Form – 2

                                      [See Regulation 3]

                                     Engineer’s Certificate

(To be submitted at the time of Registration of Ongoing Project and for Withdrawal of
Money from Designated Account – Project Wise)
                                                                      Date: 01/07/2024

To,

The M/s. Velvet Infra (Prop. Kamalkumar Agrawal),

Plot No.62/1, Somalwada, Nagpur

Subject: Certificate of Cost incurred for Development of THE VELVET having MahaRERA
Registration Number ______________ being developed by M/s Velvet Infra (Prop. Shri
Kamalkumar Satyanarayan Agrawal).

Sir,

1. I/We ASHISH A SHIWARKAR FOR AAJ ENGINEERS AND CONSULTANTS PVT LTD have
undertaken assignment of certifying Estimated cost for THE VELVET having MahaRERA
Registration Number ____________ (Only Applicable after project Registration) being developed
by M/s Velvet Infra (Prop. Shri Kamalkumar Satyanarayan Agrawal).

2.We have estimated the cost of Civil, MEP and Allied works required for completion of the
apartments and proportionate completion of internal & external works of the project as per
specifications mentioned in agreement of sale. Our estimated cost calculations are based on
the drawings/plans made available to us for the project under reference by the
Developer/Consultants. The schedule of items and quantity required for the entire work as
calculated by _________ Quantity Surveyor* appointed by Developer/Engineer, the assumption
of the cost of material, labour and other inputs made by the developer, and the site inspection
carried out by us to ascertain/confirm the above analysis given to us.

3.We estimate Total Estimated Cost of completion of the aforesaid project under reference at
Rs _____ (Total of Table A and B) at the time of registration. The estimated Total cost of project
is with reference to the Civil, MEP and allied works required for completion of the apartments
and proportionate completion of internal & external works of the project as per specifications
mentioned in agreement of sale and for the purpose of obtaining occupation
certificate/completion certificate for the Buildings/ Wings/Layout/Plotted Development from
the ______ being the planning Authority under whose jurisdiction the aforesaid project is being
implemented.

4. The estimated cost incurred till date is calculated at Rs. 84731220/- (Total of Table A and B).
The amount of Estimated cost incurred is calculated on the basis of input materials/services
used and unit cost of these items.

5.The balance cost of completion of the Civil, MEP and allied works required for completion of
the apartments and proportionate completion of internal & external works of the project as
per specifications mentioned in agreement of sale, of the Project is estimated at Rs.
152199000/- (Total of Table A and B)

6. I certify that the cost of the Civil, MEP and allied works for the apartments and proportionate
internal & external works, as per specifications mentioned in agreement of sale, of the
aforesaid Project as completed on the date of this certificate is as given in Table A and B below:




                               TABLE A

Building/Wing/Layout/Plotted Development bearing Number___ or called ___

(to be prepared separately for each Building /Wing/Layout/Plotted Development of the Real
Estate Project)

 Sr.   Particulars                                                Amounts
 No.

 1.    Total Estimated cost of the buildings/wings as on date 23,69,30,220/-
       of Registration is

 2.    Cost incurred as on date of certificate                    8,47,31,220/-

 3.    Work done in Percentage                                    35.76%
       (as Percentage of the estimated cost)

 4.    Balance Cost to be Incurred**                              15,21,99,000/-
       (Based on Estimated Cost)

 5.    Cost Incurred on Additional /Extra Items                   0
       not Included in the Estimated Cost (Table - C)