MOBILE :- 8390766195 CHARTERED ACCOUNTANTS PHONE :- 0712-3567416 31 1 GIIATATE C IIAMIIEIIS , rANCIISIIEEL SQUA RE , IIAMDASPETII, NAGrll ll- 440012 Anncxurc D FORM-3 (Sec Regulation 3) CHARTER ED ACCOUNT ANT'S CERTIFIC ATE To, UDIN: 25043238BMOYEL9188 MR. PRASANTA P. MISHRA DIRECTOR, RPM INFRA VENTURES PRIVATE LIMITED, Flat No. 301, Park Residency, Plot No. 6, Raj Nagar, Katol Road, Nagpur- 440013. Subject : Certificate of Financial Progress of Work of the one and only buildiflg of the Project named as SHREE KRUPA having MahaRERA Registration Number : P50500078347 being developed by RPM INFRA VENTURES PRIVATE LIMITED. Sir, This certificate is being issued for RERA compliance for the one and only building and of the Project SHREE KRUPA having MahaRERA Registration Number : P50500078347 being developed by RPM INFRA VENTURES PRIVATE LIMITED and is based on the records and documents produced before me and explanations provided to me by the management of the Company. Table A- Estimated Cost of the Project (at the time of Registration of the Project) Sr. Estimated Cost No. PARTICULARS (At the time of Registration of Projec1) (I ) (2) (3) I. i. LAND COST: a. Value of the land as ascertained from Annual Statement of Rates (ASR). 1,52,00,000/- Estimated Amount of Premium payable to obtain development rights, FSI, b. additional FSI, fungible area, and any. other incentive under OCR from Local 33,37,7 10/- Authority or State Government or any Statutory Authority. c. Estimated Acquisition cost ofTDR (if any) - NIL- Estimated Amounts payable to State Government or competent authority or any d. other statutory authority of the State or Central Government, towards stamp duty, 28,67,284/- transfer charges, registration fees etc. Estimated Land Premium payable as per annual statement of rates (ASR) for e. redevelopment - NIL- of land owned by public authorities. f. Under Rehabi litation scheme: Estimated construction cost of rehab bui Iding including site development (i) - NIL - and infrastructure for the same as certified by Engineer. Estimated Cost towards clearance of land of all or any encumbrances includ ing cost of removal of legal/illegal occupants, cost for providing temporary transit accommodation or rent in lieu of Transit Accommodation, (ii) -NIL- overhead cost. amounts payable to slum dwellers. tenants, apartment owners or appropriate authority or government or concessionaire which are not refundable and so on. Estimated Cost of ASR linked premium, fees, charges and security deposits (iii) or maintenance deposit, or any amount whatsoever payable to any - NJL - authorities towards and in project of rehabi litation. (iv) Any. other cost includ!ng interest__est!7~ - ___ ~ ng d(?ne specificall y for construction ofrehabil1tat10 ~ Kl-{ ,_, - N IL- Sub-Total of LAND COST / <:>/ -~ ~ o\ ~:'L""Y..,,? - - )~) ';• -- ,\-'0 ~ ""-""' 2,14,04,994/- £.([).9rf.V ner the 0 (b) -NIL- books of accounts as verified by the CA. ~QARK~ 9 ·,, ... C'()\ . ✓ ,. . .:• \\ C',,,, '1 /;-/ ,.; • °/ ~.~... -Irr f RED ACCO'S~/ . Page -~ of6 -- - _,..,;· MODILE :-8390766195 CHARTERED ACCOUNTANTS PHONE :- 0712-3567-'16 311 GIIATATE CIIAMDERS, PANCIISIIEELSQUARE , RMIDASPETll , NAG PIIR- H00ll Incurred Expenditure towards clearance of land of all or any encumbrances including cost of removal of legal/ illegal occupants, cost for providing temporary transit accommodation or rent in lieu of Transit (ii) - NIL- Accommodation, overhead cost, amounts paid to slum dwellers, tenants, apartment owners or appropriate authority or government or concessionaire which are not refundable and so on. Incurred Expenditure toward ASR linked premfom, fees, charges and (iii) security deposits or maintenance deposit, or any amount whatsoever - NIL- paid to any authorities towards and in project of rehabilitation (iv) Any other cost including interest incurred on the borrowing done specifically for construction of rehabilitation component. - NIL - Sub-Total of LAND COST 1, 16,29,539 2. DEVELOPMENT COST/ COST OF CONSTRUCTION: (i) Expenditure for construction. Minimum of (a) and (b) to be considered - NIL- Construction cost incurred including site development and infrastructure (a) 2,60,72,112/- for the same as certified by Engineer. Actual Cost of construction incurred as per the books of accounts as (b) 1, 13,52, 183/- verified by the CA. Cost incurred on additional items not included in estimated cost. (ii) - NIL- (As per engineer certificate) Incurred Expenditure for development of entire project excluding cost of construction as per (i) above, i.e. salaries. consultants fees, site overheads, development works, cost of services (including water_. electricity, sewerage, (iii) drainage, layout roads etc.), absorbed cost (attributable to this project) of 2,63,950/- machineries and equipment including its hire and maintenance costs, consumables etc. All costs incurred to complete the construction of the entire phase of the project registered. Incurred Expenditure towards Taxes, cess, lees, charges, premiums, interest etc. (iv) payable to any Statutory Authority. Incurred Expenditure towards Interest to Financial institutions, scheduled banks, (v) non-banking financial institution (NBFC) or money lenders on construction - NIL- funding or money borrowed for construction. Sub-Total of DEVELOPMENT COST I, 16, 16, 133/- 3. TOTAL COST OF THE PROJECT (Incurred 11s on date or certificate) 2,32,45,672/- Proportion of the Cost incurred on Land Cost and Construction 4. 43.92% Total Cost to the Tot11l Estimated Cost (Table A). 5. Amount which can be withdrawn from the Designated Account. 2,32,45,672/- 6. Less: Amount withdrawn till date of this certificate from the Designated Account. 8,90,000/- Net Amount which cnn be withdrnwn from the Designated Bank Account under 7. 2,23,55,672/- this certificate. * Pass through charges or indirect ta,xes not included in incurred cost of project Table C Page3 of6 MOBILE :-8390766195 CHARTERED ACCOUNTAN TS PHONE :- 0712-3567416 ll I GIIATATE CIIAMOERS, PA NCIISII EEL SQ UAR E , RAMDASPETH , NAGP II R- '40012 Statemen t for calculation of Receivables from the Sales of the Real Estate Project Sold Inventory S. No. Carpet Arca Unit Consideration as per Received Balance Flat No. (in. sq. mtrs) Agreement/Letter of Allotment Amount Receivables (I ) (2) (3) (4) (5) (6) I 102 85 .763 - NIL - (A llotted to Land Owner) 0.00 0.00 2 202 85.763 - NIL - (Allotted to Land Owner) 0.00 0.00 TOTAL 171.526 - NIL - (A llotted to Land Owner) 0.00 0.00 * Unit considerati on as per agreement/letter of allotment and amount received does not include pass through charges and indi rect taxes. Unsold Inventory Ready Recknor Rate as on the date of Certificate of th e Residential / Commercial premises is Rs. 45,580/- per sq. mtrs. Unit Status S. No. Carpe t Arca Considera tion (Booked/Un sold) Flat No. (in sq. 111trs .) (As per Ready Reckoner Rate) ( I) (2) (3) (4) I I OI 88 .456 40,31,825 Booked 2 20 1 88.456 40,31,825 Booked 3 301 58.049 26,4 5,873 Unsold 4 302 56 .3 00 25,66, 154 Unsold 5 303 56 .2 08 25,6 1,960 Unsold 6 40 1 58.049 26,45 ,873 Unsold 7 402 56.300 25,66, 154 Unsold 8 403 56.208 25,61 ,960 Unsold 9 50 1 58.049 26,45,873 Unsold 10 502 56.300 25,66, 154 Unsold 11 503 56.208 25,61 ,960 Unsold 12 60 1 58 .049 26,45,873 Unsold 13 602 56.300 25,66, 154 Unsold 14 603 56.208 25,61 ,960 Unsold TOTAL 859. 1-t 3,91 ,59,598 ------- RAr~KA :~" .. ~ c.' ' \) ,.,,. 'Eu M,<;i;· Table D Puge ~ of6 £. (]).9rf. V