Jaypee Infratech Ltd.

Incorporated in 2007, Jaypee Infratech Limited (JIL) is an Indian infrastructure development company engaged in the development of the Yamuna Expressway and related real estate projects.Jaypee Infratech Limited (JIL) is a part of the Jaypee Group and incorporated as a special purpose company to develop, operate and maintain the Yamuna Expressway in the state of Uttar Pradesh, connecting Noida and Agra. The Yamuna Expressway is a 165-kilometre access-controlled six-lane concrete pavement expressway along the Yamuna river, with the potential to be widened to an eight-lane expressway. The expressway is planned to begin at the existing Noida-Greater Noida Expressway, pass through various proposed SDZs and the proposed Taj International Hub Airport and end at District Agra.The company also has the right to develop 25 million square metres (approximately 6,175 acres) of land along the Yamuna Expressway at five locations for residential, commercial, amusement, industrial and institutional purposes.The Company commenced development of Noida land parcel and are presently developing an aggregate 13.09 million square feet of saleable area across three residential projects, which were approximately 88% sold on a square foot basis as of October 31, 2009. These three projects were launched between November2008 and July 2009 and are expected to be completed by 2012. Through October 31, 2009, their average selling price for property under development was approximately Rs. 3,057 per square foot (including Extra Charges).