Synergy Property bags Embassy's two projects

Synergy Property Development Services, a project management and consulting company, has announced that they have bagged two prestigious residential projects from the Embassy Group worth Rs 1,239 crore on turnkey basis. Embassy Boulevard, a high-end premier villa project, and Embassy Lake Terraces, a multi-storied premium residential project will come up in Bangalore. Blackstone Real Estate Partners, an affiliate of The Blackstone Group LP invested $18 million for a minority stake in the company in 2008. source: http://www.realtyplusmag.com/rpnewsletter/fullstory.asp?news_id=18220&cat_id=1