The primary objective is to focus on development projects in the housing, commercial and industrial sectors. Investments in built-up property (either vacant or on lease) and trading in property assets will be on a lower priority and will be undertaken on an opportunistic basis. An illustrative but not exhaustive list of prospective investments could include:

	Investment in projects relating to residential development & integrated townships;
	Investment in malls & commercial complexes;
	Investment in projects including IT/IT enabled services, software parks, industrial parks;
	Investment in hotel and service apartment projects;
	Providing development expertise and capital on leaseback deals;
	Acquisition and development of land held by sick companies and by financial institutions;
	Acquisition and sale of leased or vacant property;
	Any mix of the above.

The geographic footprint shall cover the entire country of India but with a special focus on Class B towns with high growth potential.

This overall investment strategy will be tempered and restrained by the prevailing Foreign Direct Investment Regulations of the Government of India as prevailing from time to time and as may be applicable to the specific Fund within the Solitaire Capital umbrella.