Samarth Agrawal

I have a set of questions. Firstly, what was the kind of like-to-like price hikes across your existing projects? Unaffordability being an issue in the Bangalore and Hyderabad market, are you still comfortably able to take price hikes or has there been some slowdown on that front?

Understood. And just one more question on the Bangalore market. Like almost all of the bigger names present in the Bangalore market are trying to expand into the markets which previously were core markets for, let's say, only 3 or 4 players, including your self. So could you talk a bit about the competitive landscape there, especially given a little bit of a scare in terms of job losses and everything?

And anything on the competitive landscape?

Sir, just following up on your point on renovation. What would be the current renovation status in terms of number of rooms completed and how many rooms we expect to renovate in FY26 and FY27?

Understood. Thank you so much for that. Just a question on the recent geopolitical developments that we are seeing, what would be our indication to northern India would have been affected and what would be the impact? Have you seen any impact in terms of any cancellations or any bookings getting deferred to a couple of months after from now?

Understood and just looking at the managed homes that we are adding, so if I just go through the last 4 or 5 presentations, I think last year we were expecting to add around 1,700 Keys under the managed model. And if I just sum up the total number of openings over the last four quarters, it was around 680 -700 Keys. But the total number of managed rooms increased just north of 400 I think from 4 ,100 to 4 ,500 plus.