Taurus has entered the Indian market with the understanding that it’s one of the world’s most diverse and complex markets to navigate and at the same time one of the most exciting and high potential places in which to invest and to do business. We appreciate the fact that having the right partners increases the chances of success greatly. Taurus is working with a world-class team of experts, each the best in their respective fields, to minimize the risk and maximize the potential of our investments in India.
We have selected the most capable and experienced consultants to help us with specialized services, including PwC as our financial and transaction advisors and AZB & Partners. We also work with leading design firms and international property consultants to make sure our projects reflect global best practices in design and management.
Taurus has formed a Joint Venture for the SEZ and Non-SEZ office development in CD 150 with Embassy Group, one of India’s largest developer of office spaces with an operating portfolio of over 30 Million square feet of Class A offices and a further 12 Million square feet under development.
The JV involves joint management of the development of the project by Embassy and Taurus as well as joint property management upon completion. Embassy will have primary responsibility for marketing and leasing the office spaces, leveraging its best-in-class portfolio of tenants.
As one of India’s largest owner and operator of office spaces, Embassy’s portfolio encompasses over 230,000 employees and more than 175 corporate tenants including IBM, Accenture, Microsoft, Fidelity, Wells Fargo, JP Morgan, Volkswagen, Mercedes Benz, Cisco, Nokia, Philips, Intel, PwC, Target, Lowe’s and Vodafone. In addition to its office development, Embassy is also one of India’s leading residential developers with 8 Million square feet of units delivered and 15 Million square feet of ongoing and future development under construction. Embassy is the dominant office developer in India’s largest office market, Bangalore and also has large office parks in Pune, Chennai and Hyderabad.
Taurus has formed a Joint Venture with Asset Homes, which is the leading residential developers in the State of Kerala, to develop a residential condominium tower as part of CD 150. Asset Homes has delivered over 55 condominium developments in the past decade and has the highest credit rating of any residential developer in India.
The JV will develop over 400 state-of-the-art, technology-enabled micro/co-living and market size serviced apartment units.