Ground up development with build to lease strategy

A 6 unit, three storied lease only mixed residential and commercial complex is located in Cyber
City Hyderabad, India. The location is in the prime residential area of KPHB colony near Satyam
Hill Country development. The five storied development has two floors of 15,000 square foot
of commercial space and three stories of six condominiums.

The property has been leased since 2007 with an Annual Return Rate of 8%.