Embassy Group to build commercial space in Bengaluru

16 Nov 2021 CW Team

Real estate developer Embassy Group is set to develop Embassy Zenith, a Grade-A commercial space in Bengaluru.

The development will be a project managed by Mac Charles (India), the previous owners of the former Le Méridien Hotel – Embassy Group purchased a 73.4% stake in the company in 2016.

Embassy Zenith will be built along Sankey Road and will cover a total area of 2.27 acres with a total leasable area of approximately 5.5 lakh sq ft.

Andy Fisher Workshop from Singapore will design the project. Construction is expected to begin in the third quarter of the fiscal year 2021-2022 and be completed by December 2023.

Embassy Group was founded in 1993 by Jitu Virwani, Chairman and Managing Director of the company. The company has built over 62 million sq ft of commercial, residential, retail, hospitality, services, educational, and industrial warehouse space across the country and has a land bank of over 1,000 acres.

Bangalore, Chennai, Hyderabad, Pune, Coimbatore, Trivandrum, Serbia, and Malaysia are among the Indian and international markets where the operation is active.

Image Source

Also read: 360 Realtors to acquire 2 lakh sq ft of commercial and retail space

Resources

11 May 2026

JSW One Elevates Mayank Gupta as CFO

JSW One Platforms has elevated Mayank Gupta as Chief Financial Officer as the company strengthens its leadership team to support its next phase of growth and institutional expansion.Gupta, who earlier served as Chief Operating Officer, has played a key role in scaling the company’s integrated commerce, supply chain and finance ecosystem. In his new role, he will oversee strategic finance, treasury, governance, capital allocation and financial planning.Gaurav Sachdeva, Joint Managing Director and CEO, JSW One Platforms, said Gupta’s operational understanding and financial expertise make him..

India and EU Launch 15.2 Million Euro EV Battery Recycling Initiative

India and the European Union launched a third coordinated call for proposals on the recycling of electric vehicle batteries under the India-EU Trade and Technology Council Working Group two on five May 2026, with submissions due on 15 September 2026. The initiative is aimed at securing critical raw materials and accelerating the transition to a circular economy while deepening bilateral relations. The announcement was made by officials from the Office of the Principal Scientific Adviser and the European Commission. The call has a combined funding pool of 15.2 million euros (15.2 mn euros) and ..

Aptus Value Posts Strong FY26 Results And Asset Quality

Aptus Value Housing Finance India Limited on six May 2026 reported results for the quarter and year ended 31 March 2026. Assets under management (AUM) stood at Rs 131.07 bn, up 21 per cent year on year. The company said improved field execution and sustained demand supported the growth. Disbursements in the fourth quarter were Rs 12.42 bn, up 17 per cent year on year, and full year disbursements were Rs 40.09 bn, up 11 per cent. Total income for FY26 was Rs 22.46 bn, up 25 per cent, and net profit for the year was Rs 9.43 bn, a rise of 26 per cent. Quarterly net profit was Rs 2.61 bn. For the ..