RAHULP PATIL& COMPANY (CHARTERED ACCOUNTANTS) FORM 3 [see Regulation 3] CHARTERED ACCOUNTANT'S CERTIFICATE (Q- 2 FOR FY. 2020-21 ) FOR REGISTRATION OF A PROJECTAND SUBSEQUENT WITHDRAWAL OF MONEY Mangalam lnfra) Cost of Real Estate Project Registration Number: Ritesh Suresh Lalwani (Authorised Partner (Project : Mangalam Park) Amount Sr. No. Particulars (Rs.) Estimated Incureed 1 i. Land Cost 3200000 3200000 a. Acquisition cost of land or development Rights, lease premium, lease rent, interest cost incurred or payable on land cost and legal cost 206550 206550| b. Amount on premium payable to obtain development rights, FSI, additional FSI, Fungible area, and any other incentive under DCR from local authority or state government or any statutory authority c. Acquisition cost of TDR (if any) 148161 148161 d. Amounts payable to state government or competent authority or any other statutory authority of the state or central government towards stamp duty, transfer charges, registration fees etc; and f. Land premium payable as per annual statement of rates (ASR) for redevelopment of land owned by public authorities. g. Under Rehabilitation Scheme: 0 (i) Estimated construction cost of rehab building including site development and infrastructure for the same as certified by engineers. 0 (ΓΌ) Actual cost of construction of rehab building incurred as per the books of accounts as verified by the CA DIST:- JALGAON 425508 Office: 461-2 CHAURAYA CHAUK, MAIN ROAD RAVER, TAL:- RAVER Rahulp Mob: 8855964798 Email: carahulpatil1@gmail.com M.No. 16 830 Accou t a n t Note:[for totalcost of construction incurred, Minimum of (i)or (i) is to be considered) (ii) Cost towards clearance of land of all or any encumbrances including cost of removal or legal/illegal occupants,cost for providing temporary transit accommodation or rent in lieu of transit accommodation, overhead cost, (iv) Cost of ASR linked premium, fees, charges and security deposits or maintenance deposit or any amount whatsoever payable to any authorities towards and in project rehabilitation. Sub Total of Land Cost 3554711 3554711 ii Development Cost / Cost of Construction a. (i)Estimated cost of construction as certified by engineer 201386880 NIL (i) Actualcost of construction incurred as per the books NIL 4748546 of accounts as verified by the CA Note: (for adding to total cost of construction incurred, minimum of (i) or (ii) is to be considered) (ii) on-site expenditure for development of entire 45312048 1124843.14 project excluding cost of construction as per (i) above i.e. salaries, consultants fees, site overheads, cost of services (Including water, electricity, sewerage), cost of machinery and equipment including its hire and maintained cost consumables etc. all cost directly incurred to complete the construction of the building/wings of the project registered b. Payment of taxes,cess, fees charges, premium, interest 1479961 0 etc to anystatutory authority c. Principal same interest payable to financial institutions, schedule bank, non banking financial institutions (NBFC) or money lenders on constructions funding or money borrowed for constructions: Sub Tot:al of Development Cost 248178389 5873389.34 MNO. NO. I683 Aco untan 2Total Estimated cost of the RealEstate Project 251733600 NIL (0 +1 (0] of Estimated Column 9428100 3Total Cost incurred of the Real Estate Project 0+1(i)] of lncurred Column 4% completion of construction work (as per project architects certificate) 3.75 % sProportion of the cost incurred on land cost and construction cost to the total estimated cost (3/2 %) 9428100 6 Amount which can be withdrawal from the designated account total estimated cost* praporation of cost incurred (Sr. numbers 2* Sr, number 5) 1701137 Less: Amount withdrawn tilldate of this certificate as per the books of accounts and bank statement 7726963 bank Net amount which can be withdrawn from the designated account under this certificate company This certificate is being issued for RERA compliance for the (promoter's name) and is this on the records and documents producedbefore me and explanations provided to me by the management of the company Agreed 8/Accepted By |Yours Faithfully Signature of the chartered Accountant Rites/surdsh lalwani (Membership Numbe 166830 ) P |Autbrised Partner Mahgalam Infra RAHUL P PATIL & COMPANY Date. 15.09.2023 CHARTERED ACCOUNTANTS M.No. 16 830 UDIN 23166830BGWNIRS807 Date: 15.09.2023 Ccounta Notes: 1)Estimated cost of construction is declared by the assesee certain documents/vouchers etc provided by the assesee l2) Actual cost incurred is based on the bank accounts and 3) Assesse owned single project issuing this certificate till 30.09.2020 4) Allthe financials transactions consldered for S) This Form 3 Is prepared for the period ended 30.09.2020 (Q-2 FY 2020-21) | data & Information provided by the promotor, due to ceratain 6) Thiscertificate ls preapred based on the financlal amount is used from the designated accounts is solley inhereent limitsof verlfcatlon we cant assured that whole the for the purpose of constructlon activity only.