“Invitation for Acquisition” Of Interest of IL&FS Group in Hill County Properties Limited (HCPL) On As Is Where Is Basis September 16th 2019 Locations: Site 1: Maisammaguda, Hyderabad Site 2: Bachupally, Hyderabad Site 3: Gopanpally, Hyderabad Site 4: Madhurawada, Visakhapatnam Site 5: Mangalagiri, Vijayawada Site 6: Meerut, Uttar Pradesh Contents • Proposed Transaction • Hyderabad, Telangana – Site 1, 2 & 3 • Andhra Pradesh – Site 4 & 5 • Uttar Pradesh – Site 6 Proposed Transaction Proposed Transaction IL&FS, IL&FS Township & Urban Assets Limited and IL&FS Engineering and Construction Company Limited (together the “IL&FS Group”) is currently holding 9%, 40% and 31% respectively totalling to 80% of Equity Stake in Hill County Properties Limited (“HCPL”). IL&FS Group is inviting interested parties for potential sale of the aforementioned equity stakes in HCPL on “as is where is basis.” LAST DATE FOR SUBMISSION OF EOI: OCTOBER 16th 2019, 6:00 PM HCPL houses various land parcels/ development rights as detailed below: Extent of Land Extent of Land with Total Extent SI. No. Location City State Owned by HCPL Development Rights (In Acres) (In Acres) (In Acres) 1 Maisammaguda Hyderabad Telangana 145.20 153.90 299.10 2 Bachupally Hyderabad Telangana 68.89 29.33 98.22 3 Gopanpally Hyderabad Telangana - 39.38 39.38 4 Madhurawada Hill Road Visakhapatnam Andhra Pradesh 25.60 - 25.60 5 Mangalgiri Vijayawada Andhra Pradesh 10.92 7.00 17.92 6 Daurala Meerut Uttar Pradesh 13.45 - 13.45 Total 264.06 229.61 493.67 Note: Following additional revenues accrue to HCPL A) The Revenue share of the land owners in the above mentioned “lands with development rights” accrues to HCPL for the loans and advances owed by Land Owners to HCPL. B) Revenue from a land parcel admeasuring 26 acres located at Isnapur, Hyderabad by virtue of a Joint Development agreement with a third party developer C) Revenue from club house in Hill County, Bachupally owned by HCPL © 2019 Jones Lang LaSalle IP, Inc. All rights reserved. 4 Hyderabad, Telangana Site 1: Maisammaguda, Hyderabad Site 2: Bachupally, Hyderabad Site 3: Gopanpally, Hyderabad Location Understanding - Hyderabad Hyderabad Telangana State 1 2 NH 65 3 NH 44 NH 65 NH 163 NH 44 NH 65 NH 44 NH 44 1 Maisammaguda – 299.10 Acres 2 Bachupally – 98.22 Acres 3 Gopanpally – 39.38 Acres 6 © 2019 Jones Lang LaSalle IP, Inc. All rights reserved. 6 Site 1: Maisammaguda, Hyderabad Property Details Micro Market Development Aparna Kanopy Lotus, Aparna Total Land Palm Grove, Palm Meadows, 299.10 Acres Area Residential Oorjitha Grand, Ashoka A-La Mansion, Anthem Villas, Aparna Micro Market PBD North Kanopy Tulip etc Asian Cine Planet, KML Fashion Retail Mall, Big Bazar, Runway 9 etc Subject Site Abutting 80 feet road which connects to Access Nalla Malla Reddy Engineering & proposed 100 ft master plan road Technology, Indian Institute of Aerospace Technology, St. Educational Martin's Engineering College, CMR Institute of Technology, 145.20 acres - Title with Institutions HCPL Hyderabad Institute of Technology and Management, St. Peter’s 153.90 acres - Engineering College Ownership Development Agreement Proximity to Distance Travel Time entered between HCPL (Kms) and the land owners HITEC City 20.0 50 Min Highlights Gachibowli 27.0 60 Min • Location has high demand for affordable and mid-segment residential units Zone Multipurpose • Easy connectivity to IT Corridor in Western Hyderabad due to close proximity to Outer Rajiv Gandhi 17°34'14.0"N International 76.0 76 Min Ring Road. Coordinates • Immediate catchment includes Malls & Multiplexes and Engineering and Management 78°26'56.5"E Airport Colleges © 2019 Jones Lang LaSalle IP, Inc. All rights reserved. 7 Photographs of the Site Main Entrance to the Subject Site View of the Subject Site View of the Subject Site View Point at the end of the Subject Site Existing road to the Subject Site © 2019 Jones Lang LaSalle IP, Inc. All rights reserved. 8 Site 2: Bachupally, Hyderabad Property Details Micro Market Development Hill County, Praneeth Pranav Zenith, Total Land Area 98.22 Acres Pranav Antilia, Hi Rise PVR Meadows, GMR Villas, ARK Towers, Divya Sree Residential IDA Bollaram Shakti, Green Avenues, Vazhraa Micro Market PBD North West Pushpak, Aditya Lagoon, Thiru Sankalp, Pranit Happy Homes, Vertex Villas etc. 100 ft Hill County Road Abutting 100 feet road Oakridge International School, Ambitus which connects to School, Silver Oaks International School, Access Nizampet road and Spring Board International School, Subject Site Gandimaisamma Road Educational Gokaraju Rangaraju Institute of Institutions Engineering & Technology, Vignana Hill County Jyothi Institute Of Management, BVRIT Hyderabad College of Engineering for 68.89 acres - Title with Women HCPL Ownership 29.33 acres - Proximity to Distance (Kms) Travel Time Development Agreement HITEC City 10.0 30 Min entered between HCPL Gachibowli 17.0 40 Min Highlights and the land owners • Location has high demand for affordable and mid segment residential units Phoenix Trivium 8.0 20 Min Zone Multipurpose • Easy connectivity to IT Corridor in Western Hyderabad and CBD due to close proximity Rajiv Gandhi to Outer Ring Road, Metro Rail and access to public transport. 17°31'47.1"N International 41.0 66 Min Coordinates • Area is known for well reputed schools like Oakridge, Ambitus, Silver Oaks, Spring 78°22'28.1"E Airport Board and Engineering Colleges etc. © 2019 Jones Lang LaSalle IP, Inc. All rights reserved. 9 Photographs of the Site View of the Subject Site View of the Subject Site Existing 100’ Road Access Existing 100’ Road Access © 2019 Jones Lang LaSalle IP, Inc. All rights reserved. 10 Site 3: Gopanpally, Hyderabad Micro Market Development Property Details 40 ft Road Tudor Ken, Muppa’s Indraprastha, The 40 ft Road Perch Mega Meadows, Aakriti Arv viva, Total Land 39.38 Acres Tripura Meadows, Vision Urjith, Area Greendale Villas, Mayfair Villas, Infiniti Homes, Aparna Cyber County, Vajra Residential Subject Site Aster Homes, Honer Vivantis, Manjeera Micro Market PBD West ORR Purple Town Villas, Muppa Green Grandeur, Ozone Heights, Indus Crest, Aakriti CRR Lakeside, Aliens Space Access Abutting 40 feet road Station, Blossom Heights etc IBS, Samashti International School, The Gadium School, Birla Open Minds Total land is under Joint Educational International School, Manthan Development Institutions International School, Blue Blocks Ownership Agreement between Complete School, Kinder Crest, HCPL and the land Bachpan Play School etc owners Proximity to Distance (Kms) Travel Time HITEC City 20.0 40 Min Zone Multipurpose Financial 11.0 20 Min ORR District 17°26'01.2"N Rajiv Gandhi Coordinates International 35.0 40 Min Highlights 78 16'30.3"E ° Airport • Location is well known for villa projects • Very close to Financial District and upcoming IT destinations like Tellapur and Kollur • Close proximity to Outer Ring Road © 2019 Jones Lang LaSalle IP, Inc. All rights reserved. 11 Photographs of the Site View of the Subject Site View of open Minds School from the Subject Site Second Entry to the Site Proposed 100’ Road © 2019 Jones Lang LaSalle IP, Inc. All rights reserved. 12 Hyderabad Micro Markets PBD – Western Corridor PBD – East, North & South Madhapur, HITEC city, Gachibowli North - Genome Valley, Shameerpet, Medchal & Nanakramguda, Financial District, Kompally 1 Kondapur, Kukatpally, Raidurg, Manikonda, Tellapur, Gopanpally, Kollur East - Pocharam, Nacharam and Uppal, Tarnaka, LB 2 etc Nagar, Dilsukhnagar PBD North NH 65 Major Developments: IT Corridor: IT Parks, South – Shamshabad, Maheshwaram & Tukkuguda 3 NH 44 IT SEZ, IT Campuses and Financial District Major Developments: Alexandria Biotech Park, BITS NH 65 Pilani Campus in the North; International Airport, Key Demand Drivers: IT & Residential Fabcity, Hardware Park in the South; Research PBD West CBD PBD East Institutes- IICT, NGRI, SEZ Projects (NSL & Raheja), SBD Infosys Campus in the East; PBD NH 163 East CBD Panjagutta, Secunderabad, Begumpet, Key Demand Drivers: IT, Education & Residential, NH 44 Ameerpet, Abids, Koti, Somajiguda, Ware Housing East & West Marredpally. NH 65 SBD PBD South Major Developments: CBD is an Banjara Hills and Jubilee Hills NH 44 established employment hub with a large number of Non-IT companies. Major Developments: Central zone comprises of There is limited land availability in the most prime locations in the city such as Banjara region and hence the development is Hills and Jubilee Hills. These locations comprise NH 44 saturated. of large number of HNI population with high disposable income 1 Maisammaguda Key Demand Drivers: Residential & Retail Key Demand Drivers: Residential, High Street • PBD – Peripheral Business District 2 Bachupally Retail and Office Space • SBD – Secondary Business District • CBD – Central Business District 3 Gopanpally © 2019 Jones Lang LaSalle IP, Inc. All rights reserved. 13 Hyderabad – A Thriving Capital City Foreign Investments in Hyderabad RE Major Office Space Occupiers Premium Brands entry in to Hyderabad “With big-ticket investments fuelling Hyderabad’s real estate sector, land prices in the city have seen an exponential rise in recent times — some areas registering a 100% escalation including areas upcoming IT destinations like Kollur and Tellapur. On the other side of the city, it’s Uppal, Kompally and Medchal that are grabbing eyeballs with massive jump in land prices, courtesy better connectivity, new infrastructure projects and investment friendly policies of Source: Telangana State Department of Economic