Arvind SmartSpaces Limited

rs,

t November, 2023 BSE Limited Lis�ng Dept. / Dept. of Corporate Services, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001. Na�onal Stock Exchange of India Ltd. Lis�ng Dept., Exchange Plaza

Rs. 504 crore

ALES & COLLECTIONS Q2 & H1 FY24 HIGHLIGHTS - OPERATIONS ▪ Highest Ever Half Yearly Sales Value of Rs. 504 crore; YoY growth of 64% ▪ Highest Ever Quarterly Sales Value of Rs. 369 crore; YoY growth of 95% - ▪ A

64%

Y24 HIGHLIGHTS - OPERATIONS ▪ Highest Ever Half Yearly Sales Value of Rs. 504 crore; YoY growth of 64% ▪ Highest Ever Quarterly Sales Value of Rs. 369 crore; YoY growth of 95% - ▪ Acquired new high-ri

Rs. 369 crore

alf Yearly Sales Value of Rs. 504 crore; YoY growth of 64% ▪ Highest Ever Quarterly Sales Value of Rs. 369 crore; YoY growth of 95% - ▪ Acquired new high-rise project in Bengaluru with a top-line potential of ~

95%

504 crore; YoY growth of 64% ▪ Highest Ever Quarterly Sales Value of Rs. 369 crore; YoY growth of 95% - ▪ Acquired new high-rise project in Bengaluru with a top-line potential of ~Rs. 400 Cr* ▪ The

Rs. 400

; YoY growth of 95% - ▪ Acquired new high-rise project in Bengaluru with a top-line potential of ~Rs. 400 Cr* ▪ The project is spread across 4.3 acre and has a saleable area of 4.6 crossing Rs. 300 crore

Rs. 300 crore

of ~Rs. 400 Cr* ▪ The project is spread across 4.3 acre and has a saleable area of 4.6 crossing Rs. 300 crore quarterly milestone for the first time lakh sq. ft. ▪ Launched Uplands 2.0 & 3.0 in Adroda, Sout

Rs. 300

is under HDFC Platform 2. quarter, which received an outstanding response. Achieved sales of over Rs. 300 Cr in just 3 days - selling out the entire 1st phase inventory of about 4 mn sq ft ▪ Highest Ever

Rs. 467 crore

out the entire 1st phase inventory of about 4 mn sq ft ▪ Highest Ever Half Yearly Collections of Rs. 467 crore; YoY growth of 90% ▪ Highest Ever Quarterly Collections of Rs. 263 crore; YoY growth of 133% - Hi

90%

ventory of about 4 mn sq ft ▪ Highest Ever Half Yearly Collections of Rs. 467 crore; YoY growth of 90% ▪ Highest Ever Quarterly Collections of Rs. 263 crore; YoY growth of 133% - Highest ever quarterl

Rs. 263 crore

alf Yearly Collections of Rs. 467 crore; YoY growth of 90% ▪ Highest Ever Quarterly Collections of Rs. 263 crore; YoY growth of 133% - Highest ever quarterly collections for fourth successive quarter ▪ Reflect

133%

467 crore; YoY growth of 90% ▪ Highest Ever Quarterly Collections of Rs. 263 crore; YoY growth of 133% - Highest ever quarterly collections for fourth successive quarter ▪ Reflective of the strong op

“The project comprises a 1.2-kilometre-long Forest Trail/ Amenities include clubhouse, spa, swimming pool, skating rink, senior citizens’ sit out, outdoor gym, lily pond, barbeque station, kids play area, net cricket.”

“135 cr Information Update I Q2 & H1 FY24 I 20 PROJECTS IN PINELINE DODDABALLAPURA ROAD, BANGALORE (UPCOMING) DODDABALLAPURA ROAD, PLOTTED DEVELOPMENT PROJECT 46.5 Acres LAND AREA ~1.1 Mn Sq ft INDICATIVE SALEABLE AREA 435 Cr INDICATIVE TOPLINE HDFC PLATFORM-2 ARVIND’s INVST 33% This would be ASL’s 9th project and second plotted development in Bangalore.”

“▪ This Location enjoys excellent Infrastructure connectivity which will be further enhanced by the upcoming Metro.”

“(Source: Various Bangalore real estate report) Information Update I Q2 & H1 FY24 I 21 PROJECTS IN PINELINE UPLANDS 2.0 & 3.0 PHASE 2, SOUTH AHMEDABAD (UPCOMING) Ahmedabad, HORIZONTAL MULTIUSE TOWNSHIP 114 Acres LAND AREA ~4.8 Mn Sq ft INDICATIVE SALEABLE AREA 540 Cr INDICATIVE TOPLINE 55% Revenue Share This is a joint development project in South Ahmedabad envisaged to be a multi-asset golf themed landmark township.”

“This would be ASL’s 18th project in Ahmedabad.”

“Information Update I Q2 & H1 FY24 I 22 PROJECTS IN PINELINE ARVIND GREATLANDS – REMAINING PHASE, BANGALORE (UNDER APPROVAL) DEVANAHALLI, PLOTTED DEVELOPMENT PROJECT 7 Acres LAND AREA 0.2 Mn Sq ft INDICATIVE SALEABLE AREA 65 Cr INDICATIVE TOPLINE 100% Owned The first and second phase of this project with a total saleable area of ~0.95 million sq.”

“This project marks ASL’s entry into plotted development in Bangalore.”

“▪ This Location enjoys excellent Infrastructure connectivity which will be further enhanced by the upcoming Metro.”

“This would be ASL’s 10th project and third plotted development in Bangalore.”

“▪ This Location enjoys excellent Infrastructure connectivity which will be further enhanced by the upcoming Metro.”

STRONG OCF TREND

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STRONG OCF TREND

(In ₹ Cr.) 160 111 85 89 29 -3 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Information Update I Q2 & H1 FY24 I 16 Particulars (Rs in Crs)FY23Q1 FY24Q2 FY24 H1 FY24Opening Balance5 27 6 27 Operating activitiesCollections600 204 263 467 Construction cost and other overheads(260) (60) (68) (128) Taxes(22) (1) (4) (4) Direct land cost/JDA and DM sharing(117) (34) (31) (64) Net Operating Cashflow (A)201 111 160 271 Financing ActivitiesFinance cost (Net)2 (1) (0) (2) Pref Issue / Equity22 - - - Loans/OCD - Drawdown/(Repayment) (Net)82 (62) (48) (110) Investments (Net)24 (33) (35) (68) Net Financial Cashflow (B)130 (96) (84) (179) Investing ActivitiesLand Payments & Approvals(308) (36) (57) (93) Net Investing Cashflow (C)(308) (36) (57) (93) Total Net Cashflow (D= A+B+C)27 6 26 26 PROJECT PORTFOLIO ▪ COMPLETED PROJECTS ▪ PROJECTS UNDER EXECUTION ▪ PROJECTS IN PIPELINE ▪ SYNOPSIS Information Update I Q2 & H1 FY24 I Information Update I Q2 & H1 FY24 I 17 17 COMPLETED PROJECTS PROJECT PORTFO

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PROJECT PROFILE IN DETAIL ▪ OVERVIEW ▪ PROJECT DETAILS Information Update I Q2 & H1 FY24 I Information Update I Q2 & H1 FY24 I 61 61 PROJECT// NASMED VILLAGE, GANDHI NAGAR UPLANDS Premium Golf Based Township 189 Villas Phase I, 54 Villas Phase II Overall 56 Lakh Sq. Ft. Deal Structure: JOINT DEVELOPMENT Architect: WOODS BAGOT AMENITIES Information Update I Q2 & H1 FY24 I 62 PROJECT// NASMED VILLAGE, GANDHI NAGAR UPLANDS Information Update I Q2 & H1 FY24 I 63 PROJECT// NASMED VILLAGE, GANDHI NAGAR UPLANDS CLUBHOUSE Information Update I Q2 & H1 FY24 I 64 PROJECT// JAKKUR ROAD, SHIVANAHALII, Bangalore SKYLANDS High Rise Residential Apartments 417 Units – 4.9 Lakh Sq. Ft. Deal Structure: OUTRIGHT PURCHASE Architect: APURVA AMIN AMENITIES Information Update I Q2 & H1 FY24 I 65 PROJECT// JAKKUR ROAD, SHIVANAHALII, Bangalore SKYLANDS Information Update I Q2 & H1 FY24 I 66 PROJECT// NARODA ROAD, AHMEDABAD AAVISHKAAR Affordable Residential Apartments 574 Units – 5.5 Lakh Sq. Ft. Deal Structure: