VALUATION OF DLF SQUAREGENERAL ASSUMPTIONS

Total Parking Area 43,802.00 Average Monthly Rent ₹ 75.00 per sft per office space

Other Rentals ₹ 105.00 per sft per office space ₹ 85.00 per sft per office space

FSI 1.75Land area

Total leasable area 461,392.00 sq.ftCap rate 8% 1.08

Cost/Rent escalation 1.25% (rent escalation)per quarterEscalation 1.0125 per quarter

Parking Charges Escalation 1.05 every 3 yearsVacancy 5%

Yearly Depreciation 1.25%CFs 10 years

OUTFLOWSMarketing chargesBrokerage charges 1 month's brokerage

Insurance 0.5 Rs per sqft. Per monthProperty tax/Ground rent 5% of annual rent.

Facilities Management ₹ 20.00 per sq.ft.ElectricityUtilities

ManpowerAnnual AMCs

FM feeRepairs & Maintenance

Legal fees

VALUATION OF DLF SQUARE

Other INFLOWSParking 4400 per parking p.m

No. of Car Parks Chargeable 125

AREAPlot Area 4.7 acre

202809.67 sq.ftFSI 1.75

Total BUA 354,916.92 sq.ftLeasable Area 461,392.00 sq.ft

COST Land Cost

Construction Cost ₹ 958,275,692.31 Project Cost ₹ 958,275,692.31

PARKINGNo. of Parking 550

Basements 2 Area of each parking lot 200 sqft.

Total Parking Area 110,000 sqft.Parking in open 70,000 sqft.

Parking in basements 40,000 sqft.Charge per slot 150 per day

3300 per month

RENTFloor TENANT Area Occupied (sq.ft.)

OFFICEGround Citibank 11,000.00

Mezzanine Citibank 11,000.00 1 Allianz Global Assistance 21,901.00 2 Citibank 21,901.00 3 Max Life Insurance Co. Ltd. 21,901.00 4 Deutsche Bank 17,901.00 4 TRG Advisors 4,320.00 5 Citibank 22,427.00 6 Nestle India Limited 21,901.00 7 Citibank 21,901.00 8 Citibank 10,950.50 8 Doosan Power Systems India Pvt. Ltd. 10,950.50 9 Citibank 21,901.00

10 Mayar Group 21,901.00 11 Max Life Insurance Co. Ltd. 21,901.00 12 Max Life Insurance Co. Ltd. 21,901.00 14 Doosan Power Systems India Pvt. Ltd. 21,901.00 15 Doosan Power Systems India Pvt. Ltd. 21,901.00 16 Doosan Power Systems India Pvt. Ltd. 21,901.00 17 Citibank 21,901.00 18 Citibank 22,427.00 19 CBRE 21,901.00 20 Indo Rama Synthetics (India) Ltd. 21,901.00 20 SYNTAX Polymers Pvt. Ltd. 21,901.00 21 Grant Thornton 10,950.50 21 Walker Chandok & Co. 5,475.00 21 Marsh India Insurance Brokers Pvt. Ltd. 5,475.00 21 Birla Sunlife Asset Management Company 10,95021 HVS 5475

QUARTERLY INCOMEYEARLY INCOME

TOTAL

No of parking

Parking 550YEARLY INCOME

TOTAL

RENT Year 1Rent (per sq.ft.) Q1 Q2 Q3 Q4

OFFICE75 2,475,000.00 2,505,937.50 2,537,261.72 2,568,977.49 75 2,475,000.00 2,505,937.50 2,537,261.72 2,568,977.49 85 5,584,755.00 5,654,564.44 5,725,246.49 5,796,812.07 75 4,927,725.00 4,989,321.56 5,051,688.08 5,114,834.18 75 4,927,725.00 4,989,321.56 5,051,688.08 5,114,834.18

105 5,638,815.00 5,709,300.19 5,780,666.44 5,852,924.77 105105 7,064,505.00 7,152,811.31 7,242,221.45 7,332,749.22 75 4,927,725.00 4,989,321.56 5,051,688.08 5,114,834.18 75 4,927,725.00 4,989,321.56 5,051,688.08 5,114,834.18 75 2,463,862.50 2,494,660.78 2,525,844.04 2,557,417.09 85 2,792,377.50 2,827,282.22 2,862,623.25 2,898,406.04 75 4,927,725.00 4,989,321.56 5,051,688.08 5,114,834.18 8575 4,927,725.00 4,989,321.56 5,051,688.08 5,114,834.18 75 4,927,725.00 4,989,321.56 5,051,688.08 5,114,834.18 75 4,927,725.00 4,989,321.56 5,051,688.08 5,114,834.18 75 4,927,725.00 4,989,321.56 5,051,688.08 5,114,834.18 75 4,927,725.00 4,989,321.56 5,051,688.08 5,114,834.18 75 4,927,725.00 4,989,321.56 5,051,688.08 5,114,834.18

105 7,064,505.00 7,152,811.31 7,242,221.45 7,332,749.22 85 5,584,755.00 5,654,564.44 5,725,246.49 5,796,812.07 85 5,584,755.00 5,654,564.44 5,725,246.49 5,796,812.07

10585 2,792,377.50 2,827,282.22 2,862,623.25 2,898,406.04 75 1,231,875.00 1,247,273.44 1,262,864.36 1,278,650.16 75 1,231,875.00 1,247,273.44 1,262,864.36 1,278,650.16

105105

106,189,432.50 107,516,800.41 108,860,760.41 110,221,519.92 432,788,513.23

5,618,344,589.41

Per month Year 1Q1 Q2 Q3 Q4

3300 5,445,000.00 5,445,000.00 5,445,000.00 5,445,000.00 21,780,000.00

229,996,800.00

Year 2 Year 3Q1 Q2 Q3 Q4 Q1

2,601,089.71 2,633,603.33 2,666,523.37 2,699,854.91 2,733,603.10 2,601,089.71 2,633,603.33 2,666,523.37 2,699,854.91 2,733,603.10 5,869,272.23 5,942,638.13 6,016,921.10 6,092,132.62 6,168,284.28 5,178,769.61 5,243,504.23 5,309,048.03 5,375,411.13 5,442,603.77 5,178,769.61 5,243,504.23 5,309,048.03 5,375,411.13 5,442,603.77 5,926,086.33 6,000,162.41 6,075,164.44 6,151,103.99 6,227,992.79

7,424,408.59 7,517,213.69 7,611,178.87 7,706,318.60 7,802,647.58 5,178,769.61 5,243,504.23 5,309,048.03 5,375,411.13 5,442,603.77 5,178,769.61 5,243,504.23 5,309,048.03 5,375,411.13 5,442,603.77 2,589,384.81 2,621,752.12 2,654,524.02 2,687,705.57 2,721,301.89 2,934,636.11 2,971,319.06 3,008,460.55 3,046,066.31 3,084,142.14 5,178,769.61 5,243,504.23 5,309,048.03 5,375,411.13 5,442,603.77

5,178,769.61 5,243,504.23 5,309,048.03 5,375,411.13 5,442,603.77 5,178,769.61 5,243,504.23 5,309,048.03 5,375,411.13 5,442,603.77 5,178,769.61 5,243,504.23 5,309,048.03 5,375,411.13 5,442,603.77 5,178,769.61 5,243,504.23 5,309,048.03 5,375,411.13 5,442,603.77 5,178,769.61 5,243,504.23 5,309,048.03 5,375,411.13 5,442,603.77 5,178,769.61 5,243,504.23 5,309,048.03 5,375,411.13 5,442,603.77 7,424,408.59 7,517,213.69 7,611,178.87 7,706,318.60 7,802,647.58 5,869,272.23 5,942,638.13 6,016,921.10 6,092,132.62 6,168,284.28 5,869,272.23 5,942,638.13 6,016,921.10 6,092,132.62 6,168,284.28

2,934,636.11 2,971,319.06 3,008,460.55 3,046,066.31 3,084,142.14

1,294,633.29 1,310,816.20 1,327,201.41 1,343,791.42 1,360,588.82

1724625 110,304,655.63 111,683,463.82 113,079,507.12 114,493,000.96 117,648,788.47

449,560,627.53

Year 2 Year 3Q1 Q2 Q3 Q4 Q1

5,445,000.00 5,445,000.00 5,445,000.00 5,445,000.00 5,445,000.00 21,780,000.00

Year 3 Year 4Q2 Q3 Q4 Q1 Q2

2,767,773.14 2,802,370.30 2,837,399.93 2,872,867.43 2,908,778.27 2,767,773.14 2,802,370.30 2,837,399.93 2,872,867.43 2,908,778.27 6,245,387.83 6,323,455.18 6,402,498.37 6,482,529.60 6,563,561.22 5,510,636.32 5,579,519.27 5,649,263.27 5,719,879.06 5,791,377.54 5,510,636.32 5,579,519.27 5,649,263.27 5,719,879.06 5,791,377.54 6,305,842.70 6,384,665.74 6,464,474.06 6,545,279.99 6,627,095.99

1,360,800.00 1,377,810.00 7,900,180.68 7,998,932.94 8,098,919.60 8,200,156.09 8,302,658.05 5,510,636.32 5,579,519.27 5,649,263.27 5,719,879.06 5,791,377.54 5,510,636.32 5,579,519.27 5,649,263.27 5,719,879.06 5,791,377.54 2,755,318.16 2,789,759.64 2,824,631.63 2,859,939.53 2,895,688.77 3,122,693.91 3,161,727.59 3,201,249.18 3,241,264.80 3,281,780.61 5,510,636.32 5,579,519.27 5,649,263.27 5,719,879.06 5,791,377.54

5,510,636.32 5,579,519.27 5,649,263.27 5,719,879.06 5,791,377.54 5,510,636.32 5,579,519.27 5,649,263.27 5,719,879.06 5,791,377.54 5,510,636.32 5,579,519.27 5,649,263.27 5,719,879.06 5,791,377.54 5,510,636.32 5,579,519.27 5,649,263.27 5,719,879.06 5,791,377.54 5,510,636.32 5,579,519.27 5,649,263.27 5,719,879.06 5,791,377.54 5,510,636.32 5,579,519.27 5,649,263.27 5,719,879.06 5,791,377.54 7,900,180.68 7,998,932.94 8,098,919.60 8,200,156.09 8,302,658.05 6,245,387.83 6,323,455.18 6,402,498.37 6,482,529.60 6,563,561.22 6,245,387.83 6,323,455.18 6,402,498.37

3,122,693.91 3,161,727.59 3,201,249.18 3,241,264.80 3,281,780.61

1,377,596.18 1,394,816.13 1,412,251.33 1,429,904.47 1,447,778.28

1746182.8125 1768010.0976563 1790110.22387695 1812486.6016754 1835142.6841964 119,119,398.33 120,608,390.81 122,115,995.69 118,520,716.04 120,002,224.99

479,492,573.30

Year 3 Year 4Q2 Q3 Q4 Q1 Q2

5,445,000.00 5,445,000.00 5,445,000.00 5,717,250.00 5,717,250.00 21,780,000.00

Year 4 Year 5Q3 Q4 Q1 Q2 Q3

2,945,138.00 2,981,952.23 3,019,226.63 3,056,966.96 3,095,179.05 2,945,138.00 2,981,952.23 3,019,226.63 3,056,966.96 3,095,179.05 6,645,605.73 6,728,675.80 6,812,784.25 6,897,944.05 6,984,168.35 5,863,769.76 5,937,066.89 6,011,280.22 6,086,421.22 6,162,501.49 5,863,769.76 5,937,066.89 6,011,280.22 6,086,421.22 6,162,501.49 6,709,934.69 6,793,808.87 6,878,731.48 6,964,715.62 7,051,774.57 1,395,032.63 1,412,470.53 1,430,126.41 1,448,002.99 1,466,103.03 8,406,441.27 8,511,521.79 8,617,915.81 8,725,639.76 8,834,710.25 5,863,769.76 5,937,066.89 6,011,280.22 6,086,421.22 6,162,501.49 5,863,769.76 5,937,066.89 6,011,280.22 6,086,421.22 6,162,501.49 2,931,884.88 2,968,533.44 3,005,640.11 3,043,210.61 3,081,250.74 3,322,802.87 3,364,337.90 3,406,392.13 3,448,972.03 3,492,084.18 5,863,769.76 5,937,066.89 6,011,280.22 6,086,421.22 6,162,501.49

5,863,769.76 5,937,066.89 6,011,280.22 6,086,421.22 6,162,501.49 5,863,769.76 5,937,066.89 6,011,280.22 6,086,421.22 6,162,501.49 5,863,769.76 5,937,066.89 6,011,280.22 6,086,421.22 6,162,501.49 5,863,769.76 5,937,066.89 6,011,280.22 6,086,421.22 6,162,501.49 5,863,769.76 5,937,066.89 6,011,280.22 6,086,421.22 6,162,501.49 5,863,769.76 5,937,066.89 6,011,280.22 6,086,421.22 6,162,501.49 8,406,441.27 8,511,521.79 8,617,915.81 8,725,639.76 8,834,710.25 6,645,605.73 6,728,675.80 6,812,784.25 6,897,944.05 6,984,168.35

6,898,815.00 6,985,050.19 7,072,363.31 3,322,802.87 3,364,337.90 3,406,392.13 3,448,972.03 3,492,084.18

1,465,875.51 1,484,198.95 1,502,751.44 1,521,535.83 1,540,555.03

1858081.9677488 1881307.99234567 1904824.34225 1928634.6465281 1952742.5796097 121,502,252.81 123,021,030.97 131,457,608.85 133,100,828.96 134,764,589.33

483,046,224.81

Year 4 Year 5Q3 Q4 Q1 Q2 Q3

5,717,250.00 5,717,250.00 5,717,250.00 5,717,250.00 5,717,250.00 22,869,000.00

Year 5 Year 6Q4 Q1 Q2 Q3 Q4

3,133,868.79 3,173,042.15 3,212,705.18 3,252,863.99 3,293,524.79 3,133,868.79 3,173,042.15 3,212,705.18 3,252,863.99 3,293,524.79 7,071,470.46 7,159,863.84 7,249,362.14 7,339,979.16 7,431,728.90 6,239,532.76 6,317,526.92 6,396,496.00 6,476,452.20 6,557,407.86 6,239,532.76 6,317,526.92 6,396,496.00 6,476,452.20 6,557,407.86 7,139,921.75 7,229,170.77 7,319,535.41 7,411,029.60 7,503,667.47 1,484,429.32 1,502,984.69 1,521,772.00 1,540,794.15 1,560,054.07 8,945,144.13 9,056,958.43 9,170,170.41 9,284,797.54 9,400,857.51 6,239,532.76 6,317,526.92 6,396,496.00 6,476,452.20 6,557,407.86 6,239,532.76 6,317,526.92 6,396,496.00 6,476,452.20 6,557,407.86 3,119,766.38 3,158,763.46 3,198,248.00 3,238,226.10 3,278,703.93 3,535,735.23 3,579,931.92 3,624,681.07 3,669,989.58 3,715,864.45 6,239,532.76 6,317,526.92 6,396,496.00 6,476,452.20 6,557,407.86

5,584,755.00 5,654,564.44 5,725,246.49 5,796,812.07 6,239,532.76 6,317,526.92 6,396,496.00 6,476,452.20 6,557,407.86 6,239,532.76 6,317,526.92 6,396,496.00 6,476,452.20 6,557,407.86 6,239,532.76 6,317,526.92 6,396,496.00 6,476,452.20 6,557,407.86 6,239,532.76 6,317,526.92 6,396,496.00 6,476,452.20 6,557,407.86 6,239,532.76 6,317,526.92 6,396,496.00 6,476,452.20 6,557,407.86 6,239,532.76 6,317,526.92 6,396,496.00 6,476,452.20 6,557,407.86 8,945,144.13 9,056,958.43 9,170,170.41 9,284,797.54 9,400,857.51 7,071,470.46 7,159,863.84 7,249,362.14 7,339,979.16 7,431,728.90

7,160,767.86 7,250,277.45 7,340,905.92 7,432,667.25 7,525,575.59 3,535,735.23 3,579,931.92 3,624,681.07 3,669,989.58 3,715,864.45

1,559,811.97 1,579,309.61 1,599,050.98 1,619,039.12 1,639,277.11

1977151.86185484 2001866.260128 2026889.5883796 2052225.7082344 2077878.5295873 136,449,146.69 143,739,516.03 145,536,259.98 147,355,463.23 149,197,406.52 535,772,173.83 585,828,645.74

Year 5 Year 6Q4 Q1 Q2 Q3 Q4

5,717,250.00 5,717,250.00 5,717,250.00 5,717,250.00 5,717,250.00 22,869,000.00 22,869,000.00

Year 7 Year 8Q1 Q2 Q3 Q4 Q1

3,334,693.85 3,376,377.52 3,418,582.24 3,461,314.52 3,504,580.95 3,334,693.85 3,376,377.52 3,418,582.24 3,461,314.52 3,504,580.95 7,524,625.52 7,618,683.33 7,713,916.88 7,810,340.84 7,907,970.10 6,639,375.45 6,722,367.65 6,806,397.24 6,891,477.21 6,977,620.67 6,639,375.45 6,722,367.65 6,806,397.24 6,891,477.21 6,977,620.67 7,597,463.31 7,692,431.60 7,788,587.00 7,885,944.34 7,984,518.64 1,579,554.75 1,599,299.18 1,619,290.42 1,639,531.55 1,660,025.70 9,518,368.23 9,637,347.84 9,757,814.68 9,879,787.37 10,003,284.71 6,639,375.45 6,722,367.65 6,806,397.24 6,891,477.21 6,977,620.67 6,639,375.45 6,722,367.65 6,806,397.24 6,891,477.21 6,977,620.67 3,319,687.73 3,361,183.82 3,403,198.62 3,445,738.60 3,488,810.34 3,762,312.76 3,809,341.67 3,856,958.44 3,905,170.42 3,953,985.05 6,639,375.45 6,722,367.65 6,806,397.24 6,891,477.21 6,977,620.67 5,869,272.23 5,942,638.13 6,016,921.10 6,092,132.62 6,168,284.28 6,639,375.45 6,722,367.65 6,806,397.24 6,891,477.21 6,977,620.67 6,639,375.45 6,722,367.65 6,806,397.24 6,891,477.21 6,977,620.67 6,639,375.45 6,722,367.65 6,806,397.24 6,891,477.21 6,977,620.67 6,639,375.45 6,722,367.65 6,806,397.24 6,891,477.21 6,977,620.67 6,639,375.45 6,722,367.65 6,806,397.24 6,891,477.21 6,977,620.67 6,639,375.45 6,722,367.65 6,806,397.24 6,891,477.21 6,977,620.67 9,518,368.23 9,637,347.84 9,757,814.68 9,879,787.37 10,003,284.71 7,524,625.52 7,618,683.33 7,713,916.88 7,810,340.84 7,907,970.10

7,619,645.28 7,714,890.85 7,811,326.98 7,908,968.57 8,007,830.68

1,659,768.08 1,680,515.18 1,701,521.62 1,722,790.64 1,744,325.52 3449250 3492365.625 3536020.1953125 3580220.44775391 3624973.2033508

2103852.0112071 2130150.1613472 2156777.0383641 2183736.75134362 2211033.4607354 150,749,311.34 152,633,677.73 154,541,598.70 156,473,368.69 158,429,285.80

614,397,956.46

Year 7 Year 8Q1 Q2 Q3 Q4 Q1

6,003,112.50 6,003,112.50 6,003,112.50 6,003,112.50 6,003,112.50 24,012,450.00

Year 8 Year 9Q2 Q3 Q4 Q1 Q2

3,548,388.21 3,592,743.07 3,637,652.35 3,683,123.01 3,729,162.05 3,548,388.21 3,592,743.07 3,637,652.35 3,683,123.01 3,729,162.05 8,006,819.72 8,106,904.97 8,208,241.28 8,310,844.30 8,414,729.85 7,064,840.93 7,153,151.44 7,242,565.84 7,333,097.91 7,424,761.63 7,064,840.93 7,153,151.44 7,242,565.84 7,333,097.91 7,424,761.63 8,084,325.12 8,185,379.19 8,287,696.43 8,391,292.63 8,496,183.79 1,680,776.02 1,701,785.72 1,723,058.04 1,744,596.26 1,766,403.72 10,128,325.77 10,254,929.84 10,383,116.46 10,512,905.42 10,644,316.74 7,064,840.93 7,153,151.44 7,242,565.84 7,333,097.91 7,424,761.63 7,064,840.93 7,153,151.44 7,242,565.84 7,333,097.91 7,424,761.63 3,532,420.47 3,576,575.72 3,621,282.92 3,666,548.96 3,712,380.82 4,003,409.86 4,053,452.49 4,104,120.64 4,155,422.15 4,207,364.93 7,064,840.93 7,153,151.44 7,242,565.84 7,333,097.91 7,424,761.63 6,245,387.83 6,323,455.18 6,402,498.37 6,482,529.60 6,563,561.22 7,064,840.93 7,153,151.44 7,242,565.84 7,333,097.91 7,424,761.63 7,064,840.93 7,153,151.44 7,242,565.84 7,333,097.91 7,424,761.63 7,064,840.93 7,153,151.44 7,242,565.84 7,333,097.91 7,424,761.63 7,064,840.93 7,153,151.44 7,242,565.84 7,333,097.91 7,424,761.63 7,064,840.93 7,153,151.44 7,242,565.84 7,333,097.91 7,424,761.63 7,064,840.93 7,153,151.44 7,242,565.84 7,333,097.91 7,424,761.63 10,128,325.77 10,254,929.84 10,383,116.46 10,512,905.42 10,644,316.74 8,006,819.72 8,106,904.97 8,208,241.28 8,310,844.30 8,414,729.85

8,107,928.56 8,209,277.67 8,311,893.64 8,415,792.31 8,520,989.71

1,766,129.59 1,788,206.21 1,810,558.79 1,833,190.77 1,856,105.65 3670285.3683927 3716163.9354976 3762615.98469134 3809648.6845 3857269.29305622238671.3789946 2266654.771232 2294987.95587244 2323675.3053208 2352721.2466374 160,409,651.87 162,414,772.52 164,444,957.17 166,500,519.14 168,581,775.63

645,698,667.35

Year 8 Year 9Q2 Q3 Q4 Q1 Q2

6,003,112.50 6,003,112.50 6,003,112.50 6,003,112.50 6,003,112.50 24,012,450.00

Year 9 Year 10Q3 Q4 Q1 Q2 Q3

3,775,776.57 3,822,973.78 3,870,760.95 3,919,145.46 3,968,134.78 3,775,776.57 3,822,973.78 3,870,760.95 3,919,145.46 3,968,134.78 8,519,913.98 8,626,412.90 8,734,243.06 8,843,421.10 8,953,963.86 7,517,571.15 7,611,540.79 7,706,685.05 7,803,018.62 7,900,556.35 7,517,571.15 7,611,540.79 7,706,685.05 7,803,018.62 7,900,556.35 8,602,386.09 8,709,915.92 8,818,789.86 8,929,024.74 9,040,637.55 1,788,483.76 1,810,839.81 1,833,475.31 1,856,393.75 1,879,598.67 10,777,370.70 10,912,087.83 11,048,488.93 11,186,595.04 11,326,427.48 7,517,571.15 7,611,540.79 7,706,685.05 7,803,018.62 7,900,556.35 7,517,571.15 7,611,540.79 7,706,685.05 7,803,018.62 7,900,556.35 3,758,785.58 3,805,770.40 3,853,342.53 3,901,509.31 3,950,278.18 4,259,956.99 4,313,206.45 4,367,121.53 4,421,710.55 4,476,981.93 7,517,571.15 7,611,540.79 7,706,685.05 7,803,018.62 7,900,556.35 6,645,605.73 6,728,675.80 6,812,784.25 6,897,944.05 6,984,168.35 7,517,571.15 7,611,540.79 7,706,685.05 7,803,018.62 7,900,556.35 7,517,571.15 7,611,540.79 7,706,685.05 7,803,018.62 7,900,556.35 7,517,571.15 7,611,540.79 7,706,685.05 7,803,018.62 7,900,556.35 7,517,571.15 7,611,540.79 7,706,685.05 7,803,018.62 7,900,556.35 7,517,571.15 7,611,540.79 7,706,685.05 7,803,018.62 7,900,556.35 7,517,571.15 7,611,540.79 7,706,685.05 7,803,018.62 7,900,556.35 10,777,370.70 10,912,087.83 11,048,488.93 11,186,595.04 11,326,427.48 8,519,913.98 8,626,412.90 8,734,243.06 8,843,421.10 8,953,963.86

8,627,502.09 8,735,345.86 8,844,537.68 8,955,094.41 9,067,033.09

1,879,306.98 1,902,798.31 1,926,583.29 1,950,665.58 1,975,048.90 3905485.1592194 3954303.72370968 4003732.5202561 4053779.17675925 4104451.41646872382130.2622203 2411906.89049808 2442055.7266293 2472581.42321217 2503488.6910023 170,689,047.82 172,822,660.92 174,982,944.18 177,170,230.98 179,384,858.87

678,594,003.50

Year 9 Year 10Q3 Q4 Q1 Q2 Q3

6,003,112.50 6,003,112.50 6,003,112.50 6,003,112.50 6,003,112.50 24,012,450.00

Year 10Q4

4,017,736.47 4,017,736.47 9,065,888.41 7,999,313.30 7,999,313.30 9,153,645.52 1,903,093.66 11,468,007.82 7,999,313.30 7,999,313.30 3,999,656.65 4,532,944.21 7,999,313.30 7,071,470.46 7,999,313.30 7,999,313.30 7,999,313.30 7,999,313.30 7,999,313.30 7,999,313.30 11,468,007.82 9,065,888.41

9,180,371.00

1,999,737.01 4155757.0591746

2534782.29963985 181,627,169.61 713,165,203.64

Year 10Q4

6,003,112.50 24,012,450.00

OUTFLOWS Year 1 Year 2 Year 3Marketing charges - - - Brokerage Charges 574,875.00

Insurance 230,696.00 230,696.00 230,696.00 Property tax/Ground rent 21,639,425.66 22,478,031.38 23,974,628.67

Facilities Management 9,227,840.00 9,227,840.00 9,227,840.00 Sinking Fund 11,978,446.15 11,978,446.15 11,978,446.15

Total Outflows ₹ 43,076,407.82 ₹ 43,915,013.53 ₹ 45,986,485.82 = ₹ 501,626,466.01

Year 4 Year 5 Year 6 Year 7 - - - - 453,600.00 2,299,605.00 1,861,585.00 1,149,750.00 230,696.00 230,696.00 230,696.00 230,696.00 24,152,311.24 26,788,608.69 29,291,432.29 30,719,897.82 9,227,840.00 9,227,840.00 9,227,840.00 9,227,840.00 11,978,446.15 11,978,446.15 11,978,446.15 11,978,446.15 ₹ 46,042,893.39 ₹ 50,525,195.85 ₹ 52,589,999.44 ₹ 53,306,629.98

Year 8 Year 9 Year 10 - - -

230,696.00 230,696.00 230,696.00 32,284,933.37 33,929,700.18 35,658,260.18 9,227,840.00 9,227,840.00 9,227,840.00 11,978,446.15 11,978,446.15 11,978,446.15 ₹ 53,721,915.52 ₹ 55,366,682.33 ₹ 57,095,242.34

Year 1 Year 2 Year 3Inflows 454,568,513.23 471,340,627.53 501,272,573.30

Outflows 43,076,407.82 43,915,013.53 45,986,485.82 Net Operating Income 411,492,105.42 427,425,614.00 455,286,087.48

Total NOI ₹ 5,346,714,923.40

Property Value ₹ 4,950,661,966 495 crores

Year 4 Year 5 Year 6 Year 7 Year 8 505,915,224.81 558,641,173.83 608,697,645.74 638,410,406.46 669,711,117.35 46,042,893.39 50,525,195.85 52,589,999.44 53,306,629.98 53,721,915.52 459,872,331.41 508,115,977.99 556,107,646.30 585,103,776.48 615,989,201.83

Year 9 Year 10 702,606,453.50 737,177,653.64 55,366,682.33 57,095,242.34 647,239,771.17 680,082,411.30

DLF Square Stacking PlanFloor Tenant Name Area Occupied (sq ft) Rent (INR psf pm)

Ground Citibank 11,000.00 75

Citibank 11,000.00 75 461,392 26,392

1 21,901.00 85

2 Citibank 21,901.00 75

3 21,901.00 75

4 Deutsche Bank 17,901.00

4 TRG Advisors 4,320.00 1055 Citibank 22,427.00 105

6 21,901.00 75

7 Citibank 21,901.00 758 Citibank 10,950.50 75

8 10,950.50

859 Citibank 21,901.00 75

10 Mayar Group 21,901.00 85

11 21,901.00 75

12 21,901.00 75

14 21,901.00

75

15 21,901.00

75

Mezzanine

Allianz Global Assistance

Max Life Insurance Co.

Ltd.

Nestle India Limited

Doosan Power Systems India

Pvt. Ltd.

Max Life Insurance Co.

Ltd.

Max Life Insurance Co.

Ltd.

Doosan Power Systems India

Pvt. Ltd.

Doosan Power Systems India

Pvt. Ltd.

16 21,901.00

7517 Citibank 21,901.00 7518 Citibank 22,427.00 10519 CBRE 21,901.00 85

20 21,901.00 85

21 10,950.50 85

21 5,475.00 75

21 5,475.00

75

Doosan Power Systems India

Pvt. Ltd.

Indo Rama Synthetics (India) Ltd.

Grant Thornton

Walker Chandok & Co.

Marsh India Insurance

Brokers Pvt. Ltd.

FIT OUT COST

1 Site preparation2 General Construction(False ceiling, wall and floor furnishes, toilets)3 Ventilation(Ducting,grills,Diffusers, electricals)4 Electrical/ Lighting(Distribution board, internal Cabling, Fixtures and fittings)5 Fire Detection6 fire alarm7 electrical room/Sprinkler system8 Plumbing and drainage9 Access control and CCTV

10 FURNITURE(Carpet, chairs,storages,modular and general furniture)Total

RENTAL VALUES IN Cyber cityRENTAL VALUES for NH8 TILL Haldiram

Rs Rs8 10

500 550110 125210 240

25 3022 2430 3225 2740 42

995 1085

1965 2165

70-75 Rs per Sqft 20-35 Rs per Sqft