PRITI RAMESH NIMANI Chartered Accountant 105, B Square, Next to Shraddha petrol pump College Road, Nashik-422005. Emailid: nimanipreeti@yahÍo.com Mobile No: 9823016800 FORM -5 [See Regulation 4] ANNUAL REPORT ON STATEMENT OF ACCOUNTS To, KBCGLOBAL 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 01-04-2021 to 31-03-2022 with respect to MahaRERA Regn. Number P51600001194. 1. This certificate is isued 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. I have 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. I herebyconfirm that Ihave examined the prescribed registers, books and documents, and the relevant records of KBC GLOBAL LIMITED Promoter] for the periodended 31* March 2022 and hereby certify that: M/s. KBC Global Limited [Promoter] has completed 99.79% of the project titled "HARI SANSKRUTI PHASE " having MahaRERA Regn. No. P51600001194 located at Survey No S. No. 248/2 to 6/1, 2,3,4 PART at Deolaligaon, Nashik, 422101; A N D RIGD) 16132W CA) PRITI RAMESH NIMANI Chartered Accountant 105, BSquare, Next to Shraddha petrol pump College Road, Nashik-422005. Emailid: nimanipreeti@yahoo.com Mobile No: 9823016800 collected Amount collected during the year for this project is Rs. 2,50,68,82 0/-and amounts. tilldate of the project is Rs. 47,40,60,150/ Amount which can be withdrawn during the year for this project is Rs. 53,37,69,891/- and amount withdrawn tilldate of this certificate from the designated accounts is Rs. 32,46,31,991/ Net Amount which can be withdrawn from the designatedBank Account under this certificate is Rs. 20,91,37,900/ 4. lcertify that the M/s. KBC Global Limited [Promoter] has utilized the amounts collected for "Hari SanskrutiPhase I project only for that project and the withdrawal from the designated bank account(s) of the said project has been in accordance with the proportion to the percentage of completion of the project. For this we have relied on information given by magagment of the company. For M/s. PRN & Co. Chartered Accountants Firm Registration No. 146432W FIR1 RECD 14613211 CA. Priti R. Nimani NASHIIk Proprietor Membership No: 153336 (ercd Accou UDIN -24153336BKSRAJ3068 Place: Nashik Date: 11/12/2024 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 31-03-2022 with the total estimated cost of the project as certified by the management and as per Form 3 for the period ended on March 2022. PRITI RAMESH NIMANI Chartered Accountant 105, BSquare, Next to Shraddha petrol pump College Road, Nashik-422005. Email id: nimanípreetípyahooson Mobile No: 9823016800 3. Amount collected during the year represents 100% 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 RERAaccounts is inclusive of taxes, maintenance deposits, etc. These other receipts are not included in the reporting under Form 5. Also, collections from customers are shown as net of cancellations (if any). 5. Total receipts from customer as compared to the actual cost incurred on land and construction work is on lower side and is within the withdrawal limit as per the Form 3 for the periodended on March 2022 and RERA Regulations. 6. Amount collected till the date represents total cumulative booking amount (net of cancellations) received from the commencement of the project till 31-03-2022. 7. Amount withdrawn during the year represents total amount withdrawn from the separate RERA account maintained with the bank. 8. Amount withdrawn till the date represents total cumulative amount withdrawn from the commencement of the project till 31-03-2022. NDCc 146-32 ASHIK arterco