OFFICE RENTAL INSIGHT

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1 INDIA BENGALURU (BANGALORE) APRIL 214 %Change CBD % % Bannerghatta Road % 8% Outer Ring Road % 3% EPIP Zone/ % 16% Average Rental Trend for Grade A properties Electronic City % -7% 1 Hosur Road % % Note: 1 US$= INR (Average: 1st Jan - 31st Mar,214) Above table represents rental range of Grade A IT/ITeS building only Above graph represent rental trends of Grade A IT/ITeS building only Morgan Stanley RMZ Eco World 15, ORR 1 Supply, Absorption & Vacancy Trends 215F 2% Time Analytics RMZ Eco World 15, ORR 8. 1 Hindustan Coco-Cola Beverages HSBC Syniverse Time Warner Bros Brigade Magnum 88, Hebbal Sale Bagmane Tech Embassy Tech Square 92, CV Raman Nagar 12, ORR Pritech 1, ORR % % Note: Above table represents indicative transactions concluded during 1Q214 Joe Verghese Managing Director Yogesh Bheemaiah joe.verghese@colliers.com yogesh.bheemaiah@colliers.com surabhi.arora@colliers.com Copyright All Rights Reserved.

2 INDIA CHENNAI APRIL 214 (Rental Per Sq.Ft/Month) 6 CBD % % 5 Guindy (SBD) % % 4 GST Road % % OMR (IT Corridor) % 8% Ambattur % % Note: 1 US$= INR (Average: 1st Jan - 31st Mar, 214) Apollo Hospitals Sunny Side 14,6 Road 1 1 Supply, Absorption and Vacancy Trends 2 2% N Trust Rajeha Towers 2, Annasalai Sale Telebuy Prince Info 24, Ambattur TVS Logistics Karunai Kudil 12,55 Nungambakkam Vertex Rayala Tower 11,195 Annasalai % Yash Technologies Jayanth Tech 14,2 Ramavaram % Above table represents indicative transactions concluded during 1Q 214. Kaushik Reddy kaushik.reddy@colliers.com surabhi.arora@colliers.com Copyright All Rights Reserved.

3 INDIA MUMBAI APRIL 214 CBD % % BKC % 1% Worli/Prabhadevi % % Kalina % % Lower Parel % % Powai % % Andheri East % % Goregaon / JVLR % 1% Malad % 1% Navi Mumbai % 1% Thane/ LBS % 1% Note: 1 US$= INR (Average: 1st Jan - 31st Mar,214) Client Building Name Area 16. Supply, Absorptionn and Vacancy Trends 2% Adcock Ingram Ithink 15,19 Thane Danone Locon Solutions Phoenix Market City Reliable Tech 18, Kurla (W) 18,5 Airoli PWC BG House 12, Powai Regus Birla Aurora 12, Worli % 14% 11% 8% 2% Siva Shipping Peninsula Corp 7, Lower Parel (W) -1% Above table represents indicative transactions during 1Q 214. For research related queries contact: George McKay Vikas Kalia george.mckay@colliers.com vikas.kalia@colliers.com surabhi.arora@colliers.com Copyright All Rights Reserved.

4 INDIA NCR APRIL 214 Micro Market INR US $ DELHI GURGAON NOIDA (Q-o-Q) (Y-o-Y) Connaught Place % -12% Nehru Place % 8% Saket % 2% Jasola % -7% MG Road % -4% Golf Course Road % 18% NH % % DLF Cyber City % Golf Course Rd Ext/Sohna Rd % 2% Commercial Sectors* % Institutional Sectors** % Industrial Sectors*** % * Sector 18 **Sector 16A, 62, ***Sector 124, 57-6, Note: 1 US$= INR (Average: 1st Jan - 31st Mar,214) Delhi Gurgaon NOIDA Average rental trends in INR Per Sq.Ft./Month Moser Baer Okhla Ph-3 7, Delhi /Sale 1 Supply, Absoprtion and Vacancy Trends F 2 15 F 2 VFS Global Bharti World Mark 7, Delhi Sale % InterGlobe Enterprises DLF Corporate Building 3B 37, Gurgaon Sale 6. 1 Coke Hines One Horizon 6, Gurgaon 4. 1% Media Tek S B Tower 3, NOIDA RDB Insurance A-31 18, NOIDA New Supply (In MN SF) Absorption (In MN SF) Vacancy (In %) % Above table represents indicative transactions during 1Q 214. For Office Services related queries, contact: Ajay Rakheja Director Office Services ajay.rakheja@colliers.com surabhi.arora@colliers.com Copyright All Rights Reserved.

5 INDIA PUNE APRIL 214 %Change Baner % % Bund Garden % -12% Airport Road % -2% Aundh % 9% Senapati Bapat Road % -1% Bavdhan % -2% Kalyani Nagar % % Nagar Road % 11% Hinjewadi % 7% Average Rental Trend for Grade A properties Hadapsar/Fursungi % 8% Kharadi % 18% Note: 1 US$= INR (Average: 1st Jan - 31st Mar,214) Above table represents rental range of Grade A IT/ITeS building only Above graph represent rental trends of Grade A IT/ITeS building only (in Sq.Ft) / Sale Emerson India Vascon Matrix 3, Wakdewadi 1 1 Supply, Absorption & Vacancy Trends 3% 2 BMC Business Bay 251, Yerwada 8. 2% Compucom Software S P Infocity 45, Phursungi 6. 1 Fundtech AG Trade Center 87, Bavhdan 4. 1% Gallaghar Giga Space Delta 2 34,9 Viman Nagar Yardi Vascon Matrix 44, Wakdewadi % Note: Above table represents indicative transactions concluded during 1Q214 Rishav Vij rishav.vij@colliers.com surabhi.arora@colliers.com Copyright All Rights Reserved.

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