Axis Bank Kalina Ref No : MUM VALUATION REPORT SUMMARY Date : 26/11/2016

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Axis Bank Kalina Ref No : MUM- 10233050 VALUATION REPORT SUMMARY Date : 26/11/2016 File Reference No. : 1240540 Sourced By : NEELAM ARCH CONSULTANTS PVT. LTD. Name of the applicant : Rustomjee Urbania (Azziano) Phone Number : 9870103044 BUILDER INFORMATION Name of the Builder / Developer Address of Builder / Developer M/s. Rustomjee Come Home Rustomjee, JMC House, Bisleri Compound, Western Express Highway, Andheri (E), Mumbai 400099 Phone / Contact Numbers Mr.Sankesh Kolambekar 9773701070/ Mr. Pinkesh Vankvani - 9870103044 Architect M/s. Archetype Consultants PROJECT DETAILS Name of the Project Address of the Project Nearby Landmark Class of Locality Proximity to Civic Amenities Rustomjee Urbania (Azziano) Proposed Building on Property Bearing S. No. 12, 13, 14pt, 15, 16pt, 17pt,18pt, 19pt, 20, 21pt, 30pt, 35 to 38, 41pt, 42, 43, 44, 45pt, 46pt, 47pt, 48, 49,50, 51, 53Pt, 54, 55, 84pt, 327, 328, 329, 345, 383,386pt, 423, 424 & othersof Village Majiwade, Thane (W) Near Majiwada Junction Middle class Nearest Railway Station - Site is at 2-3 km distance from Thane Nearest Bus Stop -. Site is at 0-1 km distance from Vrindavan Society Nearest Hospital -. Site is at 0-1 km distance from Bansal Hospital. Boundaries North South East West At Site As per Documents Eastern Express Highway Akash Ganga Building Saket Complex Vrindavan Complex Boundaries matching with the documents provided : Yes Longitude & Latitude of Project: 19.2096787,72.9865105 Plot Area Permissible : Permissible FSI : FSI Consumed : Proposed Built Up Area : Number of wings approved : DOCUMENT DETAILS Building Permission / Commencement Certificate App. Plan Copies & Level of Approvals. Plan no: V.P. No. S05/0022/10/TMC/TDD/0429/11Dated-12/07/2011(wing B) CC. no. : V.P. No. S05/0022/10/TMC/TDD/0429/11 Dated-12/07/2011(Wing B) Plan no: V.P. No. S05/0022/10/TMC/TD-DP/TPS/1145/14 Dated-06/05/2014.(Wing A,H) C.C. no: V.P. No. S05/0022/10/TMC/TDD/1145/14 Dated-05/06/2014.(Wing A). C.C.no. V.P. No. S05/0022/10/TMC/TDD/1145/14 Dated 06/05/2014(Wing H). Plan no: V.P. No.S05/0022/10/TMC/TD-DP/TPS/1739/16 Dated 23/03/2016 (wing F,G) CC. No. : V.P. No.S05/0022/10/TMC/TD-DP/TPS/1739/16 Dated 23/03/2016 (wing F,G) Plan no: V.P.No.S05/0022/10/TMC/TDD/0946/13 Dated:-16/09/2013 (wing J) CC. No. : V.P.No.S05/0022/10/TMC/TDD/0946/13 Dated:-16/09/2013 (wing J) Plans are available for (Plot No.6A) wing A: - 12th to 26th Floors. Plans & C.C are approved for: (Plot No.6A) wing B: - Stilt + 4Podium + 1st to 25th Floor. Plans & C.C. are approved for (Plot No.6B) wing F,G:- Stilt + 4Podium + 1st to 36th Floor Plans are available for (Plot No.6B) wing H: - 2nd to 31st Floor. Plans & C.C. are approved for (Plot No.6B) (wing J): - Stilt + 4 Podiums +1st to 31st Floors. However bldg will be (wing A, B, C):- Stilt (1st Parking Floor) + 2nd Parking Floor +3rd & 4th Floor (pt) Parking & (pt) Residential + 5th Floor (pt) Residential & (pt) Fitness Center + 1st to 32nd Floors. However bldg will be (wing H,J,):- Stilt + 4 Podium +1st to 36nd Floor. C.C. is 1st floor parking & commercial (pt) + 1st floor podium & commercial (pt) + 2 Level podium parking & residential (pt) + 1st floor podium (pt) & residential (pt) to 26th floor. (wing A) C.C. is Stilt +4Podium + 1st to 31st floor. (wing H) LAND/ BUILDING DETAILS Approved Land Use No. of Shops/Offices/Showrooms No. of Flats/ Sale Area. & Carpet area of Flat Under Construction Shops are not provided Flat number is given as per sale plan. Area calculation = Carpet Area X 1.50 + F.B. + Terrace (Proportionate) = SBUA

(wing A) Azziano Wing A, Plot no.6a: - 12th Floors, Consisting 5 Flats Flat No Type Carpet Area F.B SBUA (1.50) 2 Refuge Area 3,4 3BHK 1025 30 1570 5 2BHK 710 --- 1065 Azziano Wing A, Plot No.6A: - 13th to 15th Floors, Consisting 6 Flats Flat No Type Carpet Area F.B. SBUA (1.50) 1,6 3BHK 1005 40 1550 2,5 2BHK 710 --- 1065 Azziano Wing A, Plot No.6A: - 16th Floors, Consisting 6 Flats Flat No Type Carpet Area Terrace SBUA (1.50) 2,5 2BHK 780 190 1235 Azziano Wing A, Plot No.6A: - 17th & 25th Floors, Consisting 5 Flats Flat No Type Carpet Area SBUA (1.50) 1,6 3BHK 945 1420 2 Refuge Area 3,4 3BHK 990 1485 5 2BHK 710 1065 Azziano Wing A, Plot No.6A: - 18th to 20th, 24th, 26th Floors, Consisting 6 Flats Flat No Type Carpet Area SBUA (1.50) 1,6 3BHK 945 1420 2,5 2BHK 710 1065 3,4 3BHK 990 1485 Azziano Wing A, Plot No.6A: - 21st & 23rd Floors, Consisting 6 Flats Flat No Type Carpet Area F.B. SBUA (1.50) 2,5 2BHK 745 30 1150 Azziano Wing A, Plot No.6A: - 22nd Floors, Consisting 5 Flats Flat No Type Carpet Area F.B. SBUA (1.50) 2 Refuge Area Area calculation = Carpet Area X 1.45 = SBUA (wing B) Azziano:(Type B): 1 st floor -Consisting of3 Flats per floor

2 nd,17 th,12 th & 22 nd floor -Consisting of5 Flats per floor 2 Refuge Flat 3 rd to 5 th,13 th to 16 th,18 th to 21 st & 23 rd floor -Consisting of6 Flats per floor 6 th,8 th & 9 th Floor -Consisting of6 Flats per floor 3 3 BHK 960 1395 4 3 BHK 965 1400 7 th Floor -Consisting of5 Flats per floor 2 Refuge Flat 3 3 BHK 960 1395 4 3 BHK 965 1400 10 th & 11 th floor -Consisting of6 Flats per floor 24 th Floor -Consisting of6 Flats per floor 1 2 BHK 725 1050 3 3 BHK 975 1415 4 3 BHK 985 1430 6 2 BHK 725 1050 25 th floor -Consisting of6 Flats per floor 1 2 BHK 715 1040 6 2 BHK 730 1060

Flat number is given as per sale plan. Area calculation = Carpet Area X 1.50 = SBUA (wing J) Azziano (Wing-J)Plot No. 6B:- 1st, 2nd, 4th, 5th, 7th, 8th, 10th, 11th, 13th, 14th, 16th, 17th, 19th, 20th, 22nd, 23rd, 25th, 26th, 28th to 31st Floors: - Consisting of 6 Flats. Flat No. Type Carpet Area SBUA(1.50) 1, 6 3BHK 1050 1575 2, 5 2BHK 705 1060 3, 4 3BHK 1015 1525 Azziano (Wing-J) Plot No. 6B :- 3rd, 6th, 9th, 12th, 15th, 18th, 21st, 24th, 27th Floors: - Consisting of 6 Flats. Flat No. Type Carpet Area SBUA(1.50) 1, 6 3BHK 1050 1575 2 Refuge Flats 3, 4 3BHK 1015 1525 5 2BHK 705 1060 Flat number is given as per sale plan. Area calculation = Carpet Area X 1.50 + E.P = SBUA (wing H) Azziano,Wing H, Plot No.6B: - 2 nd,4 th,5 th,7 th, 8 th,10 th,11 th,13 th,14 th,16 th,17 th,19 th,20, 22 nd,23 rd,25 th,26 th,28 th to 31 st Floor, Consisting of 6 Flats 1,3 2 BHK 740 28 1140 2,5 2 BHK 690 30 1065 4,6 2 BHK 705 28 1085 Azziano,Wing H, Plot No.6B: - 3 rd,6 th,9 th,12 th,15 th,18 th,21 st,24 th,27 th Floor, Consisting of 5 Flats 1,3 2 BHK 740 28 1140 2 2 BHK 690 30 1065 5 Refuge Area ---- 4,6 2 BHK 705 28 1085 Flat number is given as per sale plan Area calculation = Carpet Area X 1.50 + E.P = SBUA Wing F,G:- 2nd, 4th, 5th, 7th, 8th, 10th, 11th, 13th, 14th, 16th, 17th, 19th, 20th, 22nd, 23rd, 25th, 26th, 28th, 29th, 31st, 32nd, 34th to 36th Floor, Consisting of 6 Flats 1,3 2 BHK 740 29 1140 2,5 2 BHK 690 30 1065 4,6 2 BHK 705 29 1085 Wing F,G:- 3rd, 6th, 9th, 12th, 15th, 18th, 21st, 24th, 27th, 30th, 33rd Floor, Consisting of 5 Flats 1,3 2 BHK 740 29 1140 2 2 BHK 690 30 1065 4,6 2 BHK 705 29 1085 5 Refuge Area

Type of construction Over Quality of construction Amenities within flat RCC frame Structure Under Construction Flooring Doors Windows Kitchen Platform Concealed Plumbing Concealed Electrification Others Marbonite Wooden Flush Door Anodised Aluminum Sliding Windows Black Granite Kitchen Platform Concealed Plumbing - will be provided. Concealed Electrification - will be provided. Security, Garden, Club House, Gymnasium, Swimming Pool, Intercom, Video Door, Joggers Park, Fire Fighting, Satellite cable connections, School, collage, Mall, Multiplex, All amenities are available within 1-2Kms distance, Power Back up Amenities within Project VIOLATIONS OBSERVED IF ANY Lift Power Backup Club House Swimming Pool Others 3 lifts will be provided. Will be provided Yes Yes Garden, Club House, Gymnasium, Swimming Pool, Video Door & Intercom Risk associated ( if any ) Is the property in any Negative List/Unauthorised Layout as per authorities( if any ) RATES AND VALUE Rate of Flats as quoted by builder Recommended Rate of Flats COMPLETION STATUS Stage of Construction No No Rate considered Rs.11800/- per sqft + Rs.50/- floor rise form 1st floor on SBUA Rate considered Rs.11800/- per sqft + Rs.50/- floor rise form 1st floor on SBUA Wing A.B:- Bldg is complete in all respect Wing F - : RCC- Completed upto 40 th floor, Internal Brickwork- Completed upto 40 th upto 40 th floor, External Plaster- Completed upto 40 th floor, Flooring- Completed upto 7 th floor Wing G - : RCC- Completed upto 40 th floor, Internal Brickwork- Completed upto 40 th upto 40 th floor, External Plaster- Completed upto 40 th floor, Flooring- Completed upto 7 th floor Wing H - : RCC- Completed upto 40 th floor, Internal Brickwork- Completed upto 40 th upto 40 th floor, External Plaster- Completed upto 40 th floor Wing J - : RCC- Completed upto 40 th floor, Internal Brickwork- Completed upto 40 th upto 40 th floor, External Plaster- Completed upto 40 th floor, Flooring- Completed upto 7 th floor % of Completion Building Progress Recommendation Wing A - 100 % 100 % Wing B - 100 % 100 % Wing F - 76 % 85 % Wing G - 76 % 85 % Wing H - 75 % 85 % Wing J - 76 % 85 % Date of commencement MAY - 2012 Proposed Date of Completion DECEMBER - 2017 Remarks Annexure if any Wing A:-18th to 24th & 26th floor area mentioned as per our database. Internal inspection & Photographs are not allowed on site by Sankesh Kalambe Sales Person 25337765. Progress given as per verbal information given by Sankesh Kalambe Sales Person 25337765

Additional amount of Rs. 500000/- car parking can be considered provided authentic documents for the allotment is made available to bank Site Visited By Sagar S D Site Visit Date 26/11/2016 Declaration 1. The Property is inspected by our Engineer Mr. Sagar S D 2. We have no direct or indirect interest in the property valued 3. The information furnished above is true and correct to the best of our knowledge and belief and takes into account information and or document submitted or shown to us by the client 4. The Fair Market Value indicated in the report is an opinion of the value prevailing on the date of the said report and is based on market feedback on values of similar properties. The client is free to obtain other independent options on the same. The fair market value of such properties/localities may increase or decrease depending on the future market conditions and scenarios. 5. This report does not certify or confirm any ownership or title of the property that has been valued 6. Genuineness of original documents to be verified by bank Authorities. Authorised Signatory Name of the Valuer Satej K Dharia Chartered Engineer & Valuer NEELAM ARCH CONSULTANTS PVT. LTD.