0

1111

Company Overview

� HDIL Group

– HDIL listed on BSE/NSE in July 2007

– Over three Decades of expertise in the Real Estate Business

– Developed over 100 million sq. ft. area

� Company Profile

– A major player in Mumbai Realty with 90% land Reserves in the Mumbai Metropolitan Region (MMR)

– Total Land Reserves (including TDR) of *236.95 million sq. ft. (saleable area) as on 31st March, 2011

– Market Leader in Residential and SRA projects in the Mumbai Metropolitan Region (MMR)

– Currently executing the largest SRA project for rehabilitation of approx. 85,000 slum dwellers under expansion & modernization of Chhatrapati Shivaji International Airport, Mumbai

– Approx. 33,000 housing units under construction for MIAL Slum Rehabilitation Project

– Currently approx 92 million sq. ft. sale area of projects under construction

– 22 ongoing projects with a combination of Residential, Commercial & SRA

– Residential Portfolio of approx. 39 million sq.ft

– More than 13 million sq. ft. of Residential apartments sold

Strong track record of performance, consistent growth and profitabilityStrong track record of performance, consistent growth and profitability

* Company estimates

2

Achievements

Best Developer in Commercial Infrastructure by CSI:

Mr. Sarang Wadhawan - MD, HDIL

The Leading Developer in Residential and Affordable Housing: Mr. Sarang Wadhawan – MD, HDIL

333

Largest Player in Mumbai Metropolitan Region (MMR)

Ongoing Projects

Residential:

• Metropolis

• Harmony

• Ghatkopar

• Kurla Premier Phase I

• Kurla Premier Phase II

• Majestic Towers

• Whispering Towers- Phase I

• Whispering Towers- Phase II

• Galaxy Apartments

• Residency Park- Phase I

• Exotica

• Meadows Phase I

• Meadows Phase II

• Kharadi

• Daulat Nagar

• Ekta Nagar

• Paradise City

• Kochi

• Novinon Property (Shahad)

Commercial:

• Metropolis

• Kurla Premier

� Kalamsarry- Phase I

• HDIL Industrial Park

� Vasai-Virar belt (Part of Thane

district) Preferred residential

destination, well connected with rail

and road network

� Majority of Mumbai’s working

population resides in this region

� Potential business destination/

district

� HDIL is one of the largest land holders

in this area

� Vasai-Virar belt (Part of Thane

district) Preferred residential

destination, well connected with rail

and road network

� Majority of Mumbai’s working

population resides in this region

� Potential business destination/

district

� HDIL is one of the largest land holders

in this area

� Major potential for slum

rehabilitation and redevelopment

� Major investment in infrastructure in

the region

� Phase I of the MIAL project nearing

completion

� Major potential for slum

rehabilitation and redevelopment

� Major investment in infrastructure in

the region

� Phase I of the MIAL project nearing

completion

� Old business district of Mumbai

� Exploring potential options in South

Mumbai

� Old business district of Mumbai

� Exploring potential options in South

Mumbai

BKC

Churchgate

Virar

Bandra

Churchgate

to Vitar(52 kms)

Bandra

to Vitar(30 kms)

Total Land in MMR >200 million sq. ft.Total Land in MMR >200 million sq. ft.

444

Diversified Project Mix

22 Ongoing Projects aggregating 91.53 million sq. ft.22 Ongoing Projects aggregating 91.53 million sq. ft.

Segment wise Project Breakup

Ongoing Projects (Saleable Area)

39.03 mn38.78 mn

7.97 mn

SRS/Redevelopment- 6%

5.76 mn

TDR (MIAL Project)* 43%

Commercial and Retail- 9%

Residential- 42%

* Includes proposed TDR for Phase III

5

Ongoing Projects-Residential

Total Residential Portfolio of Approx. 39 mn sq.ftTotal Residential Portfolio of Approx. 39 mn sq.ft

1,250,000VirarVirar Residency

1,000,000GoregaonMeadows Phase I

700,000KurlaExotica

800,000MulundWhispering Towers- Phase I

5,000,000PalgharParadise City (Phase I and II)

Total

Majestic

Galaxy

Harmony

Metropolis

Premier Residency- Phase I

Project

Bhandup

Kurla

Oshiwara

Andheri

Kurla

Location

12,268,858

1,300,000

475,000

43,858

7,00,000

1,000,000

Saleable Area (in sf)

Residential Projects as on 31st March 11

6

Forthcoming Projects-Residential

26,506,186

6,797,089

5,000,000

400,000

6,299,640

509,457

800,000

800,000

3,600,000

800,000

1,500,000

Saleable Area (in sf)

Sales to be launchedPalgharParadise City (Phase III)

Total

Novinon Property (Shahad)

Kharadi

Kochi

Ghatkopar

Premier Residency- Phase II

Daulat Nagar

Meadows- Phase II

Whispering Towers- Phase II

Ekta Nagar

Project

MMR

Pune

Kochi

Ghatkopar

Kurla

Santacruz

Goregaon

Mulund

Kandivali

Location

Site preparation and

infrastructure work in progress

Construction started

Land Aggregation and site

infrastructure in progress

Planning and Approval stage,

Sales to be launched

Planning and Approval stage,

Sales to be launched

Rehabilitation in progress,

sales to be launched

MHADA Redevelopment in

progress, sales to be launched

Rehabilitation in progress,

sales launched in the month of

April, 2011

Rehabilitation in progress,

sales to be launched

Status

Total Residential Portfolio of Approx. 39 mn sq.ftTotal Residential Portfolio of Approx. 39 mn sq.ft

7

Commercial and Retail Projects as of 31st March 11

Ongoing Projects- Commercial and Retail

2,500,000KochiKalamsarry-I.T SEZ (Phase I)***

349,456OshiwaraHarmony*

1,500,000VirarHDIL Industrial Park**

400,000MulundWhispering Towers**

2,000,000KurlaKurla Premier*

7,969,456Total

1,220,000Andheri (West)Metropolis*

Saleable/Lease Area (in sf)LocationProject

* Pre-leasing commenced

** Sale Model

*** Construction Commenced

8

Slum Rehabilitation Projects as of 31st March 11

Ongoing Projects- SRA

950,000KandivaliEkta Nagar

1,800,000GoregaonMeadows (Phase I and II)

39,025,000MumbaiMIAL Slum Rehabilitation Project (TDR)*

44,784,035Total

500,000SantacruzDaulat Nagar

350,000GhatkoparGhatkopar

117,205MaladMalad (West)

159,074Bandra-Kurla Complex Bandra (East) SRS Scheme II

1,882,756Bandra-Kurla Complex Bandra (East) SRS Scheme I

Saleable Area (in sf)LocationProject

* Includes proposed TDR for Phase III

9

Construction Area- Ongoing Projects

SRA/TDR*

20.76 mn

Commercial/

Retail

9.29 mn

Residential

13.92 mn

Total Construction Area- 43.97 million sq.ftTotal Construction Area- 43.97 million sq.ft

21%

32%

47%

* Includes Phase I and II- 33,000 units

1010

Residential Projects- Construction UpdateResidential Projects- Construction Update

Metropolis Meadows

11

Premiere Residencies- Kurla (W)

Week 4, March 11

Galaxy Apartments- Kurla (E)

Construction Update- Residential Projects

Metropolis Residencies- Andheri (W) Majestic Towers- Nahur (W)

12

Construction Update- Residential Projects

Harmony- Oshiwara Residency Park- Virar (W)

Meadows- Goregaon (W) Whispering Towers (Phase I)-Mulund (W)

Week 4, March 11

13

Construction Update- Residential Projects

Paradise City (Phase I and II)- Palghar (W)

Week 4, March 11

1414

Commercial Projects- Construction UpdateCommercial Projects- Construction Update

Harmony Metropolis

15

Construction Update- Commercial Projects

Week 4, March 11

Premier- Kurla (W) Metropolis- Andheri (W)

Industrial Park- Virar (E) Harmony- Oshiwara

161616

24

23

12

11 10

9

13

8

7

6

1

27

26

30

29

28

25

32

5

4

22

3

2

31

14

15

20

17

18

19

16

21

31A

PRIORITY 1

PRIORITY 2

PRIORITY 2A

PRIORITY 3

� Largest Urban Rehabilitation

Scheme in India

� Rehabilitation > 1 million

people

� No. of Hutments – 85,000

approx.

� Scale similar to Town Planning

& Urban Renewal Scheme

� Vital Public Infrastructure

Project.

� Approved FSI of 4

� Airport Modernization &

Expansion

� Provide World Class

Infrastructure

� Generation of more than

10,000 jobs over next few

years

MIAL Rehabilitation Project: Uplifting face of Mumbai

HIGHLIGHTS

MIAL Project would help in uplifting the face of MumbaiMIAL Project would help in uplifting the face of Mumbai

17

Progress of MIAL Phase I and Phase II Rehab. Sites

HIGHLIGHTS

Whispering Towers Popular Car Bazaar Mahul

No. of Families ~ 3,000 ~2500 ~1000

Rehab. Area (Sq. ft.) 1.2 mn 1 mn 0.5 mn

Project Start Date Oct 10 Nov 10 Nov 10

HIGHLIGHTS

Premiere (I and II) Galaxy Majestic

No. of Families ~22,000 ~2000 ~2500

Rehab. Area (Sq. ft.) 8 mn. 0.5 mn. 0.7 mn.

Project Start Date May 08 May 08 Sep 09

Work completd > 75 % > 75 % >25%

Approx. 33,000 housing units under constructionApprox. 33,000 housing units under construction

1818

MIAL Rehabilitation Project- Phase 1 (Construction Update)

1919

Virar Rental Housing Project

19

Executing Largest Rental Housing Scheme in Mumbai Metropolitan Region since 1947 with MMRDA Executing Largest Rental Housing Scheme in Mumbai Metropolitan Region since 1947 with MMRDA

HIGHLIGHTS

� Largest Rental Housing Scheme

in MMR since 1947

� Development of 525 acres

aggregating to 56 million sq. ft.

of built up area - FSI of 4

� Completion in 4 phases by 2015

� Approx. 40,000 rental units of

160 sq. ft. carpet area

aggregating to 13 million sq. ft.

of built up area to be given to

MMRDA free of cost

� HDIL to generate 50 million sq.

ft. of saleable area

� Revenue visibility from sale of

FSI as well as constructed area

� Development of 4 million sq. ft.

of Social Infrastructure

� Environment Management Plan

RENTAL HOUSING SECTORRENTAL HOUSING SECTOR

FREE SALE HOUSING SECTORFREE SALE HOUSING SECTOR

20

Investment in Hospitality ProjectsInvestment in Hospitality Projects

21

Hospitality Project- Juhu, Mumbai

� Operator- Hilton

� Brand- Conrad

� Management Agreement signed with

Hilton hotels for 20 years

� Hotel Description-

– 5 star

– Approx. 240 rooms

– One All day dining

– Three Specialty restaurants

– Night Club

– Executive lounge, Lounge Bar

– Pool

– Retail segment

– Spa and Fitness, Banquet and Conference

� Project Completion Deadline- 2014

HDIL owns 45% stake in the Hospitality Business HDIL owns 45% stake in the Hospitality Business

Proposed Elevation

Current View

22

Hospitality Project- Andheri, Mumbai

� Operator- Intercontinental Hotel Group

� Brand- Crown Plaza

� Business/ Leisure Hotel

� Hotel Description-

– 5 star

– Approx. 200 rooms

– One All day dining

– Three Specialty restaurants

– Night Club

– Executive lounge, Lounge Bar

– Pool

– Retail segment

– Spa and Fitness, Banquet and Conference

� Project Completion Deadline- 2013

HDIL owns 100% stake in the project (part of Metropolis Commercial project)

Current View

Proposed Elevation

232323

Financial OverviewFinancial Overview

24

Housing Development and Infrastructure Limited

Financial Performance/ Ratios

*** Standalone

Cash as on 31/03/2011- 226 crores

Net Debt- Rs. 3969.39 crores

Net Debt/Equity- 0.42

Rs. in crores

31/03/2011 31/03/2010 31/03/2011 31/03/2010 3/31/2011 3/31/2010

Turnover (Net) 523.71 434.07 20.65% 1,802.62 1,491.99 20.82% 1,849.99 1,502.12 23.16%

Other Income 23.89 30.39 120.10 107.59 49.88 34.51

Total Income 547.60 464.46 17.90% 1,922.72 1,599.58 20.20% 1,899.87 1,536.63 23.64%

PBT&E 259.19 230.85 12.27% 1,054.03 735.28 43.35% 985.95 705.19 39.81%

PBT % to income 47.33% 49.70% 54.82% 45.97% 51.90% 45.89%

EBIDTA 279.49 257.71 8.45% 1,143.09 820.15 39.38% 1,153.33 824.56 39.87%

EBIDTA % to income 51.04% 55.49% 59.45% 51.27% 60.71% 53.66%

PAT 197.32 183.47 7.55% 896.41 602.30 48.83% 822.34 572.23 43.71%

PAT % to income 36.03% 39.50% 46.62% 37.65% 43.28% 37.24%

Net worth 9637.08 7,117.74 9,637.08 7,117.74 9,489.48 7,042.87 34.74%

Debt 4195.39 4,051.72 4,195.39 4,051.72 4,319.79 4,101.72 5.32%

Debt Equity ratio 0.44 0.57 0.44 0.57 0.46 0.58

EPS -Basic 4.75 5.14 22.88 18.23 21.04 17.35

- Diluted 4.65 4.98 22.48 17.81 20.67 16.95

Inventories 10,086.48 8,033.66 10,086.48 8,033.66 11,415.24 8,756.65 30.36%

ParticularsGrowth % Growth %

Audited standalone

Quarter ended Year Ended

Consolidated

Growth %Year ended

*** Consolidated

Cash as on 31/03/2011- 229.69

Net Debt- Rs. 4090.1 crores

Net Debt/Equity- 0.43

25

Standalone Balance Sheet as at

Housing Development and Infrastructure Limited

Sch edu le s

SO UR CE S O F FU N D SSha reho lde r s' f und s

Sh a re c ap ita l A 4 ,150 ,0 39 ,8 60 3 ,58 8 ,4 26 ,7 60

R ese rv e s an d su rp lu s B 89 ,628 ,8 44 ,8 29 6 6 ,80 9 ,0 08 ,3 78

Sh a re w a r r an t 2 ,59 2 ,0 00 ,0 00 9 6 ,3 7 0 ,8 84 ,6 89 7 8 0 ,0 00 ,0 00 7 1 ,1 7 7 ,4 35 ,138

Lo an fund s C

Se cur e d lo an s 41 ,953 ,9 43 ,1 68 4 0 ,51 7 ,1 69 ,4 30

U n se cu r e d lo an s - 4 1 ,9 5 3 ,9 43 ,1 68 - 4 0 ,5 1 7 ,1 69 ,430

Defer r ed ta x liab ility (N e t) D 65 ,6 94 ,2 58 5 3 ,3 3 1 ,8 45

To ta l 1 38 ,3 90 ,5 22 ,1 15 1 1 1 ,7 47 ,9 36 ,413

A PP LICA T IO N O F F UN D S

Fixe d a sse ts E

G ro ss b lo ck 1 ,883 ,9 40 ,6 92 1 ,90 5 ,3 07 ,8 62

1 0 6 ,7 76 ,8 99 9 8 ,3 0 7 ,0 30

Ne t b lo ck 1 ,777 ,1 63 ,7 93 1 ,80 7 ,0 00 ,8 32

C ap i ta l w o rk-in -p rog r es s 910 ,7 37 ,0 03 2 ,6 8 7 ,9 00 ,7 96 2 2 ,8 0 3 ,8 33 1 ,8 2 9 ,8 04 ,665

In ves tm en ts F 7 ,8 59 ,5 25 ,6 73 5 ,9 6 4 ,7 63 ,586

Cur ren t a ss e ts, lo ans an d adv anc e sIn ve n to ri e s G 100 ,8 64 ,8 31 ,5 41 8 0 ,33 6 ,6 24 ,0 06 Sundry de bto r s H 3 ,428 ,4 82 ,9 90 2 ,00 7 ,1 75 ,9 38 C a sh an d b an k ba l an ce s I 2 ,260 ,0 73 ,5 38 7 ,87 3 ,8 79 ,1 47 O th e r c u r r en t a sse t J 25 ,5 27 ,9 34 2 7 ,9 0 7 ,2 83 Loan s an d adv an ce s K 41 ,411 ,6 71 ,3 14 2 2 ,05 3 ,1 63 ,2 67

1 4 7 ,9 90 ,5 87 ,3 17 1 1 2 ,298 ,7 49 ,6 41 Less : C ur r en t liab ilitie s an d p ro vis ion sCur re n t lia b i li ti e s L 18 ,768 ,3 58 ,5 49 8 ,02 2 ,7 47 ,7 81 P rov is i o n s M 1 ,379 ,1 33 ,1 22 3 2 2 ,6 33 ,6 98

2 0 ,14 7 ,4 91 ,6 71 8 ,34 5 ,3 81 ,4 79 Net c u r ren t a sse ts 127 ,8 43 ,0 95 ,6 46 1 0 3 ,9 53 ,3 68 ,162

138 ,3 90 ,5 22 ,1 15 1 1 1 ,7 47 ,9 36 ,413

Le ss : A cc umu la te d de pre ci a t io n

(A mo u nt in `)

(A u d ited )

31 -M ar -2 011

(Am o un t in `)

3 1 -M ar -2 010

(Aud ited )

26

Standalone Profit and Loss Statement as on

Housing Development and Infrastructure Limited

Quarter ended Quarter ended Year ended Year endedSchedules 31-Mar-2011 31-Mar-2010 31-Mar-2011 31-Mar-2010

(Audited) (Audited) (Audited) (Audited)(Amount in `) (Amount in )̀ (Amount in `) (Amount in `)

INCOME

Turnover N 5,237,055,777 4,340,723,892 18,026,262,763 14,919,917,617 Other income O 239,156,224 303,881,541 1,201,332,928 1,075,907,120

5,476,212,001 4,644,605,433 19,227,595,691 15,995,824,737 EXPENDITURE

Variation in stock in trade P 279,208,292 251,423,369 (198,431,369) (391,507,225)

Variation in work-in-progress Q (2,313,942,299) (5,010,589,138) (23,953,382,490) (15,528,157,615)

Transfer to Investment / Fixed assets (831,325,002) (193,478,550) (1,052,469,136) (690,716,779)

R 3,987,894,847 5,572,842,015 26,955,957,613 19,147,668,693

Project specific interest S 1,284,445,795 1,176,116,191 4,961,500,530 4,366,496,459

Employees' remuneration and welfare expenses T 106,838,006 78,173,524 417,294,716 260,281,700 Administrative expenses U 167,765,520 192,157,022 620,918,745 630,136,229 Interest S 180,863,709 247,926,112 818,130,073 797,753,322 Depreciation / Amortisation 22,256,144 21,485,839 72,491,814 51,028,438 Share of loss from partnership firm 303,691 - 303,691 -

2,884,308,703 2,336,056,384 8,642,314,187 8,642,983,222 Operating Profit before exceptional items 47% 2,591,903,298 2,308,549,049 10,585,281,504 7,352,841,515 Less: Exceptional items - - 44,957,074 - Operating Profit after exceptional items before Tax 2,591,903,298 2,308,549,049 10,540,324,430 7,352,841,515 Less :Provision for tax 612,000,000 459,800,000 1,563,100,000 1,300,000,000 Less:-Provision for wealth tax 158,675 224,351 711,200 568,471 Less :Deferred tax liability /(asset) 6,474,310 13,807,021 12,362,413 29,316,652 Operating Profit after Tax 36% 1,973,270,313 1,834,717,677 8,964,150,817 6,022,956,392

Balance brought forward from previous year / quarter 12,829,617,520 7,767,474,901 5,829,241,346 6,054,236,187

- (56,351,232) 9,495,670 (56,351,232)

Profit available for appropriation 14,802,887,833 9,545,841,346 14,802,887,833 12,020,841,346 Appropriations :Less : Transferred to General Reserve 5,829,241,346 - 5,829,241,346 -

Less : Transferred to Debenture Redemption Reserve 4,333,400,000 3,716,600,000 4,333,400,000 6,191,600,000

Profit Carried to Balance Sheet 4,640,246,487 5,829,241,346 4,640,246,487 5,829,241,346

Earnings per share - Basic (Amount in `) 4.75 5.14 22.88 18.23

- Diluted (Amount in ̀ ) 4.65 4.98 22.48 17.81

Cost of construction, Land and development expenses

Add/ Less :Excess/ (Short) Provision for taxation no longer required

27

Housing Development and Infrastructure LimitedStandalone Cash Flow Statement for the period ended

A C a s h f lo w f r o m o p e r a t i n g a c ti v i t ie sN e t p r o f i t b e f o r e t a x 2 , 5 9 1 , 9 0 3 ,2 9 8 A d j u s tm e n t s f o r :

(1 ) D e p r e c i a t io n 2 2 , 2 5 6 ,1 4 4 (2 ) I n te r e s t e x p e n s e s 1 8 0 , 8 6 3 ,7 0 9 (3 ) P r o fi t o n s a l e o f u n i t s o f m u t u a l f u n d s ( 6 ,7 1 9 ) (4 ) I n te r e s t r e c e iv e d ( 1 9 4 , 5 1 5 ,0 9 8 ) (5 ) D iv i d e n d r e c e i v e d - (6 ) L o s s o n sa le o f in v e st m e n ts - (7 ) L o s s b y f i r e - (8 ) L o s s o n sa le o f fix e d a s s e t s ( 4 1 ,4 9 2 ) 8 , 5 5 6 ,5 4 4 O p e ra t in g p ro f i t b e f o re w o rk in g c a p i t a l c h a n g e s 2 , 6 0 0 , 4 5 9 ,8 4 2 M o v e m e n t s in w o rk in g c a p i t a l :

D e c r e a s e / (I n c r e a s e ) in i n v e n t o r y 1 , 5 8 8 , 8 7 2 ,3 1 7 D e c r e a s e / (I n c r e a s e ) in s u n d ry d e b t o r s 4 9 7 , 8 0 0 ,6 6 0 D e c r e a s e / (I n c r e a s e ) in o t h e r r e c e iv a b le s (6 , 1 5 2 , 2 3 1 ,8 4 8 ) ( D e c r e a s e ) / I n c r e a s e in t r a d e a n d o t h e r p a y a b l e s 2 , 0 4 8 , 6 1 6 ,6 5 7

N e t m o v e m e n t i n w o rk in g c a p i ta l (2 , 0 1 6 , 9 4 2 ,2 1 4 ) C a s h g e n e ra te d f ro m o p e r a t io n s 5 8 3 , 5 1 7 ,6 2 8 L e ss : D ir e c t ta x e s p a i d ( n e t o f r e f u n d s) * 1 9 , 2 9 0 ,1 7 1 N e t c a s h f ro m o p e r a t i n g a c ti v i t ie s 5 6 4 , 2 2 7 ,4 5 7

B C a s h f lo w s f r o m i n v e s t in g a c t i v i ti e s(1 ) ( I n c r e a s e ) / D e c re a s e in c a p i ta l w o rk i n p r o g r e s s ( 8 7 9 , 4 9 7 ,6 3 2 ) (2 ) ( I n c r e a s e ) / D e c re a s e in i n v e st m e n t s ( n e t ) 4 2 1 , 0 5 8 ,1 5 0 (3 ) I n te r e s t r e c e iv e d 1 9 4 , 5 1 5 ,0 9 8 (4 ) D iv i d e n d r e c e i v e d - (5 ) P u rc h a s e o f f ix e d a s s e ts (7 1 , 4 1 3 ,7 4 9 ) (6 ) P r o fi t o n s a l e o f u n i t s o f m u t u a l f u n d s 6 ,7 1 9 (7 ) S a le o f fix e d a s s e t s 6 4 ,9 5 0 N e t c a s h f ro m i n v e s t in g a c ti v i t ie s ( 3 3 5 , 2 6 6 ,4 6 4 )

C C a s h f lo w s f r o m f i n an c i n g a c ti v i t ie s

(1 ) P r o ce e d s f ro m b o r ro w in g s 3 , 6 5 1 , 4 2 3 ,9 1 6 (2 ) R e p a y m e n t o f b o r r o w in g s (3 , 1 2 0 , 5 1 3 ,3 7 0 ) (3 ) P r o ce e d s f ro m sh a r e w a r r a n t s 1 1 8 , 6 0 0 ,0 0 0

(4 ) I n c re a se i n s h a re c a p i t a l i n c lu d in g s h a re p rem iu m -

(5 ) S h a r e is su e e x p e n s e s -

(6 ) I n te r e s t p a i d ( 1 8 0 , 8 6 3 ,7 0 9 ) N e t c a s h u s e d i n f i n a n ci n g a c t i v i ti e s 4 6 8 , 6 4 6 ,8 3 7 N e t i n c r e a s e in c a sh a n d c a sh e q u iv a le n ts (A + B + C ) 6 9 7 , 6 0 7 ,8 3 0 C a s h a n d c a sh e q u iv a le n ts a t th e b e g i n n in g o f th e y e a r / p e r i o d 1 , 5 6 2 , 4 6 5 ,7 0 8

C a s h a n d c a sh e q u iv a le n ts a t th e e n d o f th e y e a r/ p e r io d 2 , 2 6 0 , 0 7 3 ,5 3 8

( A u d i te d )3 1 -M a r- 2 0 1 1

Q u a r t e r e n d e d

( A m o u n t in ` )

282828

Annexure 1: SRSAnnexure 1: SRS

292929

Slum Rehabilitation Scheme

Source: Slum Rehabilitation Authority

70% of dwellers from Co-

Op. Hsg. Soc.

Appt. of Chief Promoter/

Opening of bank account

Docs (land title etc.)

collected/ Plot measured/

Structures Demarcated

Structure survey & no./

Table of house no. prepared

Developer appointed/

Developer appoints

architects, surveyor,

engineer, etc.

Developer enters into

individual agreements with

dwellers

Proposal with plans,

annexures & documents

submitted to SRA

Initial Stage

Scrutiny by sub engineer/

Scrutiny fee calculated

Scrutiny fee paid by

developer

Annexure II submitted for

certification/ Annexure III

submitted to finance dept.

Annexure I scrutinised by

engg. dept.

Second Stage

Lots of allotment of

tenements to participating

members/ subsequently for

non-participants

Developers arrange for

transit accommodation,

either on-site or off-site

Draw lots for allotment of

transit tenements

Slum dwelleres shifted to

transit camps & hutments

demolished/ non-

participants issued notices

If non-participants do not

agree within 15 days, they

are physically evicted from

slum site

All structures demolished

and work up to plinth level is

completed

After verifying plinth

dimensions, SRA grants

permission to construct

beyond plinth level

Third Stage

Lists of allottees prepared /

allotment of tenements is

made in joint name

Rehabilitation buildings

completed

Building permissions for free

sale buildings given in

proportion to rehabilitation

buildings

Plans for further

rehabilitation & free sale

buildings approved

SRA issues identity cards to

slum dwellers

Building & compliance with

IoA conditions verified/

Occupation permitted/

Possession as per allotment

Building Completion

Certificate submitted by

architect

Fourth Stage

Annexure II & III certified by

respective authorities

LoI, layout, IoA, CC issued

Fifth Stage

Separate property cards for

rehabilitation plot, free sale

plot & reservation plots

prepared

Further building

permissions/ Occupation

permissions granted in due

course

Construction of remaining

buildings commenced

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Disclaimer

This investor presentation has been prepared by Housing Development and Infrastructure Ltd (“HDIL”). and does not constitute a

prospectus or placement memorandum or an offer to acquire any securities. This presentation or any other documentation or

information (or any part thereof) delivered or supplied should not be deemed to constitute an offer.

No representation or warranty, express or implied is made as to, and no reliance should be placed on, the fairness, accuracy,

completeness or correctness of such information or opinions contained herein. The information contained in this presentation is only

current as of its date. Certain statements made in this presentation may not be based on historical information or facts and may be

“forward looking statements”, including those relating to the general business plans and strategy of HDIL, its future financial

condition and growth prospects, future developments in its industry and its competitive and regulatory environment, and statements

which contain words or phrases such as ‘will’, ‘expected to’, ‘horizons of growth’, ‘strong growth prospects’, etc., or similar

expressions or variations of such expressions. These forward-looking statements involve a number of risks, uncertainties and other

factors that could cause actual results, opportunities and growth potential to differ materially from those suggested by the forward-

looking statements. These risks and uncertainties include, but are not limited to risks with respect to its real estate business, SEZ

business and its infrastructure business.

HDIL may alter, modify or otherwise change in any manner the content of this presentation, without obligation to notify any person of

such revision or changes. This presentation cannot be copied and disseminated in any manner.

No person is authorized to give any information or to make any representation not contained in and not consistent with this

presentation and, if given or made, such information or representation must not be relied upon as having been authorized by or on

behalf of HDIL. This presentation is strictly confidential.

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