Real Estate
Embassy Group's Luxury Project in Bengaluru Sells Out, Generating ₹204 Crore in Pre-Sales
Bengaluru-based real estate developer Embassy Development announces the successful sell-out of its luxury project, Paradiso, located in North Bengaluru, generating pre-sales of about ₹204 crore.
real estate news
Embassy Group's Luxury Project in Bengaluru Sells Out, Generates ₹204 Crore Pre-Sales
Bengaluru-based real estate developer Embassy Development's luxury plotted project, Paradiso, located within the Embassy Springs township in North Bengaluru, has sold out, generating pre-sales of about ₹204 crore.
Real Estate
Apple India Secures 2.7 Lakh Sq Ft Office Space in Bengaluru for a Decade
Apple India Pvt Ltd has leased around 2.7 lakh sq ft of office space in Embassy Group’s Embassy Zenith in Bengaluru for a 10-year term, setting a new benchmark in lease rates.
real estate news
Apple Leases 2.7 Lakh Sq Ft Office Space in Bengaluru for 10 Years
Apple India has leased 2.7 lakh sq ft of office space in Embassy Group's project Embassy Zenith in Bengaluru for a 10-year term, with a total rental outlay of over ₹1,000 crore. This move underscores Apple's growing commitment to India's tech ecosystem.
real estate news
SEBI Approves WeWork India's IPO: Embassy Group to Sell Majority Stake
WeWork India has received the go-ahead from SEBI to proceed with its Initial Public Offering (IPO). The co-working space provider, backed by the Embassy Group, is set to offload a significant stake to enhance visibility and unlock shareholder value.
real estate news
Embassy Group Launches India’s First Integrated GCC Platform – EMBARK
Embassy Group, a leading real estate developer in India, has launched EMBARK, the nation’s first integrated platform designed to connect Indian businesses with the Gulf Cooperation Council (GCC) countries. This move is expected to revolutionize the real estate and business landscape.
real estate news
Embassy Group Welcomes Jitendra Virwani as New Chairman and Aditya Virwani as Vice-Chairman
Embassy Group has made significant changes to its leadership with the appointment of Jitendra Virwani as Chairman and Aditya Virwani as Vice-Chairman, aiming to expand its real estate presence across India.
Real Estate Mumbai
SC Approves Equinox-Embassy Merger, Paving Way for Real Estate Consolidation
The strategic merger between Equinox and Embassy Group has been approved by the Supreme Court, allowing Embassy Group to expand into key markets such as Mumbai and Delhi-NCR, significantly enhancing its real estate portfolio and market presence.
Real Estate
WeWork's India Franchisee Plans Mumbai IPO
The IPO will involve the sale of 33 million equity shares by Indian real estate firm Embassy Group and 10.3 million equity shares by 1 Ariel Way, marking a significant step in the growth of WeWork's presence in India.
Real Estate
WeWork India Files for IPO, Plans to Sell 4.37 Crore Shares
Majority-owned by Embassy Group, one of India's leading real estate developers, WeWork India is leveraging its association with WeWork Global to make a significant market entry. The company has filed for an Initial Public Offering (IPO) and plans to offer
Real Estate Mumbai
NCLAT Approves Indiabulls Real Estate's Merger with Embassy Group
The National Company Law Appellate Tribunal (NCLAT) has given the green light for the merger between Indiabulls Real Estate and Embassy Group, a move aimed at creating a leading Pan-India real estate company.
Real Estate
REITs Gain Popularity as Interest Rates Stabilize: Understanding the Impact on Returns
Real estate investment trusts (REITs) are gaining traction as interest rates stabilize, but economic uncertainty may affect returns.
Real Estate Mumbai
Bengaluru's Real Estate Boom Continues: Homes Worth ₹19,000 Crore Sold in Q2 2024
Bengaluru's real estate market sees significant growth, with homes worth ₹19,000 crore sold between April-June 2024. North Bengaluru emerges as the most active region, accounting for 35% of registered transactions.
Real Estate Mumbai
Bengaluru's Residential Market Sees Steady Growth with 30% Jump in Registered Home Sales Value
Bengaluru's residential market continues to display steady growth, driven by a shift towards premium properties, with a 30% jump in registered home sales value in the June quarter.
Real Estate Mumbai
WeWork India Renews Lease on Massive 1.4 Lakh Sq Ft Space in Goregaon East, Mumbai
WeWork India, a majority-owned subsidiary of Embassy Group, has renewed its lease on a massive 1.4 lakh sq ft space in Goregaon East, Mumbai, with a rent of Rs 162 per sq ft per month.
Real Estate Mumbai
Embassy Group's Hospitality Arm Eyes $20 Million Investment to Boost Growth
Olive, the co-living and hospitality arm of Embassy Group, is seeking a strategic investor for a $20 million fundraise to enhance its offerings and tech infrastructure.