Press Release - Gleed Final

Press Release

For immediate publishing

Sahara appoints Gleeds, International Management and Construction Consultant for Sahara City Homes Chain of Townships New Delhi, 19th November, 2008: Sahara appoints International Management and Construction Consultants Gleeds to provide consultancy and project management for the development of its Sahara City Homes brand of townships in 217 cities of India. Gleeds will provide specialized support to Sahara City Homes in the process of construction supply chain, Quality, Health and Safety management. Gleeds has over 120 years of experience in the building and construction industry and currently employs over 1200 people in 13 countries across 5 continents. Gleeds was amongst the many construction management companies of international repute which have been reviewed by Sahara Prime City Limited. The company was selected on the basis of their past records, quality of work and capability of handling mega projects. Sahara City Homes is a flagship real estate project of Sahara Prime City Limited, under which a chain of 217 townships each spread over 100 to 300 acres are planned to be developed across India. The air conditioned townships offers one to five bedrooms residential units in the category of high-rise and mid-rise apartments, independent row houses and independent bungalows. The townships are planned to provide a quality community living by offering amenities such as club and community center, hospital, shopping mall and multiplex, school, hotel and club, uninterrupted power and water supply, multilevel security, retirement home, local transport and Central park with playground equipped with floodlights. Essential services like Convenience Stores, Banking, and Postal services etc. will ensure convenience for the residents. A Service Center just a phone call away will take care of all Plumbing, Electrical Repair and Taxi requirements. A combination of AC and Non-AC buses would provide good commuting facilities. Each Sahara City Homes township is planned to have 55% - 60% of its total land area dedicated to greenery and open spaces with integrated landscaping. Development of the townships is taking place in phase wise manner. Sahara City Homes townships have already started taking shape with the development and construction in full swing in the cities of Lucknow, Nagpur, Indore, Ahmedabad, Gwalior and Coimbatore. Development work is under progress in the Sahara City Homes townships of Jaipur, Aurangabad, Solapur and Jodhpur. As an extra safety measure for maximum protection of life and property from Earthquake, every construction will be designed at 1 level higher than the applicable seismic zone as per the specifications of Bureau of Indian Standards. Announcing the tie up Sushanto Roy, Head – Sahara Prime City Limited said “This tie - up is another initiative towards our commitment of providing world class quality product to our costumers. Gleeds is a world renowned construction consultant and we are sure that this partnership will help in our endeavor of delivering international standard townships at Sahara City Homes in 217 cities of India.” Stuart Senior, Managing Partner at Gleeds Nottingham commented on the appointment, “We are extremely glad to be a part of these mega townships. We have been in the construction management industry for more than a century and we are confident that we will provide dedicated and focused services to Sahara City Homes.”

Sahara Real Estate Business Sahara Prime City Limited has developed residential projects which include townships, premium group housing projects, hospitals, hotels, to name a few. SPCL is also credited with the development of Aamby Valley City, near Mumbai. The flagship project of SPCL is ‘Sahara City Homes’, a chain of townships proposed to be developed across 217 cities in India. The other projects of SPCL are hotel ‘Sahara Star’ in Mumbai and ‘Sahara Hospital’, a tertiary care hospital in Lucknow. Other Real Estate projects of Sahara Group are : Residential Projects Completed Sahara States Township – Lucknow Sahara States Township – Hyderabad Sahara States Township – Bhopal Sahara States Township – Gorakhpur Shopping Malls & Hotel Completed Sahara Mall – Gurgaon Sahara Ganj – Lucknow Sahara Star – Mumbai

On Going Projects Sahara Grace – Gurgaon Sahara Grace – Lucknow Sahara Grace – Kochi

85.18 Acres 44.64 Acres 57.07 Acres 152.76 Acres 3 Lac 94 Thousand sq.ft. (Built up Area) 5 Lac 25 Thousand sq.ft. (Built up Area) 223 Guest Room, 9 Suites, 9 Specialty Restaurants & Bars, 3 Seminar Rooms & Presidential Board Rooms with a seating capacity for 77 individuals 11 Acres & no. of units 207 10 Acres & no. of units 448 15 Acres & no. of units 728

Gleeds - International Management and Construction Consultants Gleeds is a world class cost and project management consultancy with 120 years experience in the fields of construction, property and related industries. As such Gleeds offers clients extensive experience in a plethora of services and sectors. With 50 offices across Europe, Asia, Africa, Australia, the Middle East and the Americas and 1,500 dedicated staff, Gleeds is a truly global business that is structured to act and think locally.

For further details please contact: Ghulam Zeeshan Senior Manager Corporate Communications, Sahara India Pariwar Mobile: 9335235621 & 9838551997 Ph.: 0522 2304233