200909 - Quarter 2

Status of Investor Complaints for the quarter ended September 30,
2009

Complaints Pending at
the beginning of the quarter		Nil

Complaints Received during
the quarter
				15

Complaints disposed off during the quarter 		       
15

Complaints unresolved
at the end of the quarter 		Nil

1. The above Unaudited Results
have been reviewed and
recommended by the Audit Committee at its meeting held on October 14,
2009 and thereafter approved
by the Board of Directors of the Company at its meeting held on
October 14, 2009. The results are
subject to limited review pursuant to clause 41 of the Listing
Agreement.

2. The Company is
entitled to unabsorbed business loss and allowances for the previous
years. The current tax
provision is on account of Minimum Alternative Tax u/s 115JB of the
Income-tax Act, 1961.

3.
Realty Segment:

Company has followed percent completion
method, as per Guidance Note on
Recognition of Revenue by Real Estate Developers by the ICAI. An
estimated profit upto percent of
work completed till September 30, 2009 is considered in this Segment.
Accordingly proportionate
cost and revenue in respect of transfer of ownership of flats sold
have been included in above
Quarterly Results.

4. The members at their 88th Annual General
Meeting held on September 30,
2008 have approved stock split (sub-division) of equity share of Rs.
10/- each into 10 Equity shares
of Re. 1/- each and the record date thereof was November 05,
2008.

5. The members at their
89th Annual General Meeting held on September 29, 2009, have approved
full & final Dividend of
Rs. 0.20 ps (@20%) on Equity share of Re. 1/- each.

6. Figures
have been re-grouped wherever
necessary.