GCCL CONSTRUCTION AND REALITIES LIMITED ANNUAL REPORT 2004-2005 CHAIRMAN'S REPORT Chairman's Message Dear Shareholders, Introducing the ultimate concept in the world of Construction High Performance Buildings (HPB's) SHANTI-GRAM We take great pleasure in introducing to you Shanti-Gram, a unique, unrivalled, one-of-its kind Residential Township and Industrial Park. Why exactly does it deserve the title 'High Performance Building'? Because these are the first projects of their size in Ahmedabad to adopt state-of- art international standards for responsible construction processes, efficiency, indoor environmental quality, sustainable materials, energy conservation and operating & maintenance procedures. These projects are being designed to set higher standards for building efficiency than seen ever before in Ahmedabad. A unique holistic design process will give shape to this 2,78,000 sq. mtrs veritable project of excellence, style & standard. Ultra-modern architectural concepts, aesthetically designed homes and sprawling parking space, along with a wide & extensive road network, multiple entries, efficient lighting & earthquake resistant construction are only some of the many unique features the Township and Industrial Park will tastefully & elegantly exhibit. Offering a living space and environment like never before, Shanti-Gram is without doubt, the Model Industrial & Housing Township of the Future ! Yours Sincerely, Chairman