Embassy Group consortium to invest ₹100 cr in BIAL entertainment arena
Embassy Group, a Bengaluru-based real estate company, and Phase 1 Experiences, an event organiser, which bagged the tender floated by Bangalore International Airport Ltd (BIAL), are setting up an entertainment arena at the airport with an investment of over ₹100 crore.
The consortium plans to develop and create the entertainment infrastructure in which live entertainment company – Live Nation – is expected to act as a project consultant.
The facility will come with a supersized dome to hold about 9,000 people for concerts and mega-events and a separate dome to host corporate events for upto 2,000 people.
Talking about the company’s association with airport experiential and entertainment arena project, Aditya Virwani, Chief Operating Officer, Embassy Group, said: “After having three decade of experience in commercial, residential, industrial, warehousing,
