Embassy Group brings its Grade A business park model to Lucknow under the Invest UP framework
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Embassy Lucknow Business Park (Invest UP) marks Embassy Developments Limited's formal entry into Uttar Pradesh's commercial real estate market. Embassy Developments Limited has signed a non-binding Memorandum of Understanding with the Government of Uttar Pradesh for a proposed premium commercial development in Lucknow, marking the company's entry into the state's office real estate market. The indicative proposal under the Invest UP framework envisages 2.5 to 3.0 million square feet of office-led commercial space with an investment of about 1,500 crore rupees.
The proposal is framed around Embassy's long-standing conviction that quality commercial space drives economic activity rather than merely accommodating it. Embassy's Chairman Jitendra Virwani has said that high-quality commercial real estate is a catalyst for economic development, investment attraction and large-scale job creation. The company sees the timing as significant, describing Uttar Pradesh's current trajectory in similar terms. Virwani noted that with its scale, infrastructure momentum, improving business environment and focused policy push to attract enterprise and GCCs, the state is emerging as one of India's most compelling growth frontiers, adding that Lucknow has the potential to develop into a strong commercial hub for the next phase of India's office-led growth.
Embassy's design language across its parks has historically leaned on large-format, Grade A construction built for long-term institutional occupiers rather than fragmented ownership. Embassy Group has been at the forefront of India's real estate development for over the last three decades, developing 85 plus million square feet of commercial, residential, hospitality, education and industrial park spaces. It holds an extensive land bank of over 1,700 acres across the country, with iconic Grade A business parks and legacy projects across Bangalore, Mumbai, Pune, Delhi NCR, Chennai, Trivandrum, Serbia and Malaysia.
Lucknow's entry into this portfolio comes at a point when the state government is actively courting large developers to anchor its office-led growth story. The indicative proposal covers premium office-led commercial development and is expected to generate large-scale employment while attracting enterprises and global capability centres to Lucknow. For Embassy, it extends a model proven in Bengaluru and other gateway cities into a new geography that the group has identified as strategically important.
The proposal remains at an early, MoU stage, with definitive agreements and approvals still to follow before construction milestones can be shared.
| Configuration | Size | Starting Price |
|---|---|---|
| Grade A Office Space Institutional-grade, office-led commercial space planned under the Invest UP framework | 2500000–3000000 sq.ft. | On request |




Detailed master plan and unit-wise floor plans available on request.
Lucknow, Uttar Pradesh · Lucknow
Lucknow has been steadily repositioning itself from an administrative capital into a commercial one, with corridors such as Kisan Path, Shaheed Path and the Purvanchal Expressway reshaping how the city connects to Delhi NCR, Kanpur and the wider Purvanchal belt. The state government's push to bring institutional developers into the city is part of a broader strategy to draw enterprises and global capability centres away from the traditional metros. It is within this narrative that Embassy Developments has signed on to build its first Uttar Pradesh project.
An address anchored to Embassy's entry into Lucknow carries the weight of the group's wider track record rather than a single building's amenities. The company has signalled that this development is meant to function as an institutional-grade business ecosystem for the city, aligning with Lucknow's ambition to host large enterprises and GCCs rather than smaller, transactional office space.
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A high-speed expressway linking Lucknow to eastern Uttar Pradesh, cutting travel time to the Purvanchal belt and strengthening the city's role as a logistics and business gateway.
An arterial ring road encircling Lucknow that improves cross-city movement and connects emerging business districts to the airport and older commercial cores.
A dedicated IT and business district being assembled by the Lucknow Development Authority through a land pooling model, aimed at anchoring technology and enterprise occupiers near Kisan Path.
The city's international airport continues to see capacity and connectivity upgrades, supporting business travel demand for enterprises and GCCs locating in Lucknow.
A state policy offering subsidies for data centre and enterprise infrastructure investment, reinforcing Lucknow's positioning for large-format commercial occupiers.
Embassy Group has built and managed over 85 million square feet of commercial, residential, hospitality, education and industrial space since its founding, giving this Lucknow entry the weight of a long institutional track record.
This development marks Embassy Developments' first project in Uttar Pradesh, extending a business park model proven across Bengaluru, Mumbai, Pune, Chennai and Delhi NCR into a new growth state.
The indicative proposal carries an investment of about Rs 1,500 crore, signalling a scale of commitment aimed at anchoring large enterprises rather than smaller, fragmented tenancies.
At 2.5 to 3.0 million square feet of planned office-led space, the project is designed to accommodate sizeable corporate and GCC occupiers within a single, integrated business park.
The project was signed as an MoU with the Government of Uttar Pradesh under the Invest UP framework, attended by senior state officials including the Finance Minister and the Infrastructure and Industrial Development Commissioner.
The development is intended to attract enterprises and global capability centres to Lucknow, aligning with the city's ambitions to become a recognised office-led commercial hub.
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