Rewrite into 1 short paragraph "Our real estate development activities are principally focused within the MMR, which may be subject to market
conditions and regulatory developments that are different from other real estate markets within India. As of March 31,
2022, all our projects were located within the MMR. As a result, our business, financial condition and results of
operations have been and will continue to be significantly, if not entirely, dependent on the performance of, and the
prevailing conditions affecting, the real estate market in the MMR. The real estate market in the MMR may be affected
by various factors outside our control, including prevailing socio-economic and market conditions, changes in supply of
and demand for real estate developments comparable to our projects, changes in applicable governmental regulations
and related policies, availability of financing for real estate projects and applicable interest rates, change in
demographic trends, employment and income levels, among other factors. The development of real estate projects may
involve a significant time period, and the real estate market is relatively illiquid, which may limit our ability to respond
promptly to changing market conditions. These factors may contribute to fluctuations in real estate prices and adversely
impact the demand for, and valuation of, our Ongoing Projects, which may adversely affect our business, financial
condition and results of operations. For example, due to the COVID-19 pandemic related travel restrictions and
inability to conduct site-visits, sales enquiries from prospective customers that typically follow site-visits, were
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impacted"