With a mission to solve the complications of RE transactions, the CEO & Co-Founder of Insomniacs, Mr. @govindrai80, & the Co-founder of @PropReturns, Mr. @kenishshah dive deep into a discussion to simplify transactions and revolutionize the industry
Link: https://t.co/XZN7WlnM6l
5. Today, Embassy Group is one of the biggest #developers in #India and has acquired big players like #Indiabulls and #WeWork India. It also operates a #RealEstate investment trust (REIT), called Embassy Office Parks REIT which is the first listed REIT in India.
#Thread
1. Back in 2002, Jitendra Virwani was flying from #Bangalore to #Mumbai for the most important meeting of his life. The emerging #EmbassyGroup wanted to construct a #business park, but the initial investment of Rs. 20 Cr. was proving hard to garner.
4. That project was Embassy Manyata Business Park which stands tall as one of Bangalore’s premier #office parks spread over 62 acres. It has 9M sq. ft. #OfficeSpace and elite tenants like #IBM, #Microsoft, #Target, and #Cognizant.
Improved city #infrastructure due to the #government's commitment will increase its appeal to #businesses and individuals, causing #property values in these areas to appreciate significantly.
6. Aqua Blue Skywalk:
NMRC plans to build a 420-meter #skywalk this year, linking #DelhiMetro's Sector 52 station on the Blue Line with #Noida Metro's Aqua Line station on Sector 51. The foot over #Bridge will facilitate easy commuting between the two stations.