LADDHA & LADDHA Office No.103, Eco Heights, Chartered Accountants Shri Nityanand Co-Op Hsg. Society ttd. Swami Nityanand Marg, Sahar Road, Andheri (E) Mumbai: 400069. Tel: 8976241656. E-Mail: !addhaandladdha@gmai!.com FORM 5 [see Regulation 4] ANNUAL REPORT ON STATEMENT OF ACCOUNTS To, H RishabrajRealty, 103, Jai Tirth CHS Ltd., Road No.10, Daulat Nagar, Borivali East, Mumbai: 400066 Subiect Report on Statement of Accounts on project fund utilization and withdrawal by H Rishabraj Realty for the period from 31/10/2023 to 31./03/2024 with respect to Maha RERA Regn. Number P51 800053420. - RISHABRAJ ARADHANA 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 Company, 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 H Rishabraj Realty for the period ended 31./03/2024 and hereby certify that: A. Deposits: Sr. No. For this Fiscal year Total for this proiect till date 7 Total amount collected from allottees 7,20,57,587 1_,20,57,587 2 % of amount to be deposited as per act 70% 70% J Amount to be deposited as per act (1& 2) 84,40,3Lt 94,40,3L1 4 Total amount deposited in the 94,40,377 84,40,31L Designated Bank Account 5 % of Amount deposited in Designated 70% 70Yo Bank Account [(a)/ (1).100] 6 Shortfall/ (Excess) Deposit (3-4) 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? Generally, Yes & Refer Para'D'. If No Please mention the amount not deposited & L4 <( I J cn * .< E B. Withdrawals Sr. No. For the Fiscal year Total for this proiect till date 1 Opening Balance of Designated Bank Account 2. Total Deposits 84,40,3L'J. 84,40,3L7 ., Total amount withdrawn 80,55,381 90,55,391 4 Closing Balance 3,84,930 3,84,930 As specified in the Act, All the amount withdrawn during the year form RERA Bank Account were within the withdrawal limit as certified under the relevant Form L, Form 2 and Form 3 issued during the reporting period? Yes If No Please provide the below details:- Sr. No. Date of withdrawal Amount of Excess Withdrawals NIL C. Utilization: We certify that, the H Rishabraj Realty has utilized the amounts withdraw from designated bank account towards project cost only, as specified in the act. If No Please provide the below details:- Sr. No. Date of withdrawal Amount not utilized for Proiect Cost NIL D. Any Qualifications/Observations of CA "l TDS deducted on Flat Cost by the Customers has not been considered as collection in Table A since it is not received in Bank Account. Yours Faithfully For Laddha & Laddha Chartered Accountants Agreed and Accepted by: (F.R.N.:116830W) /- Rc/u