Embassy Group to Develop Luxury Housing Project Through Joint Venture in Whitefield Bengaluru

Embassy Group to Develop Luxury Housing Project Through Joint Venture in Whitefield Bengaluru

Embassy Group, a leading real estate developer, has entered, into a joint development agreement in Whitefield, Bengaluru for a new residential project. The project, promising upscale living, is poised to cater to the growing housing needs of young professionals in the city’s booming IT sector.

Key Details:

• Land Area: 3.75 acres
• Location: Whitefield, Bengaluru (strategically located on Whitefield Main Road, near Hoodi Junction)
• Saleable Area: Approximately 5.4 lakh sq ft
• Number of Apartments: Approximately 400
• Estimated Revenue Potential: Rs. 550 crore
• Target Audience: Young IT and ITeS professionals

 

Project Highlights:

• Premium Living: The project will offer premium residential apartments, catering to those seeking a luxurious lifestyle.
• Expected Launch: Q4 FY24 (Project expected to go live in the fourth quarter of the current financial year)
• Strategic Location: The project benefits from excellent connectivity due to its proximity to Whitefield Main Road, Hoodi Junction, public transportation options, and the East-West corridor of the Metro Purple Line.

Embassy Group’s experience in developing high-quality residential projects ensures that this venture will be a valuable addition to Whitefield’s real estate landscape. This project caters specifically to the housing demands of young professionals working in the area’s thriving IT and ITeS sectors.

 

 

 

Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, The image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article or want to publish your news or article please email news@jvdeals.in