Financial Results - REITs or InvITs

General information about REITs or InvITs

Scrip Code	543261
NSE Symbol	BIRET
MSEI Symbol	NOTLISTED
ISIN	INE0FDU25010
Name of Entity	BROOKFIELD INDIA REAL ESTATE TRUST
Class of security - REITs or INVITs	REITs
Date of start of financial year	01-04-2025
Date of end of financial year	31-03-2026
Date of board meeting when results were approved	29-01-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	26-01-2026
Description of presentation currency	INR
Level of rounding	Lakhs
Reporting Type	Quarterly
Reporting Quarter	Third quarter
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited for the quarter ended	Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Unaudited
Segment Reporting	Single segment
Description of single segment	Real Estate Activities
Start date and time of board meeting	29-01-2026 18:50:00
End date and time of board meeting	29-01-2026 19:45:00
Whether cash flow statement is applicable on company
Type of cash flow statement
NDCF applicability	SPVs & Trust
Declaration of unmodified opinion or statement on impact of audit qualification	Not applicable

Financial Results Ind-AS

Amount in (Lakhs)

Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-10-2025	01-04-2025
B	Date of end of reporting period	31-12-2025	31-12-2025
C	Whether results are audited or unaudited	Unaudited	Unaudited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
1	Income
(a)	Revenue from operations	69,043.70	2,00,268.50
(b)	Other income
1	Other income	3,747.00	7,276.40
	Total other income	3,747.00	7,276.40
	Total income	72,790.70	2,07,544.90
2	Expenses
(a)	Cost of materials consumed	255.90	739.10
(b)	Purchases of stock-in-trade	0.00	0.00
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	0.00	0.00
(d)	Employee benefit expense	764.70	2,207.40
(e)	Finance costs	21,237.00	61,934.10
(f)	Depreciation, depletion and amortisation expense	11,277.30	32,445.10
(g)	Other Expenses
1	Other Expenses	17,750.00	52,840.00
	Total other expenses	17,750.00	52,840.00
	Total expenses	51,284.90	1,50,165.70
3	Total profit/(loss) before exceptional items and tax	21,505.80	57,379.20
4	Exceptional items	0.00	0.00
5	Total profit/(loss) before tax	21,505.80	57,379.20
6	Tax expense
7	Current tax	(1,620.10)	436.80
8	Deferred tax	1,820.30	4,776.50
9	Total tax expenses	200.20	5,213.30
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0.00	0.00
11	Net Profit Loss for the period from continuing operations	21,305.60	52,165.90
12	Profit (loss) from discontinued operations before tax	0.00	0.00
13	Tax expense of discontinued operations	0.00	0.00
14	Net profit (loss) from discontinued operation after tax	0.00	0.00
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	(1,183.50)	(3,875.80)
16	Total profit (loss) for period	20,122.10	48,290.10
17	Other comprehensive income net of taxes	3.70	20.10
18	Total Comprehensive Income for the period	20,125.80	48,310.20
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	18,032.20	44,434.10
	Total profit or loss, attributable to non-controlling interests	2,089.90	3,856.00
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	18,035.90	44,454.20
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	2,089.90	3,856.00
21	Details of unit capital
	Paid-up unit capital	20,81,213.20	20,81,213.20
22	Earnings per unit
i	Earnings per unit capital for continuing operations
	Basic earnings (loss) per unit from continuing operations	2.71	7.05
	Diluted earnings (loss) per unit from continuing operations	2.71	7.05
ii	Earnings per unit capital for discontinued operations
	Basic earnings (loss) per unit from discontinued operations	0	0
	Diluted earnings (loss) per unit from discontinued operations	0	0
iii	Earnings per unit capital (for continuing and discontinued operations)
	Basic earnings (loss) per unit from continuing and discontinued operations	2.71	7.05
	Diluted earnings (loss) per unit from continuing and discontinued operations	2.71	7.05
23	Disclosure of notes on financial results	Textual Information(1)	Textual Information(2)

Disclosure of notes on financial results

Textual Information(1)	Unit capital represents - without netting of the repayment of capital during the period/quarter.

Disclosure of notes on financial results

Textual Information(2)	Unit capital represents - without netting of the repayment of capital during the period/quarter.

Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-10-2025	01-04-2025
Date of end of reporting period		31-12-2025	31-12-2025
Whether results are audited or unaudited		Unaudited	Unaudited
Nature of report standalone or consolidated		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
	Total Segment Revenue
	Less: Inter segment revenue
	Revenue from operations
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
	Total Profit before tax
	i. Finance cost
	ii. Other Unallocable Expenditure net off Unallocable income
	Profit before tax
3	(Segment Asset - Segment Liabilities)
	Segment Asset
	Total Segment Asset
	Un-allocable Assets
	Net Segment Asset
4	Segment Liabilities
	Segment Liabilities
	Total Segment Liabilities
	Un-allocable Liabilities
	Net Segment Liabilities
	Disclosure of notes on segments	Textual Information(1)	Textual Information(2)

Other Comprehensive Income

Amount in (Lakhs)

Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-10-2025	01-04-2025
B	Date of end of reporting period	31-12-2025	31-12-2025
C	Whether results are audited or unaudited	Unaudited	Unaudited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
	Total Amount of items that will not be reclassified to profit and loss
2	Income tax relating to items that will not be reclassified to profit or loss	(3.70)	(20.10)
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss
5	Total Other comprehensive income	3.70	20.10
	Disclosure of notes on other comprehensive income	Text Block(1)	Text Block(2)

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	Candor Gurgaon One Realty Projects Private Limited
B	Date of start of reporting period	01-10-2025
C	Date of end of reporting period	31-12-2025
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	8,618.30
1	Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
1	Cash Flows received from SPV’s which represent distributions of NDCF computed as per relevant framework (relevant in case of HoldCos)	0.00
f	Sum of other Cash flows not included above
	Details of other Cash flows not included above
Cash Flows received from SPV’s which represent distributions of NDCF computed as per relevant framework (relevant in case of HoldCos)
	Total (1)	0.00
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	85.50
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
e	Profit on sale of Investments	0.00
f	Profit on sale of Assets	0.00
g	Dividend Income	0.00
h	Sum of other income not included above	0.00
	Details of other income not included above

	Total (2)	85.50
3	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a	Applicable capital gains and other taxes	0.00
b	Related debts settled or due to be settled from sale proceeds	0.00
c	Directly attributable transaction costs	0.00
d	Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations	0.00
e	Sum of other sale proceeds not included above	0.00
	Details of other sale proceeds not included above

	Total (3)	0.00
4	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently	0.00
5	Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust	5,116.80
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust)	920.00
7	Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a	Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt	0.00
b	Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos	0.00
c	Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos	0.00
d	Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset	0.00
e	Statutory, judicial, regulatory, or governmental stipulations	0.00
f	Agreement entered for PPP projects	0.00
g	Agreement entered for non-PPP projects	0.00
	Total (7)	0.00
8	Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	2,667.00
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	Candor Kolkata One Hi-Tech Structures Private Limited
B	Date of start of reporting period	01-10-2025
C	Date of end of reporting period	31-12-2025
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	11,234.50
1	Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
1	Cash Flows received from SPV’s which represent distributions of NDCF computed as per relevant framework (relevant in case of HoldCos)	0.00
f	Sum of other Cash flows not included above
	Details of other Cash flows not included above
Cash Flows received from SPV’s which represent distributions of NDCF computed as per relevant framework (relevant in case of HoldCos)
	Total (1)	0.00
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	71.50
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	30.70
e	Profit on sale of Investments	0.00
f	Profit on sale of Assets	0.00
g	Dividend Income	0.00
h	Sum of other income not included above	0.00
	Details of other income not included above

	Total (2)	102.20
3	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a	Applicable capital gains and other taxes	0.00
b	Related debts settled or due to be settled from sale proceeds	0.00
c	Directly attributable transaction costs	0.00
d	Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations	0.00
e	Sum of other sale proceeds not included above	0.00
	Details of other sale proceeds not included above

	Total (3)	0.00
4	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently	0.00
5	Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust	4,420.10
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust)	0.00
7	Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a	Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt	0.00
b	Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos	0.00
c	Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos	0.00
d	Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset	0.00
e	Statutory, judicial, regulatory, or governmental stipulations	0.00
f	Agreement entered for PPP projects	0.00
g	Agreement entered for non-PPP projects	0.00
	Total (7)	0.00
8	Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	6,916.60
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	Shantiniketan Properties Private Limited
B	Date of start of reporting period	01-10-2025
C	Date of end of reporting period	31-12-2025
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	3,689.00
1	Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
1	Cash Flows received from SPV’s which represent distributions of NDCF computed as per relevant framework (relevant in case of HoldCos)	0.00
f	Sum of other Cash flows not included above
	Details of other Cash flows not included above
Cash Flows received from SPV’s which represent distributions of NDCF computed as per relevant framework (relevant in case of HoldCos)
	Total (1)	0.00
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	15.90
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	14.60
e	Profit on sale of Investments	0.00
f	Profit on sale of Assets	0.00
g	Dividend Income	0.00
h	Sum of other income not included above	66.00
	Details of other income not included above
Credit Facilitation income 6.60 Mn
	Total (2)	96.50
3	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a	Applicable capital gains and other taxes	0.00
b	Related debts settled or due to be settled from sale proceeds	0.00
c	Directly attributable transaction costs	0.00
d	Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations	0.00
e	Sum of other sale proceeds not included above	0.00
	Details of other sale proceeds not included above

	Total (3)	0.00
4	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently	0.00
5	Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust	777.70
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust)	0.00
7	Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a	Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt	0.00
b	Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos	0.00
c	Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos	0.00
d	Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset	0.00
e	Statutory, judicial, regulatory, or governmental stipulations	0.00
f	Agreement entered for PPP projects	0.00
g	Agreement entered for non-PPP projects	0.00
	Total (7)	0.00
8	Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	3,007.80
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	Seaview Developers Private Limited
B	Date of start of reporting period	01-10-2025
C	Date of end of reporting period	31-12-2025
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	6,270.30
1	Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
1	Cash Flows received from SPV’s which represent distributions of NDCF computed as per relevant framework (relevant in case of HoldCos)	0.00
f	Sum of other Cash flows not included above
	Details of other Cash flows not included above
Cash Flows received from SPV’s which represent distributions of NDCF computed as per relevant framework (relevant in case of HoldCos)
	Total (1)	0.00
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	24.00
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	10.30
e	Profit on sale of Investments	0.00
f	Profit on sale of Assets	0.00
g	Dividend Income	0.00
h	Sum of other income not included above	0.00
	Details of other income not included above

	Total (2)	34.30
3	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a	Applicable capital gains and other taxes	0.00
b	Related debts settled or due to be settled from sale proceeds	0.00
c	Directly attributable transaction costs	0.00
d	Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations	0.00
e	Sum of other sale proceeds not included above	0.00
	Details of other sale proceeds not included above

	Total (3)	0.00
4	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently	0.00
5	Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust	0.00
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust)	0.00
7	Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a	Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt	0.00
b	Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos	0.00
c	Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos	0.00
d	Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset	0.00
e	Statutory, judicial, regulatory, or governmental stipulations	0.00
f	Agreement entered for PPP projects	0.00
g	Agreement entered for non-PPP projects	0.00
	Total (7)	0.00
8	Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	6,304.60
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	Candor India Office Parks Private Limited
B	Date of start of reporting period	01-10-2025
C	Date of end of reporting period	31-12-2025
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	318.60
1	Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
1	Cash Flows received from SPV’s which represent distributions of NDCF computed as per relevant framework (relevant in case of HoldCos)	0.00
f	Sum of other Cash flows not included above
	Details of other Cash flows not included above
Cash Flows received from SPV’s which represent distributions of NDCF computed as per relevant framework (relevant in case of HoldCos)
	Total (1)	0.00
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	5.20
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	2.40
e	Profit on sale of Investments	0.00
f	Profit on sale of Assets	0.00
g	Dividend Income	0.00
h	Sum of other income not included above	0.00
	Details of other income not included above

	Total (2)	7.60
3	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a	Applicable capital gains and other taxes	0.00
b	Related debts settled or due to be settled from sale proceeds	0.00
c	Directly attributable transaction costs	0.00
d	Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations	0.00
e	Sum of other sale proceeds not included above	0.00
	Details of other sale proceeds not included above

	Total (3)	0.00
4	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently	0.00
5	Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust	0.00
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust)	0.00
7	Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a	Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt	0.00
b	Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos	0.00
c	Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos	0.00
d	Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset	0.00
e	Statutory, judicial, regulatory, or governmental stipulations	0.00
f	Agreement entered for PPP projects	0.00
g	Agreement entered for non-PPP projects	0.00
	Total (7)	0.00
8	Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years	56.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	270.20
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	Festus Properties Private Limited
B	Date of start of reporting period	01-10-2025
C	Date of end of reporting period	31-12-2025
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	5,542.40
1	Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
1	Cash Flows received from SPV’s which represent distributions of NDCF computed as per relevant framework (relevant in case of HoldCos)	0.00
f	Sum of other Cash flows not included above
	Details of other Cash flows not included above
Cash Flows received from SPV’s which represent distributions of NDCF computed as per relevant framework (relevant in case of HoldCos)
	Total (1)	0.00
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	33.80
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	10.10
e	Profit on sale of Investments	0.00
f	Profit on sale of Assets	0.00
g	Dividend Income	0.00
h	Sum of other income not included above	0.00
	Details of other income not included above

	Total (2)	43.90
3	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a	Applicable capital gains and other taxes	0.00
b	Related debts settled or due to be settled from sale proceeds	0.00
c	Directly attributable transaction costs	0.00
d	Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations	0.00
e	Sum of other sale proceeds not included above	0.00
	Details of other sale proceeds not included above

	Total (3)	0.00
4	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently	0.00
5	Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust	0.00
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust)	0.00
7	Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a	Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt	0.00
b	Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos	0.00
c	Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos	0.00
d	Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset	0.00
e	Statutory, judicial, regulatory, or governmental stipulations	0.00
f	Agreement entered for PPP projects	0.00
g	Agreement entered for non-PPP projects	0.00
	Total (7)	0.00
8	Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	5,586.30
	Notes:
10% of NDCF withheld in line with the Regulations in previous period- 71.58

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	Kairos Properties Private Limited
B	Date of start of reporting period	01-10-2025
C	Date of end of reporting period	31-12-2025
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	17,480.80
1	Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
1	Cash Flows received from SPV’s which represent distributions of NDCF computed as per relevant framework (relevant in case of HoldCos)	0.00
f	Sum of other Cash flows not included above
	Details of other Cash flows not included above
Cash Flows received from SPV’s which represent distributions of NDCF computed as per relevant framework (relevant in case of HoldCos)
	Total (1)	0.00
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	118.70
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
e	Profit on sale of Investments	0.00
f	Profit on sale of Assets	0.00
g	Dividend Income	0.00
h	Sum of other income not included above	0.00
	Details of other income not included above

	Total (2)	118.70
3	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a	Applicable capital gains and other taxes	0.00
b	Related debts settled or due to be settled from sale proceeds	0.00
c	Directly attributable transaction costs	0.00
d	Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations	0.00
e	Sum of other sale proceeds not included above	0.00
	Details of other sale proceeds not included above

	Total (3)	0.00
4	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently	0.00
5	Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust	6,516.00
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust)	4,655.80
7	Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a	Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt	0.10
b	Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos	0.00
c	Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos	0.00
d	Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset	0.00
e	Statutory, judicial, regulatory, or governmental stipulations	0.00
f	Agreement entered for PPP projects	0.00
g	Agreement entered for non-PPP projects	0.00
	Total (7)	0.10
8	Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	6,427.60
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	Mountainstar India Office Parks Private Limited
B	Date of start of reporting period	01-10-2025
C	Date of end of reporting period	31-12-2025
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	297.70
1	Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
1	Cash Flows received from SPV’s which represent distributions of NDCF computed as per relevant framework (relevant in case of HoldCos)	0.00
f	Sum of other Cash flows not included above
	Details of other Cash flows not included above
Cash Flows received from SPV’s which represent distributions of NDCF computed as per relevant framework (relevant in case of HoldCos)
	Total (1)	0.00
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	4.10
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	5.00
e	Profit on sale of Investments	0.00
f	Profit on sale of Assets	0.00
g	Dividend Income	0.00
h	Sum of other income not included above	0.00
	Details of other income not included above

	Total (2)	9.10
3	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a	Applicable capital gains and other taxes	0.00
b	Related debts settled or due to be settled from sale proceeds	0.00
c	Directly attributable transaction costs	0.00
d	Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations	0.00
e	Sum of other sale proceeds not included above	0.00
	Details of other sale proceeds not included above

	Total (3)	0.00
4	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently	0.00
5	Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust	0.00
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust)	0.00
7	Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a	Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt	0.00
b	Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos	0.00
c	Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos	0.00
d	Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset	0.00
e	Statutory, judicial, regulatory, or governmental stipulations	0.00
f	Agreement entered for PPP projects	0.00
g	Agreement entered for non-PPP projects	0.00
	Total (7)	0.00
8	Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	306.80
	Notes:
Surplus available on acquisition- 39.62

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	Arliga Ecoworld Business Parks Private Limited
B	Date of start of reporting period	01-10-2025
C	Date of end of reporting period	31-12-2025
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	6,295.60
1	Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
1	Cash Flows received from SPV’s which represent distributions of NDCF computed as per relevant framework (relevant in case of HoldCos)	0.00
f	Sum of other Cash flows not included above
	Details of other Cash flows not included above
Cash Flows received from SPV’s which represent distributions of NDCF computed as per relevant framework (relevant in case of HoldCos)
	Total (1)	0.00
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	57.00
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
e	Profit on sale of Investments	0.00
f	Profit on sale of Assets	0.00
g	Dividend Income	0.00
h	Sum of other income not included above	0.00
	Details of other income not included above

	Total (2)	57.00
3	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a	Applicable capital gains and other taxes	0.00
b	Related debts settled or due to be settled from sale proceeds	0.00
c	Directly attributable transaction costs	0.00
d	Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations	0.00
e	Sum of other sale proceeds not included above	0.00
	Details of other sale proceeds not included above

	Total (3)	0.00
4	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently	0.00
5	Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust	1,029.40
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust)	10.40
7	Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a	Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt	0.00
b	Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos	0.00
c	Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos	0.00
d	Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset	0.00
e	Statutory, judicial, regulatory, or governmental stipulations	0.00
f	Agreement entered for PPP projects	0.00
g	Agreement entered for non-PPP projects	0.00
	Total (7)	0.00
8	Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years	40.40
	Net Distributable Cash Flow for HoldCo/SPV ' s	5,272.40
	Notes:
Surplus cash on account of maturity of deposits- 2.26

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	Rostrum Realty Private Limited
B	Date of start of reporting period	01-10-2025
C	Date of end of reporting period	31-12-2025
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	3,465.70
1	Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
1	Cash Flows received from SPV’s which represent distributions of NDCF computed as per relevant framework (relevant in case of HoldCos)	7,187.10
f	Sum of other Cash flows not included above
	Details of other Cash flows not included above
Cash Flows received from SPV’s which represent distributions of NDCF computed as per relevant framework (relevant in case of HoldCos)
	Total (1)	7,187.10
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	31.60
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	18.80
e	Profit on sale of Investments	0.00
f	Profit on sale of Assets	0.00
g	Dividend Income	0.00
h	Sum of other income not included above	121.00
	Details of other income not included above
CFF
	Total (2)	171.40
3	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a	Applicable capital gains and other taxes	0.00
b	Related debts settled or due to be settled from sale proceeds	0.00
c	Directly attributable transaction costs	0.00
d	Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations	0.00
e	Sum of other sale proceeds not included above	0.00
	Details of other sale proceeds not included above

	Total (3)	0.00
4	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently	0.00
5	Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust	3,072.80
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust)	77.50
7	Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a	Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt	1,138.40
b	Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos	0.00
c	Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos	0.00
d	Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset	0.00
e	Statutory, judicial, regulatory, or governmental stipulations	0.00
f	Agreement entered for PPP projects	0.00
g	Agreement entered for non-PPP projects	0.00
	Total (7)	1,138.40
8	Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	6,535.50
	Notes:
Surplus cash on account of maturity of deposits- 113.80

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	Oak Infrastructure Developers Private Limited
B	Date of start of reporting period	01-10-2025
C	Date of end of reporting period	31-12-2025
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	4,598.00
1	Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
1	Cash Flows received from SPV’s which represent distributions of NDCF computed as per relevant framework (relevant in case of HoldCos)	0.00
f	Sum of other Cash flows not included above
	Details of other Cash flows not included above
Cash Flows received from SPV’s which represent distributions of NDCF computed as per relevant framework (relevant in case of HoldCos)
	Total (1)	0.00
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	51.60
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	25.90
e	Profit on sale of Investments	0.00
f	Profit on sale of Assets	0.00
g	Dividend Income	0.00
h	Sum of other income not included above	3.40
	Details of other income not included above
CG Income and CFF Income
	Total (2)	80.90
3	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a	Applicable capital gains and other taxes	0.00
b	Related debts settled or due to be settled from sale proceeds	0.00
c	Directly attributable transaction costs	0.00
d	Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations	0.00
e	Sum of other sale proceeds not included above	0.00
	Details of other sale proceeds not included above

	Total (3)	0.00
4	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently	0.00
5	Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust	1,088.50
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust)	22.90
7	Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a	Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt	545.40
b	Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos	0.00
c	Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos	0.00
d	Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset	0.00
e	Statutory, judicial, regulatory, or governmental stipulations	0.00
f	Agreement entered for PPP projects	0.00
g	Agreement entered for non-PPP projects	0.00
	Total (7)	545.40
8	Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	3,022.10
	Notes:
Surplus cash on account of maturity of deposits- 67.49

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	Arnon Builders & Developers Private Limited
B	Date of start of reporting period	01-10-2025
C	Date of end of reporting period	31-12-2025
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	1,910.30
1	Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
1	Cash Flows received from SPV’s which represent distributions of NDCF computed as per relevant framework (relevant in case of HoldCos)	0.00
f	Sum of other Cash flows not included above
	Details of other Cash flows not included above
Cash Flows received from SPV’s which represent distributions of NDCF computed as per relevant framework (relevant in case of HoldCos)
	Total (1)	0.00
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	15.30
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	10.30
e	Profit on sale of Investments	0.00
f	Profit on sale of Assets	0.00
g	Dividend Income	0.00
h	Sum of other income not included above	322.50
	Details of other income not included above
CFF Income
	Total (2)	348.10
3	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a	Applicable capital gains and other taxes	0.00
b	Related debts settled or due to be settled from sale proceeds	0.00
c	Directly attributable transaction costs	0.00
d	Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations	0.00
e	Sum of other sale proceeds not included above	0.00
	Details of other sale proceeds not included above

	Total (3)	0.00
4	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently	0.00
5	Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust	1,193.90
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust)	38.90
7	Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a	Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt	488.00
b	Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos	0.00
c	Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos	0.00
d	Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset	0.00
e	Statutory, judicial, regulatory, or governmental stipulations	0.00
f	Agreement entered for PPP projects	0.00
g	Agreement entered for non-PPP projects	0.00
	Total (7)	488.00
8	Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	537.60
	Notes:
Surplus cash on account of maturity of deposits- 48.69

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	Aspen Buildtech Private Limited
B	Date of start of reporting period	01-10-2025
C	Date of end of reporting period	31-12-2025
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	3,504.20
1	Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
1	Cash Flows received from SPV’s which represent distributions of NDCF computed as per relevant framework (relevant in case of HoldCos)	0.00
f	Sum of other Cash flows not included above
	Details of other Cash flows not included above
Cash Flows received from SPV’s which represent distributions of NDCF computed as per relevant framework (relevant in case of HoldCos)
	Total (1)	0.00
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	151.60
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	20.40
e	Profit on sale of Investments	0.00
f	Profit on sale of Assets	0.00
g	Dividend Income	0.00
h	Sum of other income not included above	7.20
	Details of other income not included above
CG income
	Total (2)	179.20
3	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a	Applicable capital gains and other taxes	0.00
b	Related debts settled or due to be settled from sale proceeds	0.00
c	Directly attributable transaction costs	0.00
d	Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations	0.00
e	Sum of other sale proceeds not included above	0.00
	Details of other sale proceeds not included above

	Total (3)	0.00
4	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently	0.00
5	Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust	1,253.90
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust)	26.40
7	Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a	Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt	569.90
b	Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos	0.00
c	Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos	0.00
d	Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset	0.00
e	Statutory, judicial, regulatory, or governmental stipulations	0.00
f	Agreement entered for PPP projects	0.00
g	Agreement entered for non-PPP projects	0.00
	Total (7)	569.90
8	Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	1,833.20
	Notes:
Surplus cash on account of maturity of deposits- 66.41

Statement of Net Distributable Cash Flows (NDCF) - Trust

Amount in (Lakhs)


A	Name of Project	Brookfield India Real Estate Trust
B	Date of start of reporting period	01-10-2025
C	Date of end of reporting period	31-12-2025
Sr.	Particulars	Amount
	Cashflows from operating activities of the Trust	(1,574.60)
1	Add: Cash Flows received from SPV's / Investment entities which represent distributions of NDCF computed as per relevant framework
1	Cash flows received from SPV’s / Investment entities which represent distributions of NDCF computed as per relevant framework	41,389.50
f	Sum of other Cash flows not included above	0.00
	Details of other Cash flows not included above


	Total (1)	41,389.50
2	Add: Treasury income / income from investing activities of the Trust
a	Interest income received from FD	2,270.70
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
e	Profit on sale of Investments	0.00
f	Profit on sale of Assets	0.00
g	Dividend Income	0.00
h	Sum of other income not included above	0.00
	Details of other income not included above

	Total (2)	2,270.70
3	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a	Applicable capital gains and other taxes	0.00
b	Related debts settled or due to be settled from sale proceeds	0.00
c	Directly attributable transaction costs	0.00
d	Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations	0.00
e	Sum of other sale proceeds not included above	0.00
	Details of other sale proceeds not included above

	Total (3)	0.00
4	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently	0.00
5	Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust	1,664.20
6	Less: Debt repayment (to include principal repayments as per scheduled EMI's except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust)	0.00
7	Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a	Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt	0.00
b	Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos	0.00
c	Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos	0.00
d	Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset	0.00
e	Statutory, judicial, regulatory, or governmental stipulations	0.00
f	Agreement entered for PPP projects	0.00
g	Agreement entered for non-PPP projects	0.00
	Total (7)	0.00
8	Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years	0.00
	Net Distributable Cash Flow at Trust level	40,421.40
	Notes:
Surplus cash available (excluding surplus cash from debt raised) 7.68

Statement of Net Borrowings Ratio

Amount in (Lakhs)

Sr.	Particulars	Amount
A	Borrowings [Refer Notes 1 & 2]	18,41,304.30
B	Deferred Payments [Refer Notes 1 & 3]	1,00,277.10
C	Cash and Cash Equivalents [Refer Notes 1 & 3]	2,16,140.60
D	Aggregate Borrowings and Deferred Payments net of Cash and Cash Equivalents (A+B-C)	17,25,440.80
E	Value of REIT/InVIT assets [Refer Notes 3 & 4]	50,54,906.20
F	Net Borrowings Ratio (D/E)	0.34
	Disclosure of notes on net borrowings ratio

Statement of Changes in Unitholders Equity

Amount in (Lakhs)

Particulars		3 months/ 6 months ended(dd-mm-yyyy)	Year to date figures for current period ended(dd-mm-yyyy)
Date of start of reporting period		01-10-2025	01-04-2025
Date of end of reporting period		31-12-2025	31-12-2025
Whether results are audited or unaudited		Unaudited	Unaudited
Nature of report standalone or consolidated		Consolidated	Consolidated

1	Balance at the beginning of the current reporting period	17,39,544.50	16,41,929.50
2	Changes in Unit Capital due to prior period errors	0.00	0.00
3	Restated balance at the beginning of the current reporting period	17,39,544.50	16,41,929.50
4	Changes in Unit Capital due to prior period errors	3,41,668.70	4,39,283.70
5	Balance at the end of the current reporting period	20,81,213.20	20,81,213.20
	Disclosure of notes on changes in unit capital	Textual Information(1)	Textual Information(2)

Amount in (Lakhs)

Particulars

3 months/ 6 months ended (dd-mm-yyyy)

Date of start of reporting period

01-10-2025

Date of end of reporting period

31-12-2025

Whether results are audited or unaudited

Unaudited

Nature of report standalone or consolidated

Consolidated

B(i). Other Equity

		Share application money pending allotment	Equity component of compound financial instruments	Reserves and Surplus				Debt instruments through Other Comprehensive Income	Equity Instruments through Other Comprehensive Income	Effective portion of Cash Flow Hedges	Revaluation Surplus	Exchange differences on translating the financial statements of a foreign operation	Other items of Other Comprehensive Income (specify nature)	Money received against share warrants	Net distribution to sponsor group entity in relation to income support guarantee	Non-Controlling Interest	Total
		Share application money pending allotment	Equity component of compound financial instruments	Capital Total Reserve	Securities Premium	Other Reserves (specify nature)	Retained Earnings	Debt instruments through Other Comprehensive Income	Equity Instruments through Other Comprehensive Income	Effective portion of Cash Flow Hedges	Revaluation Surplus			Money received against share warrants		Non-Controlling Interest	Total
1	Balance at the beginning of the current reporting period	0.00	0.00	0.00	0.00	(538.70)	(1,01,244.60)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	(10,783.30)	1,99,835.60	87,269.00
2	Changes in accounting policy or prior period errors	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
3	Restated balance at the beginning of the current reporting period	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
4	Total Comprehensive Income for the current year	0.00	0.00	0.00	0.00	0.00	4.10	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	4.10
5	Dividends	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
6	Transfer to retained earnings	0.00	0.00	0.00	0.00	0.00	18,032.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	2,089.90	20,121.90
7	Any other change	0.00	0.00	0.00	0.00	0.00	(17,395.30)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	(17,395.30)
8	Balance at the end of the current reporting period	0.00	0.00	0.00	0.00	(538.70)	(1,00,604.20)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	(10,783.30)	2,01,925.50	89,999.30
9	Details of any other change (If figures reported in No. 7)						0.00

Textual Information(1)

Less: Distribution to Unitholders for the quarter ended 30 September 2025- (1740.83) Add: Restricted stock units- 1.30

Amount in (Lakhs)

Particulars

"Year to date figures for current period ended (dd-mm-yyyy)"

Date of start of reporting period

01-04-2025

Date of end of reporting period

31-12-2025

Whether results are audited or unaudited

Unaudited

Nature of report standalone or consolidated

Consolidated

B(ii). Other Equity

		Share application money pending allotment	Equity component of compound financial instruments	Reserves and Surplus				Debt instruments through Other Comprehensive Income	Equity Instruments through Other Comprehensive Income	Effective portion of Cash Flow Hedges	Revaluation Surplus	Exchange differences on translating the financial statements of a foreign operation	Other items of Other Comprehensive Income (specify nature)	Money received against share warrants	Net distribution to sponsor group entity in relation to income support guarantee	Non-Controlling Interest	Total
		Share application money pending allotment	Equity component of compound financial instruments	Capital Total Reserve	Securities Premium	Other Reserves (specify nature)	Retained Earnings	Debt instruments through Other Comprehensive Income	Equity Instruments through Other Comprehensive Income	Effective portion of Cash Flow Hedges	Revaluation Surplus			Money received against share warrants		Non-Controlling Interest	Total
1	Balance at the beginning of the current reporting period	0.00	0.00	0.00	0.00	(538.70)	(96,754.70)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	(10,783.30)	1,98,069.50	89,992.80
2	Changes in accounting policy or prior period errors	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
3	Restated balance at the beginning of the current reporting period	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
4	Total Comprehensive Income for the current year	0.00	0.00	0.00	0.00	0.00	20.10	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	20.10
5	Dividends	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
6	Transfer to retained earnings	0.00	0.00	0.00	0.00	0.00	44,444.10	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	3,856.00	48,300.10
7	Any other change	0.00	0.00	0.00	0.00	0.00	(48,303.70)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	(10,783.30)	2,01,925.50	(48,303.70)
8	Balance at the end of the current reporting period	0.00	0.00	0.00	0.00	(538.70)	(1,00,604.20)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	89,999.30
9	Details of any other change (If figures reported in No. 7)						Less: Distribution to Unitholders for the quarter ended 31 March 2025- (1549.77) Less: Distribution to Unitholders for the quarter ended 30 June 2025- (1543.69) Less: Distribution to Unitholders for the quarter ended 30 September 2025- (1740.83) Add: Restricted stock units- 3.92

Details of Funds raised through Debt - Consolidated basis

Amount in (Lakhs)

Sr no.	Types of Borrowings	Opening Outstanding	Raised During the period	Repaid during the period	Closing Outstanding
1	Borrowings from Domestic - Banks/ Financial Institutions (including term loans)	9,69,649.70	6,02,296.10	29,988.70	15,41,957.10
2	Non-Convertible Debentures (NCDs)	69,760.00	2,00,000.00	3,870.00	2,65,890.00
3	Non-Convertible Preference Shares (NCRPs)	0.00	0.00	0.00	0.00
4	ECBs	0.00	0.00	0.00	0.00
Whether fund raised through debt consolidated other than above?				No

Details of Borrowing / Debt (Raised during the period)

		Debt securities (NCDs)							Loans / ECB				Preference Capital (NCRPS)
Sr no.	InvIT / HoldCo / SPVs	ISIN	Amount raised	Coupon Rate	Interest payment frequency	Secured/unsecured	Tenure (in months)	Assets on which charge is created, if any	Name of the lender	Amount	Assets on which charge is created, if any	Tenure (in months)	Name of the lender	Amount	Assets on which charge is created, if any	Tenure (in months)
1	InviT	INE0FDU07018	2,00,000.00	7.06	Quarterly	Secured	P60M	Debenture is secured by waynof hypothecation over Bank Accounts and Receivable of Assets SPV (i.e. Seaview Developers Private Limited) in respect of Hypothecated Properties and pledge over the share of Assets SPV in favour of the Debenture Trustee for the benefit of the Debenture Holders.	Not Applicable	0.00	0	P0M	Not Applicable	0.00	0	P0M
2	SPVs	ZZZ999Z99999	0.00	0.00	0	Unsecured	P0M	0	Axis Bank Limited	650.00	The term loan is secured by hypothecation of movable assets, mortgage on immovable properties, charge on bank accounts and charge on the income support agreement.	P144M	0	0.00	0	P0M
3	SPVs	ZZZ999Z99999	0.00	0.00	0	Unsecured	P0M	0	HDFC Bank Limited	2,865.00	The term loan is secured by waynof charge on hypothecation ofnreceivables, movable assets,ninsurance policies, leasenagreement, bank accounts,nmortgage on immovablenproperties including land andnpledge/Non Disposal Undertaking of 51% of share capitalnof the Company on fully dilutednbasis	P60M	0	0.00	0	P0M
4	SPVs	ZZZ999Z99999	0.00	0.00	0	Unsecured	P0M	0	ICICI Bank Limited	438.00	The term loannis secured bynhypothecation ofnscheduled receivables,nmovable assets, banknaccounts and incomensupport agreementnand mortgage onnimmovable properties.	P144M	0	0.00	0	P0M
5	SPVs	ZZZ999Z99999	0.00	0.00	0	Unsecured	P0M	0	Axis Bank Limited	1,352.00	The term loannis secured bynhypothecation ofnscheduled receivables,nmovable assets, banknaccounts and incomensupport agreementnand mortgage onnimmovable properties.	P144M	0	0.00	0	P0M
6	SPVs	ZZZ999Z99999	0.00	0.00	0	Unsecured	P0M	0	Bajaj Housing Finance Limited	32,323.90	The term loan is secured by waynof charge on hypothecation ofnreceivables, movable assets,ninsurance proceeds, leasenagreement, bank accounts,nmortgage on immovablenproperties including land of Shantiniketan Properties Private Limited	P180M	0	0.00	0	P0M
7	SPVs	ZZZ999Z99999	0.00	0.00	0	Unsecured	P0M	0	State Bank of India	1,97,929.50	Term Loan is secured by waynof hypothecation of present and future lease Rentals receivables & Currents Assets and Registered Mortgage over commercial land and buildings belongs to Arliga Ecoworld Business Parks Private Limited except Ecoworld Campus 4D.	P160M	0	0.00	0	P0M
8	SPVs	ZZZ999Z99999	0.00	0.00	0	Unsecured	P0M	0	Punjab National Bank	1,66,375.10	Term Loan is secured by waynof hypothecation of present and future lease Rentals receivables & Currents Assets and Registered Mortgage over commercial land and buildings belongs to Arliga Ecoworld Business Parks Private Limited except Ecoworld Campus 4D.	P160M	0	0.00	0	P0M
9	SPVs	ZZZ999Z99999	0.00	0.00	0	Unsecured	P0M	0	Bank of Baroda	1,66,606.10	Term Loan is secured by waynof hypothecation of present and future lease Rentals receivables & Currents Assets and Registered Mortgage over commercial land and buildings belongs to Arliga Ecoworld Business Parks Private Limited except Ecoworld Campus 4D.	P158M	0	0.00	0	P0M
10	SPVs	ZZZ999Z99999	0.00	0.00	0	Unsecured	P0M	0	ICICI Bank Limited	32,476.50	Term Loan is secured by waynof hypothecation of present and future lease Rentals receivables & Currents Assets and Registered Mortgage over commercial land and buildings of Project Ecoworld Campus 4D belongs to Arliga Ecoworld Business Parks Private Limited .	P180M	0	0.00	0	P0M
11	SPVs	ZZZ999Z99999	0.00	0.00	0	Unsecured	P0M	0	HDFC Bank Limited	2,560.00	First ranking mortgage over the Land,First ranking charge over all Receivables and moveable property.First ranking exclusive charge over the DSRA .First ranking charge over the relevant DIAL Project Documents	P180M	0	0.00	0	P0M

Disclosures of Ratios

Amount in (Lakhs)

Sr. No	Particulars	Ratio	Remarks
Whether the REITS/INVITS have any outstanding borrowings?		Yes
1	Debt equity ratio	0.85
2	Debt service coverage ratio	2.13
3	Interest service coverage ratio	2.30
4	Asset cover available ratio	2.28
5	Total debts to total assets	0.41
6	Current ratio	0.92
7	EBITDA margin (i.e.: Earnings before interest tax depreciation and amortisation margin)	73.84	EBITDA Margin- EBITDA (before share of Joint venture)/Total Income
8	Net profit margin percent	2327.00
9	Net operating income margin	72.14	Operating margin =(Earning before interest, depreciation and tax - Other income- Interest income) / Revenue from operations
10	Distribution per unit (In Rs.)	1590.00
11	Net worth i.e.: Unitholders funds	19,91,279.70

Details of Capital raised during the period

Amount in (Lakhs)

Sr no.	Nature of issue (Right Issue/ Preferential Issue/ Institutional Placement)	Date of Board Approval	Date of Unitholders Approval	Date of Issue	Issue Size (Number of Units)	Issue Size	Issue Price per Unit	Date of Allotment of Securities	Details of Listing of Securites
1	Institutional Placement	04-11-2025	28-11-2025	04-12-2025	109375000	3,50,000.00	320	10-12-2025	Date of listing is 11-12-2025 on NSE and BSE

Text Block
Details Of Capital Raised During The Period Explanatory

Details of Assets acquired during the reporting period

Amount in (Lakhs)

Sr.No.	Nature of the Asset	Date of Meeting of Board of the Manager / IM / Unitholders Approval	Type of transaction (Outright purchase / Joint Venture / Joint Development / Area Share / Others)	Date on which the Asset was acquired	Total consideration	Name of the Parties from whom the Asset was acquired	Whether it is a Related Party Transaction	Valuation of the Asset Acquired	Remarks
1	Ecoworld Business Parks owned by Arliga Ecoworld Buinsess Parks Private Limited	04-11-2025	Others	24-12-2025	7,12,500.00	BSREPIIINewYorkFDIIDIFCLimited	Yes	14,04,410.00	NA

Text Block
Details Of Assets Acquired During The Reporting Period Explanatory

Details of Assets disposed off during the reporting period

Amount in (Lakhs)

Sr.No.	Nature of the Asset	Date of Meeting of Board of the Manager / IM / Unitholders Approval	Type of transaction (Outright sale / Joint Venture / Joint Development / Area Share / Others)	Date on which the Asset was disposed off	Total consideration	Name of the Parties to whom the Asset was disposed off	Whether it is a Related Party Transaction	Valuation of the Asset Acquired	Remark Note

Text Block
Details Of Assets DisposedOff During The Reporting Period Explanatory

Details of Distributions made during each quarter of the Financial Year
A	Date of start of reporting period	01-10-2025
B	Date of end of reporting period	31-12-2025
B	Details of Distribution made during the period, if applicable: (Yes/No)	Yes
Sr.	Particulars
1	Record Date	03-02-2026
2	Date of Board Meeting in which the distribution declared	29-01-2026
3	Total amount of distribution declared	Total amount (in Rs. Lakhs)	Total Amount Per Unit (in Rs.)
4	Out of the total amount of distribution declared, the amount in the form of interest, less taxes, if any	11,915.20	1.59
5	Out of the total amount of distribution declared, the amount in the form of dividend	7,044.20	0.94
6	Out of the total amount of distribution declared, including amount in the form of amortization of SPV level debt	19,484.00	2.6
7	Out of the total amount of distribution declared, the amount in form of other income	2,023.30	0.27
8	Due date of the payment of distribution	10-02-2026
9	Date by which payment of distribution is completed	10-02-2026

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-10-2025
2	Date of end of reporting period	31-12-2025
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		Candor Kolkata One Hi-Tech Structures Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		9.80
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	Metallica Holdings (DIFC) Limited	50.00
2	Reco Cerium Private Limited	50.00
3	Reco Europium Private Limited	50.00
	Total Capital		9.80
2	Other Equity		0.00
3	Reserve & Surplus		(2,01,397.90)
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		(2,01,388.10)
B	Borrowings
1	Long Term Borrowings		2,49,780.30
2	Current Maturities of Long Term Borrowings		2,167.60
3	Short term borrowings		0.00
4	Deferred Payment Liability		0.00
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		4,429.90
7	Loans from REITs / InvITs or any other inter SPV Borrowings		1,05,019.50
	Total Net Debt		3,61,397.30
C	Total Capitalisation		1,60,009.20
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-10-2025
2	Date of end of reporting period	31-12-2025
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		Festus Properties Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		4,646.40
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	Metallica Holdings (DIFC) Limited	50.00
2	Reco Cerium Private Limited	50.00
3	Reco Europium Private Limited	50.00
	Total Capital		4,646.40
2	Other Equity		0.00
3	Reserve & Surplus		4,087.40
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		8,733.80
B	Borrowings
1	Long Term Borrowings		0.00
2	Current Maturities of Long Term Borrowings		0.00
3	Short term borrowings		0.00
4	Deferred Payment Liability		0.00
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		6,499.90
7	Loans from REITs / InvITs or any other inter SPV Borrowings		1,24,718.20
	Total Net Debt		1,31,218.10
C	Total Capitalisation		1,39,951.90
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-10-2025
2	Date of end of reporting period	31-12-2025
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		Shantiniketan Properties Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		11,509.20
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	Metallica Holdings (DIFC) Limited	50.00
2	Reco Cerium Private Limited	50.00
3	Reco Europium Private Limited	50.00
	Total Capital		11,509.20
2	Other Equity		0.00
3	Reserve & Surplus		4,578.50
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		16,087.70
B	Borrowings
1	Long Term Borrowings		37,069.80
2	Current Maturities of Long Term Borrowings		0.00
3	Short term borrowings		0.00
4	Deferred Payment Liability		0.00
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		205.00
7	Loans from REITs / InvITs or any other inter SPV Borrowings		10,901.90
	Total Net Debt		48,176.70
C	Total Capitalisation		64,264.40
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-10-2025
2	Date of end of reporting period	31-12-2025
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		Candor India Office Parks Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		1.00
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	Metallica Holdings (DIFC) Limited	50.00
2	Reco Cerium Private Limited	50.00
3	Reco Europium Private Limited	50.00
	Total Capital		1.00
2	Other Equity		0.00
3	Reserve & Surplus		1,107.50
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		1,108.50
B	Borrowings
1	Long Term Borrowings		0.00
2	Current Maturities of Long Term Borrowings		0.00
3	Short term borrowings		0.00
4	Deferred Payment Liability		0.00
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		5.50
7	Loans from REITs / InvITs or any other inter SPV Borrowings		300.00
	Total Net Debt		305.50
C	Total Capitalisation		1,414.00
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-10-2025
2	Date of end of reporting period	31-12-2025
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		Seaview Developers Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		2.00
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	Metallica Holdings (DIFC) Limited	50.00
2	Reco Cerium Private Limited	50.00
3	Reco Europium Private Limited	50.00
	Total Capital		2.00
2	Other Equity		0.00
3	Reserve & Surplus		(29,461.00)
4	Instruments entirely equity in nature		2,209.20
	Total Shareholders Funds		(27,249.80)
B	Borrowings
1	Long Term Borrowings		0.00
2	Current Maturities of Long Term Borrowings		0.00
3	Short term borrowings		0.00
4	Deferred Payment Liability		0.00
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		7,950.10
7	Loans from REITs / InvITs or any other inter SPV Borrowings		1,76,800.00
	Total Net Debt		1,84,750.10
C	Total Capitalisation		1,57,500.30
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-10-2025
2	Date of end of reporting period	31-12-2025
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		Candor Gurgaon One Realty Projects Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		0.50
(2)	held by Other shareholders		0.50
	Name of other shareholder	% of Holiding
1	Metallica Holdings (DIFC) Limited	50.00
2	Reco Cerium Private Limited	50.00
3	Reco Europium Private Limited	50.00
	Total Capital		1.00
2	Other Equity		0.00
3	Reserve & Surplus		(1,02,988.60)
4	Instruments entirely equity in nature		3,760.50
	Total Shareholders Funds		(99,227.10)
B	Borrowings
1	Long Term Borrowings		2,33,890.10
2	Current Maturities of Long Term Borrowings		0.00
3	Short term borrowings		0.00
4	Deferred Payment Liability		0.00
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		2,652.50
7	Loans from REITs / InvITs or any other inter SPV Borrowings		45,955.00
	Total Net Debt		2,82,497.60
C	Total Capitalisation		1,83,270.50
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-10-2025
2	Date of end of reporting period	31-12-2025
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		Kairos Properties Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		488.00
(2)	held by Other shareholders		488.00
	Name of other shareholder	% of Holiding
1	Metallica Holdings (DIFC) Limited	50.00
2	Reco Cerium Private Limited	50.00
3	Reco Europium Private Limited	50.00
	Total Capital		976.00
2	Other Equity		0.00
3	Reserve & Surplus		(44,864.60)
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		(43,888.60)
B	Borrowings
1	Long Term Borrowings		2,78,091.00
2	Current Maturities of Long Term Borrowings		24.60
3	Short term borrowings		0.00
4	Deferred Payment Liability		0.00
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		1,160.50
7	Loans from REITs / InvITs or any other inter SPV Borrowings		19,935.00
	Total Net Debt		2,99,211.10
C	Total Capitalisation		2,55,322.50
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-10-2025
2	Date of end of reporting period	31-12-2025
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		Rostrum Realty Private Limited
	Category		Holdcos
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		3,284.90
(2)	held by Other shareholders		3,284.90
	Name of other shareholder	% of Holiding
1	Metallica Holdings (DIFC) Limited	50.00
2	Reco Cerium Private Limited	50.00
3	Reco Europium Private Limited	50.00
	Total Capital		6,569.80
2	Other Equity		0.00
3	Reserve & Surplus		(1,79,874.20)
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		(1,73,304.40)
B	Borrowings
1	Long Term Borrowings		3,31,375.50
2	Current Maturities of Long Term Borrowings		2,924.80
3	Short term borrowings		0.00
4	Deferred Payment Liability		0.00
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		68.80
7	Loans from REITs / InvITs or any other inter SPV Borrowings		0.00
	Total Net Debt		3,34,369.10
C	Total Capitalisation		1,61,064.70
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-10-2025
2	Date of end of reporting period	31-12-2025
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		Arliga Ecoworld Business Parks Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		73.80
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	Metallica Holdings (DIFC) Limited	50.00
2	Reco Cerium Private Limited	50.00
3	Reco Europium Private Limited	50.00
	Total Capital		73.80
2	Other Equity		0.00
3	Reserve & Surplus		(3,73,203.10)
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		(3,73,129.30)
B	Borrowings
1	Long Term Borrowings		5,62,827.20
2	Current Maturities of Long Term Borrowings		0.00
3	Short term borrowings		0.00
4	Deferred Payment Liability		0.00
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		91.80
7	Loans from REITs / InvITs or any other inter SPV Borrowings		0.00
	Total Net Debt		5,62,919.00
C	Total Capitalisation		1,89,789.70
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-10-2025
2	Date of end of reporting period	31-12-2025
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		Mountainstar India Office Parks Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		28,514.00
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	Metallica Holdings (DIFC) Limited	50.00
2	Reco Cerium Private Limited	50.00
3	Reco Europium Private Limited	50.00
	Total Capital		28,514.00
2	Other Equity		0.00
3	Reserve & Surplus		(32,224.00)
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		(3,710.00)
B	Borrowings
1	Long Term Borrowings		0.00
2	Current Maturities of Long Term Borrowings		0.00
3	Short term borrowings		0.00
4	Deferred Payment Liability		0.00
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		110.00
7	Loans from REITs / InvITs or any other inter SPV Borrowings		4,170.00
	Total Net Debt		4,280.00
C	Total Capitalisation		570.00
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

(B)For SVPs held through HoldCos

Amount in (Lakhs)

1	Date of start of reporting period	01-10-2025
2	Date of end of reporting period	31-12-2025
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos		Rostrum Realty Private Limited
	Name of SVPs		Arnon Builders & Developers Private Limited
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		2.50
(2)	held by Other shareholders		2.50
	Name of other shareholder	% of Holiding
1	Metallica Holdings (DIFC) Limited	50.00
	Total Capital		5.00
2	Other Equity		0.00
3	Reserve & Surplus		(20,893.10)
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		(20,888.10)
B	Borrowings
1	Long Term Borrowings		61,138.30
2	Current Maturities of Long Term Borrowings		582.90
3	Short term borrowings		0.00
4	Deferred Payment Liability		0.00
5	Interest Accrued and due		168.90
6	Interest Accrued but not due		12.70
7	Loans from REITs / InvITs or any other inter SPV Borrowings		5,099.60
	Total Net Debt		67,002.40
C	Total Capitalisation		46,114.30
Disclosure of notes for SVPs held through HoldCos		Notes :

(B)For SVPs held through HoldCos

Amount in (Lakhs)

1	Date of start of reporting period	01-10-2025
2	Date of end of reporting period	31-12-2025
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos		Rostrum Realty Private Limited
	Name of SVPs		Aspen Buildtech Private Limited
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		2.50
(2)	held by Other shareholders		2.50
	Name of other shareholder	% of Holiding
1	Metallica Holdings (DIFC) Limited	50.00
	Total Capital		5.00
2	Other Equity		0.00
3	Reserve & Surplus		(23,955.30)
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		(23,950.30)
B	Borrowings
1	Long Term Borrowings		62,583.80
2	Current Maturities of Long Term Borrowings		533.30
3	Short term borrowings		0.00
4	Deferred Payment Liability		0.00
5	Interest Accrued and due		43.70
6	Interest Accrued but not due		13.00
7	Loans from REITs / InvITs or any other inter SPV Borrowings		2,637.50
	Total Net Debt		65,811.30
C	Total Capitalisation		41,861.00
Disclosure of notes for SVPs held through HoldCos		Notes :

(B)For SVPs held through HoldCos

Amount in (Lakhs)

1	Date of start of reporting period	01-10-2025
2	Date of end of reporting period	31-12-2025
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos		Rostrum Realty Private Limited
	Name of SVPs		Oak Infrastructure Developers Private Limited
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		2.50
(2)	held by Other shareholders		2.50
	Name of other shareholder	% of Holiding
1	Metallica Holdings (DIFC) Limited	50.00
	Total Capital		5.00
2	Other Equity		0.00
3	Reserve & Surplus		(19,281.50)
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		(19,276.50)
B	Borrowings
1	Long Term Borrowings		54,329.70
2	Current Maturities of Long Term Borrowings		462.90
3	Short term borrowings		0.00
4	Deferred Payment Liability		0.00
5	Interest Accrued and due		164.30
6	Interest Accrued but not due		11.30
7	Loans from REITs / InvITs or any other inter SPV Borrowings		6,048.70
	Total Net Debt		61,016.90
C	Total Capitalisation		41,740.40
Disclosure of notes for SVPs held through HoldCos		Notes :

Financial Results - REITs or InvITs

General information about REITs or InvITs

Financial Results Ind-AS

Amount in (Lakhs)

Disclosure of notes on financial results

Disclosure of notes on financial results

Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Other Comprehensive Income

Amount in (Lakhs)

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

Statement of Net Distributable Cash Flows (NDCF) - Trust

Amount in (Lakhs)

Statement of Net Borrowings Ratio

Amount in (Lakhs)

Statement of Changes in Unitholders Equity

Amount in (Lakhs)

Amount in (Lakhs)

B(i). Other Equity

Amount in (Lakhs)

B(ii). Other Equity

Details of Funds raised through Debt - Consolidated basis

Amount in (Lakhs)

Details of Borrowing / Debt (Raised during the period)

Disclosures of Ratios

Amount in (Lakhs)

Details of Capital raised during the period

Amount in (Lakhs)

Text Block

Details of Assets acquired during the reporting period

Amount in (Lakhs)

Text Block

Details of Assets disposed off during the reporting period

Amount in (Lakhs)

Text Block

Details of Distributions made during each quarter of the Financial Year

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos