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Golflinks Software Park Private Limited buys office space in Embassy Golflinks in Bengaluru for Rs 341 crore

GSPL is a 50:50 joint venture between the Kelachandra group and the Embassy group

Golflinks Software Park Private Limited (GLSP) has acquired office space in Embassy Golflinks (EGL), spread across an area of 170916 sq ft, for an aggregate consideration of approximately Rs 341 crore, documents accessed by Propstack showed.

“…With a view to consolidate its holdings in India’s best business park, Embassy Golflinks (EGL), Golflinks Software Park Private Limited (GLSP) has recently concluded transactions with three private individuals for the acquisition of office space in EGL. GLSP has acquired a total of approximately 170,000 sq ft within Embassy GolfLinks for an aggregate consideration of approximately Rs 341 crore,” a spokesperson for GLSP confirmed.

GLSP is a 50:50 joint venture between the Kelachandra group and the Embassy group. Incorporated in 2000, the company developed a software technology park, Embassy Golflinks Business Park, on IRR in Bengaluru. The company has developed 4.7 mn sq ft in the 60-acre business park, which has been fully occupied.

Golf Links Software Parks Ltd has bought office space worth Rs 341 crore spread across an area of 170916 sq ft in Embassy Golf Links Business Park – Augusta and Sun River, documents accessed by Propstack showed.