SALE OF PROPERTIES OF SAHARA GROUP INFORMATION DOSSIER Strictly Private & Confidential Presented by SBI CAPITAL MARKETS LIMITED May, 2016 1 IMPORTANT NOTICE This Information Dossier contains proprietary and confidential information regarding Sahara Group Properties (hereinafter referred to as “Properties”) and it has been prepared by SBI Capital Markets Ltd. (“SBICAPS” or the “Consultant”) on the basis of records/information provided by Sahara Group/SEBI. The Information Dossier is being furnished by SBICAPS to parties who may be interested in bidding and purchasing the Properties (hereinafter referred to as “potential bidder”). The sole purpose of this Information Dossier is to assist the recipient in deciding on their bidding strategy for the purchase of Properties on an „as is where is‟ basis and „whatever there is‟ basis. Accordingly, neither SBICAPS nor any of its directors, officers, agents, employees or advisers take any responsibility for, or will accept any liability whether direct or indirect, express or implied, contractual, tortuous, statutory or otherwise, in respect of, the accuracy, completeness, authenticity, correctness and fairness of the information or for any of the opinions contained in the Information Dossier or for any errors or omissions or for any loss/damage be it tangible or intangible, howsoever arising, from the use of this Information Dossier . The Properties are being sold with all the existing and future encumbrances whether known or unknown to SBICAPS. SBCIAPS shall not be responsible in any way for any third party claims/rights/dues etc. The potential bidders are advised to make their own independent enquiries regarding the land use, encumbrances, litigations, attachments, acquisition, title or liabilities on the Properties put on auction and claims/rights/dues, etc. in respect of the Properties, from the local municipal authority, Development Authority, Improvement Trust or any other Municipal Body and also from the office of the collector, Office of the Registrar of Stamps and Assurances and any other such record keeping agencies, prior to submission of bids. Maps provided in the Information Dossier are indicative. Figures have been rounded off to 2 decimal places. Each potential bidder must conduct its own analysis of the information contained in the Information Dossier and is advised to carry out its own investigation in relation to Properties. 2 IMPORTANT NOTICE This Information Dossier has been provided to interested parties for information purposes only, without any regard to specific objectives, suitability, financial situations and needs of any particular person. This Information Dossier does not solicit any action based on the material contained herein and is made available upon the express understanding that such parties will use it only for the purpose set forth above. The Information Dossier is being made available on the condition that the recipient agrees to, and will, keep confidential any information contained herein or any written or oral information made available separately in connection with the Information Dossier , and that the recipient will delete all such material (including this Information Dossier) as may be received from SBICAP upon completion of the bidding/auction process. This Information Dossier may not be all inclusive and may not contain all of the information that the recipient may consider material. This Information Dossier and information contained herein or any part of it does not constitute or purport to constitute investment advice in publicly accessible media and should not be reproduced, transmitted, sold, distributed or published by the recipient without the prior written approval from SBICAP. 3 BACKGROUND • Pursuant to Hon'ble Supreme Court's Judgment dated 31.08.2012 and order dated 29.03.2016 passed in Conmt.Pet (C) No.412 & 413/2012 in C.A. No.9813 & 9833/with Contempt Petition (C) No.260/2013 in C.A. No. 8643/2012, 2011, in the matter of Securities And Exchange Board Of India Vs. Sahara India Real Estate Corporation Ltd. & Ors, SBI Capital Markets Ltd (“SBICAPS”) (hereinafter referred to as "the Agency") has been engaged by Securities And Exchange Board Of India (hereinafter referred to as "the Seller") to assist it for sale of the properties of the Sahara Group (hereinafter referred to "the Saharas") mentioned herein, through e-auction platform on "as is where is and whatever there is" basis. The sale will be conducted under supervision of Justice B N Agarwal (Retd.). • The land parcels shall be available for sale through e-auction whose date will be declared though a public NOTICE for AUCTION advertisement to be placed in both national and regional newspapers. • The interested bidders who require assistance in creating Login ID & Password, uploading data, submitting Bid Documents, Training/ Demonstration on Online Inter-se Bidding etc., may contact Vice President, SBI Capital Markets Limited, 5th Floor, World Trade Tower, Barakhamba Lane, New Delhi-01, Help Line No. 011-2348 5310, 011-2348 5327 Help Line e-mail ID: [email protected]. INDEX Particulars Area Slide No. Particulars Area Slide No. Properties at a glance - 6 16. Lucknow 14.67 acres - 52 1. Kanpur 103.95 acres - 7 17. Coimbatore 12.28 acres - 55 2. Vadodara 120.60 acres - 10 18. Alwar 36.77 acres - 58 3. Greater Noida 62.02 acres - 13 19. Darbhanga 66.15 acres - 61 4. Muzaffarnagar 212.51 acres - 16 20. Berhampur 40.97 acres - 64 5. Patna 65.28 acres - 19 21. Firozabad 30.56 acres - 67 6. Katni 99.39 acres - 22 22. Bhubaneshwar 65.43 acres - 70 7. Haridwar 82.93 acres - 25 23. Vellore 69.99 acres - 73 8. Porbandar 98.63 acres - 28 24. Bikaner-I 59.77 acres - 76 9. Gwalior 161.18 acres - 31 25. Muzaffarpur 57.68 acres - 78 10. Siliguri 95.54 acres - 34 26. Pondicherry 43.13 acres - 81 11. Amritsar 87.84 acres - 37 27. Durgapur 18.06 acres - 84 12. Ajmer 97.17 acres - 40 28. Bikaner-II 16.97 acres - 87 13. Rewa 58.45 acres - 43 29. Shahjahanpur 76.96 acres - 90 14. Faizabad 91.84 acres - 46 30. Sitapur 39.34 acres - 93 15. Jabalpur 99.40 acres - 49 PROPERTIES AT A GLANCE 6 1. KANPUR Particulars Description Location Kanpur Land located at Village – Naramau Kachhar, Naramau Bangar, Bairi Akbarpur Kachhar Brief description and Singhpur Kachhar, Tehsil and District – Kanpur Nagar (Uttar Pradesh) Area 103.95 Acres Freehold / Leasehold Freehold Land Type / Land Use Residential, Green Zone The property is jointly owned by 1) Jayanti Development & Reality Pvt. Limited 2) Jeevan Development & Reality Pvt. Limited 3) Sahara India Commercial Corporation Limited/ Sahara Prime City Limited 4) Pallava Development & Reality Pvt. Limited 5) Naresha Reality & Development Pvt. Limited Name of Owners 6) Akhilesh City Homes Reality & Dev. Pvt. Limited 7) Alcina City Homes Estate & Dev. Pvt. Limited 8) Alok City Homes Shelters Pvt. Limited 9) Alvina City Homes Estate & Reality Pvt. Limited 10) Amaresha City Homes Reality & Development Pvt. Limited 11) Ambuja City Homes Shelter Pvt. Limited 12) Bankim Estate & Investment Pvt. Ltd. 7 1. KANPUR (contd.) Particulars Description Est. Market Value Rs. 458 Crore as per valuation report dated November 5, 2013 submitted by Sahara Valuer All civic amenities approachable from property and is located within 4-5 kms of Approachability subject property. Approachable by road from Kanpur railway station and other locations of prominence. Land under any Town Land under consideration falls in jurisdiction of Kanpur Development Authority and as per Planning Scheme? the latest master plan it falls in the residential zone. North – Others land, South – National Sugar Institute Boundaries East – Others land, West – NH-91 Major portion of land parcels are continuous in nature and some portions are located a little away from them. Other features of Very few land parcels in the vicinity of the subject property are available for sale and property they are also of small sizes. Property has main access from the National Highway-91 (Kanpur-Delhi, G.T. Road). Village Name Area (in acres) Area Type Naramau Bangar 17.81 Residential Village-wise land Naramau Kachhar 72.76 Residential, Green Zone breakup Singhpur Kachhar 9.50 Residential, Green Zone Bairi Akbarpur Kachhar 3.89 Residential, Green Zone TOTAL 103.95 8 9 2. VADODARA Particulars Description Location Vadodara Brief description Village – Jesangpura and Sikandpura, Tehsil -Waghodia , District - Vadodara Area 120.60 acres Freehold / Leasehold Freehold Land Type / Land Use Residential Name of Owners Sahara Prime City Limited / Sahara India Commercial Corporation Limited Est. Market Value Rs. 391.95 Crore as per valuation report dated November 5, 2013 by Sahara Valuer All civic amenities are easily available and in range of 5-10 km. Land is well accessible by road being located on Main Ajwa Road having very well road Approachability connectivity. Railway station – 12 kms, City – 10 kms, Airport – 10 kms, Main Bus Stand – 17 kms Land under any Town The land falls under the limits of Vadodara Urban Development Authority. Planning Scheme? North – Village Darjipura and Harni South – Front Facing – Main Ajwa Road Boundaries East – Village Jesangpura West – Village Sikandarpura where Poddar School is located 10 2. VADODARA (contd.) Particulars Description The subject land is not developed but the land is demarcated and fenced with barbed wire and having direct approach / opening on highway. Other features of The said land is Residential in master plan of Vadodara. property Land is in mixed area. Near around development has started and one hospital and one college is already constructed. The company has requested for permission to built residential township. Village Name Area (in acres) Area Type Village-wise land Jaisinghpura 47.19 Residential breakup Sikanderpura 73.41 Residential TOTAL 120.60 11 12 3. GREATER NOIDA Particulars Description Location Greater Noida Land located at NH-91 Highway (Ghaziabad-Aligarh), Village Chhapraula, District – Brief description Gautam Budhha Nagar, Uttar Pradesh Area 62.02 acres Freehold / Leasehold Freehold Land Type / Land Use Buffer Zone The property is jointly owned by 1) Chiraayu Estate & Development Pvt Ltd.