We will continue to grow in Bangalore & 3 other cities: Aravind Maiya, Embassy REIT

March 6, 2024

Embassy REIT anticipates strong growth in commercial real estate in India, with a focus on cities like Bangalore and plans to enter Chennai. They expect NOI to exceed Rs 3,000 crore in FY24 and have seen positive demand from global capitals for office space. Plus, they are constructing close to 7 million square feet in our existing parks where the land is already paid for.

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