BSEOthers4d ago · 30 Jul 2026, 06:18 pm
Embassy Office Parks REIT has informed the Exchange regarding Disclosure of material issue
Embassy Office Parks REIT · 542602
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Embassy Office Parks REIT has disclosed material information regarding the valuation of a land parcel in Bengaluru, contiguous to and an extension of the existing Embassy Manyata Business Park, for the proposed acquisition by the REIT.
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Embassy Office Parks REIT - 542602 - Reg 23(5)(i): Disclosure of material issue
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July 30, 2026
To, To,
The Corporate Relations Department, The Corporate Relations Department,
The National Stock Exchange of India Limited, Department of Corporate Services,
Exchange Plaza, 5th Floor, BSE Limited,
Plot No. C/1, G-Block, Bandra-Kurla Complex, 25th Floor, Phiroze Jeejeebhoy Towers,
Bandra (East), Mumbai − 400051 Dalal Street, Mumbai − 400001
Re: Scrip Symbol “EMBASSY”, Scrip Code 542602 and Scrip Codes 973434, 973546, 973910,
975051, 976042, 976240, 976699, 976700, 976864, 976946, 977606 and 977901 (NCDs) and Scrip
Codes 731343, 731468 and 731469 (CPs)
Dear Sir/Madam,
Subject: Independent Valuation Reports.
Please see enclosed the Independent valuation report dated July 30, 2026 issued by Ms. L Anuradha,
with independent property consultant review services undertaken by Cushman & Wakefield (India)
Private Limited and Independent valuation report dated July 29, 2026 issued by iVAS Partners
represented by its partner Mr. D. Pavan Kumar, as Appendix I and Appendix II.
Thanking you,
For and on behalf of Embassy Office Parks REIT acting through its Manager, Embassy Office Parks
Management Services Private Limited
Vinitha Menon
Head - Company Secretary and Compliance Officer
A25036
Encl: As above
Embassy Office Parks Management Services Private Limited (acting as the Manager to Embassy Office Parks REIT)
Registered Office: 12th Floor, Pinnacle Tower, Embassy One, 8, Bellary Road, Ganganagar, Bengaluru, Karnataka, India – 560 032
T: (080) 69354864 E: secretarial@embassyofficeparks.com CIN: U70100KA2014PTC073362
Website of Embassy Office Parks REIT: www.embassyofficeparks.com
Appendix -I
VALUATION REPORT
LAND ADMEASURING 0.6 ACRES, CONTIGUOUS TO
AND AN EXTENSION OF THE EXISTING EMBASSY
MANYATA BUSINESS PARK LOCATED IN
THANISANDRA, BENGALURU
Date of Valuation: 30th June 2026
Date of Report: 30 July 2026
Submitted to: Embassy Office Parks Management Services
Private Limited
Land Parcel Located in Thanisandra, Bengaluru
Valuation Report
Disclaimer
This report is prepared exclusively for the benefit and use of Embassy Office Parks Management Services Private
Limited (“EOPMSPL” or the “Recipient” or the “Company” or “the Manager”) on behalf of the Embassy Office
Parks REIT (“Embassy REIT”) and / or its associates and its unitholders for the proposed purchase of a certain
Property/ business by it. The Company is the manager to Embassy REIT, a Real Estate Investment Trust under the
Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014, as amended till date
(“SEBI REIT Regulations”). The Manager may share the report with its appointed advisors, the trustee, submit
the report for any statutory or reporting requirements or include it in any preliminary/placement document/ notice/
transaction document to the unit holders, or any other document in connection with the proposed purchase of the
Property by Embassy REIT. Neither this report nor any of its contents may be used for any other purpose other
than the purpose as agreed upon with reference to the Letter of Engagement (LOE”) dated 20 July 2026 without
the prior written consent of the Valuer for proposed Acquisition of land admeasuring 0.6 acres, contiguous to and
an extension of the existing Embassy Manyata Business Park bearing Survey Nos. 58/1(part), 59/1(part) located
in Thanisandra Village, K. R. Puram Hobli, Bengaluru East Taluk, Bengaluru
The information in this report reflects prevailing conditions and the view of Valuer as of this date, all of which
are, accordingly, subject to change. In preparation of this report, the accuracy and completeness of information
shared by the Company has been relied upon and assumed, without independent verification, while applying
reasonable professional judgment by the Valuer.
This report has been prepared upon the express understanding that it will be used only for the purposes set out
with reference to LOE. The Valuer is under no obligation to provide the Recipient with access to any additional
information with respect to this report unless required by any prevailing law, rule, statute or regulation.
This report should not be deemed an indication of the state of affairs of the real estate financing industry nor shall
it constitute an indication that there has been no change in the business or state of affairs of the industry since the
date of preparation of this document.
Embassy Office Parks REIT/ EOPMSPL Page 1
Land Parcel Located in Thanisandra, Bengaluru
Valuation Report
Executive Summary
land admeasuring 0.6 acres, contiguous to and an extension of the existing Embassy Manyata Business Park
bearing Survey Nos. 58/1(part), 59/1(part) located in Thanisandra Village, K. R. Puram Hobli, Bengaluru East
Taluk, Bengaluru.
Valuation 30th June 2026 Site Photos
Date:
Disclosure of valuation of asset to be formed as a part of portfolio of Embassy
Valuation Office Parks REIT in accordance with SEBI (REIT) Regulations 2014 for the
Purpose:
acquisition of land parcel.
A land parcel admeasuring approximately 0.60 acres, bearing Survey Nos.
View of Property
58/1(part) and 59/1(part), located in Thanisandra Village, K.R. Puram Hobli,
Bengaluru East Taluk, Bengaluru, Karnataka, contiguous to the land
Subject
Property: developed as Embassy Business Park Bengaluru. and an extension of
Embassy Manyata Business Park, Bengaluru. (hereinafter referred to as the
"Subject Property").
View 1 of Property
The Subject Property is a land admeasuring 0.6 acres, contiguous to and an
extension of the existing Embassy Manyata Business Park bearing Survey
Nos. 58/1(part), 59/1(part) located in Thanisandra Village, K. R. Puram
Hobli, Bengaluru East Taluk, Bengaluru. The site is approximately 3 km from
Outer Ring Road (ORR) and 5 Km from Bellary Road (NH 44). At present,
View 2 of Property
access to the Property is primarily through the Lodha Mirabelle Road. The
Property is KIADB allotted land. Additionally, the site has limited frontage
and visibility, which may constrain its future development prominence.
The presence of Embassy Manyata Business Park has been a key factor in the
growth of the surrounding area, attracting several commercial, residential, View 3 of Property
and mixed-use developments over the years. The locality is further supported
Location / by ongoing infrastructure projects, including the Bengaluru Metro Phase 2B
Situation:
(Blue Line), which is expected to improve connectivity across the city.
The surrounding area is supported by established social infrastructure,
including educational institutions, hospitals, hotels, and retail developments. View of Access Road
Major office developments, residential townships, and supporting
commercial establishments in the vicinity contribute to steady real estate
activity in the micro-market. The location also benefits from a large working
population employed in the adjoining business parks, which continues to
support demand for commercial and mixed-use developments.
Overall, the Subject Property benefits from its location contiguous to
Embassy Manyata Business Park, established physical and social
infrastructure, and good connectivity.
Embassy Office Parks REIT/ EOPMSPL Page 2
Land Parcel Located in Thanisandra, Bengaluru
Valuation Report
Based on the information and documents provided by the Client, we
understand that the Subject Property is a land parcel admeasuring
approximately ~0.6 acres, bearing Survey Nos. 58/1(part) and 59/1(part),
located in Thanisandra Village, K.R. Puram Hobli, Bengaluru East Taluk,
Bengaluru, Karnataka, contiguous to and an extension of the existing
Description:
Embassy Manyata Business Park Bengaluru Karnataka.
The Subject Property is linear in shape and can be accessed via Lodha
Mirabelle Road. Based on our observation, the Subject Property is well suited
for allied uses such as substations, utility infrastructure, parking, etc.,
supporting the existing Embassy Manyata Business Park.
Total Land
0.6 Acres
Area:
MARKET VALUE OF THE SUBJECT PROPERTY
Components Va
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