CALCULATION OF INTEREST ON ACCOUNT OF DEFERRED PAYMENT OF EDC (PUNJAB PROJECT : AMRITSAR)

All figures are in Rs. Lacs

S.No. Amount of EDC (Rs.) Installment Month Payment of EDC Balance Amt. of EDC Interest @15% p.a.
(Half Yearly) in Installment Interest Amount
(A) (B) ( C) (D) E = A * 0.15 / 2

1 969.50 November 2005 161.58 807.92

2 807.92 May 2006 161.58 646.34 60.59

3 646.34 November 2006 161.58 484.76 48.48

4 484.76 May 2007 161.58 323.18 36.36

5 323.18 November 2007 161.58 161.60 24.24

6 161.60 May 2008 161.58 0.02 12.12

TOTAL 969.48 181.79

 PROJECT : PANIPAT (NEW) (HARYANA)
Date : February 26, 2005

SALE PATTERN INSTALMENT PLAN : PLOTS INSTALMENT PLAN : PLOTS

Booking Amount : Land Area : 110 acre i.e. 4,45,155 Sq. Mtr.
Eight Instamlents : Plotted Area : 55% i.e. 2,44,835 Sq. Mtr.
Ninth Instalment : Sale Rate : Rs. 5,980/- per Sq. Mtr.
Possession : : Rs. 5,000/- per Sq. Yds.

AREA UNIT RATE TOTAL VALUE MONTHS

ITEM
SQ.MTR RS. Rs. / Lacs 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 TOTAL

INFLOW Possession
PLOTS 244,835 Sq.mtr. 5,980 14,641.00
EDC RECOVERY 110.00 Acres 18.16 Lacs 1,998.00
16,639.00

REGISTRATION CHARGES 244,835 Per 100 Sq.yd. 50000

Or
Per 100 Sq.mtr. 59800 1,464.00 500.00 500.00 464.00 1,464.00

Balance Amount in installment 15,175.00 1,663.00 1,663.00 1,663.00 1,663.00 1,663.00 1,663.00 1,663.00 1,663.00 1,039.05 831.95 15,175.00

TOTAL INFLOW 16,639.00 500.00 500.00 464.00 - 1,663.00 1,663.00 1,663.00 1,663.00 1,663.00 1,663.00 1,663.00 1,663.00 1,039.05 - - - - - - - - - 831.95 - - - - - - - 16,639.00
AREA
OUTFLOW in ACRE -
LAND COST 110.00 ACRE 35.00 3,850.00 154.00 115.50 115.50 577.50 481.25 481.25 481.25 481.25 481.25 481.25 3,850.00
REGISTRATION CHARGES 6% 110.00 ACRE 25.00 165.00 80.00 85.00 165.00
MISC (1.5% of Land Cost) 58.00 25.00 25.00 8.00 58.00
LICENCE -
- Licence Fee @ Rs. 1.0 lac/Acre 110.00 ACRE 1.00 110.00 110.00 110.00
- Scrutiny Fee @ 40% 110.00 0.40 44.00 44.00 44.00
- Service Charges 110.00 ACRE 0.23 25.30 12.65 12.65 25.30 Rs. 413.05 L + Rs. 123.91 L
- CLU - Rs. 413.05 L + Rs. 92.94 L
- EDC 110.00 ACRE 30.04 3,304.40 413.05 413.05 413.05 413.05 1,652.20 +1652.2 Lacs Rs. 413.05 L + Rs.61.95 L
- Misc. - Rs. 413.05 L + Rs. 13.98 L
- EDC (Interest) 867.39 216.85 185.87 154.89 557.61 +309.78 Lacs
DEV COST 110.00 ACRE 8.00 880.00 13.20 17.60 17.60 26.40 26.40 35.20 35.20 35.20 44.00 44.00 44.00 44.00 52.80 52.80 52.80 52.80 44.00 44.00 44.00 35.20 35.20 35.20 17.60 17.60 13.20 880.00
BROKERAGE @ 5% 366.00 10.98 10.98 14.64 14.64 14.64 18.30 18.30 18.30 21.96 21.96 21.96 25.62 25.62 25.62 25.62 25.62 21.96 21.96 7.32 366.00
SALARY / WAGES FOR 30 Months 30.00 MONTHS 3.00 90.00 1.00 2.00 2.00 2.00 2.00 3.00 3.00 3.00 3.00 4.00 4.00 4.00 4.00 4.00 4.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 90.00
MARKETING-3% of Sale Value 439.00 17.56 26.34 26.34 30.73 61.46 61.46 43.90 21.95 21.95 21.95 17.56 17.56 17.56 17.56 17.56 17.56 439.00
OVERHEAD for 30 MONTHS 30.00 MONTHS 1.00 30.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 30.00
-
-
TOTAL OUTFLOW 10,229.09 261.00 228.50 139.70 38.16 635.42 715.62 982.72 596.55 596.55 583.65 570.50 89.25 722.81 88.52 97.32 99.98 99.98 99.98 690.10 73.62 69.96 61.16 46.52 39.20 589.54 21.60 17.20 4.00 4.00 4.00 10,229.09
-

PROFIT (MONTH WISE) 6409.91 239.00 271.50 324.30 -38.16 1027.58 947.38 680.28 1066.45 1066.45 1079.35 1092.50 1573.75 316.24 -88.52 -97.32 -99.98 -99.98 -99.98 -690.10 -73.62 -69.96 -61.16 785.43 -39.20 -589.54 -21.60 -17.20 -4.00 -4.00 -4.00 6409.91

CUMULATIVE 6,409.91 239.00 510.50 834.80 796.64 1824.22 2771.60 3451.88 4518.33 5584.78 6664.13 7756.63 9330.38 9646.62 9558.10 9460.78 9360.80 9260.82 9160.84 8470.74 8397.12 8327.16 8266.00 9051.43 9012.23 8422.69 8401.09 8383.89 8379.89 8375.89 8371.89
-1961.98 Lacs

PROJECT : PROPOSED CASH FLOW FOR PANIPAT PROJECT (HARYANA)

Date : Sep 05, 2005

INSTALMENT PLAN : PLOTS INSTALMENT PLAN : PLOTS

First Installment : 7.5% To be Purchased by ABL 81.044 Acre Efficiency 55% = 5,22,932.96 x 55% = 2,87,613.12 Sq.yd.
Second Installment : 15% Land Area available for collaboration 27.00 Acre Less area to be handed over to collaborator
Six Instamlents : 10% Each 108.044 Acre @1100 Sq.yd./Acre I.e. 27 Acre x 1100 Sq.yd. Per Acre 2,97,00.00 Sq.yd.
Ninth Instalment : 7.5% 108.044 Acre x 4840 Sq. yd. = 5,22,932.96 Acre Balance available with ABL = 2,57,913.12 Sq.yd.
Tenth Installment : 5%
Possession : 5%
INSTALLMENT 7.50% 20% 10% 10% 10% 10% 10% 10% 7.5% 5%
-----------2005--------------- ------------------------------------------------------ 2006 -------------------------------------------------------------------- ---------------------------------------- 2007 ---------------------------------------
AREA UNIT RATE TOTAL VALUE Upto Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
ITEM SQ. YD. RS. Rs. In Lacs 31-08-05 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 37 43 TOTAL

INFLOW -
PLOTS 257,913 Sq.yd. 5,500 14,185.00 -

REGISTRATION CHARGES 1,064.80 1,064.80 1,064.80

2,837.00 1,418.50 1,418.50 1,418.50 1,418.50 1,418.50 1,418.50 1,062.93 236.42 236.42 236.42 13,120.18

EDC RECOVERY 108.04 Acres 21.00 Lacs 2,268.92 453.78 243.10 243.10 243.10 243.10 243.10 243.10 243.10 37.82 37.82 37.82 2,268.92
-
TOTAL INFLOW 16,453.92 1,064.80 - - - 3,290.78 - 1,661.60 - 1,661.60 - 1,661.60 - 1,661.60 - 1,661.60 - 1,661.60 - 1,306.02 - 274.23 274.23 274.23 - - - - - - - - - - - 16,453.90
-
OUTFLOW
LAND COST 81.04 Acre 45.60 3,695.61 -
(Balance 27.00 Acre on Collaboration basis) -
Advance paid to Land Owner's 140.87 140.87 140.87
Signing of Sale Deed @25% of Land Cost 937.57 937.57 937.57
Balance 75% in equal installment 2,617.15 563.75 563.75 563.75 563.75 181.07 181.07 2,617.15
Registration Charges @6% of Land Cost 221.69 221.69 221.69
Misc. Charges @2% of Land Cost 73.90 73.90 73.90
-
LICENCE -
- Licence Fee @ Rs. 4.0 lac/Acre 108.04 Acre 4.00 432.18 432.18 432.18
- Scrutiny Fee @ .40 Lacs per Acre 108.04 Acre 0.40 43.22 43.22 43.22
- Service Charges @0.40 lacs per Acr 108.04 Acre 0.40 43.22 43.22 43.22
- CLU @4.86 Lacs per Acre 108.04 Acre 4.86 525.09 525.09 525.09
- EDC @21.00 Lacs per Acre ******* 108.04 Acre 21.00 2,268.92 283.62 283.62 283.62 283.62 283.62 283.62 283.62 1,985.31
283.62 283.62
- EDC (Interest) @15% per Annum 108.04 Acre 595.57 148.89 127.63 106.35 85.08 63.81 63.81 595.57
DEV COST @15.0 Lacs per Acre 108.04 Acre 15.00 1,620.66 10.00 15.00 20.00 35.00 40.00 60.00 60.00 65.00 70.00 70.00 90.00 90.00 90.00 90.00 80.00 80.00 70.00 70.00 70.00 60.00 60.00 60.00 60.00 60.00 60.00 45.00 40.66 1,620.66
MARKETING, BROKERAGE @ 10% of 50% Sale Value 709.25 20.00 20.00 20.00 20.00 20.00 20.00 20.00 30.00 30.00 40.00 40.00 40.00 40.00 40.00 40.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 20.00 15.00 15.00 9.25 709.25
Salary/Wages !Rs. 10.00 Lacs per mo 30.00 Month 10.00 300.00 2.00 3.00 3.00 5.00 5.00 5.00 8.00 8.00 8.00 10.00 10.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 10.00 10.00 10.00 10.00 8.00 8.00 8.00 4.00 300.00
Contingencies @1% of Sale Value 141.85 3.00 3.00 3.00 5.00 5.00 5.00 8.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 8.00 5.00 5.00 3.00 3.00 3.00 2.85 2.00 2.00 2.00 2.00 2.00 141.85
-
TOTAL OUTFLOW 10,671.14 140.87 1,248.16 1,932.08 609.75 628.75 633.75 271.07 277.07 535.51 118.00 120.00 150.00 155.00 155.00 566.25 143.00 140.00 120.00 118.00 118.00 497.97 107.85 107.00 102.00 92.00 87.00 440.70 57.91 8.00 8.00 4.00 - 347.43 631.04 10,671.14
-

SURPLUS / DEFICIT 5782.78 923.93 -1248.16 -1932.08 -609.75 2662.03 -633.75 1390.53 -277.07 1126.09 -118.00 1541.60 -150.00 1506.60 -155.00 1095.35 -143.00 1521.60 -120.00 1188.02 -118.00 -223.73 166.38 167.23 -102.00 -92.00 -87.00 -440.70 -57.91 -8.00 -8.00 -4.00 0.00 -347.43 -631.04 5782.76

CUMULATIVE 5,782.78 923.93 -324.23 -2256.31 -2866.06 -204.03 -837.78 552.75 275.68 1401.77 1283.77 2825.37 2675.37 4181.97 4026.97 5122.32 4979.32 6500.92 6380.92 7568.95 7450.95 7227.21 7393.59 7560.83 7458.83 7366.83 7279.83 6839.13 6781.22 6773.22 6765.22 6761.22 6761.22 6413.80 5782.76

******* - 7th & 8th installment of EDC shall be paid in the month of 43rd & 49th month.

PROFITABILITY - PANIPAT PROJECT (REVISED)

28th Oct. 2005

PLOTS 212960 Sq.yd. @ Rs. 6,000/- per Sq.yd. 12,778.00

EDC RECOVERY 80 Acre @ Rs. 18.16 Lacs per Acre 1,453.00

TOTAL INFLOW 14,231.00

OUTFLOW
LAND COST - 80 Acre @Rs. 53.00 lacs per Acre = Rs. 4240.00 Lacs 4,240.00
Sale Deed @6% 254.40
MISC (1.5% of Land Cost) 63.60
LICENCE
- Licence Fee @ Rs. 1.0 lac/Acre 80.00
- Scrutiny Fee @ Rs. 0.40 Lacs per Acre 32.00
- Service Charges - 0.23 per Acre 18.40
- CLU @Rs. 3.88 Lacs per Acre 310.40
- EDC @Rs. 18.11 Lacs per Acre 1,452.80
- MISC (1.5% of Land Cost) 63.60
- EDC (Interest) @15% per annum 381.36
DEV COST @15 Lacs per Acre 1,200.00
BROKERAGE @ 5% of 50% Sale Value 355.78
SALARY / WAGES @Rs. 4.00 lacs per month for 30 months 120.00
MARKETING-2% of Sale Value 284.62
OVERHEAD @Rs. 1.0 lacs per month for 30 Months 30.00

TOTAL OUTFLOW 8,886.96

PROFIT (INFLOW - OUTFLOW) 5344.05

RAJASTHAN PROJECT
Date : 05th May 2005

INSTALMENT PLAN : PLOTS INSTALMENT PLAN : PLOTS

Nine Installment : 10% Each Land Area : 350 Bigha or 218.75 Acre i.e. 10,58,750 Sq. Yd.
Tenth Instalment : 5% Plotted Area : 55% i.e. 5,82,313.00 Sq. Yd.
Possession : 5% Sale Rate : Rs. 3,500/- per Sq. Yd.

-----------2005--------------- ------------------------------------------------------ 2006 -------------------------------------------------------------------- ---------------------------------------- 2007 --------------------------------------- ------------------------------------------------ 2008 -----------------------------------------
AREA UNIT RATE TOTAL VALUE Upto May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun July Aug Sep Oct TOTAL
ITEM
SQ. YD. RS. Rs. In Lacs 30-04-05 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42

INFLOW -
PLOTS 582,313 Sq.yd. 3,500 20,381.00 <----------- Possession ----------> -
-
20,381.00 -
-
PAYMENT ALREADY RECEIVED 2,000.00 2,000.00 2,000.00
-
Balance Amount in installment 18,381.00 38.10 2,038.10 2,038.10 2,038.10 2,038.10 2,038.10 2,038.10 2,038.10 2,038.10 1,019.05 339.68 339.68 339.68 18,381.00
-
TOTAL INFLOW 20,381.00 2,000.00 - - - - 38.10 2,038.10 2,038.10 2,038.10 2,038.10 2,038.10 2,038.10 2,038.10 2,038.10 1,019.05 - - - - - - - - - - - - - - - - - - - 339.68 339.68 339.68 - - - - - - 20,381.00
-
OUTFLOW Rates in Lacs -
LAND COST -
Execution of Sale Deed 350.00 Bigha 18.00 6,300.00 6,300.00 6,300.00
Sale Deed @11% of Land Cost 350.00 Bigha 693.00 693.00 693.00
MISC (2% of Land Cost) 126.00 126.00 126.00
LICENCE -
- Licence Fee @ Rs. 2.0 lac/Bigha 350.00 Bigha 2.00 700.00 700.00 700.00
- Misc. 350.00 Bigha 1.00 350.00 350.00 350.00
DEV COST 350.00 Bigha 9.00 3,150.00 50.00 50.00 80.00 80.00 100.00 100.00 100.00 150.00 150.00 150.00 150.00 150.00 150.00 150.00 150.00 150.00 150.00 150.00 120.00 100.00 80.00 80.00 75.00 75.00 60.00 60.00 50.00 50.00 40.00 40.00 40.00 40.00 30.00 3,150.00
Sales, Marketing & Brokerage 10% of Sale value 2,038.10 20.00 20.00 20.00 40.00 40.00 70.00 70.00 70.00 70.00 70.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 60.00 60.00 60.00 60.00 60.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 24.50 23.60 2,038.10
SALARY / WAGES FOR 36 Months 36.00 MONTHS 10.00 360.00 4.00 4.00 6.00 6.00 10.00 17.00 17.00 17.00 17.00 17.00 17.00 17.00 17.00 17.00 12.00 12.00 12.00 10.00 10.00 10.00 10.00 10.00 10.00 8.00 8.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 360.00
OVERHEAD - 1.5% of Sale Value 305.72 6.00 6.00 6.00 6.00 8.00 8.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 7.00 7.00 7.00 7.00 7.00 7.00 6.00 6.00 6.00 6.00 6.00 5.00 5.00 5.00 5.00 5.00 5.00 3.72 305.72
Contingencies - 1% of Sale Value 203.81 3.50 3.50 4.00 4.00 5.00 5.00 5.50 5.50 5.50 5.50 6.00 6.00 6.50 7.00 7.00 7.50 7.50 7.00 7.00 7.00 8.00 8.00 7.00 7.00 7.00 6.50 6.50 6.50 6.00 6.00 5.00 5.00 5.00 4.81 203.81
-
TOTAL OUTFLOW 14,226.63 - 7,125.00 1,060.00 63.50 85.50 118.00 122.00 172.00 172.00 202.50 252.50 252.50 252.50 253.00 283.00 283.50 279.00 279.00 279.50 277.50 277.00 247.00 187.00 165.00 165.00 157.00 157.00 129.00 128.50 117.50 117.50 107.00 107.00 106.00 105.00 69.50 38.41 10.00 10.00 10.00 3.72 - - 14,226.63
-
-
SURPLUS / DEFICIT 6154.37 2000.00 -7125.00 -1060.00 -63.50 -85.50 -79.90 1916.10 1866.10 1866.10 1835.60 1785.60 1785.60 1785.60 1785.10 736.05 -283.50 -279.00 -279.00 -279.50 -277.50 -277.00 -247.00 -187.00 -165.00 -165.00 -157.00 -157.00 -129.00 -128.50 -117.50 -117.50 -107.00 -107.00 -106.00 234.68 270.18 301.27 -10.00 -10.00 -10.00 -3.72 0.00 0.00 6,154.37

CUMULATIVE 6,154.37 2,000.00 -5125.00 -6185.00 -6248.50 -6334.00 -6413.90 -4497.80 -2631.70 -765.60 1070.00 2855.60 4641.20 6426.80 8211.90 8947.95 8664.45 8385.45 8106.45 7826.95 7549.45 7272.45 7025.45 6838.45 6673.45 6508.45 6351.45 6194.45 6065.45 5936.95 5819.45 5701.95 5594.95 5487.95 5381.95 5616.63 5886.82 6188.09 6178.09 6168.09 6158.09 6154.37 6154.37 6154.37

PROPOSED PROFITABILITY - FARIDABAD PROJECT

26th July 2005

All figures are in Rs. Lacs

INFLOW

SOCIETY LAND 50 Acre

INDEPENDENT HOLDING 32 Acre
LAND TO BE PROCURED BY ABL 18 Acre
100 Acre

ABL SHARE IN SOCIETY LAND + INDEPENDENT LAND @1462 SQ. YD. PER ACRE
PLOTTED AREA = 55%
TOTAL PLOTTED AREA = 82 ACRE X 4840 SQ. YD. X 55% = 2,18,284.00 SQ.YD.

ABL SHARE (SOCIETY LAND + INDEPENDENT LAND)

82 ACRE X 1462 SQ. YD. PER ACRE = 1,19,884.00 SQ.YD.

PLOTTED ARE OF THE LAND (TO BE PROCURE BY ABL)

18 ACRE X 4840 SQ. YD. X 55% = 47,916.60 SQ.YD.
TOTAL AREA = 1,67,800.00 SQ.YD.

SALE RATE @RS. 4,500/- PER SQ. YD. 7,551.00

RECOVERY OF EDC (ABL SHARE)

(A) 45.03 ACRE @ RS. 21.00 LACS PER ACRE = 945.63
(B) 18.00 ACRE @ RS. 21.00 LACS PER ACRE = 378.00
1,323.63 1,323.63

APPROXIMATELY RS. 434/- PER SQ.YD. (EDC)

TOTAL INFLOW 8,874.63

OUTFLOW
LAND COST - 18 Acre @Rs. 40.00 lacs per Acre 720.00
Registration charges @6% of land cost
- 18 Acre @Rs. 40.00 lacs per Acre = Rs. 720.00 lacs
- 82 Acre @Rs. 10.00 lacs per Acre = Rs. 820.00 lacs

TOTAL Rs. 1540.00 Lacs @6% 92.40

MISC (2.0% of Land Cost) 30.80

LICENCE
- Licence Fee @ Rs. 4.0 lac/Acre for 100 Acre 400.00
- Scrutiny Fee @ Rs. 10 per Sq. mtr. Or 0.40 Lacs per Acre 40.00
- Service Charges @ Rs. 10 per Sq.m. or 0.40 lacs per Acre 40.00
- CLU @Rs. 120 per Sq.m. or Rs. 4.86 lacs per Acre 486.00
- EDC @Rs. 21.00 Lacs per Acre for 100 Acre payable in 6 equal installments 2,100.00

EDC (Interest) @15% per Annum 393.75

DEV COST @15 Lacs per Acre for 100 Acre 1,500.00

BROKERAGE, Sales & Marketing @ 8% of Sale Value I.e. 10% Rs. 7059.31 Lacs 604.08

SALARY / WAGES @3% of Sale value I.e. 3% of Rs. 7059.31 lacs 211.78

Contingencies @1% of Sale value I.e. 1% of Rs. 7059.31 Lacs 70.59

MISC @Rs. 8.00 lacs per Acre for 100 Acre 800.00

TOTAL OUTFLOW 7,489.40

PROFIT (INFLOW - OUTFLOW) (+) 1385.23

PROPOSED PROFITABILITY - BIKANER PROJECT

29th Aug. 2005

All figures are in Rs. Lacs

INFLOW
ALT. I ALT. II
LAND AREA - 220 BIGHA X 3025 SQD. PER BIGHA = 6,65,500 SQ.YD.

EFFICIENCY - 55% PLOTTED AREA

6,65,500 SQ. YD. X 55% = 3,66,025 SQ.YD.

ALTERNATE - I
SALE RATE @RS. 3,800/- PER SQ. YD. 13,908.95

ALTERNATE - II
SALE RATE @RS. 3,500/- PER SQ. YD. 12,810.88

TOTAL INFLOW 13,908.95 12,810.88

OUTFLOW
LAND COST - 220 Bigha @Rs. 7.00 lacs per Bigha 1,540.00 1,540.00

Sanctioning Cost

CLU/EDC/Registration / Sale Deed 300.00 300.00

Development Cost @ Rs. 15.00 lacs per Acre

220 Bigha x 0.625 x 15 lacs 2,062.50 2,062.50

Overhead Expenses - 3% of Sale Value 417.27 384.33

Contingencies @1% of Sale Value 139.09 128.11

Sales, Marketing & Brokerage - 8% of Sale Value 1,112.72 1,024.87

TOTAL OUTFLOW 5,571.57 5,439.81

PROFIT (INFLOW - OUTFLOW) (+) 8337.38 7371.07

PROFITABILITY - PANIPAT PROJECT (REVISED)

31st Aug 2005

LAND AREA

To be purchase by ABL 81.044 Acre

Land area available for collaboration 27.00 Acre
108.044 Acre

108.044 Acre x 4840 Sq.yd. = 5,22,932.96 Sq.yd.

Efficiency 55% = 5,22,932.96 x 55% = 2,87,613.12 Sq.yd.

Less area to be handed over to

collaboration @1100 Sq.yd. Per Acre
I.e. 27 Acre x 1100 Sq.yd. Per Acre = 2,97,00.00 Sq.yd.

Balance available with ABL 2,57,913.12 Sq.yd.

INFLOW

Sale of Plots @Rs. 6000/- per Sq.yd.

2,57,913.12 x Rs. 6000/- per Sq.yd. 15,474.79

EDC -

TOTAL INFLOW 15,474.79

OUTFLOW
LAND COST - Average rate @Rs. 45.60 lacs per Acre 3,694.87
Registration charges @6% of Land Cost I.e. 6% of Rs. 3,694.87 Lacs 221.69
MISC (2% of Land Cost) 73.90
LICENCE
- Licence Fee @ Rs. 4.0 lac/Acre for 108.044 Acre 432.17
- Scrutiny Fee @ Rs. 0.40 Lacs per Acre 43.22
- Service Charges - 0.40 per Acre 43.22
- CLU @Rs. 4.86 Lacs per Acre 525.09
- EDC -
- EDC (Interest) @15% per annum 425.00
DEV COST @Rs. 15.00 Lacs per Acre 1,620.66
BROKERAGE, SALES & MARKETING @ 10% of 50% Sale Value 773.74
SALARY / WAGES @3% of Sale Value of Rs. 15,474.79 Lacs 464.24
Contingencies @1% of Sale Value 154.75

TOTAL OUTFLOW 8,472.55

PROFIT (INFLOW - OUTFLOW) (+) 7002.24

PROFITABILITY - PANIPAT PROJECT (REVISED)

31st Aug 2005

LAND AREA

To be purchase by ABL 81.044 Acre

Land area available for collaboration 27.00 Acre
108.044 Acre

108.044 Acre x 4840 Sq.yd. = 5,22,932.96 Sq.yd.

Efficiency 55% = 5,22,932.96 x 55% = 2,87,613.12 Sq.yd.

Less area to be handed over to

collaboration @1100 Sq.yd. Per Acre
I.e. 27 Acre x 1100 Sq.yd. Per Acre = 2,97,00.00 Sq.yd.

Balance available with ABL 2,57,913.12 Sq.yd.

INFLOW

Sale of Plots @Rs. 5500/- per Sq.yd.

2,57,913.12 x Rs. 5500/- per Sq.yd. 14,185.22

EDC -

TOTAL INFLOW 14,185.22

OUTFLOW
LAND COST - Average rate @Rs. 45.60 lacs per Acre 3,694.87
Registration charges @6% of Land Cost I.e. 6% of Rs. 3,694.87 Lacs 221.69
MISC (2% of Land Cost) 73.90
LICENCE
- Licence Fee @ Rs. 4.0 lac/Acre for 108.044 Acre 432.17
- Scrutiny Fee @ Rs. 0.40 Lacs per Acre 43.22
- Service Charges - 0.40 per Acre 43.22
- CLU @Rs. 4.86 Lacs per Acre 525.09
- EDC -
- EDC (Interest) @15% per annum 425.00
DEV COST @Rs. 15.00 Lacs per Acre 1,620.66
BROKERAGE, SALES & MARKETING @ 10% of 50% Sale Value 709.26
SALARY / WAGES @3% of Sale Value of Rs. 14,185.12 Lacs 425.56
Contingencies @1% of Sale Value 141.85

TOTAL OUTFLOW 8,356.49

PROFIT (INFLOW - OUTFLOW) (+) 5828.73