Vision 2033

B-RIGHT REALESTATE LIMITED CIN: L70100MH2007PLC282631 August 14, 2026 The Listing Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 Dear Sir/Madam, Scrip Code-543543 Sub.: Vision 2033 of B-Right Realestate Limited. Ref.: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations") Pursuant to provisions of Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we hereby submit Vision 2033 of M/s. B-Right Realestate Limited. You are requested to take the same on record. Thanking you, Yours faithfully, For B-Right Realestate Limited CS Bhagyashree Mehadia Company Secretary & Compliance Officer ACS: 77087 Place: Mumbai A N N U A L C O R P O R A T E G A T H E R I N G 1 4 A U G U S T 2 0 2 6 · M U M B A I Mumbai doesn't need more buildings. V I S I O N 2 0 3 3 0 1 / 2 4 W H Y R E D E V E L O P M E N T Mumbai needs better neighbourhoods. V I S I O N 2 0 3 3 0 2 / 2 4 0 3 W H Y M U M B A I B - R I G H T R E A L E S T A T E 0 1 0 2 A city rebuilding Infrastructure is reshaping where value is created Mobility is redefining premium locations A decade of public capital reshaping how the city New corridors redrawing the map of where premium itself, from the connects and moves. living makes sense. ground up. 0 3 0 4 Connectivity is compressing distance Land is Mumbai's most finite resource. For the first time in decades, The western seafront transformed, unlocking value across Sustained demand pressing against a finite, constrained infrastructure investment, ageing neighbourhoods. island city. housing stock, and evolving lifestyle expectations are converging. 0 5 0 6 Together, they are reshaping not just Homebuyers expect more than space. Redevelopment is no longer optional how Mumbai grows, but how it renews A discerning buyer seeking design, ammenties and The only path to renew the city without expanding its itself. permanence. footprint. V I S I O N 2 0 3 3 0 3 / 2 4 0 4 T H E R E D E V E L O P M E N T O P P O R T U N I T Y B - R I G H T R E A L E S T A T E Redevelopment is the defining opportunity of the next decade. Mumbai's future will not be built on its edges. It will be rebuilt at its centre thousands of ageing societies, on land that can never be replaced, through thoughtful redevelopment led by patient, disciplined execution. 20,000+ Decades Finite ELIGIBLE SOCIETIES OF REDEVELOPMENT LAND ON A CONSTRAINED ACROSS MUMBAI RUNWAY AHEAD ISLAND CITY V I S I O N 2 0 3 3 0 4 / 2 4 ¹ Source: CREDAI-MCHI, reported by Hindustan Times, April 2025. 0 5 T H E N E X T G E N E R A T I O N P L A T F O R M B - R I G H T R E A L E S T A T E Traditional developers build projects. Institutional platforms build communities. V I S I O N 2 0 3 3 0 5 / 2 4 0 6 I N T R O D U C I N G B - R I G H T B - R I G H T R E A L E S T A T E A L I S T E D M U M B A I R E D E V E L O P M E N T P L A T F O R M Crafting Spaces. Building the next Mumbai through Creating Legacies. thoughtful redevelopment. S T R U C T U R E F O C U S B-Right is a listed Mumbai redevelopment platform built as Listed. Governed. Transparent. Urban Redevelopment an institution, not a project house. We create long-term value through disciplined execution, thoughtful M A R K E T M A N D A T E redevelopment and long-term urban renewal. Mumbai Long-Term Urban Renewal V I S I O N 2 0 3 3 0 6 / 2 4 0 7 B U S I N E S S M O D E L B - R I G H T R E A L E S T A T E Build more than we owe. Sell the difference. 0 1 0 2 Free-Sale Area Incentive FSI (SRA) P R O J E C T E C O N O M I C S Saleable area above what residents are owed, sold at Government-sanctioned additional floor space under SRA market rate the core revenue line on every project. schemes, monetised as incremental free-sale inventory. Rehab area — returned to residents, no revenue 0 3 0 4 Free-sale area — sold, drives revenue Joint Development Partnership PTC Solutions Indicative split, varies by scheme type A share of project value earned through joint development Beyond conventional redevelopment, we've built one of and sanctioned FSI. partnerships, where we provide capital, execution, and Mumbai's leading PTC banking capabilities, enabling development expertise. partner developers to unlock additional FSI. V I S I O N 2 0 3 3 0 7 / 2 4 0 8 O U R O P E R A T I N G S Y S T E M B - R I G H T R E A L E S T A T E Discipline creates 01 02 Land Financial Discipline Sourcing and assembling redevelopment opportunities. Disciplined project cashflow management. the edge. 03 04 Design Approvals Design-led development. Navigating complex approvals. Each capability creates value. 05 06 Execution Delivery Together, they form a Construction held to programme. Delivering what was promised. disciplined operating platform 07 08 Governance Repeatability that is difficult to replicate. Transparency as an operating standard. A system that compounds with each project. V I S I O N 2 0 3 3 0 8 / 2 4 0 9 E X E C U T I O N T R A C K R E C O R D B - R I G H T R E A L E S T A T E Built, not projected. CURRENT PORTFOLIO POSITION 09 21 18 PROJECTS UNDER PROJECTS IN NEIGHBOURHOODS PROJECTS DELIVERED EXECUTION ADVANCED PIPELINE ACROSS MUMBAI REVENUE 68Cr 35Cr 177Cr FY26 EBITDA · 40% FY26 NET PROFIT NET WORTH MARGIN FY24 FY25 FY26 41 Cr 103 Cr 168Cr V I S I O N 2 0 3 3 0 9 / 2 4 ¹ Figures reflect internal financial statements for FY2025–26 and are subject to periodic updates. 1 0 T H E F L A G S H I P M A L A D E A S T · M U M B A I SKY54 The fullest expression of how B-Right builds. Ultra-Luxury Living 1 1 T H E F L A G S H I P . Q U A N T I F I E D . B - R I G H T R E A L E S T A T E The flagship, by the numbers. Malad East — the fullest expression of the model, and the single largest project in the portfolio. S K Y 5 4 · S H A R E O F P O R T F O L I O D E V E L O P M E N T 650,000 sq. ft. 50,000 sq. ft. V A L U E One of the largest developments currently under Largest dedicated amenity programme across the execution within the platform. current portfolio. SKY54 — ₹1,950Cr Rest of portfolio — ₹10,152Cr ₹1,950Cr 16% of platform Estimated gross development value. Of today's contracted platform development value. Anchor of the Malad–Goregaon cluster the platform's flagship growth corridor. V I S I O N 2 0 3 3 1 1 / 2 4 1 2 P L A T F O R M E X P A N S I O N B - R I G H T R E A L E S T A T E The Next Scale Chapter Grandeur represents the next phase of B-Right's platform expansion. As one of the largest redevelopment opportunities in the portfolio, it reinforces B-Right's ability to execute redevelopment projects at institutional scale. G R A N D E U R M U L U N D W E S T S I G N A T U R E D E V E L O P M E N T 838,000 sq. ft. ₹2,095Cr S A L E A B L E A R E A G R O S S D E V E L O P M E N T V A L U E V I S I O N 2 0 3 3 1 2 / 2 4 1 3 M O M E N T U M A C R O S S T H E P O R T F O L I O B - R I G H T R E A L E S T A T E A portfolio taking shape across Mumbai. Four projects now advancing from consent into construction. Luxorica Ambika Nagar Nirvana Safalya MALAD WEST · REDEVELOPMENT JOGESHWARI EAST · PTC MALAD EAST · REDEVELOPMENT ANDHERI WEST · REDEVELOPMENT ~ 58,620 sq. ft. saleable ~ 6,02,784 sq. ft. saleable ~ 12,334 sq. ft. saleable ~ 70,032 sq. ft. saleable V I S I O N 2 0 3 3 1 3 / 2 4 1 4 L A U N C H P I P E L I N E B - R I G H T R E A L E S T A T E Launching in the next two quarters. Four redevelopment launches extending the platform into its next phase of growth. Meraki Ultra tower Oscar Sharda JOGESHWARI WEST · REDEVELOPMENT DADAR WEST · REDEVELOPMENT ANDHERI WEST · REDEVELOPMENT DAHISAR EAST · REDEVELOPMENT ~ 44,896 sq. ft. saleable ~ 42,668 sq. ft. saleable ~20,899 sq. ft. saleable ~ 62,946 sq. ft. saleable V I S I O N 2 0 3 3 1 4 / 2 4 1 5 P O R T F O L I O M A P B - R I G H T R E A L E S T A T E Growing where it matters most. Our projects are concentrated across Mumbai's most active redevelopment corridors, allowing [Showing first 8,000 characters — download PDF for full document]