Real estate developer Embassy Group is planning to invest around Rs 600 crore to develop 5.5 lakh sq ft of office space in Bengaluru, Karnataka.
The project once completed will become part of Embassy Office Parks REIT. The construction of Embassy Zenith is likely to commence in Q3/FY22 and will be completed by December 2023.
Embassy Group has a portfolio of over 62 million sq ft of prime commercial, residential and industrial space in India.
The group has around 1,000 acre of land bank mostly in Bengaluru and has 28 million sq ft built-up area under construction across segments.