Please find enclosed Monitoring Agency Report for the quarter ended June 30, 2026.

Godrej Properties Ltd. Godrej One, 5th Floor, Pirojshanagar, Eastern Express Highway, Vikhroli (E), Mwnbai-400 079. India Tel.: +91-22-6169-8500 Fax: +91-22-6169-8888 Website: www .godrejproperties.com CIN: L74120MHI985PLC035308 August 04, 2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400 001 National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, G Block, Bandra Kurla Complex, Bandra (East), Mumbai-400 051 Ref: Godrej Properties Limited BSE - Scrip Code: 533150, Scrip ID -GODREJPROP BSE- Security Code- 974951, 975090, 975091, 975856, 975857, 976000-Debt Segment NSE -GODREJPROP Sub: Monitoring Agency Report with respect to utilization of proceeds raised throueh Qualified Institutional Placement Dear Sir/ Madam, Pursuant to Regulation 17 3A of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and Regulation 32(6) and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the monitoring agency report issued by ICRA Limited, Monitoring Agency, in respect of utilization of proceeds raised through Qualified Institutional Placement by the Company for the quarter ended June 30, 2026. Kindly take the aforesaid on record. Thank you. Yours truly, For Godrej Properties Limited Ashish Karyekar Company Secretary Enclosed as above • PROPERTIES June2026 MONOTORING AGENCYREPORT FORMAT Name of the Issuer:Godrej Properties Limited For quarter ended: June30, 2026 Name of the Monitoring Agency (MA): ICRA Limited (a) Deviation from the objects of the issue: No deviation -the utilization of the issuance proceeds is in line with the objects of the issue. (b) Range of deviation: Not Applicable Declaration: We declare that this report provides an objective view of the utilization of the issue proceeds in relation to the objects ofthe issue based on the information provided by the Issuer and information obtained from sources believed by it to be accurate and reliable. The MA does not perform an audit and undertakes no independent verification of any information/ certifications/ statements it receives. This Report is not intended to create any legally binding obligations on the MA which accepts no responsibility, whatsoever, for loss or damage from the use of the said information. The views and opinions expressed herein do not constitute the opinion of MA to deal inany security of the Issuer in any manner whatsoever. Nothing mentioned in this report is intended to or should be construed as creating a fiduciary relationship between the MA and any issuer or between the agency and any user of this report. The MA and its affiliates also do not act as an expert as defined under Section 2(38) of the Companies Act, 2013. The MA or its affiliates may have credit rating or other commercial transactions with the entity to which the report pertains and may receive separate compensation for its ratings and certain credit related analyses. We confirm that we do not perceive any conflict of interest in such relationship/ interest while monitoring and reporting the utilization of the issue proceeds by the issuer. We have submitted the report herewith in line with the format prescribed by SEBI, capturing our comments, subsequent to the MA submitting their report to the issuer and before dissemination of the report through stock exchanges. Management/Board. Signature: Parul Goyal Narang Vice President & Head-Process Excellence Analyst:Sumana Guha Quality Analyst:Dhwani Vinchhi Sensitivity Label : Public June2026 1. Issuer Details Name of the Issuer: Godrej Properties Limited Name(s) of the promoters: Promoters Godrej Industries Limited Source: BSE Industry/ sector to which it belongs: Real Estate 2. Issue Details Issue Period:Openingdate-November 27, 2024 Closingdate-December 02, 2024 Type of Issue: Qualified Institution Placement Type of specified securities:Equity shares IPO Grading, if any:No credit rating agency registered with SEBI has been appointed in respect of obtaining grading for the offer. Issue Size (Rs. Crore):6,000.000 With OFS portion:Not applicable Excluding OFS portion:Not applicable Net proceeds as per Placement Document:INR 5,915.000Crore(Excluding Issue Related Expenses) Actual Net proceeds:INR 5,921.00Crore* *Revision in Net proceeds is on account of actual offer related expenditure being lower than estimated by INR 6.00Crore Sensitivity Label : Public June2026 3. Details of the arrangement made to ensure the monitoring of issue proceeds Source of information, Comments of certifications considered by Comments of the Particulars Reply the Monitoring Agency for the Monitoring Agency Board of preparation of report Directors -Peer reviewed CA Certificate Revision in Net -Confirmation from proceeds is on Whether all utilization is as per management account of actual the disclosures in the Offer Yes -Bank statement of the offer related Document? proceeds account/ expenditure being corresponding bank account lower than estimated statement by INR 6.00 Crore Whether shareholder approval has been obtained in case of material deviations#from No comments Applicable management expenditures disclosed in the Offer Document? Whether the means of finance for the disclosed objects of the No No comments management issue has changed? Is there any major deviation observed over the earlier No No deviation observed. No comments monitoring agency reports? Whether all Government/ statutory approvals related to the No comments Applicable management object(s) have been obtained? Whether all arrangements pertaining to technical Not No comments assistance/ collaboration are in Applicable management operation? Are there any favorable events As understood from improving the viability of these Applicable management object(s)? management Are there any unfavorable events As understood from affecting the viability of the Applicable management object(s)? management Is there any other relevant As understood from information that may materially affect the decision making of the management management investors? #Where material deviation is defined to mean: (a) Deviation in the objects or purposes for which the funds had been raised (b) Deviation in the amount of funds actually utilized by more than 10% of the amount specified in the offer document Sensitivity Label : Public June2026 4. Details of the object(s) to be monitored (i) Cost of object(s) Source of information, Directors Original certifications cost (as per Revised Comments of considered by Particulars of S.N. Item Head the offer cost the Monitoring Reason Proposed the Monitoring firm document) [Rs. Crore] Agency for cost financing Agency for the arrangements [Rs. Crore] revision option preparation of made report Acquisition of land and/or land Placement 1 5,300.000 5,300.000 No Comments development Document rights Revision in General corporate purposesis on General Placement account of actual 2 corporate 615.000 621.000 Document offer related purposes expenditure being lower than estimated by INR 6.00 Crore Total 5,915.000 5,921.000 Sensitivity Label : Public ICRA June 2026 (ii) Progress in the object(s) Source of I I Comments of the Amount utilized I information, Amount as Issuer's Board of [Rs. Crore] Total certifications proposed in Comments of the Directors unutilized S.N. Item Head* considered by the the offer Monitoring As at the During At the end amount Reasons Proposed Monitoring Agency document Agency beginning of the ofthe [Rs. Crore] for idle course of for the preparation of [Rs. Crore] the quarter quarter quarter funds action report -Placement document -Peer reviewed CA Acquisition of certificate land and/or land 1 -Bank Statement of 5,300.000 4,434.351 - 4,434.351 865.649 No Comments development the proceeds account/ rights corresponding bank account statements Revision in General corporate purposes is on General account of actual 621.000 2 corporate Same as above - - - 621.000 offer related [Showing first 8,000 characters — download PDF for full document]