Embassy REIT to Fund Rs 1 Bn for Kadubeesanahalli Metro station

05 Mar 2025 CW Team

Bengaluru Metro Rail Corporation (BMRCL) and Embassy Office Parks REIT have entered into a Definitive Agreement for the construction of the Kadubeesanahalli metro station on the Outer Ring Road (ORR) line, which is part of Phase-2A of the metro project.

Vikas Telecom, a subsidiary of Embassy REIT, will invest Rs 1 billion in the construction of the metro station. In exchange, BMRCL has granted Embassy REIT naming rights for the station, along with advertisement and commercial space, as well as direct connectivity for a period of 30 years. As per the agreement, the station will be named *Embassy TechVillage Kadubeesanahalli Metro Station*.

The Kadubeesanahalli metro station is part of the 17-km ORR metro corridor, which extends from Central Silk Board to KR Pura and includes a total of 16 stations. This corridor is a vital mobility route aimed at improving connectivity between key commercial hubs, IT office parks, and residential areas in Bengaluru’s IT corridor.

The partnership between BMRCL and Embassy REIT is expected to accelerate infrastructure development, enhance urban transport, and support sustainable mobility solutions. The ORR metro corridor will play a crucial role in reducing traffic congestion and promoting public transport usage in the city.

A Real Estate Investment Trust (REIT) is a company that owns, operates, or finances real estate assets, allowing retail investors to participate in such ventures. Embassy REIT’s involvement in this metro project reflects its commitment to long-term infrastructure investments that contribute to urban development and improved transport solutions in Bengaluru.

News source: The Indian Express

Infrastructure Transport

13 Oct 2025

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..