I)BSHMT]KH JAIN & ASSOCIATE,S ffi, CHARIEREDACCOUNTANTS C-A- Nandkumar Y. Deshmukh lvl. Corn., F.C.A ( Partner ) FORM-3 (see Regulation 3) CHARTERED ACCOU NTANT,S CERT! FICATE Dated - 04/12/2018 Cost of Real Estate Project MahaRERA Registration No. Project Name - "Suyoiit Viridian Vallis Phase-2,E 3, VlVlDE". Sr. Particulars Amount No. IT 1 i. Land Cost: Estimated Rs.13,26,1OOOl- Incurred Rs. 1,05,13,OOO1- a. Acquisition Cost of Land or Development Rights, lease Premium, lease rent, interest cost incurred or payable on Land Cost and legal cost. b. Amount of 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 fif any) 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 e. Land Premium payable as per annual statement of rates (ASR) for redevelopment of land owned by public authorities. f. Under Rehabilitation Scheme : [i) Estimated construction cost of rehab Building including site development and infrastructure for the same as certified by Engineer. (ii) Actual Cost of construction of rehab uilding incurred as per the books ofaccounts as verified by t, the CA (iii) Cost 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 I .."ffic" Phone : 0253 - 2314498 I 3012448 Fax: O253 - Office :- G 2 & 5, Utility Center, Opp. - Rajiv Gandhi Bhavan (NMC), Sharanpur Road, Nasik 422 002. Cell : 09371111907 Email ---*r* ,trI{ I \ \1!? { I [iv) Cost of ASR linked premiurn, fees, charges and security deposits or maintenance deposit, or any amount whatsoever payable to any author ties towards and in proiect of rehabilitation. Sub- Total ofLAND COST Rs.13,251,OOO|- Rs. 1,06,13,OOO1- 2 Development Cost/ Cost of Construction A. [i) Estimated Cost of Construction as certified by Rs.12,16,68,OOO1- Rs.10,00,000/- Engineer (ii) Actual Cost of construction Incurred as per the books ofaccounts as verified bythe CA. (iii) On-site expenditure for development of entire project excluding cost of construction as per (i) or (ii) above, i.e. salaries, consultants . fees, site overheads, development works, cost of services (including water, electricity, sewerage, drainage, layout roads etc.), cost of machineries and equipment including its hire and maintenance costs, Rs. 17,850,OOO1- Rs.56,20,000/- consumables etc. All costs directly incurred to complete the construction of the entire.phase of the project registered. B. Payment of Taxes, cess, fees, charges, premiums, interest etc. to any statutory Authority. C. Principal sum and interest payable to financial institutions, scheduled banks, non-banking financial Rs.2,80,00,OOO1- Rs.80,00,000/- institution (NBFC) or money lenders on construction funding or money borrowed for construction ; Sub- Total of Development Cost Rs.16,75,28,000/- Rs.1,45,2O,OOOl- Total Estimated Cost of The Real Estate Proiect Rs. 18,07,89,OOO1- Rs2,s2,gg,oool 2 Total Estimated Cost of the Real Estate Project [1(i) + l(ii)] of Estimated Column. Rs.18,07,89,OOO1- 3 Total Cost lncurred ofthe Real Estate Project Rs.2,52,33,OOO1- [1(i)+ l(ii)] of lncurred Column. 4. % completion of Construction Work % (as per Project Architect's Certificate) 5. Proportion of the Cost incurred on Land CoSt and Construction Cost to the Total Estimated L3.96% Cost" ( 312%l 6. Amount Which can be withdrawn from thb Designated Account * Total Estimated Cost Proportion of cost Rs.2,52,33,OOO1 * lncurred (Sr. number 2 Sr' number 5) Nil 7 Less:AmountwithdrawntilldateofthiscertificateaSper the Books ofAccounts and Bank Statement' 8. Net Amount which can be withdrawn from the Designated Rs.2,52,33 ,OOOI'- Bank Account under this certificate' This certificate is being issued for RERA compliance for the Company M/s' Sun and documents produced before lnfrastructures PW. ttd and is based on the records of the company' me and explanations provided to me by the management Yours FaithfullY, : JAIN 6 MNO Deshmukh "ryy lfr AAssociates ll2958W Af, Chartered Accountants (Firm Registration No. 112958W) Sr. No. Particulars Amount 1 Estimated Balance Cost to Complete the Real Estate Project (Difference of Tota! Estimated Proiect cost less Rs.15,55,56,OOO1- Cost incurred) (calculated as per the Form lV ) 2 Balance amount of receivables from sold apartments as per Annexure A to this certificate(as certified by Chartered Accountant as verified from the records and books of Accounts) 3 (i) Balance Unsold area (to be certified by 4157.80Sq.mtr Management and to be verified by CA from the records and books of accounts) (ii) Estimated amount of sales proceeds in respect of Rs.15,50,21 ,6851- unsold apartments (calculated as per ASR multiplied to unsold area as on the date of certificate, to be calculated and certified by CA)as per Annexure A to this certificate. 4 Estimated receivables of New project. Sum of 2 + 3 (ii) Rs.15,60,21,6851- 5 Amount to be deposited in Designated Account -70% or ,l 100% lF 4 is greater than 1, then 70 % of the balance receivables of ongoing project wi[t be deposited in Rs. 10,92,15,4OO1- designated Account. lF 4 is lesser than 1, then 100% of the of the balance receivables of ongoing project will be deposited in designated Account This certificate is being issued for RERA compliance for the Sun lnfrastructures Pvt. Ltd., and is based on the records and documents produced before me and explanations provided to me by the management of the Company. & ASS. Yours Faithfully r\\h @ Deshmukh !{tn &Associates Chartered Accountants '01 go $l 29, -/F (Firm Registration No. 112958W) Annexure A Statement for calculation of Receivables from the Sales of the Real Estate Project Building No.1 & 2, Suyojit Viridian Vallis Phase-2,E-3 VIVIDE Nil Unsold lnventory Valuation Ready Reckoner rate as per the date of Certificate of the Residential Premies Project - SUYOJIT VIRIDIAN VALLIS - PHASE-2, SECTOR VIVIDE (E-3-DAISY) Per Sq.mtrs Floor Rate 1to 5 36168 6to 10 37976 11to12 39785 Unit Consideration as Carpet Area in t, Sr.No. Flat No. per Ready Reckoner Sq.mtrs Rate (ASR) in Rs. L L01 42.L2 1s23396 2 LOz 44.33 L603327 3 L03 44.33 L603327 4 lo4 42.12 L523396 5 10s 42.72 1s23396 6 106 44.33 1603327 7 to7 44.33 L603327 8 108 42.L2 L523396 9 20L 42.12 1523396 10 202 44.33 t603327 LL 203 44.33 L603327 t, L2 204 42.t2 1523396 13 205 42.12 r.523396 L4 206 44.33 L603327 15 207 44.33 1603327 16 208 42.L2 L523396 L7 301 42.12 1523396 18 302 44.33 1603327 19 303 44.33 1603327 20 304 42.12 1523396 2T 305 42.12 1s23396 22 306 44.33 L603327 23 307 44.33 L603327 24 308 42.L2 L523396 25 40L 42.12 r.523396 26 402 44.33 1603327 .l 27 403 44.33 L603327 28 404 42.!2 r.523396 29 405 42.L2 1523396 30 406 44.33 L603327 3r. 407 44.33 L603327 32 408 42.L2 L523396 33 501 42.L2 1523396 34 502 44.33 t603327 35 503 44.33 L603327 36 504 42.L2 1523396 37 505 42.L2 1523396 38 506 44.33 1603327 39 507 44.33 L603327 40 s08 42.L2 1s23395 4L 601 44.17 L677400 42 602 44.33 L683476 43 603 44.33 1683476 44 604 44.L7 1.677400 45 60s 44.L7 t677400 46 606 44.33 L683476 47 607 44.33 \683476 48 608 44.L7 L577400 49 701 42.12 1599s49 50 702 44.33 1683476 51 703 44.33 1683476 52 704 42.r2 1599549 53 705 42.L2 L599549 54 706 44.33 L683476 55 707 44.33 L683476 56 708 42.12 1_599549 57 80L 42.L2 L599549 58 802 44.33 L683476 59 803 44.33 'J.683476 60 804 42.t2 1599549 51 805 42.L2 1599s49 62 806 44.33 L683476 63 807 44.33 1683476 64 808 42.12 1_599549 65 901 42.L2 1s99s49 66 902 44.33 L683476 67 903 44.33 t683476 68 904 42.12 1599549 69 905 42.L2 1599549 70 906 44.33 L683476 7L 907 44.33 1683476 72 908 42.L2 1599549 73 L001 42.L2 1599549 74 LOOZ 44.33 L683476 75 L003 44.33 L683476 76 L004 42.72 L599549 77 1"005 42.L2 1.599549 78 1006 44.33 7683476 79 LOOT 44.33 L683476 80 1008 42.72 1_599s49 81 1101 42.L2 1675744 82 LLOz 44.33 t763669 83 1103 44.33 L763669 84 LLO4 42.12 t675744 8s 1105 42.L2 L675744 86 1106 44.33 L763669 87 1to7 44.33 1763669 88 1L08 42.12 L675744 89 LzOL 42.12 L675744 90 L202 44.33 L763669 91 L203 44.33 L763669 92 L204 42.72 L675744 93 1205 42.12 L675744 94 L206 44.33 1763669 95 1207 44.33 L763669 t. 96 1208 42.L2 L675744 4158 1s6021685