MGF Developments Limited

MGF Developments Limited ("MGF") was incorporated on September 16, 1996 under the laws of India. The principal activity of MGF is leasing, hire purchase and real estate development.

MGF, incorporated in 1996, is engaged in the field of retail real estate development in Northern India. It is currently one of the leading shopping mall developers in Northern India, with approximately 2 million square feet of retail space delivered and approximately 3 million square feet of retail space and above 1 million square feet of residential space under development. Some of MGF's completed projects include The Metropolitan, The Plaza, Megacity Mall and The Villas in Gurgaon, the City Square Mall in West Delhi, MGF Metropolitan Mall in South Delhi and MGF Metropolitan Mall in Jaipur.