Fire damages warehouse at NDR InvIT asset in Hosur

A fire damaged part of a warehouse owned by NDR Unique Space, a project special purpose vehicle (SPV) of NDR InvIT Trust, in Hosur, Tamil Nadu, on the night of October 23, 2026.

In a disclosure to the National Stock Exchange of India, NDR InvIT said the incident caused damage to a portion of the warehouse building. No casualties or injuries were reported among employees, tenants, contractors or other personnel.

The trust estimated the maximum damage to the building at approximately ₹2 million, with rental income loss estimated at around ₹1 million. The affected asset is adequately insured, including coverage for physical damage to the building and consequential loss of rental income, according to the disclosure.

NDR InvIT said the warehouse was equipped with firefighting systems that helped contain the fire. Assessment of the damage and preparation of the insurance claim have begun in coordination with insurers and the relevant authorities.

The trust expects to recover the losses under the applicable insurance policies, subject to the insurers' assessment and approval.

NDR InvIT said it would continue to monitor the situation and provide further updates on the actual losses, insurance claim status and restoration progress if material developments arise.