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Embassy Group plans on investing more than Rs. 10,000 crore for the upcoming projects in the commercial office space, integrated residential developments and industrial parks verticals over the next 5 years. It was also announced that the first phase of 4.5 million sq.ft Embassy Splendid Tech Zone near the Chennai Airport would be completed by the end of this year. […]

Embassy Group has planned to launch a number of new office space and logistics and industrial warehousing projects in Chennai this year. Commencing work on the second phase of its residential project, Embassy Residency and the launch of about 1,000 apartments at Sholinganallur are also in the pipeline for Chennai. Thehindubusinessline http://www.thehindubusinessline.com/news/real-estate/embassy-group-plans-to-launch-office-space-industrial-warehousing-projects-this-year/article10024692.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication

After Embassy Residency, the first integrated township in Chennai, Embassy Group has currently commenced work on its special economic zone called Embassy Tech Zone, on a 30-acre property near Pallavaram. The steadily improving office market, improving fundamentals in the IT/ITeS and the growth of manufacturing have contributed to the superior performance of real estate in […]

GST is all set to change the whole warehousing and distribution paradigm in India. A major boon for the sector was the announcement that logistics companies would be treated as part of the infrastructure sector allowing them to benefit from more liberal regulations and availing longer term capital at lower cost. Financial times https://www.ft.com/content/d529d48c-dc1b-11e7-a039-c64b1c09b482