Vaibhav Mule

Hi, sir. Thanks for the opportunity and congratulations on a very strong set of numbers. Pleased to see the numbers. My first question was on our expansion pipeline. Though we have a very strong pipeline slated over next three years to four years, we have seen minor delays, if I'm not wrong, in terms of our timelines for Bandhavgarh, Srinagar, as well as for Ayodhya, Agra.

Understood, sir. That perfectly explains it. My second question was on our The Leela Coorg. We have rebranded the property very recently. So I just wanted to get your feedback in terms of how has been the initial customer response since the acquisition and post the rebranding, and any sort of colour you can provide in terms of the revenue contribution expected for the first year, FY27?

Okay. And related to this, when do you plan to do this brownfield expansion of 19 keys? And lastly, on the RevPAR front, in the business properties, you have delivered a very strong number this quarter despite having significant presence in Bengaluru and Chennai, which are the markets which are FTA-dependent.