Embassy REIT opens 211-key Hilton Garden Inn in Bengaluru

1 min read     Updated on 01 Jul 2026, 08:44 AM
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Embassy Office Parks REIT has opened a 211-key Hilton Garden Inn at Embassy TechVillage in Bengaluru, marking the first phase of a 529-key dual-branded development. The opening strengthens hospitality infrastructure along the Outer Ring Road corridor, serving over 100,000 users in the integrated business park. This is Hilton's fourth hotel with Embassy REIT, bringing Hilton's total Bengaluru portfolio to 13 properties.

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Embassy Office Parks REIT has opened the 211-key Hilton Garden Inn at Embassy TechVillage in Bengaluru, strengthening hospitality infrastructure along the city's Outer Ring Road corridor. This opening represents the first phase of a planned 529-key dual-branded Hilton development at the location, which will also include a full-service Hilton Hotels & Resorts property later this year. The new hotel adds to the amenities available to the park's over 100,000 users, which include leading global corporations across technology, financial services, and consulting sectors.

The opening marks Hilton's fourth hotel with Embassy REIT and brings Hilton's total portfolio in Bengaluru to 13 properties. Embassy TechVillage, one of Embassy REIT's flagship integrated business parks, combines high-quality office spaces with retail, F&B, recreation, and hospitality. The new property offers upscale, affordable accommodation with seamless connectivity to key business hubs and direct access to the upcoming Kadubeesanahalli Metro Station.

Feature Details
Property Hilton Garden Inn
Location Embassy TechVillage, Bengaluru
Keys 211
Total Development 529-key dual-branded complex
Significance 4th Hilton hotel with Embassy REIT

Jitu Virwani, Chairman, Embassy Group, stated that the opening strengthens the hospitality and lifestyle infrastructure being built across the portfolio. He emphasized that Embassy TechVillage reflects the vision of creating integrated destinations that go beyond office space by combining world-class workplaces with infrastructure and experiences.

Alan Watts, President, Asia Pacific, Hilton, noted that the opening marks an important milestone in Hilton's decade-long partnership with Embassy Group. He highlighted Bengaluru as a dynamic hospitality market driven by strong corporate demand and global business travel, stating that the hotel is a testament to Embassy's leadership in delivering world-class developments.

The hotel features 211 rooms with modern amenities, including efficient workspaces, flexible meeting facilities, a 24-hour fitness centre, and a temperature-controlled outdoor pool. Dining options include Desi Quotient (DQ), which offers regional Indian food, and Merigo, an all-day dining restaurant serving global flavours. This milestone builds on Embassy's established Hilton portfolio, which includes the 619-key dual-branded Hilton Hotels at Embassy Manyata and the 247-key Hilton Hotel at Embassy GolfLinks.

Historical Stock Returns for Embassy Office Parks REIT

1 Day5 Days1 Month6 Months1 Year5 Years
-0.19%+3.52%+5.02%+2.19%+14.27%+27.41%

How will the completion of the upcoming full-service Hilton Hotels & Resorts property later this year impact occupancy rates and average daily rates in the Outer Ring Road corridor?

Will this integrated model of combining office space with hospitality drive similar developments in other major Indian business hubs?

What effect will the direct access to the upcoming Kadubeesanahalli Metro Station have on the hotel's accessibility and footfall?

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Embassy Office Parks REIT pays interest for NCDs

1 min read     Updated on 01 Jul 2026, 08:44 AM
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Embassy Office Parks REIT paid interest totaling ₹20,125.66 lakh for the quarter ended June 30, 2026, across eleven NCD series listed on BSE. Payments were made on June 29, 2026, covering Series IV through Series XVI with issue sizes up to ₹2,00,000 lakh.

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Embassy Office Parks REIT has paid interest for the quarter ended June 30, 2026, across eleven series of privately placed Non-Convertible Debentures (NCDs) listed on the debt market segment of BSE Limited. The total interest disbursed amounts to ₹20,125.66 lakh, covering Series IV through Series XVI. The payments were made on June 29, 2026, one day prior to the scheduled due date of June 30, 2026.

The interest payments were made pursuant to Regulation 57 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The record date for determining the eligibility of holders for the interest payment was June 15, 2026. The company confirmed that there were no delays in payments and no changes in the frequency of interest distribution, which remains quarterly for all series.

Details of NCD Series and Payments

The interest payments covered the following ISINs: INE041007068 (Series IV), INE041007084 (Series V Tranche B), INE041007092 (Series VI), INE041007118 (Series VIII), INE041007142 (Series XI), INE041007159 (Series XII), INE041007167 (Series XIII A), INE041007175 (Series XIII B), INE041007183 (Series XIV), INE041007191 (Series XV), and INE041007209 (Series XVI). The issue sizes for these series range from ₹30,000 lakh to ₹2,00,000 lakh.

ISIN Series Issue Size (₹ in Lakhs) Interest Paid (₹ in Lakhs)
INE041007068 Series IV 30,000 508.60
INE041007084 Series V Tranche B 1,10,000 1933.44
INE041007092 Series VI 1,00,000 1832.47
INE041007118 Series VIII 50,000 1009.73
INE041007142 Series XI 90,000 1786.09
INE041007159 Series XII 1,00,000 1927.21
INE041007167 Series XIII A 1,50,000 2696.34
INE041007175 Series XIII B 50,000 900.03
INE041007183 Series XIV 75,000 1302.36
INE041007191 Series XV 2,00,000 3615.07
INE041007209 Series XVI 140,000 2614.32

The previous interest payment for all these series was made on March 27, 2026. The company noted that the redemption payments were not applicable for the current period. The disclosure was submitted by Vinitha Menon, Head - Company Secretary and Compliance Officer, on behalf of Embassy Office Parks REIT.

Historical Stock Returns for Embassy Office Parks REIT

1 Day5 Days1 Month6 Months1 Year5 Years
-0.19%+3.52%+5.02%+2.19%+14.27%+27.41%

How will the consistent quarterly interest payments impact Embassy Office Parks REIT's ability to secure future debt financing at favorable rates?

What is the current occupancy rate and rental income outlook for Embassy Office Parks REIT, and how might it affect future debt servicing capabilities?

Are there any upcoming maturities or refinancing requirements for the NCD series that could influence the REIT's liquidity strategy?

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