Statement for calculation of Receivables from the Sales of the Real Estate Project
                                     SALES INVENTORY
                         CARPET     UNIT CONSIDERATION AS
                                                                                          BALANCE
 SR. NO.     SHOP NO/  AREA     (in PER AGREEMENT/ LETTER    RECEIVED
                                                                                         RECEIVABLE
   (1)     FLAT NO. (2) sq.mtrs)        OF ALLOTMENT       AMOUNT     (5)
                                                                                             (6)
                           (3)                (4)
    1          A-102      60.20            2990000           2990000                          0
    2          A-103      35.10            1900000           1900000                          0
    3          A-104      61.50            2990000           2990000                          0
    4          A-105      42.83            2330000           2330000                          0
    5          A-201      43.94            1500000           1500000                          0
    6          A-202      60.76            3200000           2908800                       291200
    7          A-204      76.83            3000000           3000000                          0
    8          A-205      29.07            1500000           1500000                          0
    9          A-301      41.62            1800000           1800000                          0
   10          A-303      44.41            2100000           2100000                          0
   11          A-304      61.50            3350000           3350000                          0
   12          A-305      42.83            2500000           2500000                          0
   13          A-402      61.13            3500000            12000                       3488000
   14          A-403      52.40            1800000           1800000                          0
   15          A-404      62.80            3500000           3500000                          0
   16          B-101      32.52            2300000           2055000                       245000
   17          B-102      50.04            2950000           2802500                       147500
   18          B-104      61.50            2800000           2800000                          0
   19          B-105      42.83            1800000           1800000                          0
   20          B-202      57.81            2800000           2800000                          0
   21          B-301      41.62            2200000           2200000                          0
   22          B-302      60.20            2800000           2800000                          0
   23          B-304      61.50            2400000           2400000                          0
   24          B-305      42.83            1500000           1500000                          0
             Total……         1228                 59510000     55338300                      4171700

   *       Unit consideration as per agreement/letter of allotment and amount received
           does not include pass through charges and indirect taxes.

Unsold Inventory

                             Carpet      Unit Consideration as
            Flat / Shop
 Sr. No.                    Area (in     per Ready Reckoner
                No.
                            sq.mts.)             Rate
  (1)           (2)           (3)                 (4)
   1           A-101         41.62             1821352
   2           A-203         44.22             1935185
   3           A-302         60.20             2634456
  4     A-401   43.94    1922989
  5     A-405   41.16    1801023
  6     B-103   44.41    1943321
  7     B-201   43.94    1922989
  8     B-203   44.22    1935185
  9     B-204   63.17    2764555
 10     B-205   41.16    1801023
 11     B-303   44.41    1943321
Total            512    22425399