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                                                    Annexure - B

                                                      FORM-2
                                                lsee Regulation 3l
                                        ENGINEER'S CERTIFICATE
   (To be submitted at the time of Registration of Project, Quarterly Progress Reporting and foMithdrawal of
                               Money from Designated Account - Project Wise)

                                                                                                                   Date:03.02.2025


To,
M/s. Adhikari Engineering Pvt Ltd.
435 Avior, LBS  Road,           I
Mulund west, lvlumbai - 400081.

Subject: Certificate of Cost Incurred for Development of "Maharashtra Mandi/' having Maha RERA
Registration Number P51800024024 being developed by M/s. Adhikari Engineering Pvt Ltd up lo 30th
September,2025.


Sir,

1 , We M/s NEXUS PSPL have undertaken the assignment of certirying Estimated Cost for Maharashtra Mandir
having Maha RERA Registration Number P51800024024 being developed by M/s, Adhika.i Engineering Pvt
Ltd.


2. We have estimated the cost of Civil, MEP and allied works required for completion, of the apartments and
proportionate completion of internal & enernal works of the projects as per speciflcations mentioned in
agreement of sale. Our estimated cost calculations are based on the drawings/plans made available to us for
lhe project under reference by the Developer / Consultants. The Schedule of items and quantity required for
the entire work as calculated by M/s NEXUS PSPL Quantitysurveyor. appointed by Developer/Engineer, the
assumption of the cost of material, labours 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 the Total Estimated Cost of completion of the aforesaid project under reference at Rs.
38,89,79,0221- (Total of Table A and B) al the time of Registration. The estimated Total Cost of project is with
reference to the Civil, MEP and Allidd works required for completion of the apartments and proportionate
completion of internal & exterrElworks oflhe projecis as per specifications mentioned in agreement of sale and
for the purpose of obtaining occupation certificate/ completion certificate for the Building(s)/ Wlng(s) /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. 33,98,20,154/- (Totai of Table A and B). The amount
of Estimated Cost Incurred is calculated on the basis of inDut 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 of the projects as per specillcations mentioned in
agreement of sale of the Project is estimated at Rs, 4,91,58,868.00 /- (Total of Table A and B).

6. I certify that the Cost of the Civil, MEP and allied work for the apartments and proportionate completion of
internal & externalworks of the projects as per specifications mentioned in the agreement of sale ofthe aforesaid
Projecl as completed on the date of this cerlificate js as gjven in Table A and B belowi




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                                                       TABLE A
                                                   (Rehab Wing)

   Sr. No                               Particulars                                            Amount (ln Rs.)
              fotal Estimated Cost of the Building/Wing/Layout Plotted as or                 Rs. 17,98,42,894.00 /-
              iate 30/09/2025 of Registration is
              lost incurred as on date 30/09/2025 of certilicate                             Rs. {4,70,74,{63.00 /-
      3.      Nork done in Percentage (as Percentage ofthe estimatedcostl                           81.78 0lo
      4.      3alance Cost to be Incured* (Based on Estimated Cost)                          R..3,27,68,731.00 l-
              Oost lncurred on Additional/Extra ltems not included in th€
              Estimated Cost (Table -C)                                                             Rs. 0/-

                                                    (Sale Wing)

   Sr. No                               Particu la1s                                           Amount (ln Rs.)
              fotal Estimated Cost of the Building/Wing/Layout Plotted as or                 Rr.20,91,36,128.00/-
              jate 30/09/2025 of Registration is
              3ost incurred as on date 30/09/2025 of cerlificate                             Rs. 19,27,45,991.00 /-
              /Vork done in Percentaoe (as Percentaqe ofthe estimatedcosu                           92.'lBYo
      4.      Balance Cost to be lncurred* (Based on Estimated Cost)                         Rs. '1,63,90,137.00 /-
      5.      Sost Incurred on Addilional/Extra ltems not included in th€
              Estimated Cost (Table -C)




               otal Estimated Cost ofthe lntemal and External
                      including amenities and Facilities in the layout as
                    30/09/202q of Registration is
                    incurred as on date of certificate 3010912025
                     done in Percentaoe (as Percentaqe ofthe eslimated
                        Cost to be lncurred* (Based on
                    lncurred on Additional/Extra ltems not included in the



Yours Faithfully,

Kailash #ffirffi*F
AhWZlld r;".,.-.*-
Kailash Anwala
  sTR/A,/39

Agreed and accepted by:
                                 I         (i;t*,qD    f+)
                                                         l1
                                           *i r,ruivre.r ]lim
Signature of Promoter Name:
                                           Qt=#
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Note:

1. The gcope of work is to complete the Registered Real Estate Project as per drawings approved from time to
time and as oer specifications in the sale.

2. (-) Quantity surveys can be done by the ofice 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 surveyof 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 Uetwe$.totat estimated Cost (l) and Actual
Cost incurred (2) due to deviation in quantity required / escalation of cos{'etc. As this is an estimated cost, any
deviation in quantity required fortevelopment of the Real Estate Project will result in amendment of the cost
incurred / to be incurred.

4. All components of work with specilications are indicalive and not exhaustive.

5. Please speciry ifthere are any devlations / qualifications. Example: Any deviations in input material used from
specifications ln agreement of sale.

                                                     Table C
                           List of Extra/Additional/ Deleted ltems considered in Cost
                          (which were not part ofthe original Estimate ofTotat Cost).

   Sr. No               Llst of Extra/Additional / Deleted ltems                                    Amount (ln Rs.)
     't.                                      NT
        2.                                    NA




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        /"r                                                                                                               author| {JSCPL#WD