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5Er-t{r
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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 .

MAHARASHTRA REAI- EST-{TE REGUI-.ATOR)' AUTHORITY (GENER^I,) (A}TENDMENT) RE,GUI,.\TIONS, 202 I.


No. MahaRERA/Regulatidl/2{a0/2021 exercise of the porvers conferred on it under sub-sections (,1)
and clausc (i) ofsub-scction (l) ofSection E5-lrr
ofthc Real Estatc (Rcgulations and Development) Act, 2016 and of
all other powe$ enabling it in thal bchalf, the Mahalashtra Rcal Estalc Rcgulatory Authori(y, hereby makes thc
following legulations lo amcnd the Maharashra Real Eslalc Rcgulolory Authority (Genetal) Regulations 2017,
namcly :
-
l. Title and Commencement: -
(l) 'lhcsc regulations nray be called thc Malrarashlra Real Estate l(egulatory Authority (()eneral)
(Amendrnent) Regulations. 202 L

(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. Rcgularion 3 ofthe principal rcgulations shall b'i substituted with:

"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.

DR. VASANT PRABHU.


Secretary, MahaRERA.

qfl-qT{-T-,.\-\ 3{
Y cERrE vns{ rlrrr srf,Emq qm irr-ir, Hm rr, ?"?q/dq r, yr+ rlyq
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.

Thc (Narnc & Address of Prornotcr),

Subjcct: Ccltificatc of Pcrccntagc of CornplcLion ol Construction Work of 5]11qfu9$lgp91 having MahaRERA


RcgistrationNumbcr-(orrly.Applicablcalicrpro.;cctRcgistration)beingdcvclttpcdby
ot 's Narnc

S IT,

Ir We have undenaken assignment as Archit€ct /Licensed Surveyor of certilying Pcrcentage of


Conrplction ol' Construction Work of <Proiect Namc- having MahaRERA Rcgistration Nutnber
( Only Applicablc aftcl prolcct Rcgistration. bcing do,clopcd by lPt'omolcr's Namc.l

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)

Sr. Tasks / Activity Perccnragc of Actual Work


No I)onc
(2)
(t) ( s on date ol'ths
Ccflificatc)
(3)

l Excavation

2 Basemerts (if any)

3 Podiums (if any)

4 PlinLh

5 Stilt Floor'
cERrq llrs{ lTq[, qHrerr{Ul rIIrT irlT-i[,, fuilq{ ea, ?o?l/ts t, vr* rsYr

6 Slabs of Super Structure

7 lnrernal walls, Intemal Plaster, Floorings, I)oors and windows within


[:lats/Prenrises

8 Sanimry Fiuings u ithin the Flat/Preurises

q Staircases. l.ifts Wells and [,obtries al cach Floor levcl Ovcrhead and
llnderground Water Tanks

l0 Extemal plumbing and extemal plastcr, clcvation, completion of terraces


with waterproofing of the Buildinglwing,

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

Sr. No Common areas and facilitics Proposcd Perccntage of Dctails


Actual Work Done
(Yes / No)
(As on date ofthe
(l) (2)
Certificate)
(3) (s)
(4)

I Intemal Roads & Footpaths

) Water Supply

3 Sewerage (Chatnber,

lines, Septic fank, S'l'P)

4 Stofln Water Drains

5 Landscaping & Tree Planting

6 Street Lighting

7 Community Buildings

8 l'reatment and disposal of sewagc and


sullage water.
q cERrE yns{ E lrt otsrglrwt qrr qr-i[', ftC-+r rr, iotq/dq t, vrt' tqxr
9 Solid Waste
management &

Disposal

t0 Water conservation /
Rain water harvesting

u Energy managemcnt

t2 Firc protectlon and lire sal'cty


requircments

r3 Electrical mctcr roonr, sub-station,


receiving station.

l4 Othcrs (Option to Add more)

Yours Faithfully,

Signature & Name (IN BLOCK LETTERS) of L.S/ Architect

(License No. .............)

Agreed and Accepted by

Signanrre ofPromoter
Name:
Date:
cErrg vlrr< rqqr srqTqlrq r{FT irlT-ir, Hqr rr, ?olt/dq r, vrt tqxt u

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

Thc (Nanre & Addrcss ol Promotcr)

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

calculared by Quantrty Sun'cyor* appointcd by DevelopcrlEnginccr. thc assur'l'tption ot


thc cosr of rnaterial. labour and othcr inputs madc by devcloper. and thc sitc inspection carricd oul by us to
ascenairr / ctrrrfintt the ubove analysis given to us.

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.
.. E6rtI9 yrRl=t ?Erq? srgTqr{ul qFT itrr-o', lg*fi{ ??, ?o?Q/dq t, vrt tcxr
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)

Sr. No Paniculars Amomt (ln Rs.)


I Toral Ustimated Cost of theBuilding/W ing / Layout I
Plottcd Dcvclopnrcnt as on datc of Rcgistration is
2 Clost incun cd as on datc ol'ccrLificatc
Work tlonc in Pcrccntagc (as Pclccntagc ol'thc cstirnatcd
cost)
4 Balance Cost to bc Incuned** tsased on Lstimatcd Cost)
5 Cosl Incuncd on n ddilional/Extra ltcrns nol includcd in thc
Estimalsd Cosl (Tablc -C)

TABLE B
lnternal & Lxternal Developrrent Works in Respect of theRegistered Phase

Sr. No Particulars Aurount (ln Rs.)


I Tolal Estirnatcd Cost ol thc Tnternal and External
Dcvclopmcnt Works including amenitics and l;acilitics in
the lilyo[t us r)n date ol'Rcgistrarion is
2 Cost incurrcd as on datc of ccnificarc
Work donc in Pcrccntagc (as Pcrcenlagc ol'lhc cslimatcd
cost)
4 llalancc Cost k) bc lncuncd' (Bascd on Estimatcd Cbst
5 Cost lncurred on Adclitioual.lExtra Iterrs not iDcluded in the
Estimatcd Cost (Tablc {)
Yours Faithlully,

Signature & Name (lN BLO(IK LETTERS) with Stanrp 0f Enginccr

INot Lcss than t]achclor's Dcglcc Holdcr or cquivalcnt.rs-gcr Scction 2(u) of thc Actl
r-6rrq m€a iFrra q*nuRq qFT ir-i[', Scr rr, ?o?t/ds q, w&' rcxt 1

Local Authority license no l lf applicable )

Agrccd and AcccpLed by

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

spccitications in agrccmcnt of salc.

. Table C

List of Extra/Additional/ Deletcd Itcrns considercd in Cost

(u hich were not pan of the original Lstimate of Total Cost)

Sr. No List of Extra/Additioual / Deleted ltems Arnouut (ln Rs,)


I

rlt'l qR,6-rrrr-i
1o rr6rrg yns{ flrrqr q-fiT€rrrq IIFI ilrr-:r, ffiq-{ rr, ?oat/ds r, vr* r3ri
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,

Thc (Name & Address oI Promotcr)

Quality Assursncc Ccrtificate


(Certificatc No. .tbrthcYcarEnding.................).
Subject: Certificatc for quality of nlaterials used and quality ofConstruction and rvorkuranship lol thc work
of <Prolect Namc> having MahaRERA Registlation Numbcr bcing devclopcd by
IPromoter's Narrre'l

Sir.

I / We...................... have undertaken an assignntent ol supervisiorr ol this rsal estate Projtsct.

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.

l. lnput Materials, Fixtures and l'ittings

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. ........,......
T6rrrq fifi rrdq{ flsfiTq qrrT inr-tr, Hqr rr, Ro?t/ds r, {r*' tlxi \q

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,

Signature of l'ingineer' (Sitc Supen isor)

Name:

Q alification (Not less than graduatc)

l.iccnsc No. (if any )-

Phone No:

Placc:

Agr eed and acceptecl by

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)

CHARTERED ACCOUNTANT'S CERTIFICATE (On Letter Head)


(To be submitted at the time ol Regisl.ration of Project and for withdrawal of Money from f)esignated Account)

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.
cErry vngl ?Tf,q, grnqwr qFT qr-?r, Hqr rr, ?"?q/dq t, wt cqxr ti
(t) (2) (3)

ii. Estimatcd Cost towards clearance of land of all


or any encumbrances including cost of rqnloval
of legal/illegal occupants, cost for providing
lcmporary Lransit accomnrodation or rent in licu
of Transit Accon'tmodation. ovcrhcad cost,
amounts payable to slum dwcllcrs. tenants,
al:artnc nwnprs nr apprrtJtrietP atrrhnrity or
govcmrncnt or conccssionairc which arc not
refundablc and so on.
iii. trstimated Cost of ASR linled premium, tecs,
chargcs artd security dcposits ot maitttcnancc
deposit, or any amount ['hatsoevcr payable to
any authorities towards and in project of
rehabilitation.
iv. Any other cost including interest estimated on
the borrowing donc spccifically tbr constructiol'1
of rehabilitation componeDt
Sub - Total of Land Cost:
lt Development Cost/Cost of Construction of Building
(a) Estimatcd Cost ofConstruction as certificd by Enginecr
(b) Cost incurred on additional items not inoluded in
estimated cost (As per engineer certificate)

(c) Estinrated Expenditure for der.elopmert of entire project


cxcluding cost of construction as pcr (i) above, i.c.
salaries, consultants fecs, site ovcrhcads, dcvclopmcnt
works, cost of scn,iccs (iucluding watct, clectriciry.
sewerage, drainage. layr:ut roads etc.). absorbed cost
(attributable to this project) of machineries and
equipment including its hire and maintenance costs,
consumables etc.
(d) Estimated Taxes, cess, fees, charges. premiums, interest
etc. payablc to any Statutory Authority.
(e) Interest payable to finaDcial instihrtiorrs. scheduled
banks, non-banking financial institution (NBFC) or
money lenders on construction funding or nroney
borrowed for corstruction.
Sub-total of Development Cost :
Total Cost of the Project (Estimatcd)

+Pass through chargcs or indirect taxcs not includcd in estimatcd cost ol projcct

** Estirnated cost shallbe revised through corectiol application.

qFI ql{-6-q\-i
ty E6rrrg yngi nlrril qsTlnwl rrm qrr-tr, fficr rc, tottidq c, Yr+ l1xi
Tsble B - Actual Cosl Incurrcd on the Project (as on Date of Certificate)

S.No Particulars Amount (Rs.)


lncuncd
(l) \z) (3)

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.

ii. Incurrcd Lxpcnditut'c towarrls clearattcc of land ofall or


any encumbrauces ilcluding cost of removal of legal/
illcgal occupants, cost for providing temporary transit
accommodation or rent in lieu of Transit
Accommodation, overhead cost, amounts paid to slum
dwelleIs. tenants, aPanment owners or apPropriatc
authority or govcmment clr concessionaire which are
not rcfundablc and so on.

iri. Incuned Expendtture toward ASR linked premium,


fccs. charges and security deposits or maintenance
deposit. or any amount whatsoever paid to any
authorities towards artd in project of rehabilitation-
tv Any other cost including tnterest incurred on the
bonowing donc spccifically lor construction ol
rchabi litation conrponcnt.

Sub - Total of [.and Cost


cERTg TIrffi {rqq{ fi{Trn{uT qrq ?IT-6, Bi[q{ ll, ?o?t/ds t, Yrt tlYi R,r

(l) (2) (l)


2 Development Cost / Cost of Constrllclion
(i) Expenditure 1br construction. Mininrum of(a) and (b) to bc
considercd
(a) Construction cost incurred including sitc
dcveloprucnt and inliastructure fbr thc sanle as
cerrilied hy Fngrneer
(b) Actual Cost of constnrction incurred as Per the
books ofaccounts as verified by the CA,
(ii) Cost incurred on additional items not included in estimated
cosl (As per engineer certificate)
(iir)lncuned Experrdimre for development of entire project
cxcluding cost of construction as pcr (i) abovc, i.c ' salarics,
consultants fees. sirc ovelhcads, dcvcloprncnt works, cost of
scwices (including water. elcctlicity. scxeragc, drainagc
layout roads €tc.), absorbed cost (attributable to this project)
of Lnachineries and equipmenr including irs hire and
nraintenance costs, consumables etc. All costs incurred ro
cotnplete the construction of the entire phase of the project
registcred.
-l-axes,
(iv) Incuned Expendirure towards cess, f'ees. charges.
premiums, inlerest etc. to any Statutory Authority.
(v) Incuned Expenditure towards Intercst to Financial
institutions, scheduled banks, non-banking financial
institution (NBFC) oL money lenders on construction
funding ol nroney borrowed lor construction.

Sub-total of Development Cost

3 'I otal Cost of the Project (Actual incurred as on dalc of certificatc)

4 Proportion olthe Cost incurred on Land Cost and Construction

Cost to the'fotal Esrimated Cost(Table A).

5 Amt.runt which can be withdrawn fronr the Designated Account

6 Less: Amount withdrawn till date of this certifica(e fronr thc

Designated Account

7 Nct Amount u'hich can be withdrau n fi'ont the Dcsignatcd Bank


Account under this certificate

iPass tlrrough charges or indirect taxcs not included in incuncd cost ofthe projcct

rlTrt
"T{-i5-cq-Y
tq cErtlg ylrg{ rr-rq',[ sIHItIt{q IIFI qr-ir, Hqr rr, lo?qf e t, Yr*' tiul
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

S.No l'lat No. Carpet Area Unit Consideration as per Ready


(in.sq.mtrs) Reckoner Ratc
(l) (2) (3) (4)
I
.,

3
4
Total
Table D

Comparison betrveen Balance Cosl and Reccivables

S.l{o. Particulars Amount


(l) (2) (3)
I Flstimated tsalance Cost to Complete the Real Estatc Project
(DilTerence of'fotal Estimated Project cost less Cost incurred)
2 Balance amount of receivables tiom sold apanments as per Table C
of rhis cerlificate (as certihed by Chanered Accountant as veritied
fiorn the records and books ofAccounts)
3 (i) Ralancc Unsold area (to be certificd by Managcment and to be
vcliticd by CA from the records arrd books of accounts),
(ii) Estimated amount of sales procecds in respecr of unsold
apartnrents (calculated as per ASR multipticd to unsold area as on the
datc ofccrtificatc, to bc calculatcd and ccrtificd by CA)
as pcr Table C to this certificatc
4 Ilstimated rcceivables ofongoing projcct. ISt'm of2 + 3(ii))]
5 (To Be Filled for Ongoing Projects only)
Arnouut to be deposited in Designated Accoult - 70% or 100%
IF 4 is greater than I, then 70% ofthe balancc rcccivablcs oftrngoing
projcct rvill be deposited in designatcd AccoLrnt
ll:4 is lesser than t, then 100o.; ofthc halance rcccivablcs ofongoing
project will be deposited h designated Accor.rtt
q-6Rrq vrr+FT Trqqr sr{Tgn{ur rTFr qrt-a', B+fi ?i, ?o?t/ds c, yrt rrxe qs

Tablc E
D€signatcd Bank.A.ccorrnt Dctails

S.No. Particulars Dcsignatcd Bank Arc0unt Details


Actuel Amount till Dete (F'rom starl
ofbark account to till datc)
I Opcning Balancc
2 Deposits

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)

qFT qR-6-\i1- Y 3T
\. q€rrrg vrrgi rFrqlr q{TrnruT tflrr qrr-tr, ffim rr, ?o?t/ds t, yr*' cqui
Tablc G

Any Commcn ts/Obs€rvations of CA

I
2
3
4

Yours FaithlullY,

Signaturc of Chsrtered Accountant

(UIr1N,...,......,. and N{embcrship Number,....,.......)

Name...............

Agrccd and acceptcd by

Signarure of Promoter
Namc:
Datc:
c6rrrq rtr<,r {rq[, ssrurrrT qrrT irlT-ir, Hqr cq, ?"?t/ds r, wt tcvl q1

Annexurc E
FORi\l 4
(Ssd Regulation 3)

A RC H ITECT'S CI]RTI FICAT 1]

(To be issued on contplction of Rc8,istcrcd Projcct)


f)atc
't o,

't-he (Name & Address of ['romoter),

Subjcct: Cenificate of Comple(ion of Construction Work of <Proiect Name> having MahaRFiRA


Registmtion Nuurber heinq dcvekrrrcd hy (Pror))otcr's Name)

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

all aspccts as pcr agrcemcnt of sale.

Yours Faithfully,

Signature and Name (lN BLOCK LETTERS) oIL.S/Architect wilh

(Licencc No. ..... .. . .)

Agrccd and Acccpted by

Signature of Promoter
Name:
Dat
10 qEITIg flr[i {l!Fr, srfiqrwT arr{ qIT-i5,, B+cr rc, Q"?q/ds q, vr*' qrxr

Annexure F
l-oRNt 5

(See Regulation 4)

ON 1'HE LEITF)R HEAD O1.-CHAR'|ERED ACCOUNI'ANT (WHO IS ANNUAL AUDII'OR OF-THE


PITOMOTL,I{'S COMPANY/I--IRM)
ANNUAL REPORT ON STATEMENT OF ACCOU\TS
CHAR I t RED ACCUUiYI Arri l 'S CljR'I ltlCA I E (On Letter Head)
Date

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:

F'or this l-iscal year Total for this project tiu


date
Total amount collected fror'rl
allottecs
2 70 o[amount to be depositcd
as per act
3 Amount to be deposited as
per act (l *2)
4 Toral amount deposited in the
Designated Bank Account
5 7o of Amount deposited in
Designated Bank Account
(4)/(l)*lool
6 ShortfalVExcess deposit (34)
Amount collected/deposited at Sr. No. 1 & 2, shall not include pass through charges and indirect laxes.

H of moncy collectcd from allottees of the


as the requ ired proportion pr oject un its, as spcc ificd in the act,
deposited in tlre Designated RERA Bank Account? (Yes / No)

lf No. Please mention the amount not d sited


cErrg urs{ rrqct q{rqRUT qFT qr{-i[, ffiqr rc, 1o11/frq R, Yr* rlxa tl
B. Withdrewals
Fo[ this Fiscal year Total for this projecl till
date
t, Opcning Balancc ol'
Designated Rank Account
2 Total Dcposits
3 Total amount withdrawn
4 Closins Balance

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

D. Any Qualilications / Observations of CA


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.

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