IL&FS Property Management & Services Limited (IPM&SL) was incorporated in 1992 with joint participation of Infrastructure Leasing & Financial Services Limited (IL&FS) and Mahindra & Mahindra Limited for promoting outsourcing of non-core activities of the Corporate Sector The Company was initially incorporated as Mahindra Towers Services Limited (MTSL) and was renamed in 1998 as Integrated Property Management & Services Limited. Subsequently in April 2006, the company became a wholly owned subsidiary of IL&FS with its name changed to IL&FS Property Management & Services Ltd (IPM&SL) Over more than 15 of years of its existence, IPM&SL has become one of the leading property management companies in India. IPM&SL offers end-to-end real estate solutions in the following areas : � Real estate research & advisory � Project management in fit-outs and construction of real estate projects � Transaction advisory and brokerage services to facilitate real estate investments, leases and sales � Facilities management to provide technical and soft services to provide cost effective housekeeping, office support and building management solutions

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