EX-4.25

Exhibit 4.25

Portions of this exhibit have been omitted pursuant to Item 601(b)(10)(iv) of Regulation S-K on the basis that the registrant customarily and actually treats that information as private or confidential and the omitted information is not material. Information that has been omitted has been noted in this document with a placeholder identified by the mark “[***]”.

ADDENDUM TO THE LEASE DEED

This addendum dated 17th February 2026 (“this Addendum”) to the lease deed dated 17th February 2026 (“Lease Deed”) is made at Gurugram.

BETWEEN

M/s DLF Cyber City Developers Limited, a company incorporated under the Companies Act, 1956 (including any statutory modification or re-enactment thereof) and having its registered office at 10th Floor, DLF Gateway Tower, DLF City Phase – III, Gurgaon, Haryana - 122002, Haryana (hereinafter referred to as “THE LESSOR” which expression shall, unless it be repugnant to the context or meaning thereof, be deemed to mean and include its successors, transferees, nominees and assigns) acting through its authorized signatories, Mr. [***] and Mr. [***] duly authorized vide board resolution dated 19th July 2023 of the First Part.

AND

M/s MakeMyTrip (India) Private Limited, a company incorporated under the Companies Act, 1956 (including any statutory modification or re-enactment thereof) and having its registered office at 19th Floor, Tower A/B/C Epitome Building No. 5, DLF Cyber City, DLF Phase -3, Gurgaon, Haryana – 122002 (hereinafter referred to as “THE LESSEE” which expression, shall unless it be repugnant to the context or meaning thereof, be deemed to mean and include its successors) having Permanent Account Number (PAN) [***] and Tax Deduction and Collection Account Number (TAN) [***] acting through its authorized signatory Mr. [***] duly authorized vide Letter of Authority dated 3rd January 2022 read with Board Resolution dated 8th January 2021 of the Second Part.

(Both THE LESSOR and THE LESSEE, wherever the context permits, are collectively referred to as the “Parties” and individually as the “Party”).

Capitalised words and expressions not defined herein shall have the meaning ascribed to them in the Lease Deed.

WHEREAS THE LESSEE and THE LESSOR have executed the Lease Deed in respect of super area admeasuring 1,18,968 sq. ft. (11052.333 sq. mtrs.) located on 19th Floor, Tower – A, B and C, DLF Building No. 05, DLF Cyber City, Gurgaon-122002, Haryana (hereinafter referred to as the “Demised Premises”).

AND WHEREAS upon request of THE LESSEE, THE LESSOR has agreed to carry out certain amendments/ additions/ modifications to the Lease Deed to give effect to the understanding which is recorded in this Addendum.

NOW THIS ADDENDUM WITNESSETH AS UNDER:

That this Addendum, upon execution, shall form an integral part of the Lease Deed. The contents hereof shall be effective from the date the Lease Deed becomes effective and shall be coterminous with the Lease Deed.

That it has been agreed between the Parties to cause the following amendments/ additions/ modifications to the Lease Deed in the manner as provided hereunder:

2.1.

That Recital B of the Lease Deed stands substituted with the following Recital and accordingly, Recital B reads as under:


“B.	After due inspection and verification of Said Plot, Said Complex, Said Building and Demised Premises and after considering the offer of THE LESSOR to share all approvals and sanctions including approved building plans, documents relating to title, competency and all other relevant details, THE LESSEE is entering into this Lease Deed.”

2.2.

That Clause 1(A) of the Lease Deed stands modified to the effect that that the definition of “Business Operations” stands added before the definition of “Car Parking Charges and accordingly, the definition of “Business Operations” reads as under:

“Business Operations shall mean business activities relating to information technology / information technology enabled services, carried out by THE LESSEE from the Demised Premises as per the Laws.”

2.3.

That Clause 1(A) of the Lease Deed stands modified to the effect that the definition of “Undisputed Amount(s)” stands added after the definition of “TDS” and accordingly, the definition of “Undisputed Amount(s) reads as under:

“Undisputed Amount(s) shall mean all amounts jointly and severally, as set forth in Annexure C – I¸ which are payable by THE LESSEE in terms of the Lease Deed, and additionally shall include such other amounts, that the parties agree are payable under this Lease Deed.”

2.4.

That Clause 2 of the Lease Deed stands substituted with the following clause and accordingly, Clause 2 reads as under:

     “2.

     THE LESSOR hereby agrees to grant Demised Premises on Lease to THE LESSEE and THE LESSEE agrees to take Demised Premises on lease from THE LESSOR for Lease Term.” 
During Lease Term, THE LESSEE shall have the right to use car parking spaces, as provided in Annexure T – III, in terms of this Lease Deed. Further, THE LESSEE shall also have the right to use common areas, facilities, and amenities including areas in basement / stilt reserved for ingress / egress and common circulation in Said Building / Said Complex / Said Plot along with other lessees / occupants in Said Building / Said Complex, as per terms and conditions of this Lease Deed. 
THE LESSEE agrees and undertakes that it shall only conduct the Business Operations from Demised Premises which is in accordance with Laws.”

2.5.

That Clause 4.5 of the Lease Deed stands substituted with the following Clause and accordingly, Clause 4.5 of the Lease Deed reads as under:


“4.5.	Notwithstanding other rights of THE LESSOR, all delayed payments under this Lease Deed in respect of Undisputed Amount(s) shall carry an interest, at DPI Rate, from Due Date till the date the payments are realized by THE LESSOR.”

2.6.

That Clause 5.4 of the Lease Deed stands substituted with the following clause and accordingly, Clause 5.4 of the Lease Deed reads as under:

     “5.4.

     Security Deposits shall be the amounts kept with THE LESSOR or its nominee(s) / assign(s) to secure the due performance of obligations including payments of all dues in respect of Undisputed Amount(s) by THE LESSEE under this Lease Deed. THE LESSOR shall be entitled, at any time, to utilize and make deduction(s) from Security Deposits of the Undisputed Amount(s), and TDS (if any), which in the opinion of THE LESSOR, is / are equivalent to the outstanding dues of THE LESSEE in accordance with the terms of this Lease Deed. THE LESSEE shall be required to forthwith replenish Security Deposits to the full amount upon any deduction(s) made by THE LESSOR under any provision of this Lease Deed. 
THE LESSOR shall provide to THE LESSEE the statement of the outstanding dues payable by THE LESSEE, if any, and other estimated charges payable under this Lease Deed, supported with relevant documents, five (05) days prior to the expiry of Lease Term / Lease Renewal Term, if any, and THE LESSEE undertakes to pay the aforesaid Undisputed Amount(s) and TDS (if any), not later than the date of expiry / earlier termination of this Lease Deed and provide TDS certificates within the requisite time period as provided under the Income Tax Act, 1961 and the rules framed thereunder.  
Simultaneously to the expiry / earlier termination of this Lease Deed and upon THE LESSEE surrendering peaceful, vacant and physical possession of Demised Premises in as good condition as it was in at the time when THE LESSEE was handed over Demised Premises for interior fit-out works

      
     (reasonable wear and tear excepted), subject to THE LESSEE making payment of any and all outstanding dues, in respect of the Undisputed Amount(s) and TDS (if any) during the Lease Term or Lease Renewal Term, if any, separately to THE LESSOR, THE LESSOR shall be entitled to withhold Security Deposits equivalent to one month’s last payable Monthly Rent, for making good any loss or damage or permitted to be caused to THE LESSOR or Demised Premises by THE LESSEE. However, if such expense incurred exceeds the amounts withheld by THE LESSOR, THE LESSEE shall pay the balance amount to THE LESSOR immediately as and when demanded by THE LESSOR. Subject to the foregoing, THE LESSOR or its nominee(s) / assign(s) shall refund Security Deposits as mentioned above to THE LESSEE without any interest thereon.  
However, such refund shall be subject to adjustment or deduction of dues with respect to TDS (if any) and outstanding dues, penalties, claims for damages (if any) under this Lease Deed if the same are not paid by THE LESSEE.”

2.7.

That Clause 6.3 of the Lease Deed stands substituted with the following clause and accordingly, Clause 6.3 of the Lease Deed reads as under:


“6.3.	Taxes for Demised Premises shall be paid / reimbursed by THE LESSEE to THE LESSOR within Seven (07) days of the date of invoice/ demand raised / made by THE LESSOR, giving details thereof duly supported with all the documents.”

2.8.

That Clause 7.6 of the Lease Deed stands substituted with the following clause and accordingly, Clause 7.6 of the Lease Deed reads as under:

     “7.6.

     After completion of a financial year (i.e. from 1st April of a calendar year to 31st March of the next calendar year), THE LESSOR or its nominee(s) / assign(s) / appointed contractor(s) / appointed agency(ies) / third party service provider(s) will provide THE LESSEE, within six months, a certificate of charges / expenses / expenditures towards Maintenance Charges incurred during such financial year from a third party auditor appointed by THE LESSOR, who shall certify that such Maintenance Charges are levied uniformly with respect to the Said Building.
Any under-recovery by THE LESSOR or its nominee(s) / assign(s) / appointed contractor(s) / appointed agency(ies) / third party service provider(s) shall become payable by THE LESSEE to THE LESSOR or its nominee(s) / assign(s) / appointed contractor(s) / appointed agency(ies) / third party service provider(s) and any over-recovery by THE LESSOR or its nominee(s) / assign(s) / appointed contractor(s) / appointed agency(ies) / third party service provider(s) shall become refundable by THE LESSOR or its nominee(s) / assign(s) / appointed contractor(s) / appointed agency(ies) / third party service provider(s) to THE LESSEE. Any under-recovery by THE LESSOR shall be recovered by raising the invoice / demand in this regard. Any refund to the LESSEE on account of over-recovery shall be refunded / adjusted within Thirty (30) days of providing such third party auditor certificate and issuance of credit / debit note (as applicable).”

2.9.

That Clause 11.1.1 of the Lease Deed stands substituted with the following clause and accordingly, Clause 11.1.1 reads as under:

     “11.1.1.

     Subject to availability and subject to THE LESSEE seeking prior written permission (which permission shall not be unreasonably withheld), THE LESSOR or its nominee(s) / assign(s) / appointed contractor(s) / appointed agency(ies) / third party service provider(s) may allow THE LESSEE to put Façade Signage at such location / space which may be earmarked for the purpose. The size, specification, location, aesthetics etc. of Façade Signage shall be approved by THE LESSOR or its nominee(s) / assign(s) / appointed contractor(s) / appointed agency(ies)  / third party service provider(s) before its installation.”

2.10.

That Clause 11.2 of the Lease Deed stands substituted with the following clause and accordingly, Clause 11.2 of the Lease Deed reads as under:


“11.2.	Subject to availability and subject to THE LESSEE seeking prior written permission (which permission shall not be unreasonably withheld), THE

      
     LESSOR or its nominee(s) / assign(s) / appointed contractor(s) / appointed agency(ies) / third party service provider(s) may shall allow THE LESSEE to put directional signage / name / logo at such location / space which may be earmarked for the purpose. The size, specification, location, aesthetics etc. of the directional signage/ name/ logo shall be approved by THE LESSOR or its nominee(s) / assign(s) / appointed contractor(s) / appointed agency(ies) / third party service provider(s) before its installation.”

2.11.

That Clause 23.1.5 of the Lease Deed stands substituted with the following clause and accordingly, Clause 23.1.5 of the Lease Deed reads as under:

     “23.1.5.

     If Demised Premises is closed / shut by THE LESSEE during business hours for 7 consecutive days without prior written notice to THE LESSOR and there is apprehension or threat to the safety and security of Demised Premises, Said Building / Said Complex or other occupants of Said Building / Said Complex, then THE LESSEE authorizes THE LESSOR to enter Demised Premises and take possession thereof. Any such action by THE LESSOR shall be without any prejudice to THE LESSOR’s right to claim its dues or avail other remedies available to THE LESSOR. However, during the period Demised Premises remains closed / shut, THE LESSEE shall not be absolved of its responsibilities to ensure that there is no risk to the safety and security of Demised Premises / Said Building / Said Complex or other occupants / visitors of Said Building / Said Complex.”

2.12.

That Clause 24.1 of the Lease Deed stands substituted with the following clause and accordingly, Clause 24.1 of the Lease Deed reads as under:


“24.1.	THE LESSEE is entitled to conduct only the Business Operations from Demised Premises which is in accordance with Laws and the license(s). THE LESSEE agrees and undertakes that it shall not use Demised Premises for purposes other than as mentioned hereinbefore.”

2.13.

That Clause 24.4 of the Lease Deed stands substituted with the following clause and accordingly, Clause 24.4 of the Lease Deed reads as under:

     “24.4.

     In the event, THE LESSEE merges / amalgamates / consolidates / transfers its assets and liabilities with / to any entity on account of any merger / amalgamation / consolidation of THE LESSEE, the THE LESSOR may, at its discretion, terminate the Lease Deed and in case of such termination, THE LESSOR shall enter into a fresh lease deed on the same terms and conditions of the Lease Deed and such other document(s) with new entity / transferee as may be required, provided the resultant entity / transferee is not a competitor of THE LESSOR or is not an entity blacklisted by THE LESSOR.”

2.14.

That Clause 27 of the Lease Deed stands substituted with the following Clause and accordingly, Clause 27 of the Lease Deed reads as under:

     “27.

     THE LESSOR shall allow during the term of this Lease Deed, peaceful enjoyment of Demised Premises to THE LESSEE, subject to THE LESSEE performing all its obligations under this Lease Deed.
Except for any force majeure event, if the Demised Premises becomes uninhabitable and unusable due to reasons directly attributable to THE LESSOR for 15 consecutive days, THE LESSOR shall rectify such default within a reasonable time period from the date of receipt of THE LESSEE’s written notice.
On failure of THE LESSOR to rectify the default within a reasonable time period, THE LESSEE shall be entitled to terminate the Lease Deed.
Further, THE LESSEE may seek THE LESSOR to buy out the fit-outs in the Demised Premises and THE LESSOR shall purchase the said fit-outs at the depreciated value of the said fit-outs, calculated on a straight line basis for the Lease Term of the Lease Deed. The foregoing constitutes THE LESSEE’s sole right and THE LESSOR’s sole obligation in this regard.”

    

2.15.

That Clause 31.1 (i) of the Lease Deed stands substituted with the following clause and accordingly, Clause 31.1 (i) of the Lease Deed reads as under:

     “31.1(i)

     Failure by THE LESSEE to comply with Laws and / or guidelines of THE LESSOR with respect to safety / security / fire safety. Safety of all occupants of Said Building / Said Complex and that of the Said Building / Said Complex itself are of paramount importance and THE LESSEE will perform all acts and deeds necessary for complying with all safety requirements. 
Upon any such failure of THE LESSEE to comply with the aforesaid requirements, THE LESSOR shall by notice to THE LESSEE give 30 days to THE LESSEE to rectify the default (“Cure Period”). During the Cure Period, THE LESSEE shall not operate from such portion of Demised Premises as is affected by the default till the time such default is rectified and it shall remain the responsibility of THE LESSEE to ensure that such default poses no risk to safety and security of Demised Premises, Said Building or other occupants/visitors of Said Building. On failure of THE LESSEE to rectify the default within the Cure Period, this Lease Deed shall stand terminated forthwith on the expiry of the Cure Period and THE LESSOR will be entitled to re-enter and take possession of Demised Premises without any prejudice to THE LESSOR’s right to claim its dues and / or avail other remedies available to THE LESSOR.”

2.16.

That contents of Clause 31.1 (ii) of the Lease Deed stands substituted with the words “NOT USED” and accordingly, Clause 31.1 (ii) of the Lease Deed reads as under:


“31.1 (ii)	NOT USED”

2.17.

That contents of Clause 31.1 (iii) of the Lease Deed stands substituted with the following clause and accordingly, Clause 31.1 (iii) of the Lease Deed reads as under:


“31.1 (iii)	Failure by THE LESSEE to make payments of Undisputed Amount(s) within the time stipulated in this Lease Deed and where such payments remain outstanding for a period of Sixty (60) days from the Due Date, and all other defaults of similar nature including dishonour of any cheque(s) given by THE LESSEE to THE LESSOR for any reason whatsoever.”

2.18.

That the contents of Clause 31.1 (vii) of the Lease Deed stands substituted with the words “NOT USED” and accordingly, Clause 31.1 (vii) of the Lease Deed reads as under:


“31.1 (vii)	NOT USED”

2.19.

That Clause 31.1(ix) of the Lease Deed stands substituted with the following clause and accordingly, 31.1 (ix) reads as under:


“31.1 (ix)	In the event THE LESSEE carries on and / or conducts any business from Demised Premises other than the Business Operations which is in accordance with Laws”

2.20.

That the contents of 31.1 (x) of the Lease Deed stands substituted with the words “NOT USED” and accordingly, Clause 31.1 (x) of the Lease Deed reads as under:


“31.1 (x)	NOT USED.”

2.21.

That the contents of 31.1 (xii) of the Lease Deed stands substituted with the words “NOT USED” and accordingly, Clause 31.1 (xii) of the Lease Deed reads as under:


“31.1 (xii)	NOT USED”

2.22.

That Clause 31.2 of the Lease Deed stands substituted with the following clause and accordingly, Clause 31.2 of the Lease Deed reads as under:

     “31.2.

     Except for the events of default wherein termination has been specifically provided in this Lease Deed, upon occurrence of any one or more of other event(s) of default under this Lease Deed including but not limited to those provided in clause 31.1 above, THE LESSOR shall by written notice to THE LESSEE give Thirty (30) days to THE LESSEE to rectify the default. If THE LESSEE rectifies the default within the 30 days so provided, this Lease Deed shall stand terminated on expiry of said Thirty (30) days and THE LESSOR will be entitled to re-enter and take possession of Demised Premises without

      
     any prejudice to THE LESSOR’s right to claim its dues or avail other remedies available to THE LESSOR.
THE LESSEE agrees that upon such termination of Lease, THE LESSEE shall be left with no right or interest over Demised Premises.”

2.23.

That Clause 31.4 of the Lease Deed stands substituted with the following clause and accordingly, Clause 31.4 of the Lease Deed reads as under:

     “31.4.

     It is further agreed by THE LESSEE that THE LESSOR shall be entitled to adjust Security Deposits deposited by THE LESSEE under this Lease Deed against any / all sums due to THE LESSOR in respect of Undisputed Amount(s) including Monthly Rent and Maintenance Charges for the un-expired period of Lease Term, Taxes for Demised premises, interests, damages etc. In the event the aggregate of arrears of Monthly Rent, any other sum due and payable under this Lease Deed and the above mentioned costs / expenses exceed the amount deposited as Security Deposits under this Lease Deed, then THE LESSEE shall pay to THE LESSOR to the extent of such Undisputed Amount(s) due to THE LESSOR over and above the amount deposited as Security Deposits.”

2.24.

That Clause 35.1 of the Lease Deed stands substituted with the following clause and accordingly, Clause 35.1 of the Lease Deed reads as under:


“35.1.	THE LESSEE shall have the option to renew this Lease Deed for Lease Renewal Term(s) on the similar terms and conditions as contained in this Lease Deed and such renewal shall be permitted by THE LESSOR, provided that:

(a)

THE LESSEE has communicated to THE LESSOR by a written notice at least six (06) months prior to the expiry of Lease Term its intention to renew Lease for Lease Renewal Term; and

(b)

THE LESSEE has been performing all its obligations under this Lease Deed pertaining to safety, compliances and payments to the satisfaction of THE LESSOR including but not limited to payment of all dues in respect of Undisputed Amount(s).”

2.25.

That Clause 35.2 of the Lease Deed stand substituted with the following clause and accordingly, Clause 35.2 of the Lease Deed reads as under:


“35.2.	THE LESSEE acknowledges and agrees that the renewal shall not be permitted if any Undisputed Amount(s) under this Lease Deed is due and payable by THE LESSEE.”

2.26.

That Clause 36 of the Lease Deed stands substituted with the following clause and accordingly, Clause 36 of the Lease Deed reads as under:


“36.	THE LESSEE represents, undertakes and assures to THE LESSOR that it shall hold THE LESSOR harmless and defend any and all action, suis, proceedings, claims, judgments, etc. against THE LESSOR brought about by any third-party for any IPR infringement by THE LESSEE.”

2.27.

That contents of Clause 45 of the Lease Deed stands substituted with the words “NOT USED” and accordingly, contents of Clause 45 reads as under:


“45.	NOT USED”

2.6.

That the description at the following serial nos. of Annexure C-I of the Lease Deed stands modified/ substituted and accordingly the description at the respective serial nos. reads as under:

ANNEXURE C-I


S.No.	ITEM	DESCRIPTION
1.	Demised Premises	Approx. 1,18,968 sq. ft. (11,057.333 sq. mtrs.) on 19th Floor in Said Building comprising of • Approx. 47,726 sq. ft. (4433.796 sq. mtrs.) on 19th Floor, Tower – A, DLF Building No. 05, DLF Cyber City, Gurgaon – 122002, Haryana (Area – I”). • Approx. 58,038 sq. ft. (5391.851 sq. mtrs.) on 19th Floor, Tower – B, DLF Building No. 05, DLF Cyber City, Gurgaon – 122002, Haryana (“Area – II”). • Approx.13,204 sq. ft. (1226.686 sq. mtrs.) on 19th Floor, Tower – C, DLF Building No. 05, DLF Cyber City, Gurgaon – 122002, Haryana (“Area – III”). Area – I, Area – II and Area – III shall collectively, be referred to as “Demised Premises.
10.	Monthly Rent	Rs. [*]/- (Rupees [] only) calculated at the rate of Rs. []/- per square foot per month/ Rs. []/- per square meter per month (Rupees [] only per square foot per month/Rupees [*] only per square meter per month) of Gross Leasable Area of Demised Premises. Rent Free Period: THE LESSEE shall be provided rent free period on Monthly Rent in the following manner during Lease Term: • During the First Year from the Lease Commencement Date: 30 Days i.e 10th November 2026 till 9th December 2026 • During the Second Year from the Lease Commencement Date: 30 Days i.e 10th November 2027 till 9th December 2027 • During the Third Year from the Lease Commencement Date: 30 Days i.e from 10th November 2028 till 9th December 2028. However, upon earlier termination of the Lease Deed, during the Lease Term or Lease Renewal Term, if any, a rent free period shall be provided proportionate to the number of months the Demised Premises is occupied by THE LESSEE during that year in which such termination takes place.
11.	Car Parking Charges Additional Car Parking Charges	Rs. NIL/- (Rupees NIL only) for [*] car parking space(s) at Rs. NIL/- (Rupees NIL only) per car parking space per month. Additional parking spaces: Rs. []/- (Rupees [] only) for [] additional car parking spaces at the rate of Rs. []/- ([*] only) per car park per month.
14.	Interest Free Refundable Security Deposit (IFRSD)	Rs. [*]/- (Rupees [] only) calculated at the rate of Rs. []/- per square foot per month / Rs. []/- per square meter per month (Rupees [] only per square foot per month/ Rupees [] only per square meter per month) of Gross Leasable Area of Demised Premises in the following manner: • IFRSD already paid under the Earlier Lease: Rs. []/- (Rupees [] Only); and • Differential to be paid on signing of this Lease Deed: Rs. []/- (Rupees [] only). IFRSD shall always be equivalent to [**] months’ corresponding Monthly Rent of Demised Premises as prevailing at any point of time during Lease Term. Further, upon escalation in Monthly Rent as mentioned at serial number 13 hereinabove, the differential amount shall be payable by THE LESSEE on or before such escalation.


		THE LESSEE agrees and acknowledges that the transfer of security deposits from the Earlier Lease to this Lease Deed is subject to adjustment and deduction of outstanding dues payable by THE LESSEE under the Earlier lease. THE LESSEE undertakes to pay the shortfall (in the Security Deposits) and/or the balance outstanding amount (post aforesaid adjustment under the Earlier Lease), on the date of execution of this Lease Deed.
16.	Interest Free Refundable Maintenance Security Deposit (IFRMSD)	Rs.[*] (Rupees [] only) calculated at the rate of estimated Maintenance Charges for Gross Leasable Area of Demised Premises for Six (06) months’ in the following manner: 1. IFRMSD already paid under the Earlier Lease: Rs. [] /- (Rupees [] only); 2. Differential IFRMSD to be paid on signing of this Lease Deed: Rs. [] /- (Rupees [] only): and Payment of the differential amount as computed based on Six (06) months’ Maintenance Charges as prevailing at [**] month from Lease Commencement Date, as the case may be, shall be made by THE LESSEE by the 1st day of the respective month. THE LESSEE agrees and acknowledges that the transfer of security deposits from the Earlier Lease to this Lease Deed is subject to adjustment and deduction of outstanding dues payable by THE LESSEE under the Earlier lease. THE LESSEE undertakes to pay the shortfall (in the Security Deposits) and/or the balance outstanding amount (post aforesaid adjustment under the Earlier Lease), on the date of execution of this Lease Deed.
17.	Interest Free Refundable Utilities Security Deposit (IFRUSD)	An aggregate of the following: a) Rs NIL/- (Rupees ------- only) @ Rs. /- per KVA for power load of KVA calculated as KVA per square foot of Demised Premises; b) Rs. ------- /-(Rupees ------- only) per KVA for additional power load of KVA (as and when applicable); including:- • Non-refundable charge for additional power load: Rs. [*]/- (Rupees [] only) per KVA. • Refundable deposit for additional load: [] (Rupees [] only) per KVA. • Infrastructure cost at cost + [**]%; c) Rs. ------- /- (Rupees ------- only) towards one time non-refundable cost of meters/ monthly meter hire charges (as applicable) for power/ power back-up; and THE LESSEE agrees and acknowledges that the transfer of security deposits from the Earlier Lease to this Lease Deed is subject to adjustment and deduction of outstanding dues payable by THE LESSEE under the Earlier lease. THE LESSEE undertakes to pay the shortfall (in the Security Deposits) and/or the balance outstanding amount (post aforesaid adjustment under the Earlier Lease), on the date of execution of this Lease Deed.
25.	Façade Signage	Number of Signage (s): Two (02) at location numbers SC4A(Y) and SC1(Y)


For DLF Cyber City Developers Limited	For MakeMyTrip (India) Private Limited

/s/ [***]	/s/ [***]

Authorized Signatories	Authorized Signatory


26.	Façade Signage Charges	• One Façade signage of demarcation 14.37 mtrs. X 2.20 mtrs. @ NIL Charges. • Second Façade signage of demarcation 7.632 mtrs. X2.20 mtrs. @ Rs. [*]/- (Rupees [*] only) per annum.