W.S. Korke & Co Chartered Accountants 215, Siddhivinayak Apartments, North Bazar Road, Gokulpeth, Nagpur-440010. Email id: Kartik25kejdiwal@gmail.com M.No : 9422806076 Annexure D FORM 3 (See Regulation 3) CHARTERED ACCOUNTANT’S CERTIFICATE (To be submitted at the time of Registration of Project and for withdrawal of Money from Designated Account) (As on 18/01/2025) To, M/s OM BUILDCON Plot No. 5 Shop No.1,1st Floor, Laxminarayan Sabhagruh, Opposite Radission Blu Hotel, Wardha Road Nagpur-440015 Subject: - Certificate of Financial Progress of Work of SHUBHANGI HEIGHTS having MahaRERA Registration Number (APPLIED) being developed by M/s OM BUILDCON. Sir, This Certificate is being issued for RERA compliance for the SHUBHANGI HEIGHTS having Maha RERA Registration Number(APPLIED) being developed by M/s OM BUILDCON 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 Project) Sr. No. Particulars Estimated Cost (At the Time of Registration of Project) (3) (1) (2) 1. i. Land Cost : Value of the land as ascertained from the Annual Statement a. of Rates (ASR) -- Estimated Amount of Premium payable to obtain development rights, FSI, additional FSI, fungible area, and b. any other incentive/concession in deficiency under DCR 4,00,00,000.00 from Local Authority or State Government/UT Administration or any Statutory Authority c. Estimated Acquisition cost of TDR (if any) -- Estimated Amounts payable to State Government/UT Administration or competent authority or any other d. 44,12,050.00 statutory authority of the State or Central Government, towards stamp duty, transfer charges, registration fees Page 1 of 9 etc.and Estimated Land Premium payable as per annual statement e. of rates (ASR) for redevelopment of land owned by public -- authorities. Under Rehabilitation scheme: f. (i) Estimated construction cost of rehab building including -- site development and infrastructure for the same as certified by Engineer (ii) Cost towards clearance of land of all or any encumbrances including cost of removal of legal/illegal occupants, cost for providing temporary Transit Accommodation. it Accommodation, overhead cost, -- amounts payable to slum dwellers, tenants, apartment owners or appropriate authority or government or concessionaire which are not refundable and so on. (iii) Estimated 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 of rehabilitation. (iv) Any other cost including interest estimated on the borrowing done specifically for construction of -- rehabilitation component. Sub-Total of LAND COST 4,44,12,050.00 ii. Development Cost/ Cost of Construction : a. Estimated Cost of Construction as certified by 13,00,00,000.00 Engineer. b. Cost Incurred on additional items not included in -- estimated cost (As per engineer certificate) c. Estimated 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 wart, electricity, sewerage, drainage. 2,36,40,000.00 Layout roads etc.), absorbed cost equipment including its here and maintenance costs, consumables etc. d. Estimated Taxes, cess, fees, charges, premiums, 0.00 interest etc. payable to Statutory Authority. e. Interest payable to financial institutions, scheduled banks, non-banking financial institution (NBFC) or 1,50,00,000.00 money lenders on construction funding or money borrowed for construction Sub-Total of Development Cost 16,86,40,000.00 Total Cost of the Project (Estimated) 21,30,52,050.00  Pass through charges or indirect taxes not included in estimated cost of project.  Estimated cost shall be revised through correction application. Page 2 of 9 Table B- Actual Cost Incurred on the Project (As on 18/01/2025) Sr. No. Particulars Amount (Rs.) Incurred Cost (1) (2) (3) 1. Land Cost : Value of the land as ascertained from the Annual Statement of a. -- Rates (ASR) Incurred Premium payable to obtain development rights, FSI, additional FSI, fungible area, and any other b. incentive/concession in deficiency under DCR from Local Authority or State Government/UT Administration or any 2,07,28,325.00 Statutory Authority. c. Incurred Acquisition cost of TDR (if any) Amounts paid to State Government/UT Administration or d. competent authority or any other statutory authority of the State 44,12,050.00 or Central Government, towards stamp duty, transfer charges, registration fees etc; and e. Land Premium paid for redevelopment of land owned by public -- authorities. Under Rehabilitation scheme: f. (i) Incurred Expenditure for construction cost of rehabilitation building. Minimum of (a) or (b) to be considered. -- a) Cost Incurred for construction of rehab building including site development and infrastructure for the same as certified by -- Engineer. b) Incurred Expenditure for construction of rehab building as -- per the books of accounts as verified by the CA. (ii) 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. it Accommodation, overhead cost, amounts -- payable to slum dwellers, tenants, apartment owners or appropriate authority or government or concessionaire which are not refundable and so on. (iii) Incurred Expenditure toward ASR linked premium, fees, charges and security deposits or maintenance deposit, or any amount whatsoever paid to any authorities towards and in -- project of rehabilitation. (iv) Any other cost including interest estimated on the borrowing done specifically for construction of rehabilitation -- component. Sub-Total of LAND COST 2,51,40,375.00 2. Development Cost/ Cost of Construction : i. Expenditure for Construction. Minimum of (a) and (b) to be 0.00 considered. a) Construction cost incurred including site development 0.00 Page 3 of 9 and infrastructure for the same as certified by Engineer. b) Actual Cost of construction incurred as per the books of 0.00 accounts as verified by the CA. ii. Cost Incurred on additional items not included in estimated -- cost (As per engineer certificate) iii. 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 wart, electricity, sewerage, drainage. 15,68,248.00 Layout roads etc.), absorbed cost equipment including its here and maintenance costs, consumables etc. All costs incurred to complete the construction of the entire phase of the project registered. iv. Incurred Expenditure towards Taxes, cess, fees, charges, -- premiums, interest etc. payable to Statutory Authority. v. Incurred Expenditure towards Interest to financial institutions, scheduled banks, non-banking financial institution (NBFC) or money lenders on construction funding or money borrowed -- for construction. Sub-Total of Development Cost 15,68,248.00 Total Cost of Project (Actual incurred as on Date of Certificate) 2,67,08,623.00 3. Proportion of the Cost incurred on Land Cost and Construction 4. 12.54% Cost to the Total Estimated Cost (Table A) Amount which can be withdrawn from the Designated Account. 2,67,08,623.00 5. Less: Amount withdrawn till date of this certificate from the 6. RERA Designated Separate Account. -- Net Amount which can be withdrawn from the Designated Bank 2,67,08,623.00 7. Account under this Certificate.  Pass through charges or indirect taxes not included in incurred cost of the project. Table C Statement for calculation of Receivables from the Sales of the Real Estate Project Sold Inventory Sr. Flat No. Carpet Area Unit Consideration as Received Balance Receivables No. (in Sq.Mtrs) per Agreement/Letter Amount of Allotment (2) (3) (4) (6) (1) (5) 1 - - - - - Totals - - -  Unit Consideration as per agreement/letter of allotment and amount received does not include pass through charges and indirect taxes. Page 4 of 9 Unsold Inventory Sr. Flat No./Shop Carpet Area Unit Consideration as per Floor/Wing No. No. etc. (in sq. m.) Ready Reckoner Rate 1 2 3 4 5 THIS FLAT IS GIVEN TO EXISTING 1 First Floor 101 73.068 LAND OWNER AS PER JOINT DEVELOPMENT AGREEMENT THIS FLAT IS GIVEN TO EXISTING 2 First Floor 102 72.79 LAND OWNER AS PER JOINT DEVELOPMENT AGREEMENT THIS FLAT IS GIVEN TO EXISTING 3 First Floor 103 72.79 LAND OWNER AS PER JOINT DEVELOPMENT AGREEMENT 4 First Floor 104 72.358 41,50,454.88 5 First Floor 105 80.295 46,05,721.20 6 First Floor 106 75.607 43,36,817.52 7 First Floor 107 74.68 42,83,644.80 8 First Floor 108 74.995 43,01,713.20 THIS FLAT IS GIVEN TO EXISTING 9 Second Floor 201 73.068 LAND OWNER AS PER JOINT DEVELOPMENT AGREEMENT THIS FLAT IS GIVEN TO EXISTING 10 Second Floor 202 72.79 LAND OWNER AS PER JOINT DEVELOPMENT AGREEMENT THIS FLAT IS GIVEN TO EXISTING 11 Second Floor 203 72.79 LAND OWNER AS PER JOINT DEVELOPMENT AGREEMENT 12 Second Floor 204 72.358 41,50,454.88 THIS FLAT IS GIVEN TO EXISTING 13 Second Floor 205 80.295 LAND OWNER AS PER JOINT DEVELOPMENT AGREEMENT 14 Second Floor 206 75.607 43,36,817.52 15 Second Floor 207 74.68 42,83,644.80 16 Second Floor 208 74.995 43,01,713.20 THIS FLAT IS GIVEN TO EXISTING 17 Third Floor 301 73.068 LAND OWNER AS PER JOINT DEVELOPMENT AGREEMENT THIS FLAT IS GIVEN TO EXISTING 18 Third Floor 302 72.79 LAND OWNER AS PER JOINT DEVELOPMENT AGREEMENT THIS FLAT IS GIVEN TO EXISTING 19 Third Floor 303 72.79 LAND OWNER AS PER JOINT DEVELOPMENT AGREEMENT THIS FLAT IS GIVEN TO EXISTING 20 Third Floor 304 72.358 LAND OWNER AS PER JOINT DEVELOPMENT AGREEMENT 21 Third Floor 305 80.295 46,05,721.20 22 Third Floor 306 75.607 43,36,817.52 23 Third Floor 307 74.68 42,83,644.80 Page 5 of 9 24 Third Floor 308 74.995 43,01,713.20 THIS FLAT IS GIVEN TO EXISTING 25 Fourth Floor 401 73.068 LAND OWNER AS PER JOINT DEVELOPMENT AGREEMENT THIS FLAT IS GIVEN TO EXISTING 26 Fourth Floor 402 72.79 LAND OWNER AS PER JOINT DEVELOPMENT AGREEMENT THIS FLAT IS GIVEN TO EXISTING 27 Fourth Floor 403 72.79 LAND OWNER AS PER JOINT DEVELOPMENT AGREEMENT 28 Fourth Floor 404 72.358 41,50,454.88 29 Fourth Floor 405 80.295 46,05,721.20 30 Fourth Floor 406 75.607 43,36,817.52 31 Fourth Floor 407 74.68 42,83,644.80 32 Fourth Floor 408 74.995 43,01,713.20 THIS FLAT IS GIVEN TO EXISTING 33 Fifth Floor 501 73.068 LAND OWNER AS PER JOINT DEVELOPMENT AGREEMENT THIS FLAT IS GIVEN TO EXISTING 34 Fifth Floor 502 72.79 LAND OWNER AS PER JOINT DEVELOPMENT AGREEMENT THIS FLAT IS GIVEN TO EXISTING 35 Fifth Floor 503 72.79 LAND OWNER AS PER JOINT DEVELOPMENT AGREEMENT THIS FLAT IS GIVEN TO EXISTING 36 Fifth Floor 504 72.358 LAND OWNER AS PER JOINT DEVELOPMENT AGREEMENT 37 Fifth Floor 505 80.295 48,36,007.26 THIS FLAT IS GIVEN TO EXISTING 38 Fifth Floor 506 75.607 LAND OWNER AS PER JOINT DEVELOPMENT AGREEMENT 39 Fifth Floor 507 74.68 44,97,827.04 40 Fifth Floor 508 74.995 45,16,798.86 THIS FLAT IS GIVEN TO EXISTING 41 Sixth Floor 601 73.068 LAND OWNER AS PER JOINT DEVELOPMENT AGREEMENT THIS FLAT IS GIVEN TO EXISTING 42 Sixth Floor 602 72.79 LAND OWNER AS PER JOINT DEVELOPMENT AGREEMENT THIS FLAT IS GIVEN TO EXISTING 43 Sixth Floor 603 72.79 LAND OWNER AS PER JOINT DEVELOPMENT AGREEMENT THIS FLAT IS GIVEN TO EXISTING 44 Sixth Floor 604 72.358 LAND OWNER AS PER JOINT DEVELOPMENT AGREEMENT 45 Sixth Floor 605 80.295 48,36,007.26 46 Sixth Floor 606 75.607 45,53,658.40 47 Sixth Floor 607 74.68 44,97,827.04 48 Sixth Floor 608 74.995 45,16,798.86 49 Seventh Floor 701 73.068 44,00,739.50 THIS FLAT IS GIVEN TO EXISTING 50 Seventh Floor 702 72.79 LAND OWNER AS PER JOINT DEVELOPMENT AGREEMENT 51 Seventh Floor 703 72.79 43,83,996.12 52 Seventh Floor 704 72.358 43,57,977.62 53 Seventh Floor 705 80.295 48,36,007.26 54 Seventh Floor 706 75.607 45,53,658.40 Page 6 of 9 55 Seventh Floor 707 74.68 44,97,827.04 56 Seventh Floor 708 74.995 45,16,798.86 14,17,59,159.84 Table D Comparison between Balance Cost and Receivables S.No. Particulars Amount (1) (2) (3) Estimated Balance Cost to Complete the Real Estate Project 18,63,43,427.00 1. (Difference of Total Estimated Project cost less Cost incurred) Balance amount of receivables from sold apartments as per Table C of 2. this certificate (as certified by Chartered Accountant as verified from -- the records and books of Accounts) i) Balance Unsold area (to be certified by Management and to be 2418.43 verified by CA from the records and books of accounts). Sq. Mtrs. 3. ii) Estimated amount of sales proceeds in respect of unsold apartment (calculated as per ASR multiplied to unsold area as on 14,17,59,159.84 the date of certificate, to be calculated and certified by CA)as per Table C to this certificate. Estimated receivables of ongoing Project. [Sum of 2+3(ii)] 14,17,59,159.84 4. (To be Filled for Ongoing Projects only) Amount to be deposited in Designated Account - 70% or 100% 5. If 4 is greater than 1, then 70% of the balance receivables of ongoing 9,92,31,411.89 project will be deposited in designated Account. If 4 is lesser than 1, then 100% of the balance receivables of ongoing project will be deposited in designated Account. Table E Designated Separate Bank Account Details S. No. Particulars Designated Bank Account Details Actual Amount till Date (From start of bank account till 31.12.24) 1. Opening Balance NIL 2. Deposits NIL 3. Withdrawals NIL 4. Closing Balance NIL I hereby certify that required proportion of money, as specified in the act, collected from allottee of the project unit as indicated in Table C has been deposited in RERA Designated Separate Bank Account. I hereby certify that M/s Om Buildcon has utilized the required proportion of money, as specified in the act, collected from allottee for this project only for land and construction of this project. Page 7 of 9 Table F Means of Finance Estimated(At the Proposed Estimated Actual time of Registration) (As on the date of (As on the date S.No. Particulars (InRs.) (Proposed and certificate) (InRs.) of certificate) indicative) (InRs.) 1. Own Funds 0.00 0.00 0.00 Total Borrowed Funds (Secured) 2. 0.00 0.00 0.00 Drawdown availed till date Total Borrowed Funds (Unsecured) 8,42,10,000.00 8,42,10,000.00 2,67,08,623.00 3. Drawdown availed till date Customer Receipts 12,88,42,050.00 12,88,42,050.00 4. - used for Project Total Funds for 21,30,52,050.00 21,30,52,050.00 21,30,52,050.00 5. Project Total Estimated Cost 21,30,52,050.00 21,30,52,050.00 21,30,52,050.00 6. (As per Table A) Table G Any Comments/Observations of CA This certificate is prepared as per the documents, informations and explanations provided to us by the 1. management as on 18/01/2025 2. 3. Yours Faithfully, UDIN:25177898BMHUFV1014 M.NO: 177898 NAME: Kartik Kejdiwal Agreed and Accepted by: Signature of Promoters Name: Vishakha Pise Date: 01/05/2025 Page 8 of 9 Page 9 of 9