Embassy REIT reported a 15% YoY increase in NOI, reaching ₹872 crore in Q1 FY26, accompanied by a total income of ₹1,080.81 crore. The company leased two million sq ft and raised ₹4,225 crore in debt. Amit Shetty has been appointed as CEO, succeeding Ritwik Bhattacharjee. Distributions of ₹5.80 per unit were declared for the quarter.
Is Bengaluru’s luxury housing market softening amid job losses and economic uncertainty? Experts weigh in
Amid rising job losses, longer decision-making cycles, financial caution, Bengaluru’s high-end housing segment is seeing developers recalibrate their portfolios