Embassy Industrial Parks plans investment of nearly Rs. 2100 crore in logistic & warehousing

In a recent development, the Embassy Industrial Parks plans investment of approximately USD 300 million (about Rs 2,100 crore) in the next three years for developing its ongoing logistics and warehousing projects, an official said. The company, a joint venture between realty firm Embassy Group and private equity firm Warburg Pincus, is developing industrial and […]

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In Bengaluru, Embassy Group to bring down Le Meridien hotel for developing Office Space

Embassy group, the renowned developer has decided to bring down the famous Le Meridien hotel located in Bengaluru’s CBD [Central Business District] area to develop office space here, the sources said. The sources said that the hotel will be demolished this year and the construction of office space building will commence next year. This is […]

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