K C SHA H DE SI GNS L LP CONSULTING STRUCTURAL & CIVIL ENGINEERS FORM -2 ENGINEER'S CERTIFICATE Date: 10th October, 2025 To LODHA DEVELOPERS LIMITED 412-4, 17G Vardhman Chamber, Cawasji Patel Road, Horniman Circle, Fort. Mumbai – 400001, Subject: Certificate of Cost Incurred for Development of Hanging Garden Palava having MahaRERA Registration Number P51700077356 being developed by LODHA DEVELOPERS LIMITED Sir, 1. We have undertaken assignment of certifying Estimated Cost for Hanging Garden Palava having MahaRERA Registration Number P51700077356. 2. We have estimated the cost of Civil, MEP and allied works required for completion of the apartments and proportionate completion of internal and external work of the project as per specifications mentioned in agreement of sale. Our estimated cost calculations are based on the drawings/plans available to us for the project under reference by the Developer/Consultants. The Schedule of items and quantity for the entire work as calculated by Mehul K Shah quantity Surveyor* appointed by Developer/Engineer, the assumption of the cost of material, labour and other inputs made by 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 as Rs 1,636,988,983 (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 and external work, 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 Directorate of Town Planning & Valuation, Thane being the Planning Authority under whose jurisdiction the aforesaid project is being implemented. 4. The Estimated Cost Incurred till Sep 30, 2025 is calculated at Rs. 319,901,060 (Total of Table A and B). The amount of Estimated Cost Incurred is calculated on the base of input materials /services used and unit cost of these items. 5. The Balance cost of Completion of the Civil, MEP and Allied works for completion of the apartments and proportionate completion of internal & external works, as per specifications mentioned in agreement of sale, of the project is estimated at Rs 1,317,087,923 (Total of Table A and B). 6. We certify that the Cost of the Civil, MEP and allied work for completion of the apartments and proportionate completion of 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: 102, Sai Govind Bhuvan, Near Punjab National Bank, Mathuradas Road, Kandivali (West), Mumbai – 400 067. Email: design@kcshahconsultants.com & kcshahconsultants@gmail.com | Tel: 022- 35674850. TABLE A Tower 2 Sr No Particulars Amounts Rs 1 Total Estimated cost of the building/wing as on Sep 30, 2025 1,064,042,838 date of Registration is 2 Cost incurred as on Sep 30, 2025 (based on the Estimated cost) 207,935,689 3 Work done in Percentage (as Percentage of the estimated cost ) 20% 4 Balance Cost to be Incurred** (Based on Estimated Cost) 856,107,150 5 Cost Incurred on Additional /Extra Items as on Sep 30, 2025 Nil not included in the Estimated Cost (Table C) TABLE B Sr No Particulars Amounts Rs 1 Total Estimated Cost of the Internal and External Development 572,946,144 Works including amenities and Facilities in the layout as on Sep 30, 2025 2 Cost incurred as on Sep 30, 2025 111,965,371 3 Work done in Percentage (as Percentage of the estimated cost ) 20% 4 Balance Cost to be Incurred** (Based on Estimated Cost) 460,980,773 5 Cost Incurred on Additional /Extra Items as on Sep 30, 2025 Nil not included in the Estimated Cost (Table C) Yours faithfully, Digitally signed by Mehul K. Shah Mehul Mehul Kaivant Shah M/s. K C Shah Designs LLP B.E. (Civil); A.M.I.E. Kaivant Shah Date: 2025.10.17 18:31:41 +05'30' Regd. Consulting Structural and Civil Engineer Regd. no. STR/S/270 * Note 1. The scope of the work is to complete the Registered Real Estate Project as per drawings approved from time to time and as per specifications mentioned in the sale agreement. 2. (*) Quantity survey can be done by the office of Engineer or can be done by an independent Quantity Surveyor, whose certificate of quantity calculated can be relied upon by the Engineer. In case of independent quantity surveyor being appointed by Developer, the name has to be mentioned at the place marked (*) and in case quantity are being calculated by office of Engineer, the name of the person in the office of Engineer, who is responsible for the quantity calculated should be mentioned at the place marked (*). 3. (**) Balance Cost to be incurred (4) may vary from Difference between Total estimated Cost (1) and Actual Cost incurred (2) due to deviation in quantity required / escalation of cost etc. As this is an estimated cost, any deviation in quantity required for development of the Real Estate Project will result in amendment of the cost incurred / to be incurred. 4. All components of work with specifications are indicative and not exhaustive. 5. Please specify if there are any deviations /qualifications. Example: Any deviations in input material used from specifications in agreement of sale. TABLE C List of Extra / Additional / Deleted Items considered in cost. (Which were not part of the original Estimate of Total Cost) Sr. no. List of Extra / Additional / Deleted Items Amount (in `.)