CORPORATE PRESENTATION

SEPTEMBER 2013

1

Disclaimer

This presentation does not constitute a prospectus, offering circular or offering memorandum or an offer, or a solicitation of any offer, to purchase or sell

any securities. This presentation should not be considered as a recommendation that any investor should subscribe for or purchase any securities of Oberoi

Realty Limited or its subsidiaries or joint venture (together, the “Company”) and should not be used as a basis for any investment decision.

The information contained in this presentation is only current as of the date of this presentation or the date attributed to such information and has not

been independently verified. The Company may alter, modify or otherwise change in any manner the contents of this presentation, without obligation to

notify any person of such revision or changes. No express or implied representation or warranty is made as to, and no reliance should be placed on, the

accuracy, fairness or completeness of the information presented or contained in this presentation.

None of the Company or any of its affiliates, advisers or representatives accepts any liability whatsoever for any loss howsoever arising from any

information presented or contained in this presentation. Please note that the past performance of the Company is not, and should not be considered as,

indicative of future results. Furthermore, no person is authorized to give any information or make any representation which is not contained in, or is

inconsistent with, this presentation. Any such extraneous or inconsistent information or representation, if given or made, should not be relied upon as

having been authorized by or on behalf of the Company.

These materials are confidential, are being given solely for your information and for your use, and may not be copied, reproduced or redistributed to any

other person in any manner. The distribution of this presentation in certain jurisdictions may be restricted by law. Accordingly, any persons in possession of

this presentation should inform themselves about and observe any such restrictions.

This presentation contain certain statements of future expectations and other forward-looking statements, including those relating to our general business

plans and strategy, our future financial condition and growth prospects, and future developments in our sector and our competitive and regulatory

environment. In addition to statements which are forward looking by reason of context, the words ‘may’, ‘will’, ‘should’, ‘expects’, ‘plans’, ‘intends’,

‘anticipates’, ‘believes’, ‘estimates’, ‘predicts’, ‘potential’ or ‘continue’ and similar expressions identify forward looking statements. All forward looking

statements are subject to risks, uncertainties and assumptions that could cause actual results, performances or events to differ materially from the results

contemplated by the relevant forward looking statement. The factors which may affect the results contemplated by the forward looking statements could

include, amongst others, future changes or developments in (i) the Company’s business, (ii) the Company’s competitive environment, (iii) real estate sector

in India, and (iv) political, economic, legal and social conditions in India.

The information contained herein does not constitute an offer of securities for sale in the United States or in any other jurisdiction. Securities may not be

offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended.

Oberoi Realty: Key Investment Highlights

2

Established Premium Brand Positioning with “Destination Developments” Across Mumbai1

Strong Pipeline Of Ongoing / Planned Projects Across Segments 3

Strong Management Team With Best-in-Class Partners6

Scalable Business Model With Proven Execution Capabilities 2

Financial Strength With Zero Leverage Lend Strategic Flexibility4

Cash Flow Stability from Lease & Hospitality Properties5

1

3

Central Suburbs

Western Suburbs South Mumbai

Completed Ongoing Planned

Residential Office Space Retail Hospitality Social Infra

Goregaon (E)

Mulund (W)

Andheri (E)Andheri (W)

Juhu

Khar (W)

Worli

Source: mapsofindia.com

Established Premium Brand Positioning with “Destination Developments” Across Mumbai

1

� Leading real estate developer in India

� Focussed on Mumbai, a premium real estate market in India

� 4.5 MM sq ft of completed projects with estimated 1 8.5 MM sq ft of ongoing and planned projects

� Portfolio across residential, commercial, retail, h ospitality and social infrastructure in multiple micro markets of Mumbai

� Creating destination developments with focus on lar ge mixed-use projects

4

1 Mixed use building, whereby, Commerz I (completed in March 2010) has leasable area of 423,786 sq ft including 58,898 sq ft of leasable area occupied by the Company and The Westin Mumbai–Garden City (hospitality project) has an area of 381,820 sq ft

2 Dates in brackets indicate dates of completion

Office Space and Hospitality:Commerz I, II & The Westin Mumbai–Garden City

Residential: Oberoi Woods & Oberoi Exquisite

Social Infra: Oberoi International SchoolRetail: Oberoi Mall

598,200 sq ft (May-08)

552,893 sq ft (Mar-08) 305,309 sq ft (Nov-10)

805,606 sq ft (Apr-10) 1

Integrated Development for Better Pricing–OberoiGarden City, Goregaon

1

Estimated area –1,535,670 sq ft Estimated area–725,769 sq ft

Virtuous Cycle Delivering Superior Sales…1

5

12,122

13,11613,691

17,501

18,893

FY10 FY11 FY12 FY13 Q1 FY14

Average Rate of Area Sold (INR / Sq ft) 1

1 Average rate calculated by dividing total agreement value of area sold by total area sold

Established Brand and Reputation

Contemporary Architecture, Strong

Project Execution and Quality

Construction

Destination Developments

6

Land Identification & Purchase

Regulatory Approvals

Design & Architecture

ExecutionSales &

MarketingMaintenance

6

Scalable Business Model2

In-House Execution Outsourced Activities

Leverage the expertise of service providers and pro vide scalability to undertake multiple projects

Focus on core aspects of the business

Land Identification and Purchase

� Substantial land acquired between 2002–05, when land prices were generally lower than prevailing market prices

� Conscious decision of not buying land in 2007–08 due to concerns on project viability

� Diverse land acquisition strategy (outright purchase, JV, joint development)

� De-risked and structured developments

Sales & Marketing

� Pre-sale model for residential projects

� Marketing through internal marketing team, external brokers/ consultants

Maintenance and Management Services

� Services offered for leased properties in office space and retail projects

� Developing maintenance schedules and addressing complaints

Regulatory Approvals

� Experienced liaison team comprising of architects, engineers and legal professionals

Design and Architecture

� Coordinate with leading international and national design firms and architects

‒ E.g. Kohn Pedersen Fox Associates (KPF), Belt Collins, Eco-id Architects Pte Limited, Fortune Elevators, etc.

Project Execution

� Project construction outsourced to a number of reputed contractors

‒ Samsung C & T, L&T etc.

� Turnkey contracts with the contractors

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1 It is a mixed use building, wherein, Commerz I has leasable office space area of 423,786 sq ft (including 58,898 sq ft occupied by the company) and The Westin Mumbai–Garden City (hospitality project) occupies 381,820 sq ft2 Dates in brackets indicate dates of completion

2

Oberoi Mall, Goregaon (Retail)

598,200 sq. ft (May-08)

Commerz I, Goregaon (Office Space)

Oberoi International School, Goregaon (Social Infra)

423,786 sq. ft (Mar-08) 1

305,309 sq ft (Nov-10)

The Westin Mumbai–Garden City, Goregaon (Hospitality)

Oberoi Springs, Andheri(Residential)

381,820 sq. ft (Apr-10)

Oberoi Woods, Goregaon (Residential)

552,893 sq ft (Mar-08) 643,065 sq ft (Jan-10)

Proven Execution Capability Across Verticals

88

Beachwood House, Juhu

Oberoi Park View, Kandivali*

Seawind, Juhu

Oberoi Sky Gardens, Lokhandwala 1

Oberoi Sky Heights, Lokhandwala 1

Oberoi Gardens, Kandivali*

(Apr-01) (Feb-06)

(Oct-06)

(Jan-03)

(Jan-05) (Nov-08)

Proven Execution Capability Across Verticals (cont’ d)2

1 Developed by the Promoter and Promoter Group entities2 Dates in brackets indicate dates of completion

9

Large and Well Diversified Project Portfolio for Ba lanced Cash Flow Growth

Residential68.3%

Office space27.8%

Hospitality 3.9%

Ongoing Projects Planned Projects

Total Ongoing & Planned

Residential63.6%

Office space3.8%

Retail2.8%

Hospitality13.0%

Social Infra16.8%

Residential 65.8%

Office space 14.9%

Retail 1.5%

Hospitality 8.8%

Social Infra 9.0%

Strong Pipeline of Ongoing / Planned Projects Acros sSegments

3

Total Estimated Area: 8.6 MM Sq ft Total Estimated Area: 9.9 MM Sq ft

Total Estimated Area: 18.5 MM Sq ft

Near Term Projects in Proven Locations Provide High er Visibility of Cash Flows

Projects Under the Sale Model (Residential)

Projects Under the Sale Model (Other Segments)

Projects Under the Lease Model (Other Segments)

(Estimated area in sq ft)

A Well Defined Portfolio of Projects to be Monetize d inthe Near Term

3

Project Location Ongoing Planned Total Area sold/booked for sale as of Jun

30, 2013

Oberoi Garden City Goregaon East 3,506,200 1,739,740 5,245,940 1,956,525

Oberoi Splendor Andheri East 558,470 118,986 677,456 283,920

Oasis Worli 1,783,928 0 1,783,928 0

Exotica Mulund West 0 3,201,380 3,201,380 0

Sangam City Pune 0 773,951 773,951 0

I-Ven Worli 0 467,514 467,514 0

Amrit Chhaya Khar 20,511 0 20,511 0

Malabar Hill Malabar Hill 0 19,643 19,643 0

Total 5,869,109 6,321,214 12,190,323 2,240,445

Projects Office space Retail

Sangam City, Pune 279,939 279,939

Total 279,939 279,939

Projects Office space Retail

Oberoi Splendor, Andheri 93,873 0

Commerz II – Phase I & II 2,387,419 0

Total 2,481,292 0

10

1111

Oberoi Splendor

Ongoing projects Planned projectsCompleted projects

S.No Projects Estimated Area (MM sq ft)Residential

1 Oberoi Splendor-I 1.3

2 Oberoi Splendor Grande 0.3

3 Oberoi Splendor-III 0.3

4 Oberoi Splendor-IV 0.1

Office Space

5 Oberoi Splendor IT Tower 0.1

Social Infra

6 Oberoi Splendor-School 0.4

Oberoi Splendor, Andheri, Mumbai3

Oberoi Splendor Grande (Ongoing)

2

4

5 3

61

Aarey Colony (no development zone)

JVLR

Oberoi Splendor-I (Jul-11)

2

1

1212

Planned projects

Oberoi Exotica

S.No Projects Estimated Area (MM sq ft)

Residential

1 Exotica – I 1.6

2 Exotica – II 1.6

Exotica, Mulund, Mumbai3

� 18.81 acres of total area acquired from GlaxoSmithKline in 2005

� Residential development in central Mumbai suburb

� Located on LBS Marg, a key road in the central suburb, overlooking Borivali National Park

Exotica

Artist impression

1313

� Joint Venture to develop mixed-use project of ~2.1MM sq ft in Worli

� Conveniently located on the arterial Annie Besant Road, Worli

� The Company is responsible for development of free-sale component and the JV partners are responsible for the rehabilitation component of this slum redevelopment project

� The Company’s share in the net revenue ranges from 25–40% for the residential component and is 50% for the hospitality project within this development

Ongoing projects

3 2

1

Oasis Realty

S.No Projects Estimated Area (MM sq ft)

Residential

1 Oasis Residential 1.5

2 Oasis Residential 2 0.2

Hospitality

3 Oasis Hotel 0.3

Oasis Realty, Worli, Mumbai3

Artist impression

1414

� Conveniently located on the arterial Annie Besant Road, Worli

� Estimated area 0.5 MM sq.ft. (Planned residential project)

I-Ven Realty Ltd.

I-Ven Realty Ltd. Worli, Mumbai3

15

8,055

10,5889,748

11,475

2394

FY10 FY11 FY12 FY13 Q1 FY14

4,891

6,398 6,3367,120

1,54560.7%60.4%

65.0%

62.1%

64.5%

FY10 FY11 FY12 FY13 Q1 FY14

Consistent Track Record of Financial Performance

Above figures represent consolidated financials

Revenue EBITDA

Revenue (INR MM) EBITDA Margin%EBITDA (INR MM)

PAT

4,5825,172

4,6295,049

1,018

56.9%

48.9% 47.5%44.0%

42.5%

FY10 FY11 FY12 FY13 Q1 FY14

PAT Margin%PAT (INR MM)

Strong Financial Performance4

9,036

6,472

8,8717,755

1,060

FY10 FY11 FY12 FY13 Q1 FY14

Amount Collected

Amount Collected (INR MM)

18,639

33,476

37,341

41,62142,640

4,397

14,64312,934

10,7258,736

FY10 FY11 FY12 FY13 Q1 FY14

Networth (INR MM)

16

1 Above figures represent consolidated financials

Cash & Cash Equivalents (INR MM)

Zero Leverage Lending Strategic Flexibility4

� Significant opportunity to increase leverage in order to tap growth opportunities through:

‒ Prudent land acquisition strategy

‒ Conservative deployment of cash to replenish land bank

‒ Raise debt on large equity base

17

Lease & Hospitality Project Areas (Sq ft)

1 Area for Office Space includes 58,898 sq ft of leasable area occupied by Company2 Excludes Juhu Hotel3 Estimated

Rental Income

Stable Stream of Cash Flows from Lease & Hospitalit y Projects to Better Manage Cyclical Risks

Cash Flow Stability from Lease & Hospitality Proper ties5

Project Completed Ongoing 3 Planned 3

Office space 1 423,786 2,387,419 0

Retail 552,893 0 0

Social Infrastructure

305,309 0 1,672,601

Total 12,81,988 2,387,419 1,672,601

Hospitality projects 2 381,820 336,375 0

Rental Income (INR MM) Retail

Office Space

Social Infrastructure Total

FY13 792 46 145 1,398

Q1 FY14 207 120 49 377

Rental & Hospitality Income

833

1,1201,289

1,398

377

671

897

956

257

10%

17%

22%

21%

26%

FY10 FY11 FY12 FY13 Q1 FY14

Rental & Hospitality Revenue as % of Total Revenue

Revenue from Rent (INR MM) Revenue from Hospitality (INR MM)

833

1,791

2,187

2,354

634

1818

Experienced Board of Directors6

� On the Board since inception and has more than two decades of experience in the real estate sector

� Formulation of corporate strategy and planning, overall execution and management of the Company

Vikas Oberoi Chairman and MD

� Member of the Board since December 2006

� Involved in the areas of interior designs and landscaping

Bindu Oberoi Non-Independent,

Non-Executive Director

Venkatesh Mysore Independent,

Non-Executive Director

� Member of the Board since December 2007

� 30+ years as Chartered Accountant in practice and recently appointed as a member of advisory group set up for international taxation and transfer pricing

� Member of a group constituted by the United Nations for developing transfer pricing manual and documentation for developing countries

T.P. Ostwal Independent,

Non-Executive Director

� Member of the Board since July 2011

� CEO and MD of Knight Riders Sports Private Limited (Kolkata Knight Riders) since Oct 2010; CEO of Red Chillies Entertainment Private Limited since February 2013

� 25+ years career in financial services

� Member of the Board since September 2009

� Partner at D.M. Harish & Co., Advocates and specializes in practice areas pertaining to real estate, taxation and collaboration

Anil Harish Independent,

Non-Executive Director

1919

Stable and Experienced Management Team6

Vikas OberoiChairman and MD

Saumil Daru Group Chief Financial

Officer

Head, finance and accounts, legal and secretarial and IT initiatives; Joined in October 2002

Over 17 years of experience in tax, accounts and finance

Previously worked with Ernst & Young India Private Limited

Raman SapruExec VP–Engineering

Head, Engineering department; Joined in April 2003

Over 22 years of experience

Previously worked with P.D. Constructions

Rajendra Chandorkar Exec VP–Architecture

Head, Architecture department; Joined in July 1999

Over 17 years of experience

Previously worked with Kalpataru Constructions Overseas Private Limited

P B Nageshwar Head–HRD & Employee

Services

Head, Human resources and employee services functions

Over 15 years of experience and associated with the company since December 2010.

Rochelle Chatterjee Head–Sales

Head, Sales department

Over 16 years of experience and associated with the company since January 2010.

Arunkumar Kotian VP–Corporate Affairs

Head, Liaison department

Associated with the Promoter Group of the Company since 1990

Reema Kundnani VP–Marketing & Corporate Comm

Head, Marketing and corporate communications function

Associated with the company since 2009

Previously worked with Satyam Computer Services Limited

Bhaskar Kshirsagar Company Secretary

Chief Compliance Officer

Over five years of experience in secretarial functions

Previously worked with Puneet Resins Limited

Board Of Directors

20

Prudent Corporate Governance and Processes6

Board Driven Decision Making System and Processes

� Independent directors on board since 2007

� 60% of the Board of Directors are independent members

� Key committees chaired by Independent Directors

– Audit

– Investment

– Management Development Remuneration and compensation

� Other Committees

– Shareholders / Investor Grievance

– Operations

� SOPs for all functions documented by a Big 4 Firm

� Internal Audit conducted by another Big 4 Firm

� Amongst the first real estate companies in India to implement SAP in FY2007

– Functions currently covered: Finance & accounts, controlling, sales, materials, projects, HR, business intelligence and other real estate specific modules

� Presently implementing consolidation tool to strengthen the control on financial reporting process and a planning and budgeting tool to improve financial monitoring of the business

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One of the world’s most distinguished architectural firm

Singapore’s well known multidisciplinary architecture & design firm

International planning, design and consulting firm

Largest construction company in India & also ranks 27th among the top international contractors globally

Adjudged as the world’s best construction company

Design engineering firm that addresses the full life cycle of structures through their integrated practices

Leading & highly recognized landscape & urban design firms in Japan

Global leader in vertical transportation design, develops effective solutions for tall & super tall structures

21

Strategic Relationship with Best-in-class Partners

Proven Execution Across Verticals, Further Strength ened by Capable Partners

Best-in-Class Partners6

Fortune Elevators

)

Thornton Tomasetti

Samsung C&T

22

The Way Forward

Established Premium Brand Positioning with “Destination Developments” Across

Mumbai

Financial Strength with Zero Leverage Lend Strategic Flexibility

Scalable Business Model with Proven Execution Capabilities

Strong Pipeline of Ongoing / Planned Projects Across Segments

Cash Flow Stability from Lease & Hospitality Properties

Strong Management Team with Best-in-class Partners Continue to Maintain Strong Financials

Follow Balanced Revenue Generation Model for Stable Cash Flow Visibility

Strengthen Relationships with Key Service Providers

Continue to Focus on Large Mixed Use Developments in Mumbai

Continue to Acquire Land Through Various Modes

23

Thank You