Embassy Group
Century Real Estate Venture – the investment arm of Bangalore-based property developer Century Real Estate Holdings – has efforts underway to raise Rs. 350 crore for developing residential projects. Towards that end, the company is currently in discussions with Indiareit Fund Advisors. According to an unidentified source familiar with the matter, Century Real Estate Venture [...] Continue Reading »
In a recent announcement, Embassy Group – the developer of Southern IT Park – has revealed that it has efforts underway to acquire India’s second Four Seasons hotel, as well as the Four Seasons branded residences, in Bangalore from the Wall Street bellwether Goldman Sachs. The acquisition, as per the details shared by Embassy Group, [...] Continue Reading »
Embassy Group has recently announced that it is venturing into the hospitality sector with the launch of Hilton Bangalore Embassy GolfLink — a move for which the Embassy Group is investing approximately Rs 350 crore. The Hilton Bangalore Embassy Golf Link hospitality project being launched by Embassy Group is a top-notch, full service hotel located [...] Continue Reading »
Embassy Group and Sobha Developers shelled out over Rs. 1,500 in what can be termed as one of the biggest real estate deals in the country. Embassy Group and its joint venture partner, private equity firm Blackstone, acquired 60 per cent stake in a 106-acre business park for Rs. 1,200 crore. Sobha Developers shelled out [...] Continue Reading »
Two substantial real estate deals have recently been struck by Bangalore-based firms Embassy Group and Sobha Developers. The deals – for which the two companies have shelled out more than ₹1,500 crore altogether – will give Embassy Group a major stake in a business park, and Sobha Developers a substantial stake in a residential project. [...] Continue Reading »
Nearly 90 big billboards are coming up across Bangalore, questioning ‘Can India can raise the bar?’ or ‘Will India fly high?’, among other questions. These campaigns ask voters to turn out in large numbers at polling booths on April 17, when Karnataka votes. Ms. Tanya Singh Khosla, city-based graphic and brand designer, starts this campaign [...] Continue Reading »
The Competition Commission of India (CCI) has approved a real estate deal between global private equity giant Blackstone group and Pune-based realty firm Embassy Group. The proposed deal involves Blackstone and Embassy group having joint control over an entity engaged in the development and management of commercial and office space. It has been dubbed as [...] Continue Reading »
Bangalore based real estate developer; Embassy Group and Maini Group have formed a joint venture with the state government to develop logistics parks in Karnataka. The Embassy Group has a strong presence in the residential, commercial and IT/ITES space in Bangalore. The group has signed a Memorandum of Understanding (MoU) and shared Expression of Interest [...] Continue Reading »
A Bangalore-based real estate developer, Embassy Group is in a pace of acquiring 80 million square feet of integrated township development. The company which has around 300 acres with them from over the year near Bangalore International Airport (BIA) will soon be accumulate land township development worth Rs 3,000 crore. Also, now the talks are [...] Continue Reading »
Synergy Property Development Services, a project management firm has confirmed that they have acquired two residential projects in Bangalore. The contract occurred between the developer and the city based Embassy Group is of Rs 1,239 crore. Based on the deal, Synergy will take care of construction of project to its final development. The two upcoming [...] Continue Reading »
