Embassy Office Parks REIT (Embassy REIT), India’s first listed REIT and the largest office REIT in Asia by area, has pledged an investment of ₹100 crore to support Bengaluru’s Metro ORR Project. This investment will fund the construction of the Kadubeesanahalli Metro Station on the Outer Ring Road (ORR), which will be named “Embassy TechVillageKadubeesanahalli Metro Station” for the next 30 years.
On February 28, 2025, Embassy REIT and the Bangalore Metro Rail Corporation Limited (BMRCL) signed a definitive agreement to develop this metro station, part of the larger Metro ORR Project. This significant infrastructure project spans 17 km from Central Silk Board Junction to K.R. Puram, featuring 16 stations that will improve connectivity to major business districts, including the Embassy TechVillage business park.
RitwikBhattacharjee, CEO of Embassy REIT, commented, “As Bengaluru evolves into a global business hub, its infrastructure needs to keep pace. Embassy REIT is dedicated to addressing urban challenges by investing strategically in mobility solutions. Our previous investments, such as ₹180 crores to build a flyover at Embassy Manyata Business Park and ₹30 crores for a pedestrian footbridge, show our commitment to improving the city’s infrastructure. Supporting the metro expansion reflects our belief in the power of public-private partnerships to bring about meaningful change.”
M. Maheshwar Rao, Managing Director of BMRCL, added, “We are grateful for Embassy REIT’s contribution to sustainable urban development. The Outer Ring Road corridor is vital for Bengaluru, connecting commercial hubs, IT parks, and residential areas. Partnerships like this are crucial for speeding up infrastructure growth, and we look forward to working together to build a more accessible and sustainable metro network for the city.”
Embassy REIT is India’s first publicly listed Real Estate Investment Trust and the largest office REIT in Asia, by area. The REIT owns and manages 51.1 million square feet of office space across 14 parks in key Indian cities like Bengaluru, Mumbai, Pune, NCR, and Chennai. Embassy REIT’s properties house 263 leading global companies and offer additional amenities such as business hotels and a 100 MW solar park. The REIT is also recognized for its industry-leading environmental, social, and governance (ESG) practices, receiving accolades like a 5-star rating from the British Safety Council and being included in the 2023 Dow Jones Sustainability Indices.
