NEOMALL, Bangalore - 1,273,000 SFT; >60% leased

City Capital Mall, Hyderabad (HiTech City) – 1,700,000 SFT; >60% leased

Mr. B.S.Nagesh, Vice Chairman, Shopper's Stop & Director, Marico Industries, with our Chairman Mr. Amit Bagaria, during his visit to Asipac Corporate Office.

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Mall leasing should be on carpet area, so it becomes easier to compare properties, budgets, mall sizes and trading densities.

CAM should be percentage of rent, so tenants who can afford higher rent pay higher operating cost also.

Our team members (we call them Asipals) have visited France, Spain, Singapore, South Africa, Brazil, Australia and Dubai on mall familiarization and business trips. They have also taken excursions to Thailand, Singapore, Malaysia and Goa.