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 Urban

11 Mar 2026

India Expands Semiconductor Training To 500 Institutions

Under the Chips to Startups programme of the India Semiconductor Mission, the Union minister responsible for Railways, Information and Broadcasting, and Electronics and IT reported notable progress in talent development. He indicated that over the past four years substantial steps have been taken towards a 10-year target of training 85,000 engineers in semiconductor design. World-class EDA tools have been deployed in 315 academic institutions across the country to provide students with practical exposure to chip design. These EDA tools are supported by leading global firms and are accessible t..

Delhi Institutions Support India Semiconductor Mission

The Government of India has prioritised talent development through training, upskilling and workforce development under the Chips to Startups initiative of the India Semiconductor Mission, with officials noting progress in four years towards a 10-year target of training 85,000 engineers in semiconductor design. Electronic design automation tools provided by Synopsys, Cadence, Siemens, Renesas, Ansys and AMD have been deployed in 315 academic institutions, enabling students to gain practical chip design experience. Chips have been fabricated and tested at the Semiconductor Laboratory, Mohali, a..

NHA Announces Winners Of NHCX Hackathon At IIT Hyderabad

The National Health Authority (NHA) has concluded the NHCX Hackathon under the Ayushman Bharat Digital Mission (ABDM) to stimulate innovation around the National Health Claims Exchange (NHCX). The winning teams presented their solutions at the NHCX Innovation Meet held at IIT Hyderabad during a two-day event in March 2026 that also served as the hackathon grand finale. The hackathon itself ran from 22 to 28 February 2026 and aimed to accelerate paperless, transparent claims processing across India. The event was organised with a range of ecosystem partners, including the Insurance Regulatory a..