CA) PRITIRAMESH NIMANI Chartered Accountant 105, BSquare, Next to Shraddha petrol pump College Road, Nashik-422005. Email id: nimanipreeti@yaho0.com Mobile No: 9823016800 FORM -5 [See Regulation 4] ANNUAL REPORT ON STATEMENT OF ACCOUNTS To, KBC GLOBAL LIMITED 2nd Floor, Gulmohar Status, Dr. Munje Road, Samarth Nagar, Above Business Bank, Nashik- 422005, Maharashtra. Subject: Report on Statement of Accounts on project fund utilization and withdrawal by Karda Constructions Limited [Promoter] for the period from 01-04-2020 to 31-03-2021 with respect to MahaRERA Regn. Number P51600001194. 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. Ihave obtained all necessary information and explanation from the Company, during the course of our audit, which in my opinion are necessary for the purpose of this certificate. 3. Ihereby confirm that l have examined the prescribed registers, books and documents, and the relevant records of KBCGLOBAL LIMITED Promoter] for the period ended 31" March 2021 and hereby certify that: M/s. KBC Global Limited _[Promoter] has completed 99.79% of the project titled "HARI SANSKRUTIPHASE I" having MahaRERA Regn. No. P51600001194 located at Survey No S. No. 248/2 to 6/1,2,3,4 PART at Deolaligaon, Nashik, 422101; AND COMPA, fER1 REGD ii6132W NASIIK n arte A) PRITI RAMESH NIMANI Chartered Accountant 105, BSquare, Next to Shraddha petrol pump College Road, Nashik-422005. Email id: nimanipreeti@yaho0.com Mobile No: 9823016800 Amount collected during the year for this project is Rs. 6,27,84,058/- and amounts. collected tilldate of the project is Rs. 46,00,60,752/ Amount which can be withdrawn during the year for this project is Rs. 53,26,83,479/- and amount withdrawn tilldate of this certificate from the designated accounts is Rs. 31,58,46,927/ Net Amount which can be withdrawn from the designated Bank Account under this certificate is Rs. 21,68,36,552/ 4. I certify that the M/s. KBC Global Limited [Promoter] has utilized the amounts collected for "Hari SanskrutiPhase " project only for that project and the withdrawal from the designated bank account(s) of the said project has beenin accordance with the proportion to the percentage of completion of the project. For M/s. PRN & Co, Chartered Accountants FirmRegistration No. 146432W AND CA. Priti Ramesh Nimani Proprietor FIRM cOMPA REGD) ]46432W * NASHIK Membership No: 153336 Accoun UDIN - 24153336BKSRAI4647 Place: Nashik rter d Date: 10/12/2024 Notes: 1. Hari SanskrutiPhase -I Project is registered under MAHA RERA with effect from 27-07 2017. 2. Project completion percentage is calculated on the basis of amount of cost incurred till 31-03-2021 with the total estimated cost of the project as certified by the management and as per Form 3 for the period endedon March 2021. CA) PRITI RAMESH NIMANI Chartered Accountant 105, BSquare, Next to Shraddha petrol pump College Road, Nashik-422005. Email id: nimanipreeti@yahoo.com Mobile No: 9823016800 3. Amount collectedduring the year represents100% of the booking amount received in the separate RERA account maintained with the bank, except few receipts which were deposited in the other Escrow / Collection/ Current Account. 4. Collection from the customers which were deposited in the separate RERA accounts is inclusive of taxes, maintenance deposits, etc. These other receipts are not included in the of reporting under Form 5. Also, collections from customers are shown as net cancellations (if any). incurred on land and 5. Total receipts from customer as compared to the actual cost the Form 3 construction work is on lower side and is within the withdrawal limit as per for the period ended on March 2021 and RERA Regulations. booking amount (net of 6. Amount collected till the date represents total cumulative cancellations) received from the commencement of the project till 31-03-2021. amount withdrawn from the 7. Amount withdrawn during the year represents total separate RERAaccount maintained with the bank. withdrawn from the 8. Amount withdrawn till the date represents total cumulative amount commencement of the project till 31-03-2021. AND FIRM REGD 146432W NASHIk lartered Accour!