mumbai project management and consulting firm synergy property development services today said it has bagged two residential projects from the bangalorebased embassy group worth rs 1239 crore on turnkey basisunder contract synergy will manage the entire development the projects including design procurement construction management coordination engineering and will be responsible for time cost quality and environmental health and safety standards the company said in a statement herethe two projects are embassy boulevard and embassy lake terraces coming in bangalore it saidwe have taken up the challenge to deliver the projects through international standards we have even mobilised resources local and international to ensure high standards chairman and managing director sankey prasad saidblackstone real estate partners an affiliate of blackstone group lp had invested usd 18 million for a minority stake in synergy in 2008 the current order book of synergy stands at over 125 million sq ft or rs 2000 crore