Embassy Group-SAS Infra Join Hand For Commercial Spaces
Commercial real estate developer, Embassy Group has joined hands with SAS Infra. The firms would develop 3 Grade-A office assets encompassing 14 million sq-ft, in Hyderabad’s financial district. The first, of the projects, the 36-floor Embassy SAS I Tower, comprising 5.2 million sq. ft. is currently under construction.
The second project, the 3 million sq. ft. Embassy Diamond Tower, has begun its excavation. On the other hand, the third project, Crown, will have a potential of 3 million sq. ft. of commercial space, with Embassy and SAS Infra partnering to develop it. All the projects are likely to be completed in different phases, starting from the last quarter of 2023.
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