| Commercial Real Estate Development | Development and leasing of Grade A office spaces and commercial parks. | Strong brand, established tenant base, strategic locations, and asset control via SPVs. | Primarily B2B; multinational and domestic corporate clients in IT/ITeS and other sectors. | Premium office spaces in prime locations with stable occupancy. | 2604 | 98 | Lease rentals from long-term tenants in commercial office buildings. | Leasing agreements with recurring monthly or annual rent revenues under long-term contracts. | Increased office space demand, redevelopment initiatives, and acquiring new commercial assets. | Mindspace, Commerzone |
| Power distribution | Electricity distribution ancillary to core real estate operations. | Integrated infrastructure support enhancing property value and tenant satisfaction. | Internal commercial campuses and related property units (B2B). | Operational efficiencies in power management within commercial parks. | 143 | 2 | Service income from power distribution to properties under management. | Operational service revenues, ancillary to primary leasing business. | Supporting infrastructure demand with real estate development growth. | |
