Q3FY24 Operating Highlights

2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 60 50 40 30 20 10 20 1950 1960 1970 1980 Large no of educated workforce added every year Total placements from AICTE approved institutes (in '000s) 2020 2030 2040 2050 Strong affordability drives conversion of housing need to demand Rapid urbanization to create need for quality urban housing India Urbanization (%) Family nuclearization Urban Household size No of students graduating every year from AICTE affiliated colleges: ~1.5mn 4.6x 4.4x 4.1x 796 802 825 3.8x 804 3.7x 739 674 702 723 716 3.5x 3.3x 3.3x 613 3.2x 3.2x 560 As long a housing price growth is slightly below white collar salary growth, housing demand will sustainably grow LODHA Source: United Nations, India Census, AICTE, HDFC BUILDING A BETTER LIFE Note: 'Affordability index is the ratio of property price to annual income 13 4.0 1981 5.6 5.2 4.8 4.4 1991 Improved affordability to support demand Affordability ratio¹ 2001 2011 2021E 2026E

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