Embassy Developments to invest Rs 1,500 cr to build 3mn sq ft office space in Bengaluru: MD Aditya Virwani

Embassy Developments is investing Rs 1,500 crore to build a 3 million sq ft office complex in Bengaluru, aiming to boost rental income from commercial assets. This move complements their strong residential business, with plans to launch Rs 20,000 crore worth of homes this fiscal. The company sees robust demand for prime office spaces, particularly from foreign firms establishing Global Capability Centres in India.