Embassy Group to invest `300-cr in Bengaluru’s Infrastructure
Executes detailed MoU for `100-cr Kadubeesanahalli Metro Station with BMRCL.

The Embassy Group will be investing more than `300-crore for Bengaluru city’s infrastructure projects, such as a Metro station, flyovers and walkways. Following its MoU with BMRCL for construction of Kadubeesanahalli Metro Station signed on 23rd June 2017 relating to Embassy Tech Village (ETV), the company has now executed a detailed MoU with BMRCL for the construction of a Metro station at ETV on the North Outer Ring Road. In addition to the `100-cr investment in Embassy Tech Village Kadubeesanahalli Metro station, the Group will also install a Skywalk at ETV valued at approximately `9.0-crore.

According to company officials, the Embassy Group is also funding the flyover between the Thanisandra Junction and Nagawara Lake junction with dual spur roads, leading directly in and out of Embassy Manyata Business Park. The cost of the flyover has been pegged at `150-crore. In order to facilitate the Metro-related work in the area (shifting of metro line and station), the company will contribute `32-crore for acquiring a parcel of land.
Commenting on the signing of the agreement with BMRCL, Jitu Virwani, Managing Director and Chairman, Embassy Group said, “The Embassy Tech Village Metro station will be located at the entrance to our established Business Park serving over 1 lakh corporate occupiers and 43 companies operating within the park.”
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