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SAFE KEEPINC RECEIPT

Safe keeping Receipt No Date of Issue

A pp li can t/Depositor Beneficiary Expiry/Maturity Date

: CSC/HYD/Ol/SKR/AC/31032010 : March 31,2010

: Aishwarya Constructions.Hyderabad : Aishwarya Constructions,Hyderabad

: 5 (five) years i.e, upto March 30, 2015

Coun terfoil

Receipt

The under mentioned securities more particularly described hereunder have been Aishwarya deposited with CSC, Hyderabad for Safe Custody by Aishwarya Constructions and are delivered to the order of Aishwarya

IDEl Bank Ltd. City SME Centre, Hyderabad.

Register No : CSC/01

Deposited By:

Constructions, Hyderabad

Particulars:

l. Original Legal Scrutiny Report dated 01/03/201 U by Mr. M Hareesh (Advocate) & dated 27/02/10 by Mr. Karuna Sagar (Advocate) for 47 acres of Land at Village Hafeezpet, MandaJ Serilingampally, District Ranga Reddy 500 049

2. Original Valuation Report by

Er.P.S.Swaminathan (AISHWARYA: 4447/322/2009-10) Dated 25/02/10 for 47 acres of Land at Village Hafeezpet Mandai Serilingampally, District Ranga Reddy 500049.

3.0riginal Agreement of Sale cum GPA Document No 5146/08 dated 02/07/2008 Executed by Bhooma Jagannatha Reddy S/o B. Pratap Reddy and 30 others in favour of MIs Aishwarya Constructions at SRO Ranga Reddy for 47 acres of Land at

Village Hafeezpet, Manda]

Serilingampally, District Ranga

Reddy 500049.

4. Original Sale deed Document No 2667/06 dated 19/01/2006, Executed by N Mallamma Wlo N Mallaiah and 17 others 1Il favour of Smt. M

IDBI Bank Ltd, City 5MB Centre, Hyderabad. RegisterNo : IDBl/CSC/ HYD/OI

Cover No :01/2010

Constructions.

Particulars of the Securities:

I. Original Legal Scrutiny Report dated 01/03/20] 0 by Mr. M Hareesh (Advocate) & dated 27/02/10 by ML Karuna Sagar (Advocate) for 47 acres of Land at Village Hafeezpet, Mandai Serilingampally, District Ranga Reddy SOD 049

2. Original Valuation Report by

Er.P.S.Swaminathan (ArSBWARY A:

4447/322/2009-10) Dated 25/02/1 0 for 47 acres of Land at Village Hafeezpet, Mandai Serilingarnpally, District Ranga Reddy 500 049.

3. Original Agreement of Sale cum GPA Document No 5146/08 dated 02/07/2008 Executed by Bhooma Jagannatha ' Reddy 5/0 B. Pratap Reddy and 30 others in favour of MIs Aishwarya Constructions at SRO Ranga Reddy for 47 acres of Land at Village Hafeezpet, Mandal Serilingampally, District Ranga Reddy 500 049.

4. Original Sale deed Document No 2667/06 dated 19/01/2006, Executed by N Mallamma W/o N Mallaiah and 17 others in favour of Smt. M Kavitha W/o M. Bhadru and 2 others at SRO Ranga Reddy

: 100 & 107, ~ ~ ~~. ~ ~, ~ - 500 029. ~ : (+91-40) 66441722-30, fI:;<m ; (+91-40) 66441733 : 106 & 107, 1St Floor, MahaviTHouse,. Basheerbag~~~ ~!Jabad-500 029. Tel: (+91-40) 66441722-30, Fax; (+91-40) 66441733

""II;lIi~"'" : ~3lIt :tq; fMifu:, ~~ 00:, ~ ~, <ii'ii m. ~ - 400 005. an: : ~ QRc 1rq;T. : 6080116061116071 W1!bslte: _:Idbl,eorn R~gd. Off. : IDBI Bank Ltd. lOBI Tower, me Complex, Cuffe Parade, Mumbai-400 005. Tel: 22189111, 66553355, Fax: 022-221812~4 Telegram: "INDBANKINO' Post Bag No. 6080/16061/16071 Website: www.ldbi.com

Kavitha Wlo M. Bhadru and 2 others

at SRO Ranga Reddy for 05 acres of Land at Village Hafeezpet, Mandal Serilingampally, District Ranga Reddy 500049.

5. Original Sale deed Document No 3669/06 dated 19/01/2006, Executed

by N Mallamma Wlo N Mallaiah and

17 others in favour of K Naveen Kumar S/o K. Krishna Rao and 9 others at SRO Ranga Reddy for 15 acres of land at Village Hafeezpet, 6.

Mandai Serilingampally, District

Ranga Reddy 500 049.

6.0riginal Sale deed Document No 9234/06 dated 23/01./2006 Executed

by Neelam Sattaiah SID Neelam Veokaiah and 35 others in favour of Bhooma Jagannatha Reddy S/o B. Pratap Reddy and 8 others at SRO Ranga Reddy for 15 acres of Land at 7.

Village Ha£eezpet, Mandal

Serilingampally, District Ranga

Reddy 500049.

7.0riginal Sale deed Document No 9235/06 dated 23/01/2006, Executed

by Neelarn Sattaiah S/o Neelam Venkaiah and 35 albers in favour of Bhooma Jagannatha Reddy S/o B, Pratap Reddy and 8 others at SRO 8. Ranga Reddy for 15 acres of Land at

Village Hafeezper, Mandai

Serilingampally, District Ranga

Reddy 500049.

8.a) Copy of Certificate of

Encumbrance on Property Sy. 80 at

Village Hafeezpet, Mandal

Serilingampall y, District Ranga

Reddy 500 049. dated 10/03/2010 for the period 01/10/1960 to 09/03/2010 b) Original Indemnity Bond issued by Mis Aishwarya Constructions for Property Sy. 80 at

Village Hafeezpet, MandaI.

Serilingampally, District Ranga

Reddy 500 049 dated 29/03/2010.

9.Copy of Permission to effect

~J II) ~3 i:}JSIY

for 05 acres of Land at Village Hafeezpet, Mandai Serilingarnpally, District Ranga Reddy 500 049.

5. Original Sale deed Document No 3669/06 dated 19/0112006, Executed by N Mallamma Wlo N Mallaiah and 17 others in favour of K Naveen Kumar S!o K. Krishna Rao and 9 otbers at SRO Ranga Reddy for 15 acres of Land at Village Hafeezpet, Mandai Serilinga rnpally,

District Ranga Reddy 500 049.

Original Sale deed Document No 9234/06 dated 23/01/2006 Executed by Neelam

Sattaiah S/o Neelam Venkaiah and 35 others in favour of Bhooma Jagannatha Reddy S/o B. Pratap Reddy and 8 others at SRO Raoga Reddy for 15 acres of Land at Village Hafeezpet, Mandai Serilingampally, District Ranga Reddy 500049.

Original Sale deed Document No 9235106 dated 23/01/2006, Executed by Neelarn Sattaiah S/o Neelam Venkaiah and 35 others in favour of Bhoorua Jagannatha Reddy S/o B. Pratap Reddy and 8 others at SRO Ranga Reddy for 15 acres of Land at Village Hafeezpet, Mandai Serilingampally, District Ranga Reddy 500049.

a) Copy of Certificate of Encumbrance on Property Sy. 80 at Village Hafeezpet, Mandai Serilingampally, District Range Reddy 500 049. dated lO/03!20lD for the period 01/10(1960 to 09/03/2010 b) Original Indemnity Bond issued by MJs Aishwarya Constructions for Property Sy.1 80 at Village Hafeezpet, Mandai Serilingampally, District Ranga Reddy 500 049 dated 29/03/2010.

9. Copy of Permission to effect Mutation memo No 28908/JAl/2004-1 Dated 05/11/2004 from Revenue Dept (signature not visible) and Sanction of Mutation memo No. BBI(2588/03 Dated 23/08/2004 SpI. C.S & C.C.LANamapally.

10. Copy of Letter No H1/1628/ NOC/200G Dated 06/02/2008 issued by Spl. Officer

;Yr..<StiPt'ini:'mll .. i ikt : 106 & 107, ~ ~ ~ ~, ~ ~. ~ - 500 029. ~ : [+91-40) 66441722-30, ~ : (+91-40) 66441733 : 106 & 107, 151 Floor. Mahavir House, Basheerba~~ Ib'flgabad-500 029. Tel: (+91-40) 66441722-30, Fax: (+91-40) 66441733

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~~:.o' • : lOBI Btlnk Ltd. lOBI Tower, WTC Complex, Cuffe Parade, Mumbai-400 005. Tel: 22189111,06553355., Fax: 022-22181294 Telegram: "INDBANKlNO" Post Bag No. 6080{16061/16071 Website: www.idbt.com

Mutation memo No 28908/JAl/2004- 1 Dated 05/11/2004 from Revenue Dept (signature not visible) and Sanction of Mutation memo No. BBI/2588/03 Dated 23/08/2004 SpI. c.s & C.C.LA Namapally.

lO. Copy of Letter No Hl/1628/

NOC/2006 Dated 06102/2008 issued by SpI. Officer and Competent authority ULC Hyderabad Revenue Dept. Issue of NOC for Sy. 80

Village Hafeezpet, Mandal

Serilingampally, District Ranga

Reddy 500 049

11. Copy of Letter No

A.A.//HY/ATS -S9/NOC -2/2009

/4405 - 4434 dated 15/04/2009 NOC from Airport Authority of India for

property at Village Hafeezpet,

Maudal Serilingampally, District

Ranga Reddy 500049

12. Copy of Land Use Certificate

from HUDA Letter No 5384- LU /P5/HUDA/:2008 Dated 05/05/2008 for above property at Village Hafeezpet, Mandai Serilingampally, District Ranga Reddy 500049.

L3. Copy of Application No 107/70

in the High Court between Narasimha Rao & 117 others and Commissioner, High Court Orders to Receiver cum Commissioner dated 29/03(1975.

14. Copy of· Application No

107/1970 Dated 11/03/1975 by B Raghavalu and 16 others to Advocate Commissioner, High Court AP

[5. Copy of Proceedings No

Hl/1628/2006 Dated 01/02/2008 from Spl. Officer and Competent Authority ULC Hyderabad for Sy .. 80

Village Hafeezpet, Mandai

Serilingampally, District Ranga

Reddy50D 049.

and Competent authority ULC Hyderabad Revenue Dept. Issue of NOe for Sy. 80 Village Hateezpet, Mandal Serilingampally, District Ranga Reddy 500 049

11. Copy of Letter No LW/HY/ATS ~59!NOC ~2/2009 (4405 - 4434 dated 15/04/2009 NOC hom Airport Authority of India for property at Village Hafeezper, Manda! Serilingampally, District Ranga Reddy 500 049

12. Copy of Land Use Certificate from HUDA Letter No 5384- LU IP5/HUDA/2008 Dated 05/05/2008 for above property at Village Hafeezpet, Maridal Serilingarnpally, District Ranga Reddy 500 049.

13. Copy of Application No 107/70 in the High Court between Narasimha Rao & I] 7 others and Commissioner, High Court Orders to Receiver cum Commissioner dated 29/03/1975.

14. Copy of Application No 107/1970 Dated 11/03/1975 by B Raghavahi and 16 others to Advocate Commissioner, High Court A.P

15. Copy of Proceedings No Hl11628/2006 Dated 01102/2008 from Spl. Officer and Competent Authority ULC Hyderabad for Sy, 80 Village Hafeezpet, Mandal Serilingampally, District Ranga Reddy 500 049.

It is expressly agreed that this Recei pt shall not be transferable and it must be given up duly discharged before the secunues can be surrendered. This receipt should be carefully preserved.

: 106 & 107, ~ .~ ~ ~, ~ mr, ~ - 500 029. ~ : (+91-40) 66441722·30, WR:T : (+91-40) 66441733 ~-tt~;SME;..c,.jJl're: 106 & 107. 1st Freer, Mahavir House, BaSheerba9tD§.~~ l:Il<erabad-500 029. Tel: (+91-40) 66441722-30, Fax: (+91-40) 66441733

- - -- - -- - - --- --------- ----

: ~~ ~ ~, ~oot hr, ~ ~, 1iIIi tftg, 1fit. 400, 005 ffi1: : ~ q'rre- WI" ;1_ : 6080116061116071 Website, _';Jdbl.com Regd. Off.: 1081 Bank ltd. lOBI Tower, WTC Compl.ex, Cuffe Parade, Mumbai-400 005. Tel: 22189111, 66553355, Fax: 022-22181294 Telegram :. "1NDBANKINO' Post Bag No. 60BO/16061/16071 Website: www.idbi.com

Terms and Conditions:

This Safe Keeping Receipt (SKR) is presently issued for a period of 5 years from the date of issue and will expire on March 30, 2015 (Expiry date) as per the request of the depositor. In view of this, IDBI Bank Ltd. has received an amount of Rs.2S,36,900/-

(inclusive of service tax fee @1O.3% of Rs.2,36,900/-) for three vears as our safe custodv

I tb J J

fee. "While the annual fee for 411 and 5 years are lO be paid on or before March 30, 2013.

Our liability to keep the documents deposited with us for safe custody would arise only on the Depositor or Beneficiary paying us the safe custody charges/fees as decided by the Bank from time to time including revisions, if any.

In case the safe custody articles/documents are not taken delivery by the Depositor 011 the expiry date. !DB[ Bank Ltd. (hereinafter referred to as "the Bank") shall not be responsible for loss, destruction or damage to the documents kept in safe custody with us. Further the Depositor shall be liable to pay safe custody charges (at the rates decided by the Bank from time to time) with interest at the rate of BPLR (i.e ]2.75% p.a. on this date, which may vary from time to time) for the periods beyond the expiry dale unti I the safe custody charges are paid to the Bank in full and the safe custody items are taken back.

The Bank is in receipt of Valuation Report dated 25(02/2010 issued by Government Approved Valuer, Shri Er.P.S.Swaminathan (FIV-l0299; FIE-016153/1) in respect of property noted above.

The Bank is also in receipt of Legal Search Report given by Me. Shri M.Karuna Sagar Advocate. High Court, AP.(Advocate) in respect of the properties covered by valuation report dated 25/02/2010 issued by Government Approved Valuer Er.P.S.Swamioathan.( FIV-I0299; FlE-016153/1)

In addition to the aforementioned, the Bank are also in receipt of tile documents serially mentioned above

As per the information given by the depositor, the valuation report dated February 25,2OJO submitted by Government Approved Valuer, Shri Er.P.S.Swamillathan (FLV- 10299; FIE-016153/1), on the securities/documents deposited for safe keeping are valued at Indian Rs.4,43,59,OO,OOOI-( Rupees Four hundred forty three crores fifty nine lakh only), USD 97.77 Million as on March 31,2010.

We, the Bank, state that by issuance of this receipt the Bank do not confirm or guarantee the authenticity, validity, genuineness or value of the security/documents deposited with us or that the Depositor holds the title or ownership of the documents deposited with us. The Bank has not verified and will not be responsible for the value of the documents kept in Safe Custody with us. Any person or entity taken cognizance of this receipt be aware that the genuineness, proper execution, validity, authenticity or value of the documents deposited with us for safe custody by the Depositor needs to be confirmed/obtained from

t ijc{ : 106 & 107, ~ m ~~, if:rirowr ~, ~ - 500 029. ~ : (+91-40) 66441722-30, ~ : (+91-40) 66441733 Centre: 106 & 107,1$1 Floor, Mahavir House, BaSl\eerbag~~~ ~bad-500 029. Tel: (+91-40) 66441722-30, Fax: (+91-40) 66441733

~ ~ : ~~ fib ~, ~.3IIf ro, ~ ~, iir:jj' m-, ~ ·400 005. 'ffi'l: : ~ ~ %<T ;f. : &l8DI16061 116071 W!bllte: wwW.ldbl.com Re:gd. Off.: lOBI Bank Ltd. lOBI Tower, Me Complex, Cuffe Parade, Mumbai.-400 005. Tel: 22189111, 66553355, Fax: 022-22181294 Telegram: "INDBANKIND" Post Bag No. 6080/16061/16071 Website: www.idbl.com

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the Depositor and OUf liability under this receipt shall be limited on Iy for return of the documents stated above only to the Depositor, on return of this receipt and execution of a proper discharge to oursatisfadion and payment of all outstanding charges. Notwithstanding the aforementioned, the Bank shall not be liable to return the documents deposited with lIS in case there is an order, injunction or any other directions passed by any Court, regulatory or other authority prohibiting us from parting with the documents deposited with us under these presents.

We, IDBI Bank Ltd. confirm that this Safe Keeping Receipt will not be changed, altered or amended without the express consent or request in writing of the Depositor.

The Bank, further confirm that this Safe Keeping Receipt can be verified and authenticated al our correspondent , Bank, (Bank name), _________ Branch upon responsible enquiry through SWIFT as per MT799.

The Safe Keeping Receipt is not assignable or transferable, except upon written intimation from rhe Depositor.

We, !DEl Bank Ltd., City SME Centre, Hyderabad, India have issued this Safe Keeping Receipt with full Banking responsibility for the safe keeping of the Securities more fully specified above. Provided that, the Bank shall be entitled to produce or deposit the documents deposited with us under these presents with any Court, legal, regulatory or other lawful authority in case there is any order or direction to this effect passed by such authorities. Whereas the Depositor has approached the Bank for safe keeping of the documents fOI a period of 5 years i.e. upto March 30, 2015 and on expiry of the aforesaid period, has advised/directed the Bank to release/handover the Securities to the Depositor. We, the Bank have acceded to the aforesaid request of the Depositor and the Securities specified above are being kept in our safe custody at the request of Depositor and as an agent of Depositor. We, the Bank agree subject to exemptions specified above to hand over the securities to the Depositor as and when the Depositor handover this presenls in original along with a written request for return of the securities signed by its authorized signatory within the validity period of this receipt. All requests for return of the securities needs to be lodged with OUf City SME Centre, Hyderabad, I ndia in person. The Bank nor any of its officials are in no way responsibl e /liabl e to the contents other than what is mentioned in this Safe Keeping Receipt.

This safe custody receipt is issued all the express understanding/condition that in the event of loss or destruction of the documents (including a particular document or part thereof or the whole) deposited for Safe Custody with us due to Dacoity fire or other accident or mishap or any other event oyer which Bank has no control, the Bank shall be under no liability or responsibility in respect thereof. Notwithstanding anything contained hereinabove, the Bank reserves to itself the right of canceling this contract of Deposit by giving a seven days notice in writing to the Depositor and the Depositor shall be required to take back the documents deposited with the Bank within the aforesaid seven days. In case the documents deposited with us, not taken back within the aforesaid time, the Bank shall not be responsible for loss, destruction or damage to the documents kept in safe custody with us.

~~'>."D'I t ~ : 106 & 107,I1'it<! ~ ~~, ~ ~, ~ - 500 029. ~ : (+91-40) 66441722-30, i\;cm : (+91-040) 66441733 """CI1tiilii\ll1ME CentrB: 106 & 107,151 Floor, Mahavir House, Basheerbag~ri5 ~bad-500 029. Tel: (+91-40) 66441722·30. Fax: (+91-40) 66441733

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The firm is advised to submit Form-A {containing the details of the partners, address of the firm etc.,} within 7 days from the date of this letter and also to submit latest Form-A at the time of release of documents.

The Bank shall not act as a Syndicator for identifying the investor and there is no Obligation on the part of the bank to extend any credit facilities to the depositor on the basis of this arrangement.

In case of any legal issue, the firm has to bear all expenses/charges.

Please be advised that this information be considered highly confidential an d unauthorized use or duplication is strictly prohibited.

Bank Swift Code No :lBKLINBB002

For lDBI Bank Ltd.

/

~3\'V'\"

Name : LSubbarayudu

Designation : Asst General Manager

Employee Code: 619086

Authorized Signatory/s

fult 1f« 1R "* ~ : 106 & 107, ~ tffin" ~~. ~ mt, ~ - 500 029. ~ : (+91-40) 66441722-30, ~ : (+91-40) 66441733 City SME Centre: 106 & 107, 1S! Floor, Mahavir House, BasheerbaglP.r~ ~ad~500 029. Tel: (+91-40) 66441722-30. Fax: (+91-40) 66441733

~ ~ ; ~~ ~ ~, ~anf fu, ~~, lIiI1'i m, ~ - 400 005. CIl1 : ~ ~ $r ;:t. : 608OJ16re1116071 W&bslte: www:ldbl.com R~gd. Off. : lOBI Bank: Ltd. lOBI Tower, WTG Complex., Cuffe Parade, Mumbai-400 005. Tel: 22189111,66553355, Fax: 022-22181294 Telegram: "INDBANKINO" Post Bag No. 6080/16061116071 Website: www.ldbi.com