Indiabulls Real Estate Limited and Fama Real Estate Limited, a wholly-owned subsidiary of the Company has on May 24, 2024, acquired the following projects/assets/entities: Embassy Residency, a proposed high-rise residential development project spread over ~8.2 acres having a sale area of ~1.4 msf, in OMR Chennai, Tamil Nadu, India, through the purchase of RGE Constructions and Development Private Limited, by the Company from Embassy Property Developments Private Limited (EPDPL) pursuant to a securities purchase agreement (executed in furtherance of the binding term sheet), for cash consideration of approximately INR 1,195.5 million (after closing adjustments to the enterprise value of INR 1,205,00 million); Embassy Eden, a proposed residential villa development project spread over ~31.30 acre having a sale area of ~0.7 msf, in North Bengaluru, Karnataka, India, from EPDPL pursuant to an investment agreement (executed in furtherance of the binding term sheet), through the infusion of approximately INR 4,657.1 million capital in Sion Eden Developers (Sion), a partnership firm under the Indian Partnership Act, 1932 (after closing adjustments to the enterprise value of INR 4,657.0 million); and) Embassy East Avenue, a proposed residential development project spread over ~3.75 acre having a ~0.5 msf of sale area, in Whitefield, Bengaluru, Karnataka, India* through the purchase of Vigor Developments Private Limited (VDPL) by the Company from EPDPL pursuant to a share purchase agreement (executed in furtherance of the binding term sheet), for cash consideration of approximately INR 1,172.8 million (after closing adjustments to the enterprise value of INR 1,171.0 million).