ANNEXURE B FORM-2 [SeeRegulation 3] ENGINEER'S CERTIFICATE of Money (To be submitted at the time of Registration of Ongo ing Project and for withdrawal from Designated Account - Project Wise) Date.: 19-04-2024 To. Shubhjivan Builders Pvt. Ltd 301,Goyal Shopping Arcade, S.V.Road, Borivli (West), Mumbai.: 400092 Subject: Certificate of Cost Incurred for Development of SIANNA HEIGHTS having MAHARERA Registration Number (applied for) being deve loped by SHUBHJIVAN BUILDERS PVT.LTD on plot bearing CTS No. 913 A 914A, 915A, 917 of Village Eksar at i.C.Colony, Borivali West, Mumbai-400103 demarcated by its boundaries towards North C.T.S No.625, towards South 13.40 Mtrs D.P.Road C.T.S No.916, towards west Saffron Building and towards East 9.15 mtrs Existing D.P.Road admeasuring total plot Area 2095.70 Sq. Mtrs area being developed by Shubhjivan Builders Pvt. Ltd Sir. 1. Kaiwant CShah undertaken assignment of certifying Estimated Cost for SIANNA HEIGHTS havingMAHARERA Registration Number NOW APPLIED on plot bearing CTS No. 913 A 914A, 915A, 917 of Village Eksar at I.C.Co lony, Borivali West, Mumbai-400103demarcated by its boundaries towards North C.T.S No.625, towards South13.40 Mtrs D.P.Road C.T.S No.916, towards west Saffron Building and towards East 9.15 mtrs Existing D.P.Road admeasuring total plot Area 2095.70 Sq. Mtrs area being developed by promoters Shubhjivan Builders 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 & external works of the project as per calculations are based on specificat ions mentioned in agreement of sale. Our estimated cost the drawings/plans made available to us for the project under reference by the Developer /Consultants. The Schedule of items and quantity required for the entire work as calculated by me and the assumption ofthe cost of material, labor 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 SIANNA HEIGHTS project under reference situate, lying and being on plot bearing CTS No. 913A 914A, 915A, 917 of Village Eksar at I.C.Colony, Borivali West, Mumbai-400103 of the aforesaid project under reference as Rs.76.44 Crores. (Total of Table A and B) at the time of Registration. The estimated Total. Cost of project with reference to the Civil, MEP and Allied works required for completion of the apartments and proportionate completion of internal & external works, as per specifications mentioned in agreement of sale and for the purpose of obtaining occupation certificate / completion certificate for the buildingfrom the MunicipalCorporation of Greater Mumbaibeing the Planning Authority under whose jurisdiction the aforesaid project is being implemented. 4. The Estimated Cost Incurred tilldate is calculated at Rs.50.49Crores (Total of Table A and B). The amount ofEstimated Cost Incurred is calculated on the basis 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.25.95 Crores (Total of Table A and B). 6. I certify that the Cost of the Civil, MEP and allied work for the apartments and proportionate 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: TABLEA Building to be constructed on plot bearing CTS No. 913 A& B, 914/A & B,915/A& B,917 of Village Eksar at I.C.Colony, Borivali West, Mumbai-400103.,Plotted Development bearing NumberCHE/WSII/303 1/R/N/337(NEW) or called Sianna Heights (To be prepared separately for each Building /Wing/ Layout /Plotted Development of the Real Estate Project) SR. NO. PARTICULARS AMOUNT (IN RS.) 76.44 Total Estimated Cost oftheBuilding/Wing /Layout Plotted Development as on date of Registration is 50.49 2 Cost incurred as on date of certificate 66.05 3 Work done in Percentage(as Percentage of the estimated cost) 25.95| Balance Cost to be Incurred 4 (Based on Estimated Cost) Cost Incurred on AdditionaVExtra items not included in the Estimated Cost (Table C) TABLE B Internal & External Development Works in Respect of theRegistered Phase SR. NO. PARTICULARS AMOUNT (IN RS.) 1 Total Estimated Cost of the Internal and External 0 Development Works including amenities and Facilities in the layout as on date of Registration is 2. Cost incurred as on date of 0 certificate 3. Work done in Percentage (as Percentage of the 0 estimated cost) 4 Balance Cost to be incurred (Based on Estimated Cost) Cost Incurred on AdditionaVExtra Items not included in the Estimated Cost (Table -C) Yours Faithfully, Digitally signed by MANGESH MANGESH DEORUKHAKAR DEORUKHAKAR Date: 2024.04.19 12:58.08 +05'30' MANGESH DEORUKHAKAR LocalAuthority license No. DI282/SS-I LTD. Agreed and accepted by: ^HUBHUVAN BUILDERS PVT. Signature of Promoter Name: Date: Discdbr NOTE: 1. The scope of work is to complete Registered Real Estate Project as per drawings approved from time totime and as per specifications mentioned in agreement of sale. 2. (") Quantity survey can be done by 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 appo inted by Developer, the name has to be mentioned at the place marked () and in case quantity are being calculated by office of Eng ineer, the name of the person in the office of Engineer, who is responsible for the quantity caleulated should he 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 I escalation of cost etc. As this is an estimated cost, any deviation in quantity required for development of the Real Estate Project willresult in amendment of the cost incurred /to be incurred. 4. Allcomponents of work with specifications are ind icative 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 Listof Extra/Additional/Deleted Items considered in cost (which were not part of originalEstimate of TotalCost) SR.NO LIST OF EXTRA/ADDITIONAL/DELETED AMOUNT (IN RS) ITEMS 1 On site expenditure for Development of entire project excluding cost of construction as per Table A& Babove, i.e. Salaries, Consultant's Fees, site Overheads, Development Works, Cost of Services (including Water, Electricity, Sewerage, Drainage, Layout Roads, etc. cost of Machineries including it's hire and maintenance costs, consumables, etc. All costs directly incurred to complete the construction of the entire phase of the project registered. 2 Acquisition cost of and or Development Rights, premises given against Lease Premium, Lease Rent, Interest Cost incurred development right to owners or payable on land cost and legal cost ASR. 3 Principal sum and interest payable to financial institutions, schedule banks, non banking financial institutions (NBFC) or money lenders on construction funding or money borrowed for construction