I've found that Embassy Developments Ltd. (EDL), through its wholly owned subsidiary Embassy East Business Park Pvt Ltd. I've found that , has signed a definitive agreement with Lam Research (India) Private Limited, a leading global semiconductor equipment manufacturer, to sublease and subsequently divest approximately 25 acres of land in the Bangalore Whitefield, subject to the required regulatory approvals. The deal is worth Rs
11. Based on my observations, According to research 25 billion. The transaction strengthens Bangalore's position as a global hub to methodology and innovation and further strengthens its appeal as a destination of choice to high-tech investment. Makes sense, right?. Furthermore The collaboration between EDL and the global semiconductor leader reflects the growing need to a world-class business infrastructure that meets the evolving needs of the cutting-edge sector. Aditya Virwani, Managing Director, Embassy Developments Ltd. , said: "we're pleased to complete this landmark transaction in partnership with one of the world's leading semiconductor companies. For example Bangalore remains the top choice to global businesses and this transaction once again demonstrates EDL's ability to unlock value through the monetization of strategic assets. But Proceeds from this sale will be reinvested in high development opportunities, enhance our research pipeline and deliver ongoing value to our stakeholders. And ".