1. Greetings from Spa Eco City & the creators of Frangipani Country Estates!! Greetings from Spa Eco City & the creators of Frangipani Country Estates!! 1

2. We would like to list below an update on the Progress of the Project. 2

3. “100 % Internal Road Formation Work Completed ” Feb March

4. “Excavation Work for infra work started”

5. “Plot Marking & Formation Work Under Progress” Feb March

6. “ Main hole Chamber Excavation Work Started”

7. “Sewage line (Eco Drain Pipe) Laying in Progress”

8. “Eastern Side Compound Wall Plastering Work Completed” Feb March

9. “Parks formation Under Progress”

10. “60 feet Main Road Formation Work Completed ”

11. Current Views of Project

13. “No Objection Certificate" No. 9442/2014 from revenue department issued by Tahsildar - Hosur. Resolution No. 03/2014 passed by the "The President, Eachangur Panchayat Union" Land conversion processing File No. ROC No. 1263/2014 generated by "HNTDA - Hosur." Statutory Public Notice in local News Papers was Published by HNTDA on 15th Sep 2014 and 30 days tenure completed without any objection. NOC from PWD Dtd: 19/12/14 received, issued by chief Engineer(Water Resources Organisation Govt Tamil Nadu),Chennai. HNTDA(Hosur New Town Development Authority) - Hosur, authority meeting concluded on 30/12/2014 adapting agenda No.2 held at sub collector office, Hosur, passed resolution to forward the file to DTCP - Chennai for conversion of the lands from Agriculture to Residential Zone. Conversion Order No. 43/2014-15 for Residential conversion of property issued by Housing and Urban Development Ministry Govt Of Tamil Nadu(Chennai) 13

14. Conversion Order No. 43/2014-15 for Residential conversion property received from Housing and Urban Development Ministry Govt. Of Tamil Nadu(Chennai) 14

15. Development charges as per demand notice dated 22/4/2015 are paid on 28/4/2015. File No. 820/2015 is generated for Residential layout approval from DTCP Chennai through HNTDA- Hosur and received final verification/approval of road pattern for the layout from DTCP, and submitted for final approval. Layout plan is submitted to DTCP for final approval which is expected by the end of April 2016 as there is procedural delay due to assembly election of Tamilnadu.

16. Surrounding Infrastructure Development Surrounding Infrastructure Development Two flyovers under construction on Hosur road are now open for traffic. We are glad to inform that the existing Sarjapur Hosur road (Kagganoor Nallur Road) is getting widened to double the existing width by the State Highway Department in two phases. Phase 1 is completed. Tender notification for 2 nd Phase has been published in Govt. gazette on 11/9/2015. 16

17. “Sarjapur- Hosur Road (Kagganoor Nallur Road) Widening of the road from one side ( Phase-1) is completed.” 17

18. Sarjapur Town By-pass Road Widening Completed and Now Open for Traffic. 18

19. Sarjapur - Bagalur Road (NH207) is getting Widened.

20. Road from SIPCOT –I (Ashok Leyland) has been taken up for widening two culverts are currently being widened, this road would substantially reduce the distance and travel time via Hosur road to the project. We are glad to inform that Karnataka BUDGET 2015-16 has enhanced the infrastructure development and connectivity for our project Frangipani and SPA Eco City by announcing the road widening from outer ring road junction to Dommasandra circle from the existing 60ft road to 150ft road, also the entire varthur road widening till sarjapur. Please find enclosed a screen shot of 14th March 2015 “Times of India” Page 8 and Deccan Herald article Dtd: 17th March 2015 for your ready reference. 20

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22. Price : Current Pre-launch offer price for SPA Eco City : Rs. 1900 /- per sgft ( 25% Payment Scheme) Rs. 1700/- per sqft (100% Payment Scheme)