AUDITED HISTORICAL METRICS
Performance & Asset Evolution
Multi-year operational and financial trajectory
Portfolio Area (MSF)
Axis (Y): MSF
Micro-Market Focus: High concentration in Mumbai Region (MMR), Hyderabad, Pune, and Chennai with completed area scaling to 27.5 MSF.
AUDITED FINANCIAL DISCLOSURES
Comprehensive Historical Metrics Matrix
Year-over-year operational, valuation and cash flow KPIs
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | 7-Yr Trend / CAGR |
|---|---|---|---|---|---|---|---|
| Total Portfolio Area (MSF) | 29.5 | 31.2 | 31.8 | 32.5 | 33.0 | 33.2 | +12.5% |
| Completed Operating Area (MSF) | 23.8 | 24.2 | 25.1 | 25.8 | 26.5 | 27.5 | +15.5% |
| NAV per Unit (₹) | ₹345.00 | ₹365.00 | ₹374.00 | ₹385.00 | ₹422.50 | ₹527.00 | +52.8% (₹527.00) |
| Annual DPU (₹ / Unit) | ₹9.59 (Maiden) | ₹18.70 | ₹19.10 | ₹19.40 | ₹20.20 | ₹24.30 | ₹111.29 Cumulative |
| Net Operating Income (₹ Cr) | ₹1,350 | ₹1,485 | ₹1,680 | ₹1,850 | ₹2,040 | ₹2,664 | +97.3% |
| Gross Asset Value (GAV ₹ Cr) | ₹23,500 | ₹26,400 | ₹28,200 | ₹30,500 | ₹41,000 | ₹47,635 | +102.7% |
| Committed Occupancy (%) | 90.5% | 85.5% | 87.2% | 88.5% | 90.0% | 91.5% | Recovered to 91.5% |
| WALE (Years) | 6.8 | 6.9 | 7.1 | 7.2 | 7.0 | 7.3 | +0.5 Yrs |
SPONSOR & INSTITUTIONAL GOVERNANCE
Unitholding Pattern
Audited unitholder structure as of June 30, 2026
Sponsor: K Raheja Corp Group
Sponsor & Promoters67.3%K Raheja Corp
Foreign Inst. (FII)12.4%Global PE & Sovereign Funds
Domestic Inst. (DII)8.2%Mutual Funds & Insurers
Public & Retail12.1%HNIs & Retail Investors
Sponsor67%
Category Breakdown
Sponsor & Promoter Group67.3%
Foreign Institutional (FII)12.4%
Domestic Institutional (DII)8.2%
Public & Retail Investors12.1%
PHYSICAL ASSET DIRECTORY
Portfolio Assets Breakdown
Key properties, toll corridors, sub-stations & revenue drivers
| Asset / Property Name | Asset Type | Capacity / Footprint | Occupancy | Key Counterparties / Tenants | GAV Share |
|---|---|---|---|---|---|
Mindspace Airoli East Navi Mumbai (Thane-Belapur Rd) | Office Park | 5.5 MSF | 89% | Accenture, LTI-Mindtree, UBS, Cognizant | 21.5% |
Mindspace Airoli West Navi Mumbai | Office Park | 4.8 MSF | 88% | BNP Paribas, Capgemini, Qualcomm | 16.8% |
Mindspace Madhapur Hyderabad (HITEC City) | Office Park | 12.2 MSF | 94% | Qualcomm, Verizon, Amazon, HSBC, Facebook | 42.0% |
Commerzone Yerwada & Kharadi Pune | Office Park | 3.5 MSF | 95% | UBS, Barclays, Eaton, BNY Mellon | 14.5% |