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WHY INVEST IN EMBASSY SPRINGS?





Embassy Springs was conceived with the intent of creating answers to the challenges of urban living and to offer homebuyers and investors one of the most promising investments. The global innovators we have partnered with meet our high standards make the city more alluring to investors. To further enhance the living experience, we have partnered with the best names for concierge, property management, sports and art academies.


 
Embassy Springs Why Invest

NORTH BENGALURU – THE INVESTMENT HOTBED

A number of factors like the emergence of the city’s new international airport, easy access to the express highway, and upcoming high-speed rail link and monorail make North Bengaluru the most sought after location. With the creation of 1.5 million jobs in the area, thanks to the various initiatives for IT/SEZ projects in this belt, the locality has been the cradle for new developments. No wonder investors in Bengaluru and other parts of India, as well as NRIs, are making a beeline to invest in North Bengaluru. As a refreshing change from the confines of the city, there are large tracts of land available here, and this has spurred a number of property ventures. Clearly the future is here and it makes sense to invest now.
On the road to the future
Widening of Bellary (airport) road from a 6 to 8 lane for faster, effortless travel.
A 33 km proposed High-Speed Rail Link (HSRL) to connect central Bengaluru with the airport.
Peripheral Ring Road, Intermediate Ring Road and Satellite Town Ring Road connecting most parts of Bengaluru to the airport.
A 15 km elevated corridor connecting Central Silk Board junction to Jayamahal Road for quicker access between north Bengaluru and other parts of the city.
Phase 1 of the Bengaluru Metro corridor connecting Hesaraghatta Circle with Puttenahalli. Metro phase 2 (72 km) to extend up to airport in the north and NICE junction in the South.

Proposed Commercial Development



IT/Aviation
  • 4000 acres of KIADB land to be developed in IT/BT, Hardware and Aerospace fields near the airport.
  • The 980-acre Bangalore Aerospace Park is attracting investments from 56 large and mid-sized companies.
  • An aerospace park with an investment around Rs.30,000 crore (current exchange rate) to create 4,000 to 5,000 jobs in the highly skilled area and 2.5 lakh jobs in skilled and indirect jobs.
  • Wipro Infrastructure Engineering, the global hydraulics business of Wipro is setting up an actuator manufacturing facility with an investment of Rs. 7,000 crore to produce 2,000 actuators a year.
  • Swiss Group STARRAG is setting up a machining plant.
  • A 14-acre Nano Park with a 100 crore investment at Nelamangla.
  • With BIAL IT investment in 10,000-12,000 acres, 55 MNCs including TCS, Wipro, the development will generate investments worth USD 1.2mn direct & USD 2.8 mn indirectly.
  • KSIIDC - commercial development on 309 acres.
Entertainment
  • Sanctioned 35 acres for the construction of convention centers and hotels.
  • 22 acres of retail, hospitality complete with 3 hospitals coming up. Also proposed is Trident 5 Star hotel in Devanahalli near BIAL.
  • The Government of Karnataka has also proposed setting up an entertainment park named ‘Space City’ along the lines of Disneyland in Bangalore.
Upcoming Hotel Projects
  • The Oberoi at BIAL, Marriott Golf Resort and Convention Centre near Nandi Hills and The Taj Business Hotel coming up soon.
  • Construction for the biggest convention center has been sanctioned by the government. This will house two 5 star hotels on approximately 35 acres of land, close to Devanahalli Business Park.
Education
  • Manipal Education is setting up a 200-acre university campus.
  • Aviation Academy spread across 9 acres.


UPCOMING COMMERCIAL HUB

As per primary research by Prop equity in H1 2013,
Devanhalli is to be a major commercial hub.



Aerospace & SEZ to be fully functional by 2017.

Shell, Ascendas, IFCI campuses & Convention Centre will be ready by 2016.

With the completion of Phase 1, ITIR is expected to see IT companies creating 1.5-2 million white collar jobs.






With the new reforms and policies in place,
there's no better time to invest in real estate.
To find out more about the appreciation potential at Embassy Springs, get in touch!