Bengaluru, March 4 -- Embassy Office Parks REIT (NSE: EMBASSY / BSE: 542602) ('Embassy REIT'), India's first listed REIT and the largest office REIT in Asia by area, has committed an investment of Rs.100 crore to fund the Metro ORR Project, supporting Bengaluru's urban infrastructure development. The investment will contribute to the construction of the Kadubeesanahalli Metro Station on the Outer Ring Road (ORR), which will be named "Embassy TechVillage Kadubeesanahalli Metro Station" for a period of 30 years from its commercial operation date.
Embassy REIT and Bangalore Metro Rail Corporation Limited (BMRCL) signed a definitive agreement on February 28, 2025, for the development of this new metro station along the ORR corridor. The Metr...
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