Godrej Properties Limited

rs,

properties.com CIN:L74120MH1985PLC035308 February 04, 2021 BSELimited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai -400 001 National Stock Exchange of India Limited Exchange Plaza, Plot No.

5 billion

3 | GODREJ PROPERTIES I RESULTS PRESENTATION Q3 FY21 GODREJ GROUP • • • Established in 1897 $5 billion in annual revenue 1.1 billion people globally use a Godrej product 1 2 • Godrej ranks amongst th

1.1 billion

LTS PRESENTATION Q3 FY21 GODREJ GROUP • • • Established in 1897 $5 billion in annual revenue 1.1 billion people globally use a Godrej product 1 2 • Godrej ranks amongst the most trusted Indian brands •

2.4 billion

lobally use a Godrej product 1 2 • Godrej ranks amongst the most trusted Indian brands • • • $2.4 billion brand valuation by Interbrand 3 Amongst India’s most diversified and trusted conglomerates Real

15%

Products Godrej Industries 19 year CAGR in stock price ` 1 invested in June 2001 is now worth 15% 29% 29% 14 149 143 Note: CAGR calculated for opening prices as of 18 June, 2001 when GCPL and

29%

cts Godrej Industries 19 year CAGR in stock price ` 1 invested in June 2001 is now worth 15% 29% 29% 14 149 143 Note: CAGR calculated for opening prices as of 18 June, 2001 when GCPL and GIL

21 million

st publicly listed developer by booking value over the past five years • Successfully delivered ~21 million sq. ft. of real estate in the past five years • ~186 million sq. ft. of saleable area across Ind

186 million

ve years • Successfully delivered ~21 million sq. ft. of real estate in the past five years • ~186 million sq. ft. of saleable area across India • Differentiated asset-light business model • Over 250 awar

78 million

rojects • Capital efficient and high ROE development model •• • • • • • Added 35 projects with ~78 million sq. ft. saleable area since FY2018 Access to Group’s land bank across India (e.g. Vikhroli) India’

10x

NTATION Q3 FY21 STOCK PERFORMANCE An investment into GPL’s IPO would be worth ~ 10x an identical investment into the BSE Realty Index Value Creation Track Record Particulars BSE S

9.5%

rties BSE Realty Index 11 year CAGR in stock price ` 1 invested in January 2010 is now worth 9.5% 18.1% -3.9% 2.73 6.21 0.65 Note: CAGR calculated for prices as on 04 January, 2010 (the date

18.1%

BSE Realty Index 11 year CAGR in stock price ` 1 invested in January 2010 is now worth 9.5% 18.1% -3.9% 2.73 6.21 0.65 Note: CAGR calculated for prices as on 04 January, 2010 (the date of GPL’

“ft.) 2,395,688 1,583,124 51% 1,728,995 39% 6,636,971 5,189,054 28% Booking Value (INR Cr) 1,488 1,189 25% 1,074 38% 4,093 3,532 16% Strong response to new project/phase launches Godrej Green Cove, Pune Godrej Retreat, NCR The Highlands, Panvel • Launched in November 2020 • Total sales stood at 522,048 sq.”

“Includes cancellations in certain projects 11 | GODREJ PROPERTIES I RESULTS PRESENTATION Q3 FY21 PROJECT BOOKING (Contd.) Particulars Commercial Projects Godrej BKC, MMR Godrej Eternia, Chandigarh Godrej Genesis, Kolkata Total Grand Total Booking Area (sq.”

“in Q3 FY21 Sarjapur, Bangalore • The project is an outright purchase of land in Sarjapur, Bangalore which has established itself as one of the most preferred residential locations with good connectivity to the Outer Ring Road and several other key hubs of Bangalore • Spread across approximately 15 acres, this project will offer approximately 1.6 million sq.”

“of saleable area comprising of residential apartments of various configurations • It is a 100% owned project Whitefield, Bangalore • The project is an outright purchase of land in Whitefield, Bangalore which is the largest commercial and residential real estate micro market in Bangalore and the land is situated near the proposed metro line connecting Whitefield to Hopefarm Junction • Spread across approximately 18 acres, this project will offer approximately 2.5 million sq.”

“This is the first project from India getting registered on the VCS platform.”

“• In NCR, the children are supported remotely with weekly physical meetings, medical check-ups and providing nutrition and education support Voluntary Carbon Sequestration Integrated Decentralized Solid Waste Management Project in Odisha Success on BOCW worker registrations Early childhood development centres for children of construction workers Recognition to Prior Learning Trainings • Online training provided with handholding and mentoring support to daily wage workers in Maharashtra.”

“57% (GPL) Profit Share - 58% 100% owned project 100% owned project DM Fee - 11% of Revenue DM Fee - 13% of Revenue Profit Share - 40% Profit Sharing - 49% Share in project specific company 11.09%, Development manager fee Rs 162/sq.”

“in Q3 FY21 Sarjapur, Bangalore  The project is an outright purchase of land in Sarjapur, Bangalore which has established itself as one of the most preferred residential locations with good connectivity to the Outer Ring Road and several other key hubs of Bangalore  Spread across 15 acres, this project will offer approximately 1.6 million sq.”

“of saleable area comprising of residential apartments of various configurations  It is a 100% owned project Whitefield, Bangalore  The project is an outright purchase of land in Whitefield, Bangalore which is the largest commercial and residential real estate micro market in Bangalore and the land is situated near the proposed metro line connecting Whitefield to Hopefarm Junction  Spread across approximately 18 acres, this project will offer approximately 2.5 million sq.”

“of saleable area comprising of residential apartments of various configurations  It is a 100% owned project and 5.4% area share to landlord Other Highlights  Delivered ~1.3 million sq.”

Legends

1

GPL Economic Interest

1

CORPORATE HIGHLIGHTS

1

About Godrej Properties Limited

1

For further information please contact

1

DISCLAIMER

1

Legends

Total Saleable Area (million sq. ft.): ~186 No. of Projects: 84 (As on December 31 2020) st STRENGTHS • 1.1 billion people globally use a Godrej product 1 Godrej Brand • Godrej Properties ranked as the most trusted real estate brand in the 2019 Brand Trust Report • GPL brings the Godrej brand’s reputation for trust, quality and corporate governance to the real estate sector Effective Land Sourcing Model Strong Project Pipeline Sales and Execution Capability Access to Capital • Competitive advantage in executing joint development projects • Capital efficient and high ROE development model •• • • • • • Added 35 projects with ~78 million sq. ft. saleable area since FY2018 Access to Group’s land bank across India (e.g. Vikhroli) India’s largest publicly listed developer by booking value over the past five years Successfully delivered ~21 million sq. ft. of real estate in the past five years Confidence of capital markets demonstrated by sector leading stock performance since IPO Lowest bank

GPL Economic Interest

Profit Sharing - 50% GPL Economic Interest: Revenue Based - 65% (GPL owns 25.1% of equity in the project specific company) 16 | GODREJ PROPERTIES I RESULTS PRESENTATION Q3 FY21 GLOBAL RECOGNITION FOR SUSTAINABILITY INITIATIVES Ranked #1 globally amongst listed residential developers by GRESB (Global Real Estate Sustainability Benchmark) - An industry-driven organization which assesses Environmental, Social and Governance (ESG) performance of real assets globally • GRESB is an industry-driven organization committed to rigorous and independent evaluation of the sustainability performance of real assets across the globe • GRESB data is used by more than 200 institutional investors, listed property companies and fund managers and is backed by all leading international real estate associations and industry bodies. It provides investors the tools to benchmark their investments against each other based on property type, country and regional peer groups • GRESB is widely recognized as the glob

CORPORATE HIGHLIGHTS

Sales Highlights  Q3 FY21 witnessed total booking value growth of 25% to INR 1,488 crore and total booking volume growth of 51% to 2.40 million sq. ft.  9M FY21 witnessed a total booking value of INR 4,093 crore and total booking volume of 6.64 million sq. ft. representing a growth of 16% in booking value and 28% in booking volume. Business Development Added 2 new projects with saleable area of ~4.1 million sq. ft. in Q3 FY21 Sarjapur, Bangalore  The project is an outright purchase of land in Sarjapur, Bangalore which has established itself as one of the most preferred residential locations with good connectivity to the Outer Ring Road and several other key hubs of Bangalore  Spread across 15 acres, this project will offer approximately 1.6 million sq. ft. of saleable area comprising of residential apartments of various configurations  It is a 100% owned project Whitefield, Bangalore  The project is an outright purchase of land in Whitefield, Bangalore which is the largest commer

About Godrej Properties Limited

Godrej Properties brings the Godrej Group philosophy of innovation, sustainability, and excellence to the real estate industry. Each Godrej Properties development combines a 123–year legacy of excellence and trust with a commitment to cutting edge design, technology, and sustainability. In recent years, Godrej Properties has received over 250 awards and recognitions, including the recognition by the Global Real Estate Sustainability Benchmark (GRESB) 2020 as the Real Estate Development Sector Leader Globally and in Asia for listed residential real estate, the Porter Prize 2019, The Most Trusted Real Estate Brand in the 2019 Brand Trust Report, Builder of the Year at the CNBC-Awaaz Real Estate Awards 2019, and The Economic Times Best Real Estate Brand 2018.

For further information please contact

Rajendra Khetawat Godrej Properties Limited Tel: +91 22 6169 8500 Fax: +91 22 6169 8888 Anoop Poojari CDR India Tel: +91 22 6645 1211 Fax: +91 22 6645 1213 Email: rajendra@godrejinds.com Email: anoop@cdr-india.com/

DISCLAIMER

Some of the statements in this communication may be ‘forward looking statements’ within the meaning of applicable laws and regulations. Actual results might differ substantially from those expressed or implied. Important developments that could affect the Company’s operations include changes in the industry structure, significant changes in political and economic environment in India and overseas, tax laws, import duties, litigation and labour relations.