account were Page 2 of 4 within the withdrawal limit as certified under the relevant Form 1, Form 2, and Form 3 issued during the reporting period? : Yes C. Utilization: We certify that Sai Ganesh Enterprises has utilized the amounts withdrawn from designated bank account towards project cost only, as specified in the act. : yes ffi RK% Page 3 of 4 D. Any Qualifications / Observations of CA Refer Notes to nual ffim w Yours faithfully, *[unru:$rc671* Signature of Chartered Accountant Membership Number: 191667 Name: CHHAJED & DOSHI No3s3q :urrt661BI'1=H Agreed and Accepted by For CHHAJED & DOSHI Signature of Promoter Name: Sai Ganesh Enterprises Date: 2o lrc [ a"li ltvt. t'to.1916671 Page 4 of 4 NOTES TO RERA ANNUAL REPORT STATEMENT OF ACCOUNTS FOR F^Y.2024-25 1 Total amount collected from allottees for the fiscal year means total amount received towards sale of flats/shops less TDS Deducted by the customer and deposited with the income tax department on behalf of the promoter (Rs. 0- ) during the FY 2024-25" 2 Total amount collected from allottees for this project means amount collectedtil 3L/03/2025 towards sale of flats/shops less TDS Deducted by the customer and deposited with the income tax department on behalf of the promoter (Rs. 0/-). 3 Total Deposits for the fiscal year means customer receipts deposited into the RERA Disignated account (70% Account) plus Loan Receipts / Capital Receipts deposited into RERA Designated Account (70% Account) plus pass through income & Taxes deposited into RERA Designated Account (70% Account) during the year Fy ZO24-25. 4 Total Deposits for the the project till date means customer receipts deposited into the RERA Disignated account (70% Account) plus Loan Receipts / Capital Receipts deposited into RERA Designated Account (70% Account) plus Pass through income & Taxes deposited into RERA Designated Account (70% Account) til 3t/03/2025. 5 Total Amount withdrawn for the fiscal year is calculated as under; - Total amount withdrawn from the RERA Designated (70% Account) account during the Fy 2024-25, including withdrawals made for payment of Stamp Duty, GST, and loan repayment / capital repayment, if any received in the RERA Designated (70% Account), 6 Amount withdrawn for the project till date is calculated as under : - Total amount withdrawn from the RERA Designated (70% Account) account tll 3t/03/2025, including withdrawals made for payment of Stamp Duty, GST, and loan repayment / capital repayment, if any received in the RERA Designated (70% Account), 7 We are not able to recognize/match project cost applied for out of advances received from customers since there were loans borrowed and capital introduced during the phase of project.