Embassy announces investments worth Rs 15,000 crore

Embassy Group signed an MoU and shared EoI (Expression of Interest) documents with the Government of Karnataka at the Global Investors Meet 2012, for the development of four mega projects in the State with a projected total investment of Rs 15,000 crore. The projects will span integrated IT parks for IT/ITES with commercial, residential and support facilities and a logistics park. It will mark Embassy Group’s strategic foray into the logistics and warehousing business.Contact: Embassy Property Developments Pvt Ltd.Tel: 080-4179 9999.