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Embassy Industrial Parks acquires 24 acres in Gurgaon for Rs 38 cr

Embassy Industrial Parks acquires 24 acres in Gurgaon for Rs 38 cr

Thursday, April 20, 2017, 1:22 PM

Embassy Industrial Parks, a joint venture between realty developer Embassy Group and private equity firm Warburg Pincus, acquired 24 acres in Gurgaon for Rs 38 crore to set up a warehousing facility. The warehouse on National Highway-8 near Bilaspur Chowk. “The company will invest a total of Rs 140 crore in the project,“ said Anshul Singhal, CEO of Embassy Industrial Parks.
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