A. Deposits:

                                                For this Fiscal Year      Total for this project till
                                                                          date
        1      Total amount collected from      5,75,85,850               5,97,64,875/-
               allottees
        2.     % of amount to be deposited      70%                       70%
               as per act
        3.     Amount to be deposited as        4,03,10,095               4,18,35,412.50/
               per act (1*2)
        4      Total amount deposited in        3,78,95,095               3,78,95,095/-
               the Designated Bank
               Account
        5      % of Amount deposited in         66%                       63.40%
               Designated Bank Account
               [(4)1(1)* 100]
        6      Shortfall/Excess deposit (3-4)   22,05,000                 39,40,318

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, deposited in the Designated RERA Bank Account? (Yes / No)

If No. Please mention the amount not deposited.

B. Withdrawals

                                                For this Fiscal Year      Total for this project till
                                                                          date
        1      Opening Balance of               NIL                       NIL
               Designated Bank Account
        2      Total Deposits                   3,78,95,095.00            3,78,95,095.00
        3      Total amount withdrawn           3,76,59,894.18            3,76,59,894.18
        4      Closing Balance                     2,35,200.82               2,35,200.82

 As specified in the Act, All the amounts withdrawn during the year from RERA Bank Account were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 I, Form 2 and Form 3 issued during
the reporting period? (Yes / No)

If No, Please provide the below details:-

       S.No.                 Date of withdrawal                    Amount of Excess
                                                                   Withdrawals
C. Utilisation

We certify that, the Nivara Infradevelopers LLP has utilized the amounts withdrawn from
designated bank account towards project cost only, as specified in the act.

If No, please provide the below details:-

       S.No.                 Date                   Amount not utilised for Project Cost


If No, please provide the below details:-

D. Any Qualification/ Observations of CA

       1         There is shortfall as mentioned in A(6) of the certificate as on 31.03.2024. The
                 said shortfall has been covered by depositing the said amount on 24.05.2024
       2
       3
       4




                                                                                    Yours Faithfully,
                                                                                          Digitally signed
                                                                             PRASAD by PRASAD
                                                                             DAMODAR DAMODAR
                                                                                      VELANKAR
                                                                             VELANKAR Date: 2024.05.25
                                                                                      15:34:45 +05'30'

                                                               Signature of Chartered Accountant

                                                                      (Prasad Damodar Velankar)

                                                                        (Membership No: 048992)

                                                                   UDIN: 24048992BKCQXY9061




Agreed and Accepted by:



Signature of Nivara Infradevelopers LLP
   PRASAD Digitally
            PRASAD
                     signed by


   SHANTAR PATIL
            SHANTARAM


   AM PATIL Date: 2024.05.25
            15:35:20 +05'30'

Name: Mr. Prasad S Patil



Date: 25-05-2024