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REIT stock in focus after company invests ₹100 Cr for Bengaluru’s Metro expansion

REIT stock invests ₹100 crore in Bengaluru’s Metro ORR Project, funding a new station to enhance urban connectivity. Know more about this infrastructure development initiative.
REIT stock invests ₹100 crore in Bengaluru’s Metro ORR, boosting urban connectivity.
REIT stock invests ₹100 crore in Bengaluru’s Metro ORR, boosting urban connectivity.

Introduction:

REIT stock has invested ₹100 crore to support Bengaluru’s Metro Outer Ring Road Project, funding a new metro station to enhance urban connectivity. This initiative reflects its commitment to infrastructure development, improving mobility for business hubs and benefiting thousands of daily commuters.

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Share Price movement of Embassy Office Parks REIT:

On March 4, 2025, Embassy Office Parks REIT opened at ₹363.00, reaching a high of ₹365.00, up 0.36% from its previous close of ₹363.66, and a low of ₹362.10. The stock closed at ₹363.51, with a market cap of ₹34,456.89 crore.

Embassy Office Parks REIT share price rise:

Embassy Office Parks REIT has committed ₹100 crore to fund the Kadubeesanahalli Metro Station as part of Bengaluru’s Metro Outer Ring Road (ORR) Project. The station will be named “Embassy TechVillage Kadubeesanahalli Metro Station” for 30 years from its commercial operation date.  

A definitive agreement was signed with Bangalore Metro Rail Corporation Limited (BMRCL) on February 28, 2025, for this development. The 17-km ORR Metro Project, spanning 16 stations, aims to improve connectivity for Bengaluru’s business hubs, including Embassy TechVillage, benefiting thousands of daily commuters.  

CEO Ritwik Bhattacharjee highlighted Embassy Office Parks REIT’s commitment to urban infrastructure, citing ₹180 crore for a flyover and ₹30 crore for a footbridge. BMRCL MD M. Maheshwar Rao emphasized the importance of public-private partnerships in accelerating metro expansion and enhancing sustainable urban mobility.

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Recent news About Embassy Office Parks REIT:

Embassy Office Parks REIT announced a 13% year-on-year increase in distributions for the third quarter of FY2025, achieving its highest-ever quarterly revenues and Net Operating Income (NOI). The growth is attributed to strong demand for office spaces in key markets. ​

Stock performance of Embassy Office Parks REIT  for Period of 1 week, 6 months and 1 year:

Embassy Office Parks REIT’s stock gained 2.41% over the past week, reflecting short-term positive momentum. However, over six months, it declined 6.92%, indicating market pressure. The one-year performance showed a 2.63% decline, highlighting ongoing challenges despite recent signs of recovery.

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Shareholding pattern of Embassy Office Parks REIT:

SummaryDec-22
Promoter 0%
FII0%
DII 44.70%
Public19.60%
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About Embassy Office Parks REIT :

Embassy Office Parks REIT is India’s first publicly listed real estate investment trust, owning and operating premium office spaces. With a strong portfolio across major cities, it provides stable rental income, catering to leading global businesses and driving commercial real estate growth.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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