We own 51% interest in our Subsidiary, Vital Construction Private Limited, which is developing ‘BPTP ‘i’ Park’, an IT park located on NH-8 in Gurgaon, and the remaining 49% shareholding interest in this Subsidiary is owned by Merrill Lynch International. We expect to complete construction of this project by the end of Fiscal 2010. The project is located close to the New Delhi international airport, has large floor plates with wide column spans and high floor-to-floor clearances, and is equipped with high speed escalators, service lifts and 100% power backup. This IT park is expected to have a Saleable Area upon completion of approximately 0.32 million sq ft and a three-tier parking. This project has been designed by Benoy Architects (Hong Kong).
