Parsvnath Developers Ltd.

Committed to build a better world

Q3 FY 08 - Investors’ Update

1
 Highlights

Highlights for the Quarter (Q3FY08 vs Q3FY07)

•Consolidated Net Revenues at Rs 497.09 crore, an increase of 62%

•Consolidated
C lid t d PBIDT att Rs
R 186.65
186 65 crore, an increase
i off 99%
•Consolidated PAT at Rs 112.57 crore, an increase of 109%
•EPS (Non-annualized) at Rs. 6.09

Highlights
g g for the 9 months ending
g FY08 vs FY07

•Consolidated Net Revenues at Rs 1324.27 crore,, an increase of 56%

%
•Consolidated PBIDT at Rs 504.59 crore, an increase of 119.42%
•Consolidated PAT at Rs 317.52 crore, an increase of 127.87%
•Consolidated EPS ((Non-annualized)) at Rs 17.19

2
 Financial Highlights
Q3  Q2  9 months ended 9 months ended All Figures
(Qr. Ended Dec. 07) (Qr. Ended Sept.07) Dec. 07 Dec. 06 in Rs. Cr.
KEY RATIOS
KEY RATIOS
PBDIT MARGIN 37.55% 40% 38.10% 27%
NET MARGIN 22.65% 24.90% 24.00% 16.42%
RETURN ON EQUITY 6.22% 6.05% 17.55% 10.02%
DEBT EQUITY RATIO ‐ ‐ 1:1 0.48

NET DEBT EQUITY RATIO 0.71 0.57 0.71 0.23

FINANCIAL HIGHLIGHTS
REVENUE 497 09
497.09 412 71
412.71 1324.26
1324 26 848 75
848.75
EBITDA 186.65 165.81 504.59 229.96
PBT 172.16 151.56 467.69 206.90
TAX 59.59 48.78 150.17 67.56
PAT 112.57 102.78 317.52 139.34

NETWORTH 1809.32 1696.75 1809.32 1390.27

DEBT 1810.57 1463.77 1810.57 666.61

CASH AND BANK BALANCE
CASH AND BANK BALANCE 525.05
525 05 501.63
501 63 525.05
525 05 335.47
335 47
NET DEBT 1285.52 962.14 1285.52 331.14
NET CURRENT ASSETS 3462.12 2967.88 3462.12 1634.13

NET CURRENT LIABILITIES 1271.66 1470.47 1271.66 643.97

WORK IN PROGRESS
O OG SS 2326 2
2326.42 2347.33
23 33 2326.42
2326 2 777.29
29
SUNDRY DEBTORS 1086.66 872.46 1086.66 298.06
SUNDRY CREDITORS 331.24 512.82 331.24 125.69
CUSTOMER ADVANCES 300.42 269.73 300.42 428.88 3
 Results at a Glance – Q3
UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED DECEMBER 31, 2007
(Rs. in Millions)
Unconsolidated Consolidated
Q
Quarter Nine Months
Particulars Quarter ended Nine Months ended Year ended Year ended
ended ended
31.12.2007 31.12.2006 31.12.2007 31.12.2006 31.03.2007 31.12.2007 31.12.2007 31.03.2007
(Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) (Unaudited) (Unaudited) (Audited)

1 Revenue
a. Income from operations 4,563.69 2,981.90 11,997.62 8,364.21 12,361.36 4,653.07 12,695.02 15,102.95
b. Other Income 310.77 82.01 522.63 123.24 248.46 317.88 547.64 242.08
Total 4,874.46 3,063.91 12,520.25 8,487.45 12,609.82 4,970.95 13,242.66 15,345.03

2 Expenditure
a. Cost of construction/development 2,837.91 2,001.16 7,265.68 5,819.69 8,247.20 2,894.12 7,643.03 10,373.56
b. Staff cost 96.77 66.61 267.10 131.55 215.98 97.29 267.63 218.17
c. Depreciation 61.45 38.15 155.40 91.89 141.43 61.77 156.34 143.28
d. Other expenditure 102.30 58.62 271.25 236.65 333.13 113.03 286.08 337.10
Total 3 098 43
3,098.43 2 164 54
2,164.54 7 959 43
7,959.43 6 279 78
6,279.78 8 937 74
8,937.74 3 166 21
3,166.21 8 353 08
8,353.08 11 072 11
11,072.11

3 Profit before Interest & Tax 1,776.03 899.37 4,560.82 2,207.67 3,672.08 1,804.74 4,889.58 4,272.92

4 Interest and Finance Charges 83.08 87.57 212.59 138.58 193.03 83.09 212.63 193.22

5 Profit before Tax 1,692.95 811.80 4,348.23 2,069.09 3,479.05 1,721.65 4,676.95 4,079.70
6 Provision for Taxation
a. Current Tax 530.00 255.00 1,340.00 665.00 730.00 553.50 1,466.25 950.00
b. Tax adjustment for earlier period (2.43) 26.30 (2.30) 26.30 58.49 23.68 23.81 58.49
c. Deferred Tax 18.01 (10.04) 7.95 (18.59) (31.50) 17.96 7.69 (31.74)
d. Fringe Benefit Tax 0.80 1.87 4.00 3.00 4.30 0.81 4.02 4.35

7 Profit after Tax but before Minority Interest 1,146.57 538.67 2,998.58 1,393.38 2,717.76 1,125.70 3,175.18 3,098.60
8
Less: Minority Interest - - - - - (0 01)
(0.01) (0 05)
(0.05) 176 44
176.44
9 Profit after tax and Minority Interest 1,146.57 538.67 2,998.58 1,393.38 2,717.76 1,125.71 3,175.23 2,922.16

10 Paid-up Equity Share Capital 1,846.96 1,846.96 1,846.96 1,846.96 1,846.96 1,846.96 1,846.96 1,846.96
(Face value Rs. 10 each)
11 Reserves (excluding revaluation reserves) 12,779.84 13,071.05

12 Earnings
g pper Share - Basic & Diluted (
(Rs.)
) 6.21 3.31 16.24 9.10 16.89 6.09 17.19 18.16
(not annualised)
13 Aggregate of public shareholding
a. Number of shares 3,63,25,800 3,63,25,800 3,63,25,800 3,63,25,800 3,63,25,800 3,63,25,800 3,63,25,800 3,63,25,800
b. Percentage of shareholding 19.67 19.67 19.67 19.67 19.67 19.67 19.67 19.67

4
 Results at a Glance – Q3

SEGMENT-WISE REVENUE, RESULTS AND CAPITAL EMPLOYED FOR THE

QUARTER AND NINE MONTHS ENDED DECEMBER 31, 2007
(Rs. in Millions)
Unconsolidated

Quarter ended Nine Months ended Year ended

Particulars
31.12.2007 31.12.2006 31.12.2007 31.12.2006 31.03.2007
(Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited)

1 Segment Revenue
a. Self Owned Projects 4,560.25 2,968.99 11,988.01 8,330.31 12,315.27
b. BOT Projects 12.15 12.91 38.06 33.90 46.09
Total 4,572.40 2,981.90 12,026.07 8,364.21 12,361.36
Other unallocable revenue 302.06 82 01
82.01 494 18
494.18 123 24
123.24 248 46
248.46

Total Revenue 4,874.46 3,063.91 12,520.25 8,487.45 12,609.82

2 Segment Results (Profit before tax and

interest from each segment)
a. Self Owned Projects 1,772.07 947.33 4,713.25 2,436.32 3,953.38
b. BOT Projects 5.72 7.19 18.14 21.52 25.59
Total 1,777.79 954.52 4,731.39 2,457.84 3,978.97
Less:
i. Interest 83.08 87.57 212.59 138.58 193.03
ii. Other unallocable expenditure
(net of unallocable income) 1.76 55.15 170.57 250.17 306.89

Total Profit before Tax 1,692.95 811.80 4,348.23 2,069.09 3,479.05

3 Capital Employed
(Segment Assets - Segment Liabilities)
a. Self Owned Projects 16,656.67 10,639.06 16,656.67 10,639.06 10,944.15
b
b. BOT Projects 1 398 37
1,398.37 1 344 99
1,344.99 1 398 37
1,398.37 1 344 99
1,344.99 1 481 48
1,481.48
c. Unallocable (429.65) 1,918.71 (429.65) 1,918.71 2,201.18

Total 17,625.39 13,902.76 17,625.39 13,902.76 14,626.81

5
 Consolidated Balance Sheet
Rs. In Crore s
31-De c-07 31-Ma r-07
SOURCES OF FUNDS
Sh re sholde
Sha h ld rs'' Fund
F d
Share Capital 185 185
Share Application Money 40
Reserves & Surpluses 1,625 1,307
1,850 1,492
MINORITY INTEREST -0 -0
LOAN FUNDS
Secured Loans 1,634 1,170
Unsecured Loans 177 -
1,811 1,170
3,660 2,661
APPLICATION OF FUNDS
FIXED ASSETS
Gross Block 113 95
Less: Depreciation 37 23
Net Block 76 72
Capital W ork in Progress 105 39
Incidental Expenditure - 0
INVESTMENTS 15 53
DEFERRED TAX ASSETS 2 3
CURRENT ASSETS, LOANS & ADVANCES
Inventories 2,333 1,644
Sundary Debtors 1,087 558
Cash & Bank balances 525 546
L
Loans and
d Ad
Advances 89
789 713
13
4,734 3,460
Less :-
CURRENT LIABILITIES & PROVISIONS
Liabilities 1,199 887
Provisions 72 80
1,272 967
NET CURRENT ASSETS 3,462 2,493
PRELIMINARY EXPENSES 1 1
3,660 2,661

Figures have been rounded off 6

 Cash Flow
Rs. In Crores
31‐Dec‐07
A Cash frow from operating activities
Net Profit before Tax 468
Adjustments for :-
Depreciation 16
Loss/(profit) on sale of fixed assets -18
Profit on Sale of Investments -0
Interest Expenses 140
Provision for Retirement Benefits 1
Interest Income on deposits -28
Dividend Income -1
Share of profit in Associates -1
Operating Profit before Working Capital changes 577
Adjustments for :-
(increase)/decrease in Sundry Debtors -529
(increase)/decrease in Loand & Advances -76
(increase)/decrease in Inventories -689
Increase/(decrease)
( ) in Current Liabilities 313
Cash generated from ( used in ) operations -405
Direct tax paid/deducted at sources -104
Net cash from /(used in) Operating activities -509
B Cash Flow from Investing Activities
Purchase of Fixed Assets -92
Sale of assets 25
(Purchase)/ Sale of Investments 39
Profit on Sale of Investments 0
Interest received on deposits 28
Dividend Received 1
Share of profit in Associates 1
Priliminary Expenses Incurred -
Net cash from /(used in) Investing activities 1

Figures have been rounded off 7

 Cash Flow (Cont…)

C Cash Flow from Financingg Activities

Dividend paid ( Incl. Corporate dividend tax ) -54
Interest expenses -140
Increase/(decrease)
( ) in Share application
pp moneyy 40
Increase/(decrease) in Secured Debentures -150
Increase/(decrease) in Secured Term Loans 115
(
Increase/(decrease) ) in Workingg Capital
p Loans 218
Increase/(decrease) in Vehicle/ machinary loans 6
Increase/(decrease) in corporate loans 275
Increase/(decrease) in unsecured loans 177
Net cash from /(used in) financing activities 487
Net increase / (decrease) in cash and cash equivalents -21
Opening cash and cash Equivalents 546
Closing cash and cash Equivalents 525
N iincrease / (decrease)
Net d -21
21
Figures have been rounded off 8
 New Projects bagged

GREATER NOIDA COMMERCIAL MALL

• PDL has got a Commercial Project of 18,632 sq. mt. at Sector

Delta-II,, Greater Noida(U.P.)
( ) in a tendering
gpprocess.

Total Developable Area : 0.36 mn. sq. ft.

Total Cost of the Project : Rs. 130 Crores

PHARMA SEZ AT NANDED, MAHARASHTRA

• Parsvnath SEZ Ltd. has acquired a Pharma SEZ comprising area

of 370 Acre at Nanded, Maharashtra from Maharashtra Industrial
D
Development
l t Corporation,
C ti M h
Maharashtra.
ht

Total Developable Area : 19.68 mn. sq. ft.

Total Cost of the Project : Rs.
Rs 2650 Crores

9
 New Launches during the Quarter

S.
S Name of the Project Vertical Area (Mn
(Mn. sq.
sq Realization Value
No. ft.) (Rs. Crores)
1. Parsvnath Preston, Sector 8, Group 2.34 612.00
Near Tau Devi Lal Park, G.T. Housing
Road, NH-1,
NH 1, Sonepat, Haryana
2. Parsvnath Royal Villas, Group 1.68 336.00
Jodhpur, Rajasthan Housing
3. Parsvnath Pleasant, Group 1.80 334.00
Dharuhera Haryana
Dharuhera, Housing
4. Parsvnath Passion, Thatter, Group 0.71 120.00
Lower Raipur, Bantalab, Housing
Jammu
5. Parsvnath Planet Plaza,, Gomti Commercial 0.12 48.00
Nagar, Lucknow, U.P.
6. Parsvnath Prerna Plaza, Commercial 0.05 20.00
Tajnagri, Agra, U.P.
7. g
Parsvnath Highway y Mall,, Commercial 0.25 113.00
Parsvnath King City, G.T.
Road, Rajpura, Punjab
8. Parsvnath City, Indore, Madhya Township 5.86 1145.00
Pradesh
TOTAL 12.81 2728.00

10
 Forthcoming Launches

S.No. Project Name City Launch/Bhoomi Poojan Area (mn. Sq. ft.)

1 Parsvnath Eleganza Dehradun Launch 0 15
0.15
2 Parsvnath Preston Sonepat Bhoomi Poojan 4.15
3 Parsvnath Royal Villas Panipat Launch 1.25
4 Parsvnath Royal Villas Dharuhera Launch 3.23
5 Parsvnath Royal Floors Lucknow Bhoomi Poojan & Launch 0.70
6 Group Housing Project Indore Bhoomi Poojan & Launch 1.72
7 Parsvnath IT Park Sohna, Haryana Bhoomi Poojan & Launch 0.80
8 Parsvnath Prominance Bhiwadi
Parsvnath Prominance Bhoomi Poojan & Launch
Bhoomi Poojan & Launch 0.92
9 Parsvnath Mall Goa Launch 0.32
Total 13.24

11
 Possession Handed Over

During the quarter, we have offered possession of

782 units as compared to the 46 units in the
corresponding quarter of FY 0606-07.
07. This is in line
with our focus on execution of the projects.

NAME OF THE PROJECT

NAME OF THE PROJECT SEGMENT UNITS

PRESTIGE J‐BLOCK, NOIDA Group Housing 152

GREEN VILLE, GURGAON Group Housing 234
PARADISE, MOHAN NAGAR Group Housing 49
CITY MALL, FARIDABAD Shopping Mall 132
MANHATTAN MALL, FARIDABAD Shopping Mall 215
TOTAL 782

12
 Possession expected
p to be handed over in coming
g months

S.No. Project Name City Vertical Area (mn. Sq. ft.)

1 Parsvnath King City Township Rajpura Plots 1.84

2 Parsvnath Eleganza
Parsvnath Eleganza Dehradun Commercial 0 15
0.15

3 Parsvnath Township Sonepat Plots 2.96

4 Parsvnath Panorama Greater Noida Group Housing 0.70

5 Parsvnath Panchavati
Parsvnath Panchavati Agra Group Housing
Group Housing 0 70
0.70

Total 6.35

13
 Completed Projects

Vertical No. of Projects
Residential 12
Commercial 12
DMRC 7
T t l
Total 31

14
 Completed Projects

Mall Manhattan,
Faridabad

City Mall, Faridabad

15
 Completed Projects

Parsnath Prestige,
Noida

Green Ville, Gurgaon

16
Area under construction/development

Area under  Area already 
construction/development Sold
(mn. sq. ft.) (mn. sq. ft.)
Residential 20.01 13.03
Commercial 2.26 0.2
DMRC Projects 1.03 0.31 (Leased)
Integrated Projects 52.05 19.25
Hotels 0.47
Total 75.82 32.79

17
 Project Portfolio Distribution

PROJECTS NOS. SALEABLE AREA LAND COST CONST. & DEV. COST Total Estimated Cost

(mn. Sq. ft.) (Rs. Cr.) (Rs. Cr.) (Rs. Cr.)
Residential 34 34.46 1223 4014 5237
Commercial 21 4.77 811 880 1691
Townships 18 80.20 1377 6315 7692
‐ Built‐up 51.10
‐ Plotted 29.10
DMRC (BOT Projects) 6 1.95 443 389 832
Hotels 17 2 27
2.27 145 606 751
IT Parks 5 9.46 6 1406 1412
SEZs 7 76.64 90 11245 11335
Total 108 209 75
209.75 4095 24855 28950

AVERAGE LAND COST : Rs 195/sq. ft.
AVERAGE COST & DEV COST ESTMATE : Rs 1185/sq ft
AVERAGE COST. & DEV. COST ESTMATE : Rs. 1185/sq.ft.

18
Project Portfolio – Percentage wise

%-wise Project
j Portfolio

Residential
16%
Commercial
SEZs 2%
37%

Townships
38%

IT Parks
5%
Hotels
1% DMRC (BOT
Projects)
1% Based on saleable area

19
Geographical Presence

Other
Citi
Cities, 42%
NCR, Metro & A-Class
cities
NCR, Metro & A-
Class
Oth Citi
Other Cities
cities, 58%

Based on saleable area 20

 Contractual Business
PDL has a well-established in-house construction division.

As a Business strategy, PDL has started taking outside

construction contracts during this Quarter. Following projects
have been bagged :

Shirdi (Maharashtra)
Construction of SAI ASHRAM at Shri Saibaba Sansthan, Shirdi
Total built-up area : over 1 mn. sq. ft.
Value of the project : Rs. 91 Crores

Rae Bareli (U.P.)

Construction of Footwear Design and Development Institute at
Fursatganj, Rae Bareli, U.P.
Total built-up area : 0.30 mn. sq. ft.
Value of the project : Rs.
Rs 47 Crores

21
 Segment – Hotels

• No. of Rooms 2600

• Area 2.27mn. sq ft
p
• Total Development Cost Rs. 750 Cr.

5 Star 9
4 Star 2
3 Star 5
Serviced Apartments 1
TOTAL 17

ƒ Focus on Hotel Development and Construction

ƒ To be managed by internationally recognized Operators

ƒ Construction already started at Mohali, Shirdi, Hyderabad, Ahmedabad and

Bhiwadi.

ƒ Construction at other locations to start soon.

22
Hotels

ƒ 5 Star – 9 Hotels
ƒ 4 Star – 3 Hotels
ƒ 3 Star – 4 Hotels
ƒ S.Aptts – 01

Locations
ƒ Mohali
ƒ Chandigarh Film City
ƒ Chandigarh IT Park
ƒ Shirdi
ƒ Jodhpur –1
ƒ Jodhpur – 2
ƒ Ahmedabad
ƒ Hyderabad
ƒ Goa
ƒ Kochi Airport
ƒ Kochi Beach
ƒ Indore
ƒ Ujjain
ƒ Ranchi
ƒ Lucknow
ƒ New Delhi
ƒ Bhiwadi
Hotels

Parsvnath Hotel, Mohali

Perspective view 24
Segment - SEZ

17 SEZs with developable area of 367.49 mn. sq. ft.

Plans under formulation to start development work on

already notified SEZs - Gurgaon, Indore, Dehradun and
Nandad, in next financial year.

Signed LOIs with Govt. of Rajasthan and Govt. of

Madhya Pradesh for providing assistance and support for
establishment
bli h off proposed
d Gems
G and
d Jewellery
J ll SEZ at
Jaipur and IT SEZ at Indore.

25
 Segment - SEZ

S.No. Location Sector Land Area Land Status Dev. Area

((Acres)) ((Mn. sq.
q ft.))
Notified
1 Indore IT/ITES 76.56 Acquired 12.35
2 Gurgaon IT/ITES 105.53 Acquired 11.60
3 Dehradun IT/ITES 33.46 Acquired 3.80
4 Nandad Maharashtra
Nandad, Pharma 370 00
370.00 Acquired 19 68
19.68
Total (A) 585.55 47.43

Formal Approval
5 Kochi IT/ITES 76.04 Acquired 12.17
6 Hyderabad Biotechnology 25 00
25.00 Acquired 3 99
3.99
Total (B) 101.04 16.16

Awaiting Govt. Approvals

7 Pallakad, Kerala IT/ITES 36.00 Acquired 5.50
8 M
Mysore IT/ITES 118.00
118 00 A
Acquired
i d 13.05
13 05
9 Kancheepuram, Tamil Nadu IT/ITES 74.13 Under Acquisition 8.15
10 Ajmer, Rajasthan Gems & Jewellery 25.00 Under Acquisition 2.75
11 Bangalore, Karnataka IT/ITES 25.01 Under Acquisition 2.75
12 Kundli, Haryana Food Processing 247.11 Under Acquisition 19.49
13 Agra Leather 249.58 Under Acquisition 19.58
14 Moradabad Handicraft 247.85 Under Acquisition 19.45
15 Jaipur, Rajasthan Gems & Jewellery 112.68 Under Acquisition 7.65
16 Pune Automotive 247.11 Under Acquisition 19.39
17 Kancheepuram, Tamil Nadu Multi-product 2471.05 Under Acquisition 186.14
Total (C ) 3853.52 303.90

Total (A+B+C) 4540.11 367.49

26
 Delhi Metro Rail Corporation ( BOT Projects)

† No of Prjects 13

† Total Leasable Area 2.31mn sq ft

Area Lease Period

2 14
2.14mn. sq. ft
ft. 30 years

0.17 mn. sq. ft. 12 years

‰Completed 7 Projects with leasable area of 3,70,000 sq. ft.

‰Total leased area – 0.47 mn. sq. ft.

‰Total Cost – Rs. 922 Cr.

‰Cost per sq. ft. – Rs. 3356

‰Pay back period 3 years after completion.

‰Annual lease rentals would reach Rs. 325 Cr. ($ 82 mn.) in FY 2011.
‰ Strong brands like - Big Bazaar, Spencers, McDonalds, Pizza Hut, Levi’s, John
Pl
Players, R b k Adidas,
Reebok, Adid W dl d Liberty,
Woodland, Lib t Archies,
A hi K t
Koutons, Gl b
Globus, U it d Colours
United C l off
Benetton, Pepe Jeans, Nirula’s, Aditya Birla Group etc.

27
Delhi Metro Rail Corporation ( BOT Projects)

Parsvnath Metro Malls

Parsvnath Residential Projects

 Delhi Metro Rail Corporation (BOT Projects)

Parsvnath Metro Mall,

Shahdara

Parsvnath Metro Mall,

Inderlok

29
 Parsvnath Prideasia

ƒ First integrated township to be developed in the union territory of Chandigarh

in Public Private Partnership with Chandigarh Housing Board.

ƒ Being developed on 123.79 acres in Rajiv Gandhi Technology Park. Total

developable area is around 4.4 mn. sq. ft.

ƒ Located in vicinity of Infosys, Wipro, Mahindra BT and other leading IT giants.

ƒ Realizable value of the Project

j is around Rs. 4000 crore.

ƒ Over 175 Apartments have already been sold.

ƒ High
g End Luxury
y Residential Apartments
p

ƒ Exclusive world class amenities like SPA, GYM, Yoga Centre, Meditations,
Pavilions, Jogging Tracks, Ayurvedic Centre, Golf Pavilion, Water Streams,
Boating Club, Swimming Pool, Land Scaped Atrium, Open Theatre, Tree Court,
Garden and Many More.

ƒ Shopping Malls with Multiplexes

ƒ 5 Star Serviced Apartments
ƒ Super Deluxe Club with Resort
ƒ Sport Centre with Sports Stadium
ƒ Water Sports
30
Parsvnath Prideasia

Perspective view 31
Parsvnath Prideasia

Perspective view 32
Parsvnath Prideasia

Perspective view 33
 Human Resource

Presently,
P l PDL is
i having
h i a totall strength
h off 1010
professionals and non-professionals.

Professionals Technical : 335

(Engineers & Architects)

Professionals Non-Technical : 131

(C.A.s, C.S.s, MBAs & L.L.B.)

Others : 544

Total : 1010

34
 Growth Strategies

• Expanding footprints in newer locations across India.

• Leverage DMRC experience by acquiring more space as Delhi Metro

expands in Delhi and other NCR Regions. Similarly, the experience is
intended to be leveraged in other cities like Hyderabad, Bangalore and
Ch
Chennai.
i

• Leverage the experience of re-development of Bus Terminus at Kurla

and Mahim, Mumbai.

•Participating in re-development of land near Railway Stations. Submitted

RFQs to Rail Land Development Authority for 10 prime properties in major
cities.

•Exploring possibilities of power generation and distribution. This will get

extended to our townships and SEZ locations also.

• Exploring infrastructural projects such as Highway and Airport

development. Already submitted EOI for development of five Airports at
Jalgaon, Karad, Phaltan, Dhulia & Chandrapur in Maharashtra.

•Explore opportunities for taking up the real estate projects outside India.

35
 Strengths

• Domain knowledge of Promoters

• Professional management
g

• Senior management with Real Estate background

• St
Strong marketing
k ti network
t k

• Support of Bankers, Financial Institutions

• Proven Project management skill set

• Track record of completing

p gpprojects
j as p
per schedule

• Finely tuned land identification, acquisition & utilization skills

• Minimal Litigation

36