JOSHI CHHADVA & CO LLP
                                               CHARTERED ACCOUNTANTS



                                 FORM 5 [see Regulation 4]
                      ANNUAL REPORT ON STATEMENT OF ACCOUNTS
                         CHARTERED ACCOUNTANT’S CERTIFICATE
                                                                     Date: 15.11.2024


To,
M/s. Anushka Developers,
Arya Group, Shop No. 5, 8, Randhir Vihar Society
Lalashet Compound, Near Syndicate Bank,
Bhandup (W), Mumbai – 400 078


SUBJECT: Report on Statement of Accounts on project fund utilization and withdrawal by
M/s. ANUSHKA DEVELOPERS for the period from 26th April,2019 (date of actual start of
construction - Commencement Certificate date is 2nd April, 2019) for the period from 01st
April, 2023 to 31st March, 2024 with respect to MahaRERA Regn. Number: P51800020573
(Project Name: Arya Greens)


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 firm, 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 M/s. ANUSHKA DEVELOPERS for the year ended
31st March 2024 and hereby certify that:




Office: 20, Ramchandra Premises CHS, Char Rasta, Manpada Road, Dombivli (E) 421201
Email: client.jccllp@gmail.com
A) Deposits:

Sr.     Particulars                                    For this Fiscal Total for this
No.                                                    Year               project till date
  1     Total amount collected from allottees            19,49,07,885        29,83,86,591
  2     % of amount to be deposited as per Act                70%               70%
  3     Amount to be deposited as per Act (1*2)          13,64,35,520        20,88,70,613
  4     Total amount deposited in the designated              28,50,988       6,32,66,599
        Bank Account
  5     % of Amount deposited in Designated Bank            1.46%             21.20%
        Account [(4)/ (1) *100]
  6     Shortfall/(Excess) Deposit (3-4)                 13,35,84,532        14,56,04,014



Has the required proportion of money collected from allottees of the project units, as
specified in the act, deposited in the Designated RERA Bank Account?
Ans: No, the promoters have not deposited required proportion of amount collected in
designated account hence there is short fall.




B) Withdrawals:

Sr.     Particulars                                    For this Fiscal Total for this
No.                                                    Year               project till date
  1     Opening Balance of Designated Bank Account            32,375.00                   0
  2     Total Deposits                                   28,50,988.10      6,32,66,599.70
  3     Total amount withdrawn                           28,82,265.50      6,32,65,502.10
  4     Closing Balance                                        1,097.60           1,097.60



As specified in the Act, All the amounts withdrawn during the year from RERA Bank Account
were within the withdrawal limit as certified under the relevant Form 1, Form 2 and Form 3
issued during the reporting period?

Ans: Yes.
C) Utilisation:

We certify that, M/S. ANUSHKA DEVELOPERS has utilized the amounts withdrawn from
designated bank account towards project cost only, as specified in the act.



D) Any Qualification /Observation:

   No additional Qualification/observations




For Joshi Chhadva & Co LLP
Chartered Accountant




CA Chandresh Chhadva
Partner
M.No. 600449
FRN No. W100840
UDIN: 25600449BMMHIV1530
Date:- 15th November 2024



Agreed and accepted by:
For M/s. Anushka Developers




Partner
Name: Nitin Kshirsagar
Date: 15/11/2024