Embassy announces Rs. 15,000 Cr investments in Karnataka [07 June 2012]

EmbassyGroup, an Indian property developer, signed a MoU and shared EoI (Expression of Interest) documents with the Government of Karnataka at the Global Investors Meet 2012, for the development of four mega projects in the State with a projected total investment of Rs 15,000 crore. The projects will span the development of integrated IT parks for IT/ITES with commercial, residential and support facilities and a logistics park, which will mark Embassy Group’s strategic foray into the logistics and warehousing business.

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