Embassy Group, a leading development firm in real estate commenced its operations in 1993 led by Jitu Virwani, Chairman and Managing Director of the group. The establishment has developed 53 Million Sq. Ft. of Commercial, Residential, Retail, Hospitality and Industrial Warehouse spaces and holds an extensive land bank of 1,000 acres across the country. The operation spans across Indian and international markets that include Bangalore, Chennai, Hyderabad, Pune, Coimbatore, Trivandrum, Serbia and Malaysia.
A pioneer in leasing office space and developing integrated office parks, the group has delivered 40 Million Sq. Ft. of commercial properties and 54 Million Sq. Ft. is ongoing and future development. In 2012, Embassy Group and Blackstone entered into a joint venture to form Embassy Office Parks - an entity aimed at creating word class office spaces and building business communities. This portfolio includes Embassy GolfLinks, Embassy Manyata Business Park, Embassy TechVillage and Embassy TechZone that houses internationally renowned corporates.
Over the last three decades, the firm has developed over 12 Million Sq. Ft. of residential assets and 17 Million Sq. Ft. is ongoing and future development. Some of the most premium luxury living spaces in Bangalore and Chennai include Embassy Boulevard - an uber-luxury gated community, Embassy Grove the only villament lifestyle in the heart of the city, Embassy Pristine - luxury lake-front green homes, Four Seasons Private Residences and Embassy Lake Terraces to name a few. These projects are designed to obtain IGBC Green Home gold ratings as a part of the organization's effort in creating sustainable environments.
Embassy Industrial Parks was formed to address the challenges of companies grappling with building and managing industrial and warehousing spaces in a large, diverse and geographically distributed market like India. Located in areas that can cater to 7 key cities – Ahmedabad, Bangalore, Chennai, Delhi NCR, Kolkata, Mumbai and Pune, there is on-going development covering 8 Million Sq. Ft. with an outlined potential of 24 Million Sq. Ft. in the future.
We are trying to make the business more sustainable in terms of power cost through Embassy Energy. Capitalising on the immense potential of the sun, the Embassy Group is diversifying into the renewable energy business with a over 100 MW solar power plant in Karnataka.
Our hospitality portfolio covers five projects including the Hilton, Embassy Bangalore GolfLinks, a Five Star hospitality to complement the business parks; Le Meridien next to a lush Gold Course; Four Seasons Hotel, strategically located between the CBD and Bengaluru International Airport; and the dual brand Hilton Bangalore and Hilton Garden Inn Bangalore at Embassy Manyata Business Park will be largest in the category in South India.
Embassy Services is an extended property management arm at Embassy Group, in particular, this segment provides round the clock, seamless and flawless property management services and enables us to provide maximum value and capital appreciation for our properties.
Setting benchmark in Indian Real Estate, Embassy Group has also set its foot into education and sports. In 2008, Stonehill International School was developed in North Bangalore, the only school in South India offering all three International Baccalaureate programs - the Primary Years Programme, Middle Years Programme, and Diploma Programme. With a highly trained international faculty from across 17 nationalities and world class infrastructure spread across a 34-acre campus, the school is one of the most preferred international institutions in Bangalore.
The group also owns and maintains a state of the art international riding academy Embassy International Riding School in Bangalore. The facility provides training in Equestrian Sports and boasts of a highly accomplished team.
The cornerstone of the Embassy's corporate ethos is a deep held conviction that education can change the lives of communities and generations to follow, and giving back to the community is the way forward. Embassy today supports 17 government schools offering holistic education to over 7000 children. At the heart of this, is a belief that knowledge capital is the key to the growth of corporates and countries. Additionally, Embassy drives positive change by providing infra based solutions to uplift basic amenities around Embassy communities.
Embassy's vision for the future is to leverage tenant relationships and expand the portfolio of IT space throughout India and internationally, besides focusing on developing other business verticals.