Embassy Property Developments Private Limited commenced operations in 1993. Together with our promoters we have 29 years of experience in real estate development. Embassy has an extensive land bank across the country and has developed close to 35 million square feet (3.3 million m2) of prime commercial, residential and retail space as of March 2014. We also have international operations in Malaysia and Serbia.
Our portfolio of real estate developments spans the commercial, residential, retail and hospitality segments of the real estate industry. Our commercial real estate business includes the development of business parks for the IT/ITES sector, SEZs and corporate office space. The majority of the completed projects in our commercial portfolio are built-to-suit and fit-out developments undertaken for specific clients.
Going forward, we intend to undertake a combination of built-to-suit projects and those done without pre-commitment. Our clients include Alcatel-Lucent, Atos Origin, ANZ, Cognizant, Computer Science Corporation, Fidelity, Geometric, IBM, LG Soft India, McAfee, Mercedes-Benz, Microsoft, NetApp, Nokia Siemens Networks, Supervalu, Target, Vodafone and Yahoo!
Over the last 29 years, Embassy has completed over 5.9 million sft. (550.000 m2) of residential spaces. Embassy’s ongoing residential projects include luxury apartments and integrated townships. Embassy’s residential projects are also designed to obtain IGBC Green Homes Certifications ratings as part of the efforts for creating sustainable developments.
Embassy’s vision for the future is to leverage its tenant relationships and expand the portfolio of Information Technology space throughout India and internationally, besides focusing on developing residential and retail spaces. We will be developing hospitality projects in the integrated townships and business parks that we develop.