We have audited the attached Balance Sheet of East Buildtech Ltd. as at
 31st March 2012, and Statement of Profit & Loss Account and the Cash
 flow statement for the year ended on that date annexed thereto.
 
 These financial statements are the responsibility of the Company''s
 Management. Our responsibility is to express an opinion on these
 financial statements based on our audit.
 
 We conducted our audit in accordance with auditing standards generally
 accepted in India. These Standards require that we plan and perform the
 audit to obtain reasonable assurance about whether the financial
 statements are free of material misstatement. An audit includes
 examining, on a test basis, evidence supporting the amounts and
 disclosures in the financial statements. An audit also includes
 assessing the accounting principles used and significant estimates made
 by management, as well as evaluating the overall financial statement
 presentation. We believe that our audit provides a reasonable basis for
 our opinion.
 
 As required by the Companies (Auditor''s Report) (Amendment) Order, 2004
 issued by the Central Government of India in terms of section 227(4A)
 of the Companies Act, 1956, we enclose in the Annexure, a statement on
 the matters specified in paragraphs 4 & 5 of the said Order.
 
 Further to our comments in the Annexure referred to above, we report
 that:
 
 i) We have obtained all the information and explanations, which to the
 best of our knowledge and belief were necessary for the purposes of our
 audit.
 
 ii) In our opinion, proper books of account as required by law have
 been kept by the company so far as it appears from our examination of
 those books.
 
 iii) The Balance Sheet and Statement of Profit & Loss Account and Cash
 Flow Statement dealt with by this report are in agreement with the
 books of account.
 
 iv) In our opinion, the Balance Sheet and Statement of Profit & Loss
 Account and Cash flow statement dealt with by this report comply with
 the Accounting Standards referred to in the Companies (Accounting
 Standards) Rules 2006 issued by the Central Government in exercise of
 the power conferred under sub-section (1) (a) of section 642 of
 Companies Act 1956, to the extent applicable.
 
 (v) On the basis of the written representations received from the
 Directors as on 31st March, 2012 and taken on record by the Board of
 Directors, we report that none of the Directors is disqualified as on
 31st March, 2012 from being appointed as a Director in terms of Clause
 (g) of Sub-section (1) of Section 274 of the Companies Act, 1956.
 
 (vi) In our opinion and to the best of out information and according to
 the explanation given to us, the said accounts give the information
 required by the Companies Act 1956, in the manner so required and give
 a true and fair view in conformity with the accounting principles
 generally accepted in India:
 
 (i) in the case of Balance Sheet of the State of Affairs of the Company
 as at 31st March, 2012.
 
 (ii) in the case of Statement of Profit & Loss of the Profit for the
 year ended on that date.
 
 (iii) in the case of Cash Flow statement of the Cash Flows for the year
 ended on that date.
 
          
 ANNEXURE TO THE AUDITORS'' REPORT
 
 1.  (a) The Company has maintained proper records showing full 
 particulars including quantitative details and situations of 
 fixed assets.
 
 (b) The Company has a programme of physical verification of its fixed
 asset which, in our opinion, is reasonable having regard to the size of
 the Company and nature of its assets.
 
 (c) No substantial part of fixed Assets were disposed off during the
 year affecting the principle of going concern.
 
 2.  (a) The stock of saleable commercial space has been physically
 verified at the reasonable interval by the, management during the year.
 In our opinion, the frequency of such verification is reasonable.
 
 (b) The procedures for the physical verification of saleable commercial
 space followed by the management are, in our opinion, reasonable and
 adequate in relation to the size of the company and nature of its
 business.
 
 (c) In our opinion, the company is maintaining proper records of
 inventory. Minor discrepancies have been noticed on physical
 verification of inventory which have been properly accounted for.
 
 3.  The Company has not accepted/granted any unsecured loan from/to
 Company, Firms or other Parties listed in the register maintained under
 section 301 of the Companies Act, 1956.  Therefore no comments are
 being offered as to the rate of interest, terms & conditions,
 repayments, overdue etc.
 
 4.  In our opinion and according to the information and explanations
 given to us during the course of audit, there are adequate internal
 control procedures commensurate with the size of the Company and nature
 of its business.
 
 5. (a) Based upon the audit procedures applied by us and according to
 the information and explanations given to us, we are of the opinion,
 that transactions required to be entered into the register maintained
 under section 301 of the Companies Act, 1956, have been so entered.
 
 (b) In our opinion and according to the information and explanations
 given to us during the course of audit, the transactions made in
 pursuance of contracts or arrangements entered in the register
 maintained under section 301 of The Companies Act, 1956 and aggregating
 during the year Rs. 5 Lakhs or more have been made at prices which are
 reasonable having regard to prevailing market price, where such market
 prices are available.  However no such transaction took place during
 the year.
 
 6.  The Company has not accepted any deposits from the public within
 the meaning of section 58A, 58AA or any other relevant provisions of
 the Companies Act, 1956 and Companies (Acceptance of Deposits) Rules,
 1975.
 
 7.  According to the information and explanation given to us company
 has an in house internal audit system which in our opinion commensurate
 with the size and nature of its business.
 
 8.  The Company is required to maintain the cost record, under clause
 (d) of sub-section (1) of section 209 of the Companies Act, 1956. Which
 are as explained to us, under compilation. We are however not required
 to make a detailed examination of such books and records.
 
 9.  (a) In our opinion, the company is regular in depositing undisputed
 statutory dues including Provident Fund, and other statutory dues with
 the appropriate authorities. There are no arrears of outstanding
 statutory dues as at the last day of the financial year for more than
 six months.  
 
 (b) In our opinion and according to the information and explanation 
 given to us during the course of audit, no dispute is pending with 
 regard to sales tax, income tax, custom duty, excise duty.
 
 10.  In our opinion the company has no accumulated losses at the end of
 the financial year and it has not incurred cash losses in the current
 and immediately preceding financial year.
 
 11.  In our opinion, and according to the information and explanations
 given to us, the company has not defaulted in repayments of dues to any
 financial institution or bank.
 
 12.  The Company has not granted loans and advances on the basis of
 security by way of pledge of shares and other securities.
 
 13.  The Company does not fall within the category of chit
 fund/Nidhi/Mutual Benefit fund / Society and hence related reporting
 requirements are not applicable.
 
 14.  According to the information and explanation given to us, the
 company is not dealing or trading in shares, securities, debentures and
 other investments and hence related reporting requirements are not
 applicable.
 
 15.  According to the information and explanations given to us, the
 Company has not provided guarantee of any type for loans taken by
 others.
 
 16.  The Company has not taken any Term Loans hence the related
 reporting requirement of the order is not applicable.
 
 17.  According to the information and explanations given to us, the
 funds raised in the previous year by the Company on short term basis
 has not been applied for long term purposes.
 
 18.  The Company has not made any preferential allotment of shares to
 parties covered in the register maintained under section 301 of the
 Companies Act 1956.
 
 19.  The Company has not issued debentures of any type during the
 financial year.
 
 20.  The Company has not raised any money by public issue during the
 financial year.
 
 21.  Based on our examination of the books and records of the Company
 and according to information and explanations given to us, no fraud on
 or by the Company have been noticed.
 
 
                                              For DOOGAR & ASSOCIATES
                                                CHARTERED ACCOUNTANTS 
                                              Firm Reg. No. - 000561N
 
                                                         MUKESH GOYAL 
                                                          MG. PARTNER 
                                                         M.No. 081810
 
 Place: New Delhi 
 Date : 30.07.2012