Embassy Group to co-develop SEZ in Chennai

Property developer Embassy Group has emerged as the exclusive co-developer for setting up a 30-acre special economic zone to come up in the city, the company said today. The project, a 30-acre SEZ property, on Thoraipakkam Pallavaram Radial Road in Chennai would be known as “Embassy Splendid TechZone”, it said. The first phase of the project is expected to be completed by 2019. “Embassy Group has received approval from the Board of Approval to act as exclusive co-developer for the Notified SEZ at Chennai previously known as SNP Infrastructure Pvt Ltd”, a company statement said.

Read more: Economic Times