Intelligent Planning Sustainable Living
June 2016 edition of The Embassy Post.
A quarterly newsletter from the Embassy Group.
http://www.embassyindia.com
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Embassy post June 2016
1. Issue 8 - June 2016The Embassy Group Corporate Newsletter For private circulation only
INSIDE THIS ISSUE
1312
2 EDITORIAL 3/7 8 11
EMBASSY
SERVICES
EMBASSY
SERVICES
OFFICE
PARKS
INDUSTRIAL
PARKS
INDUSTRIAL
PARKS
14 EDUCATIONEDUCATION 15 16 NEWSFLASHINTERNATIONAL
RIDING SCHOOL
INTERNATIONAL
RIDING SCHOOL
ENERGIZEENERGIZE INFRASTRUCTUREINFRASTRUCTURERESIDENTIAL 9/10
2. EDITORIAL
JITU VIRWANI
Chairman and Managing Director
Embassy Group
CHAIRMAN’S
MESSAGE
THE EMBASSY POST 2Issue 8 - June 2016
We stand on the threshold of exciting times
with many new projects on the anvil.
Right at the forefront is our exciting new
foray into the residential space – our latest
and largest project yet, ‘Embassy Springs’
is set to change the landscape of Bengaluru.
This meticulously planned 300 acre
integrated city coming up in North
Bengaluru, takes us to the next level in the
real estate story that we are scripting. It also
showcases our capabilities in multi-format
residential projects, and we are confident of
making this a huge success.
Accolades and recognition, well deserved,
have been coming our way with our office
parks - Manyata Embassy Business Park
and Embassy TechVillage, winning the best
performing SEZ’s from the Cochin Special
Economic Zone (CSEZ), an honour that
we are indeed proud of.
Office spaces have always driven us to
achieve, and the Embassy Group plans to
add another 3-4 million sft a year. We are
privileged that the cream of the corporate
world work out of the spaces that Embassy
creates, and this thriving and energized
community is a reflection of our ethos to
create transformational work spaces.
Our premier office spaces that have now
grown to over 30 million sft have always
been a melting pot of culture and
a vibrant work ethos, where the who’s who
of Indian and international communities
work seamlessly together.
Our commitment to provide the best
work ambience through ‘Energize’ adds
both efficiency and camaraderie, to create
the most coveted workspaces in the country.
Our cache of amenities like crèches for
working mothers, ambulances at your
service and other conveniences continue to
grow. We believe in complete service for
our occupiers and are setting up hotels in
each of our parks to cater to their corporate
guests. Add to that our vision to create
Grade A Warehousing and Industrial Parks
and you could say that, we are well on our
way to greater success.
We strongly believe in creating good
infrastructure in and around our office
parks and have taken several initiatives
with the Government towards this.
To conclude, the Embassy Group has
emerged strongly, even in the toughest of
real estate scenarios, with innovation and
quality as the cornerstones of our offerings.
Our journey so far has been both eventful
and rewarding and we value every
contribution to our success, big and small.
After all, we are built on the foundation of
your goodwill and enduring trust in us.
We would not have it any other way.
Right at the forefront is our
exciting new foray into the
residential space – our latest
and largest project yet, ‘Embassy
Springs’ is set to change the
landscape of Bangalore.
This 300 acre integrated
residential city coming up in
North Bengaluru, takes us to the
next level in the real estate story
that we are scripting.
Embassy Springs-the Masterplan for Happiness
3. THE EMBASSY POST 3Issue 8 - June 2016
Pushing the boundaries of what is perceived as possible has
always been a hallmark of the Embassy Group, as showcased
by an illustrious legacy of excellence spanning over three
decades. The Embassy Group is set to make its indelible
presence with the largest project of its kind in Bengaluru -
Embassy Springs, in the residential space.
Aptly described as the ‘masterplan for happiness,’ this
meticulously-planned integrated development comprises
Embassy Springs is strategically located in
North Bengaluru, the new growth-corridor of
India’s silicon valley and the epi-centre of the
real estate boom. Located just 9 kms before the
new international airport, with great road
connectivity, an express highway and plans
afoot for high speed rail link and mono rail, the
project is in close proximity to the ring road
and the planned peripheral ring road. Thanks
to the growing potential of this belt, the
government has initiated several IT/SEZs in
the vicinity and real estate prices in this area
can only go one way- upwards.
Presenting Embassy Springs - the
shape of things to come
RESIDENTIAL
multi-format homes that is designed to factor future growth.
With well-planned infrastructure for power, water and essentials
and never-before amenities, this mega residential project is
already the talk of the town and will set a new benchmark in the
residential arena.
Ideally located in North Bengaluru
4. RESIDENTIAL
THE EMBASSY POST 4Issue 8 - June 2016
Embassy Group unveiled Embassy Springs on the 9th of June,
in North Bengaluru.
The media launch saw over 40 journalists across India, attend
the conference and applaud the inception of Bengaluru’s largest
integrated city. The event attendees comprised of the top media
dailies and broadcast houses nationally, covering the event.
Addressing the press, Embassy Group Chairman and Managing
Director Jitu Virwani said: “The launch further reinforces our
continued focus on creating a large residential portfolio with a
strong focus on the North Bengaluru corridor.”
Reeza Sebastian, Vice President, Residential Marketing & Sales,
Embassy Group, further added, “With Embassy Springs, we aim
to redefine the meaning of suburban living in India by
providing citizens a luxurious living experience.”
Mike Holland, Chief Executive Officer, Embassy Office Parks
Management Services, touched upon the strong focus on the
North Bengaluru corridor. Arunjot Singh Bhalla, Managing
Director, RSP, Design Consultants and Andy Fisher, from Andy
Fisher Workshop, were also present and shared the details of the
project and the overall vision and the design ethos of this
latest venture.
The Embassy Springs Channel Partner launch on 11th
June saw
over 300 CPs from across India applaud the inception of
Bengaluru’s largest masterplanned city. The event attendees
comprised of CPs from Dubai and various other cities like
Bengaluru, Chennai, Hyderabad, Mumbai, Nasik and others.
Dawn of a new era in Residences
Embassy Group - Chairman and Managing Director, Jitu Virwani at the
launch of Embassy Springs
5. THE EMBASSY POST 5Issue 8 - June 2016
RESIDENTIAL
Highlights
Designed to factor future growth, amidst blissful living
Well-researched sizing for plots -2100-5400 sft.
Well-planned infrastructure for power, water and amenities
Wide network of tree lined roads
1-3 acre gardens with themes
45 acres of green space for parks and cycling paths
150,000 sft. club, equipped to cater to recreational,
business and entertainment
Top-notch healthcare in close proximity
The best of schools within the premises
Villa Plots
With a range of plot sizes, Embassy Springs offers the perfect
opportunity to build your dream villa and live in a harmonious
community of like-minded people.
Apartments
With a 40-acre zone ear-marked for apartments, Embassy
Springs will be home to nearly 3000 studios, 2-bedroom and
3-bedroom apartments, with a picture-perfect view of the
stunning landscape and a 17 acre natural lake.
Town Houses
This miniature city will be equipped with Embassy’s signature
town-houses. You can choose from signature row-houses
or twin-houses or an independent villa, depending on your
preferences. Designed by Andy Fisher Workshop, these limited
edition, exclusive residences come with the best of architecture,
specifications and private gardens.
A meticulously planned self-sustaining city
6. THE EMBASSY POST 6Issue 8 - June 2016
Embassy Springs takes magnitude and scale to a level not seen before in Bengaluru. The project comprises of:
RESIDENTIAL
Never-seen-before features
Embassy Springs is a green project in every sense. Be it a myriad
variety of parks - community parks, family parks, sports parks
and fringe green areas, the lush green spaces with over 100
types of trees, shrubs and wetland plants make it truly scenic.
This green corridor encourages moisture retention for the entire
area enabling a clean and green living space. The extensive 45
acre green cover promises ecological diversity in and around
Embassy Springs, providing a home for migrating birds and flora
and fauna. Add to that cycle avenues and walkways with
colourful blooms, safety railings, planned inlet draining and
raised flushed kerbs. LED-based street lights powered partly by
solar energy as well as automated lighting control ensures 70%
power savings, keeping the area eco-friendly. The green life
enriches the micro-climate within the site, while promoting the
biodiversity of the region. Attention to details ensures that
Embassy ‘Springs’ lives up to its name as an eternal source of
greenery.
A ‘Spring’ of abundant greenery
Acres of clubs,
school and
sports facilities
Acres of
neighbourhood
retail
Kms of
road network
Solar
street lights
7. The Embassy Group showcased their residential portfolio at the
Indian Property Show held at the Dubai World Trade Centre,
between the 2nd and 4th of June, 2016. This is an internationally
acclaimed event showcasing Indian Properties to NRIs across
the globe. It is one of the best property shows in the world and
one of the most awaited events on Indian Properties in several
countries. This marked the Embassy Group's first foray into the
Middle East market. Visitors were given insights and details into
the Residential Good Life portfolio, featuring Embassy Boule-
vard, Embassy Grove, Embassy Lake Terraces, Embassy ONE
and Embassy Pristine, as well as a preview to Embassy Springs,
which garnered a lot of interest among the NRIs in Dubai.
With the aim of helping Indians living in Dubai realise their
dream of owning a home back in India, the show featured 500
projects by over 150 developers from across the country - the
participating developers included some of the best Indian real
estate and construction companies. The show saw 11,000 people
attend and the Embassy Group is confident of a growing
presence in the Middle East market.
Embassy Group and the popular Bengaluru-based fashion
designer Paresh Lamba, collaborated to curate an evening of
luxury fashion and living in Hyderabad last week. The Embassy
Group showcased their luxury residential portfolio to 300 of
Hyderabad's most prominent business and fashion fraternity, at
one of the most elite lounges in Jubilee Hills-N-Grill.
THE EMBASSY POST 7Issue 8 - June 2016
Embassy Group participates in the
Indian Property Show in Dubai
Embassy Group and Paresh Lamba
collaborate at a luxury networking evening in Hyderabad
RESIDENTIAL
The evening saw Paresh Lamba showcase his latest fashion line
in an out-of-the-box fashion display featuring the "Gentleman
of Tomorrow". Entrepreneurs, movie stars, politicians and
models were dressed in Paresh's creations. Present from the
Embassy Group were Chairman and Managing Director-Jitu
Virwani as well as Mike Holland - CEO Embassy Office Parks
and Reeza Sebastian - Vice President, Embassy Residential Sales.
8. THE EMBASSY POST 8Issue 8 - June 2016
Our two prestigious Office Parks - Manyata Embassy Business Park and Embassy TechVillage were awarded as the Best Performing Office
Parks by the Ministry of Commerce & Industry. Collectively, our office parks have beaten all records with an estimated Rs.1 lakh crore
exports and 1 million people employed.This is indeed a celebration of the cutting-edge standards in office spaces and an enduring
commitment to engage with global communities.
Our office parks win accolades again
We are proud to announce our Landmark
Embassy TechZone SEZ Park coming up in Chennai
Transforming workspaces is what the Embassy Group does with practiced perfection. The company is set to create history in
workspaces of tomorrow with amenities that compare with the best globally. Leading companies from varied sectors are growing
rapidly within our Parks, bringing the number of corporate occupiers to over 175. The company believes in enriching lives
by working together in collaborative ways. A great deal of importance is placed on occupational health and safety and
environmental sustainability.
Proud winner of best performing SEZs in India
Manyata Embassy Business Park
and Embassy TechVillage
OFFICE PARKS
Embassy Office Parks is developing
a landmark SEZ project in Chennai
that is inspired by Manyata Embassy
Business Park Bengaluru, India’s
largest office park. Initially the
TechZone in Chennai will be
developed on a 30 acre land parcel
on the Thoraipakkam-Pallavaram
Road, one of the 3 key micro
markets in Chennai, just 4 kms away
from the international airport.
9. THE EMBASSY POST 9Issue 8 - June 2016
The fourth edition of the Park Premier League, the much
awaited inter-park cricket tournament, saw over 120 teams
registering enthusiastically, but only 64 teams could be
accommodated to play in the knock-out. Over 400 players
participated in the matches across the Parks. In the penultimate
round, NetApp(Embassy GolfLinks) Blue Ocean(Embassy
TechVillage) and IBM (Embassy Manyata), competed against each
other and NetApp and Blue Ocean qualified for the grand finale
on the 25th of May, at Embassy Manyata Sports Zone.The
tournament attracted over 500 spectators cumulatively, and the
grand finale was followed by a cricket carnival which was an added
attraction Apart from this, a lot of fun games were organized so
that other park members could also participate. Food trucks
served delicious snacks to everyone present at the venue.
Embassy Office Park’s Energize Board Game Club continues
to rock. This special club was started for park users and board
game enthusiasts, and they were seen bonding over a good game.
The club has got great response with over 1300 participants
competing against each other, over games like Carrom Board,
Chess and Scrabble. The club is functional on all Wednesday’s
from 12 noon to 5pm.
Bengaluru Football Club team captain Sunil Chhetri and his
team, visited Embassy Manyata on the 30th of March, at the
Amphitheatre. The event was attended by over 200 Park users.
Football enthusiasts were shortlisted a day prior through a
pre-event penalty shoot-out organized at Embassy Sports Zone,
and they got an opportunity to personally interact with Sunil
Chhetri and receive a signed jersey and other goodies from him.
In addition, they also got a chance to engage with him in a fun
penalty shoot-out.
Energize Board Game Club
Enjoying the action
Sunil Chhetri’s fun shoot out
at Embassy Manyata
‘Lack of Mind Space Limits Productivity’ Says David Allen
NetApp wins by 3 wickets
Globally acclaimed Productivity Guru and Founder of the ‘Getting Things
Done' (GTD) methodology, David Allen, conducted a workshop for CEOs at The
Hilton in Embassy Golf Links, Bengaluru, on March 16. His book, ’Getting Things
Done’ – The Art of Stress-Free Productivity, has sold over 1.6 million copies and
enjoys a cult following. Attendees included C-level executives from occupier firms
and top executives of the Embassy Group, led by Mike Holland-CEO, Embassy
Office Parks. At the event organized by Embassy Office Parks, along with Calm
Achiever, David introduced the GTD concept and described the five essential steps
- Capture, Clarify, Organize, Reflect and Engage- that create a relaxed, yet focused
control over the mind. “Lack of ‘mind space’ and not ‘time’ is the biggest limitation
for productivity, especially among the top management executives in the business
today,” remarked David.
ENERGIZE
10. THE EMBASSY POST 10Issue 8 - June 2016
Building vibrant communities
Embassy Celebrates World Environment Day
ICCT - 20 semi-finals was screened with great fanfare
across all the Embassy Office Parks on the 30th
and 31st
of
March. Cricket mania was on in full swing and to jazz up
the cricket mood, there was a theme based flea market
organized as well as cartloads of fun activities at Manyata
Embassy Business Park and Embassy GolfLinks on both the
days. The screening saw over 3000 park users cheering for
India on 31st
March, as they stayed late night to catch all
the action.
As a mark of commitment to sustainability and environmental
preservation, Embassy Office Parks and Embassy Service Teams
hosted an event on the occasion of World Environment Day-
2016. This is observed every year on June 5th and is run by the
United Nations Environment Programme( UNEP) to raise
global awareness about the need to take positive environmental
action to protect nature and planet earth and this event is
celebrated in over 100 countries. The attendees were educated
about solid waste and waste management solutions at source.
Vani Murthy the waste crusader of Bangalore and an active
ICC T20 – Cricket Mania catches on
As part of the continuing commitment to enhance the lives of people and empower them, several fun activities were lined up throughout
the year. Be it employees or Corporate occupants, the strong spirit of camaraderie was palpable across our Parks. From cricket mania, to
doing our bit for the planet on World Environment Day, there was never a dull moment at the work spaces.
ENERGIZE
member of Swatcha Graha, held an enlightening session on
waste management for over 150 participants. This was followed
by a Tree plantation drive that was attended by all key occupi-
ers of the parks, and included companies like Swiss Re,
Microsoft, IBM, Sony and Siemens amongst others.
The “wealth from waste” corporate competition saw close to 25
corporate teams participating and come up with brilliant ideas.
Organic market awareness walk, sapling distribution and the
compost quiz competition, saw over 700 participants across the
Parks and these were all a great success.
11. THE EMBASSY POST
ON THE ROAD TO GREATER DEVELOPMENT
11Issue 8 - June 2016
Challaghatta Road Improvement
Skywalks on Outer Ring Road
Roads near Embassy TechVillage
Embassy Group is investing in improving roads leading from Embassy GolfLinks to Challaghatta Road, totaling 1.4 km. The scope
of the project includes laying of bituminous roads from the Hero Honda showroom to Gate #2 and Gate #3 to Pipeline Road, and
refurbishing storm water drains and laying of kerbs and medians. The measures to beautify this stretch will be appreciated by one
and all.
In addition to an escalator skywalk, the Embassy Group has taken several measures to improve traffic conditions on the Marathahalli -
Sarjapur section of ORR. These include opening of the new road on the east side of Embassy TechVillage, connecting the main road leading
to Sarjapur Road and deployment of traffic wardens to support the traffic police in optimal traffic movement, outside the office park.
The Embassy Group strongly believes in enhancing the
infrastructure in and around our Office Parks and efforts are on
to build a skywalk to benefit the community at large. These
efforts are a reflection of our commitment to enhancing
communities around where we live and work.
In a major breakthrough, the Embassy Group has obtained ‘in
principle’ approval from the BDA for construction of an
Developing the roads and infrastructure in and around our prestigious office parks where the world comes to work, is part of what we
do. The cornerstone of the Embassy corporate ethos is a deep-held conviction that giving back to the community is the way forward.
The company continues to do its bit by streamlining the city’s infrastructure in a manageable way.
escalator skywalk on ORR outside Embassy TechVillage. The
location, design and specifications are being discussed. The
Embassy Group will fund the entire construction cost. Once
ready, the skywalk will provide immense relief to the
communities that live and work in the proximity of Embassy
TechVillage. We are also happy to say that the skywalk near
Embassy Manyata is due for completion in August 2016 and is
eagerly awaited by the people who live in the vicinity.
INFRASTRUCTURE
12. THE EMBASSY POST 12Issue 8 - June 2016
Spotlight on Events CII Logistics Summit on 21st
-22nd
April
India Logistics Expo 19th
-21st
May
Embassy Industrial Parks was proud to be the Industrial &
Warehousing Partner for the India Logistics Expo 2016, held at
the Bombay Exhibition Centre, Goregaon (E), Mumbai, from the
19th to 21st May.
In addition to the Expo, the conference also consisted of a series
of interactive sessions catering to the knowledge and growth
needs of the rapidly expanding Indian logistics sector. Embassy
The Confederation of Indian Industry (CII) held
their flagship event for the logistics sector at the
Hotel Lalit in Mumbai, on the 21st and 22nd of
April. Embassy Industrial Parks was proud to be a
Gold Sponsor at the event. The summit was the
ideal platform to showcase Embassy Industrial
Parks’ growing relationship with CII and increased
standing in the industry.
Anshul Singhal – CEO, Embassy Industrial Parks,
was one of the key speakers at the event. He spoke
about the business of logistics, buyers and end
users, and gave insights on how the space contin-
ues to evolve. Over 400 people attended the event
with a number of delegates showing an interest in
Embassy Industrial Parks’ upcoming project in
Chakan, Pune.
EMBASSY INDUSTRIAL PARKS
Industrial Parks was represented by Sandeep Chanda, Head –
Strategy & Acquisitions, who led a panel discussion on Global
Supply Chain Trends: ‘How India is preparing for the next move
against the evolving landscape.’
The event was a resounding success with most visitors being
drawn to the booth that was modelled along the lines of an
actual warehouse sitting in an industrial park.
13. THE EMBASSY POST 13Issue 8 - June 2016
Interaction with the Honorable Minister of Agriculture, Karnataka Government, Mr. Krishna Byre Gowda.
Interaction with Dr. Harsha PS, IPS – Deputy Commissioner
of Police – North East Division, Bengaluru.
Cycling our way to
eco-friendliness
Working hand-in-hand to ease traffic woes
EMBASSY SERVICES
Embassy Services, the property development arm of
Embassy Group, has added 25 cycles to its fleet at Embassy
TechVillage and another 50 cycles at Embassy TechZone,
Pune. This is indeed a reflection of the changing times and
the eco-friendly initiatives that the Embassy Group takes
towards its environment sustainability initiatives.
The Honorable Minister of Agriculture, Karnataka Government, Mr.
Krishna Byre Gowda and the sitting MLA from the Byatarayanapura
constituency, expressed an interest to meet the heads of clients
located at Manyata Embassy Business Park. He addressed the grave
traffic situation around the Park which was leading to loss of
productivity. He emphasized the need for individual clients to
promote carpooling within the employee community. Embassy also
facilitated the presence of three carpooling company founders and
representatives from BMTC, BBMP and Traffic police.
There was also an interactive session with the Additional
Commissioner of Police – Bangalore Traffic, Dr MA Saleem IAS,
on the 5th of February 2016. The session was hosted at Cognizant’s
office, which was attended by representatives of more than 20
companies,which included facility heads and park users. Dr. Saleem
spoke about the improvement and hurdles in traffic management
across the city in general and around this business park in particular.
He congratulated Embassy on the initiatives taken to improve traffic
around the campus such as the skywalk and the carpooling
campaign.
As part of the ongoing relationship, the DCP, NE Division,
Dr. Harsha PS, visited Manyata Embassy Business Park and
interacted with the clients on the topic of womens’ safety in the
IT sector.
He explained the initiatives that the Police Department has taken
and will be taking, such as a Whatsapp group for communicating
information on a timely basis, templates for complaints to enable
remote FIR and more.
Championing Green Initiatives
14. Stonehill International School - Setting Standards
THE EMBASSY POST 14
Message from Dr. Beverly Sortland
Head of School
Boarding School - Crossing milestones
M5 Personal Project Exhibition
Academic rigor and high expectations are central to a Stonehill
education, and we are proud to have an exemplary group of highly
qualified and professional teachers. In the current academic year
alone, one of our teachers has received a grant for educational
research in mathematics teaching techniques in the classroom,
and another is the author of a newly-published text on French
language acquisition, used in MYP classrooms around the world.
We are also privileged to have a number of International
Baccalaureate Organisation (IBO) subject examiners on our staff,
in Psychology, English, Biology, French, Mathematics, and Visual
Arts. Add to that a recently published article on Statistics by one
of our teachers, presentations at workshops in India and Asia on
the Primary Years Programme and Technology, and an Olympic
swimmer on our Physical Education staff, and Stonehill can truly
boast of an innovative and highly involved academic staff who are
committed to excellence and best educational practices.
However, learning and excellence doesn’t just happen in the
classroom at Stonehill. Our students benefit from world-class
tennis, equestrian, and other sports programmes, as well as
opportunities to make a real difference in our world, through
service learning projects, both close to home and further afield. In
order for our students to reap the maximum benefits of this
complete educational experience, we are pleased to offer both day
and boarding programmes.
On 2nd April, 2016, the boarding community witnessed
another milestone in our journey of development – the official
inauguration ceremony of all three of Stonehill’s boarding
houses by Mr. Jitu Virwani, Founder of Stonehill International
School. We now have a record number of 27 boarding students.
This exceeds our goal for 2015 – 2016, and sets us on our way to
doubling that number in the near future.
On 7th April, Stonehill International School
held its annual M5 Personal Project Exhibition.
This event is a major landmark in the life of M5,
or Grade 10, students. The Personal Project is an
integral part of the IB curriculum for Grade 10
students and makes up for a large percentage of
their assessments.
This year showcased 20 projects, each of them
embedded in a specific global context. The
students’ preferences were contexts such as
Identities & Relationships, Globalisation &
Sustainability, Personal & Cultural Expression,
and Scientific & Technical Innovation.
By completing their personal projects, the M5
students not only created interesting new products
or put ideas into practice, they also developed
organisation, communication, creative and critical
thinking and information literacy skills. They
developed as learners and became more
knowledgeable, open minded, thinkers, risk-takers
and reflective .
Congratulations to the M5 class of 2016, to their
parents, teachers and project supervisors.
Issue 8 - June 2016
The musical production of Roald Dahl's version of “Goldilocks and the Three Bears” by our P5 students, brought out their hidden talents.
There was a two month long competition that was held to name
our boarding houses. While we received an enormous number
of entries, the winning entry that was approved by the Head of
School and the Governing Council came from one of our
full-time boarders, Urvi. The selected names are: OHANA
House for the Junior Boarding House; SERENITY House for
the Girls Boarding School; and AMITY House for the Boys
Boarding School. Kudos to the team for their creativity.
EDUCATION
15. Rewriting Equestrian history
THE EMBASSY POST 15
After the start of warmblood breeding operations
in India, at the Embassy International Riding School
a couple of years ago, following which Four
warmblood foals were auctioned last year in the foal
championship, a lot of Equestrian horse owners
showed interest to procure warmbloods for their
riders while a couple of breeders looked to produce
sport horses with covering warmbloods from
thoroughbreds. Envisioning this, Jitu Virwani,
founder of the Embassy International Riding School
(EIRS), Chairman & Managing Director of Embassy
Group and Lara Becker from Germany, Head,
Breeding Operations, Embassy International Riding
School, set up India’s first and only Sporthorse
Studbook.
The warmblood studbook will offer breeding
consultancy, register warmblood foals and issue
passports for the foals which are born in India.
Under the aegis of Sporthorse Studbook, events like
foal championships and auctions, mare registration
events, stallion approvals and breeding workshops
will be held in India.
The Sporthorse Studbook and the breeding program
also helps India enlist itself to become a member of
the World Breeding Federation for Sporthorses, so
that the horses can obtain worldwide acclaim and
opening a gateway for competitions across the globe.
Adds Lara Becker, “At the moment, approximately
300 riders and 4278 horses are registered with the
Equestrian Federation of India. Even the number of
private riding clubs in India is growing and many
sporthorses from Europe were imported to India in
the last few years. In addition, there are a few other
warmblood breeders and stud farm owners who are
keen on investing in warmblood breeding.
This shows the interest and catering to this need
will ensure that India champions the sport in the
years to come.”
Isaack Koshy gained an entry into a premier novice championship final, after finishing third in the Senior British Novice Championship in
Oxford. With an impressive eighteen combinations he made it through to the final jump off, where thirteen talented riders held their nerve
to produce a treble clear, and it was once again down to the all-important clock to decide the leader board. Isaack Koshy from EIRS
training in Somerby, Leicestershire took home the third place on Zarosh Bharucha’s 9 year-old bay gelding, Equs Captain Morgan.They
gained their treble clear in 41.24 seconds. It was John Steels, Isaack’s trainer from MeltonMowbray, Leicestershire, who took victory on
board his own 5 year-old bay gelding, Lacoste.
India gets its first Sporthorse Studbook for warmbloods
Isaack Koshy makes a splash in the UK
Issue 8 - June 2016
.
INTERNATIONAL RIDING SCHOOL
16. Our Chairman and Managing Director,
Jitu Virwani stands first amongst equals on
the cover of Forbes India May 2016, Real Estate
Special Edition. The article titled ‘The
Workspace Meister’ sketches the journey of the
office space Meister and describes him as India’s
premier office space landlord. The
Bengaluru-based magnate is expanding his
presence into the residential arena with as much
élan and sense of purpose, that he has for his
office spaces.
Having started as a small developer in
Bengaluru in the 1980s, Virwani has in the last
two decades, built the largest stock of premier
Against All Odds - NDTV Prime
First amongst equals - The Forbes feature
IN THE NEWS
16
AQUARIUZ
The information and visuals contained herein are artistic impressions and are meant to be indicative and are subject to change as may be required by the authorities, architects and cannot form an offer or contract. While every
reasonable care has been taken in providing the information, the promoter Embassy Property Developments Private Limited or their agents cannot be held responsible for any inaccuracies. The promoters reserve the rights to
make alterations, additions and amendments as may be necessitated from time to time. Specifications and materials mentioned here are subject to availability.
Our Chairman and Managing Director on NDTV Prime, talking
about his journey with the Embassy Group. The program titled
‘Against All Odds’,details the meteoric rise of Jitu Virwani as
synonymous with the Real Estate boom in the IT capital. The
Embassy Group was the first to capitalise on the concept of mega
Office Parks in the city. Jitu Virwani has managed to keep the cash
registers running in the toughest of real estate scenarios. A pioneer in
integrated office parks of the future where employers, employees and
service providers create an eco system that is supportive and
productive. A dedicated service arm takes care of maintenance and
upkeep of cutting-edge amenities for the who’s who of corporates,
with complete transparency even after the office spaces are handed
over. The company has developed over 37 million sft of office space,
retail and residential and is taking the future head-on.
Issue 8 - June 2016
(Grade A, representing the highest
quality of buildings) office space in
the country - 24 million sft. Says
our Chairman, ” I am so bullish
about the demand for office space
that I see us adding another 3-4
million sft a year”.
The story goes on to essay Virwani’s
journey as a textbook case study in
how to systematically build a
business step by step. He eschews
leverage “Unless leverage is backed
by an identifiable cash flow, I am not
comfortable with it.” Tuhin Parikh,
Senior Managing Director at
Blackstone adds: “He understands
risk well, and knows how much risk
he should be taking.”
As the business has grown, Virwani
who is a regular on the Forbes India
Rich List and was ranked 68 in
2015, with $1.6 billion in wealth,
has delegated effortlessly while
still remaining accessible to his
customers. Adds Parikh, “ Virwani is
a prolific dealmaker and is able to see
inherent patterns in businesses
which enables him to see value
where others can’t, thereby giving
him the first mover advantage”. His
modus operandi is simple: take
capital from investors, develop
property, share the proceeds and
move to the next big thing. Over the
next 5 years Virwani moved to
cement his position in the Bengaluru
market. Through Embassy GolfLinks,
Manyata Embassy Business Park and
Embassy TechVillage that offers 20
million sft in the city alone, apart
from TechZone in Pune.
With his leadership position in
the Bengaluru office market
unchallenged, Virwani in 2012,
decided to get back to the residential
space, sticking to the premium
housing space. In May, he will make
another big bet by launching
Embassy Springs a 300 crore
township in North Bengaluru.
Embassy has acquired 52 acres in
Pune and 198 acres at
Sriperumbudur, near Chennai for
2 industrial parks that will come
equipped with basic infrastructure
and links to ports and airports. Here,
companies will set up factories for
their manufacturing needs.
Virwani at 50, is already looking to
the next generation to take over. He
enjoys mentoring his two sons Karan
and Aditya and insists that he could
step back in the next 4-5 years and
start something new. This could well
be a journey to watch out for, signs
off the journalist, Samar Srivastava.