Professional Documents
Culture Documents
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MAHAR.{SHTRA REAL ESTATE REGULATORY AUTHORITY
"Housefin Bhavan"- Plor No.C-21, "E"-Block- Bandra - Kurla Complex
Bandra (East), Munrbai 400 05 l, Date 22nd Dccenrber, 2021 .
(2)'l'hcy shall come into force on tltc datc ofthcir publrcation in the O/ficialGazette.
-l-hese
2. Principal Regulations: - regulations anrcnd lhc Maharashtra Real trstate llegulatory Authorrty
(Gcneral) Rcgulations, 2017 (hereinatier refcrrcd lo as "thc principal regulations").
"3. Thc certilicates, issucd by rhe projecr architcot. projcct cngileer, chartered accountant and submittcd
to rhe banks tbr getting releasc of Droncy from thc separale account shall he tn Forms l, 2 and l
respectively. The certificate issued by the proiect architcct on complction ofregistered real estate Iroject
shall be in Form 4."
,1. In regulation 3A of the principal regulations, the words "This fonrr shall be subrritted al cnd ofevcry
llnancial quafler." shall be substituted with "This Fornr shall be submittcd at end of every financial year.
5. In r-egulation 4, the u,ords "statutory auditor" whcrcvcr appcaring, shall be replaced by "annual auditor".
6. ln thc principal regulations, "Form - l" shall bc rcplaccd by Fonn - I appended as Annexure 'A' herein.
?. In tlrc principal rcgulations, "Fonlr - 2" shall be rcplaced by Form - 2 appended as Arule^urc 'B' hercin.
ll. ln thc principa) rcgulations, "Form - 24" shall bc rcplaccd by Fonn - 24 appelded as Anncxttrc 'C'
hercin,
9. In the plincipal regtrlations, "Form - 3" shall bc lcplaccd by Form - 3 appended as Annexure'D'herein
10. Irr thc prine:ipal regulations. "Fortn - 4" shall bc rcplaccd by Fonn- 4 appended as Arutexure'E'hcrein.
I l. In thc principal rcgulations, "Form - 5" shall be replaccd by Fornr - 5 appended as Annexure 'F' hcrcitt.
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Anncxurc A
FORNI I
lsse Rcgulation 3l
ARCHITDC'I''S CDRTI FICATF,
(To bc subrnittcd at the timc of Rcgistlation of Ongoing Projcct and tirr withdrawal of Moncy fiont
Dcsignated Account)
Datc
To.
S IT,
l,lascd on Sitc hspcction. u,ith rcspcct to Layout / cach of thc BuiltlinglWing ot thc afotesaid Rcal Lslatc Project .
I ccrti[y that as on the date oI lhis ccrtificatc, the Pcrccntagc of Work donc for cach ol thc building/Wing of the
Rcal Estatc Projcct under MahaREP-A is as per Tablc A hcrcin below. The pcrccntagc ol thc work execulcd with
respect to each of the activity of the entire phase is detailed in Table ts.
't'A B1.E-A
Lavout i ljuilding lWing Number' (ro bc prepared scparalcly for each Layout rBuilding /Wing ofthc Projcct)
l Excavation
4 PlinLh
5 Stilt Floor'
cERrq llrs{ lTq[, qHrerr{Ul rIIrT irlT-i[,, fuilq{ ea, ?o?l/ts t, vr* rsYr
q Staircases. l.ifts Wells and [,obtries al cach Floor levcl Ovcrhead and
llnderground Water Tanks
ll. Installation of Lil'ts. water punrps, Firc Figtrtirg Fittings and Equipment as
pcr CFO NOC, Blcctrical fittings, ;lechanical cquipmcnt, compliancc to
conditions of cnvironmcnt/CRZ NOC. Finishhrg to cntrancc lobby/s. plinth
protectio , paving ofareas appurtenant to Buildirlg^Ving. Cornpound Wall
and all other requireurents as may be lequired to complete project as per
specifications in aSreement of Sale. Any other aclivities.
.tAI}LE-B
Common Areas (Intcrnal and Extcrnal Dcvelopmcnt Works) in respcct of the Rcgistcrcd Phase / Projcct
Nunr ber
) Water Supply
3 Sewerage (Chatnber,
6 Street Lighting
7 Community Buildings
Disposal
t0 Water conservation /
Rain water harvesting
u Energy managemcnt
Yours Faithfully,
Signanrre ofPromoter
Name:
Date:
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Anncxurc - B
FORIt-2
[.See Rcgulation 3l
ENGINEER'S CERTIFICATE
(To bc suburitred irt thc tinrc ofRcgistration ofOngoing Projcct and for rvithdlarval ofMoncy frortt Dcsignatcd
,4.ccouut - Prtlect Wisc)
l)atc
To
SubjectCcnilicate of Cost [ncurred for Devclopmeut of <Project Name> having MahaRERA Registratiol
Numbcr (Only Applicablc aftcr projcct Rcgistration) being dcvclopcd by Il'ronrotcr''s
Narnc I
Sir
lr Wc havc undcrtakcn assignrucnt ol ccrti[ying Estimatcd Cost for <Proicct Narnc> har ing
MahaRllRA Rcgistration Numbcr ( Only Applicablc atiu ploject Rcgistration bcing
devek>pcd by IPromoter's Nanrcl
2. Wc havc cstirnatcd thc cost of Civil, MEP and allicd works rcquircd fbr cornplctiou ot thc apartrnc:tts and
proponlonalc conrplclion oI inlcmal & cxlernal works oI lhe projecl as per spccifications mcntioncd in agtccmcnt
of salc. Our cstinratcd cosl calcrrlations arc bascd on thc dralvings.lplans made availablc Lo us for thc proicct trndcr
ret'ereuce by the Developer / Corrsultar)rs. The Schedule of itcms and quantity required for the entire wolk as
3. \l'c cstimarc Total tjstimatcd Cost ot' comllction of thc atbrcsaid plojcct undcr lclctcncc at Rs.
(Total ol Tablc A arrd B) at the time of Rcgistration. The estimated Total Cost ol'
projcct is with rcfcrcncc to thc Civil, MUP and Allrcd works requircd fbr cornplction of the apa ntcnts and
proportionatc c<tmplction of intcrrral & cxtcrnal uorks. as pcr specificatiols mentioued in agtccment of salc and
for the purpose ofobtainilg occupation certificare / cornpletion certificate for the Building(s) / Wing(s) r Layout /
Plottcd Devcloprlcnl from thc bcing thc Planning Authority undcr rvhosc.iurisdietion
thc aforcsaid proiect is bcing inrplcmcntcd
4. 'l hc Estilratcd Cost lncuncd till datc is calculatcd at Rs. _ ('Iotal of 'l ablc A and l]). 'l hc amotrnt of
EstimatedCostlncurrediscalculatedonthehasis-ot'.lllp_ulSgtgtitll!/IgT.i9g_:..u..:gd.glq.\,llitcostofthe.se-itents.
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5. Tlrc Balancc Cost of Complction of tlrc Civil, MEP and Allicd works fbr complction of lhc aparhncnts and
pr.opor.tionatc cornplclion of intcrnal & cxtcrnal rvolks, as pcr spccrfications mcntioncd in agrccmcnt ol salc, ol'
thc Projcct is cstimatcd at Rs. ('l otal of Tablc A and Il)
-
6. I cerrify that rhc Cost of the Civil, MEP and allietl work l-()r the aparttnelts and proPortior)ate intcmal &
c.\temal works, as per spccificutions mcntioncd in agreerncnl ofsale, o[lhe aforesaid Projcct as compleled on thc
datc olthis ccnrficalc is as grvcn in
'lablc A and l] below:
TABLE A
Buikling rWing r Layoul / Ploltcd Dcvcloptnent bearing Nurnber- or called
(ro be prcpared scparatcly l-or cach tluilding /Wing / t,ayoul /Plotled Devclopmcnl ol thc l{cal Itstatc I'rojccl)
TABLE B
lnternal & Lxternal Developrrent Works in Respect of theRegistered Phase
INot Lcss than t]achclor's Dcglcc Holdcr or cquivalcnt.rs-gcr Scction 2(u) of thc Actl
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Signaturc ol Promoter
Name:
l)atc:
Note
I . The scopc of work is to complctc Rcgistcrcd Rcal Estatc Projcct as pcr drawings approvcd from lirnc tu
time and as per specifications ntcntioncd in aglcetncnl of salc.
2, (+) Quanriry suncy can bc donc by otlice of tingincer or can bc done by an indepcndcnt Quantity Suwcyor,
whose ccrtificatc of quantity calculatcd can be relied upon hy the Enginccr. Iu case of independenl qtlantit)
surveyor being appoinred by Developer, thc namc has to bc [renrioned at the place marked (*) and in case
quantity are being calculated by officc of Enginecr. the namc of the pcrson in thc ot]icc of llnginccr, who is
rcsponsible tbr thc quantity calculated should be mentioned at the place marked (*)
3. (+*) Batance Cost to be incurred 14) may vary tiom Diti'erence betwseD Total estimated Cost (l) and Actual
Cosl incurred (2) due to deviation in quantity required / escalation of cost elc. As this is an estnnaled cost- any
dcriation in quantiay requircd for developurcnt ol'thc Real Estale Proiect will result in anlendmcnt of thc cost
incurred / to be incurrcd.
5. All conlponens of work with spccifications arc indicrtivc and nol exhaustivc.
6. Please specify if there are any deviations I qualiticatrons. Example: Any deviations in input material used from
. Table C
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Anncxurc C
t-oRrrl-21{
MahaRER{ ordcr no. 5 of 2018)
(.See
ENCINEER'S CE,RTIFICATL tIOR QU.{LITY ASSURANCE
(Site Supcrvisor's Ccrtifi cate)
(To be submittcd ar the end of Financial Year')
trate
To,
Sir.
Our Responsibilig,
IAVe are responsihle tbr carrying out the work in accordance rvith the developmenr pemrission and as per
the apploved plan ard submit ccrtificatc ofsupervision o[ work and to cany out matetial lesting in-silLt or in thc
authorizcd laboratory and to cnsure quality of work and workmanship as pcr prescribed spccifications, and as pcr
NBC and or other relevant code of practice.
IAVe hereby certil, that all Constructiou nrarcrial. Fixturcs and Fittings with regard to the tlooring.
Elcctrical. Sanitary finings etc and amenities to be provided by thc Promotcr in the said Project, building and thc
Apartmcnt as arc as per specifications mentioned in Anncxure 'E', of Agrecmcnt of Sale.
For thosc itenrs, where no spccitlcations have been meutioncd in agreemcnt of sale. the materials, Fixnrres
and l:ittings used contbrm to the relevant BIS Standards / lS Narional Building codes or as per industry
slandards.
2. Workmsnship - I/we hereby certify that rvork has beer: carried out under our supervision. We further
certify that wolkmanship and quality is satisfactory and up to the mark and the work has been acceptable within
the permissible lirnits ofdeviations as per relevant code ofpracticc.
3. Struclurll Engineer -
Prolnotcrs tras cngaged structural cnginecr Mr. .having Licenscs No .. . . .. .. having
Offrce No. Cell No. ........,......
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The srrucrural design of buildings in this project has becn done undcr his supervision. The f<rrnrwork and
concrete nrix design has bccn done as per IS 10262:2009 or as pcr othcr relevant codcs as applicablc. His
periodic checks eod certilicat€s for S1'ABll,l'tY and SAF[I'|'Y have been kept on rccord.
5. Preservation ol records.- Rccord of all lcsr lcsults of this p(tcct havc bcen propcrly kcpt in lhc
prcscribcd lbrnrats and will be prescrvcd at lcast up to thc dclbct lrability pcriod or for thc pcltod as rcquircd by
any other provision of law.
Plcasc specify deviation in quality of materials or any other item of work rvhich wcre not conforming to thc
specifications as tncntioncd in Agriecmcnt of Sale:
Yours Iaithtully,
Name:
Phone No:
Placc:
Signaturc ofPrornotcr
Narne:
Date:
li qERtE YIrSi Trqtfr 3r{l[qr{Er qIrT qIT-i5,. i3rkt ?". -.c--i fi i E ;: a:
Anncrure D
FOR}I 3
(See Regulation 3)
Date
l'o.
The (Name & Address of Promoter),
Subject : Certiticate of F-inancial Progress of Work of <Proiect Name> having MahaREttA Registration Number
Only Applicable after project Registration) being developed by P mo er's Name
Sir.
This ccrtificate is being issued tirr RERA cr>mpJiance for the <Proiect Name> having MahaRERA Registration
Nurnbcr ( Onl y Applicable a1ler project Registration) being developed by (Promoter's
N3lqd and is based on the reoords and docufrents produccd befbre rnc and explanations provided to rnc by the
managcment of the Company.
Tablc A - Estimated Cost of thc Project (at the timc of Registration of Project)
Estimated Cost
Sr. No. Particulars (At the tilne of
Registration of
Project)
(l) (2) (3)
I t. Land Cost
(a) Value 01' thc land as ascertained from thc Annual
Statcment ol Rates (ASR).
(b) Estimated Amount of Prcnriurn payable to obtain
development rights. FSI. additional FSI, fungible area,
and any other incentive/concession in deticiency under
DCR from Local Authority or State GovernmenruT
Administration or any Statutory Authority.
(c) Estimated Acquisition cost of 'l'DR (ifany).
(d) Estinratcd Amounts Payahlc to Statc Govcnrment{JT
Administration or cornpetcnt authority ,Jr any othcr
statulory aulhority of thc Statc or Central Govemmcnt,
towards stamp duty, translcr charges. rcgistration lecs
etci and'
(e) Lstimated Land Plemium payahle as per anr:ual
statemcnr of rdtcs (ASR) for rcdcvelopmcnt of land
owncd by public authorities.
(D Undcr Rchabilitation schcmc :
i. Estimated constmction cost of lehab building
including site development and infrastructure
for the same as oertified by Engiueer.
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(t) (2) (3)
+Pass through chargcs or indirect taxcs not includcd in estimatcd cost ol projcct
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Tsble B - Actual Cosl Incurrcd on the Project (as on Date of Certificate)
I f,and Cost
(a) Valuc of thc land as asccrtaincd lronl lhc Annual Slatcmenl of
Ratcs (ASR).
(b) lncuncd Iixpcnditurc on Prcmiums to obtain developntent riglrts,
I"SI, additional FSl, fungible area, and any other incentive,'
conccssion in deticiency under DCR from Local Authoriry or
Slalc Govemmcnt/LlT Administralion or any Statutory
Authority.
(c) Incurred Expenditure for Acquisition ofTDR (ilany).
(d) -{mounls paid to State Govcrnment/'Ul- Adminisration or
competent authority or any other statutory authority of the Statc
or Central Govcrnmcnt. towards stamp dury, transfcr charges,
rcgistra(ion fees etc; and
(c) Land Prcmiunr paid f<rr rcdcvclopment of land owncd by public
authoritics.
(t) Undcr Rehabilitation schcmc:
i. lncutred Expendirure tbr construction of rchabilitation
building. Minirnurn of (a) or (b) to bc considcred
(a) Cost lrlcurred tbr construction ofrehab building
including sitc dcvclopr:rcnt and infrastructure
for thc samc as certified by Engincer.
(b) Incurred Expenditure lor constnrction of rehab
building as per the books of accounts as vcrified
by thc CA.
Designated Account
iPass tlrrough charges or indirect taxcs not included in incuncd cost ofthe projcct
rlTrt
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Table C
Statement for calculation of Receivables from the Srlcs of the Real tlstate Project
Sold lnvcntory
S. No. Flat No. Carpet Ar€a Unit Consideraiion as p€r Received Balallcc
(in.sq.mtrs) AgreemenULetter of Amouna* Receivables
All(rlrlrclla*
(l) (2) (3) (4) (s) (6)
I
2
3
4
Totrl
+Unit colsideration as pcr agreement/letter of allohnent alld amoullt received does not inclu de pass through
chargcs and indircct taxcs
Unsold Inventory
3
4
Total
Table D
Tablc E
D€signatcd Bank.A.ccorrnt Dctails
l Withdrawals
4 Closing Balance
I hbrcby certily that required proportion of rnouey, as specified in the act, collcctcd fr-om allottecs of the
project unit as indicaled in Table C-'has been depositcd in Dcsignated RERA Bank nccotrnt.
hereby certify that (Name of Prornoter) has utilized thc requiled prcportion of tnoncy, as specified in thc
I
act, collected fi'onr allottees for this project only for land and constftlcliorl ofthis projcct.
Tablc F
Mcans of l'inanc€
S.No. Particulars Estimated* Proposed / Actual
(At time of Estimatcd (As ()n the date
Registration) (As on thc date of certificate)
(ln Rs.) ol'the (In Rs.)
(proposed and cerlificate)
indicativel (ln Rs.)
I Owrr .l"unds
2 Total Borro\ved Funds (Sccurctl)
- Drawdown availcd till datc
3 Total Bonorve'd Frrnds (Unsccurcd)
- Drau,down availcd till datc
4 Customer Retreipts used tbr Project
5 Total Funds tbr Project
6 Total Estimated Cost ( As pcr Table A)
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Tablc G
I
2
3
4
Yours FaithlullY,
Name...............
Signarure of Promoter
Namc:
Datc:
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Annexurc E
FORi\l 4
(Ssd Regulation 3)
Sir.
l/ We have undertaken assignment as Architect rl-icensed Surueyor of cerlifying
Cornplction of Consrrucrion Work of SPlqigglN@g> having MahaRERA Registradon Nurriber
being developed by (Promoter's Name)
IAe hcreby cenify that, on basis of my inspection and certificatc receivcd from Structural Engincer and
Site Supcwisor., the following area of <Proiect Namc> has been complctcd in all aspects and is fit lor occupancy
for u,hich it has been erected./re-erected,/consurcted and cularged. futlher, the tbllou ing Occupancy Certiticates/
Completion Cenificate have been granted:-
S.No Occupancy Certihcate Layout/tsuilding/ Date Local Plannirtg
Numbcr Wing Nurnbcr Authority
I
2
3
I ccrlity that thc <Proiect Name> having MahaRERA Rcgislration Nulnbcr is complctc in
Yours Faithfully,
Signature of Promoter
Name:
Dat
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Annexure F
l-oRNt 5
(See Regulation 4)
To
-Ihe
(Name & Address of Pronroter),
SUts.fECT : I{eport on Statement ofAccounts on project fund deposit. utilization and withdrau al by
fPrornoter] tbr the period from to with respect to MahaRERARegn Nurnbet
l.This ccftificate is issucd
- in accordance wirh the provisions of the Rcal Estatc . (Rcgulation and
f)evelopment) Act, 2016 read along with thc Maharashtm Real Estate (Regulation and Development)
(Registration of Real Estatc Projccts, Registration of Real Esta(e Agents, Rates of Inlcrest-and Disclosurcs on
Wcbsite) Rules, 2017.
-
2. l/Wc have obtained all neccssary information and cxplanation tionr thc Promotcr, during thc coursc of our
audit. which in my/our opioion are necessarJ lbl the purpose ol this certiticate
3, I/We hereby col)firm that l/We have examiued the prescribed registers, books and documents, and the
rclevant records of (Promotcr) for the periodendcd.................andhercbyccnifythat:
A. Deposits:
As specified in the Act, All the amounts withdrawn duriug the year from I{EI{A Bank Accounl were withitt
thc withdralval limit as ccrtified under tl'ts rolevant Fonn l, Form 2 and Form 3 issued during thc ,cportirrg
pcriod?(Yes/No)
If No, Please provide the belorv dctails:-
S.No. Date of withdrawal Anrount of Flxcess Withdrawals
I
C. Utilisation
LWc cenity that, thc (Namc of Promotcr) has utilizctl the amounts withdrawn tiom designatccl banl< account
towards project cost only. as spccilied in the act.
If No, plcase provide thc below details:-
S.No, Dote Amount not utilised lbr Project Cost
I
2
3
Yours l'aithfully,
Signature of Ch{rtcred Accountant
(UD1N............. and l\Icmbcrship Number.............)
Name....,..........
Agreed and Accepted by
Signature ofPromoler
Namc:
l)atc:
ON BEHALF OF GOVERNMENT PRINTING. STATIONERY AND PUBLICATION. PRINTEO AND PUBLISHED BY DIRECTOR.
RUPENDRA DINESH I\,,tORE, PRINTED AT GOVERNI\,IENT CENTRAL PRESS, 21.A, NETAJI SUBHASH ROAD, CHARNI ROAD, MUMBAI
4OO OO4 AND PUBLISHED AT DIRECTORATE OF GOVERNIIIENT PRINTING, STATIONERY AND PUBLICATIONS, 21-A, NETAJI
SUBHASH ROAD, CHARNI ROAD, MUMBAI 4OO OO4.EDITOR ' DIRECTOR,RUPENDRA DINESH I\4ORE.