Olive Hospitality expands its footprint in North Bengaluru with the launch of an 89-key hotel, targeting rising demand from local business travel corridors.

Embassy Group's hospitality arm, Olive Hospitality, is aggressively expanding its footprint, aiming for 10,000 operational keys within the next 12 months, driven primarily by its AI-integrated vertical, Open Hotels. The strategy hinges on rapid onboarding of existing assets through centralized technology layers.

Hospitality brand Olive by Embassy has entered the Pune market with two new hotels in Baner and Wakad, adding 78 tech-enabled rooms targeting corporate travellers and IT professionals near the Hinjewadi IT corridor.

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Embassy Group announces ₹1,600 crore residential project on 17.9 acres in Whitefield with 1,000 units targeting IT professionals, part of ₹22,000 crore Bengaluru expansion plan.

Embassy Group is planning to sell a ₹3,700 Cr commercial project in Whitefield, Bengaluru, to Embassy REIT. The 3.3 million sq. ft. asset sale supports EDL’s FY25 recovery and portfolio monetization strategy.

Embassy Group reported a ₹123 Cr Q4 FY25 profit, reversing a ₹90 Cr loss last year, following its merger with Indiabulls Real Estate. Annual revenue surged to ₹2,547 Cr.

Embassy Developments has secured ₹1,060 crore through equity infusion from its promoter group and a Blackstone-backed fund. The capital will support upcoming residential and commercial projects across key Indian cities.

Volkswagen Group Technology Solutions India has leased a three-story commercial tower in Hinjewadi, Pune, for over five years. In the Embassy Tech Zone of the Rajiv Gandhi InfoTech Park in the second phase of Hinjewadi development, this new office occupies over 123,000 sq ft in the Hudson Block.

WeWork India leased 140,000 square feet of office space in Bengaluru and Noida to accommodate flexible workspace demand. Their portfolio will grow by 2,400 seats with these additional offices opening between September and October.

Apple will lease 400,000 sq ft of office space on Sankey Road from Embassy Group at a record cost of nearly ₹220 per sq foot per month.

Embassy Group plans to take WeWork India public after acquiring the remaining 27% interest from US-based WeWork for ₹700 crore. Sources say the coworking office platform would be listed on domestic bourses within 18 months.

Embassy Group invested Rs 1,160 crore in Indiabulls Real Estate. Preferential allocation brings additional cash into Indiabulls, enabling new South Indian real estate developments.

Embassy Group is set to redefine luxury living in Bengaluru's Whitefield with a joint development venture covering 3.75 acres.