Embassy Developments to Launch Rs. 10,300 Crore Projects in Bengaluru

Embassy Developments Ltd. has announced the launch of six new residential projects in North Bengaluru, collectively valued at approximately Rs. 10,300 crore. These projects are part of the company’s strategic expansion in the region and include two RERA-approved developments, Embassy Greenshore and Embassy Verde Phase II, located within the integrated township of Embassy Springs. The projects are designed to cater to the growing demand for premium housing in the area.

The financial scope of these projects is significant, with a total valuation of around Rs. 10,300 crore. Embassy Developments aims to achieve pre-sales of approximately Rs. 5,000 crore for the fiscal year 2026. The projects are expected to contribute substantially to the company’s revenue stream, reinforcing its position in the premium housing market in Bengaluru.

Operationally, the projects will cover a development potential of approximately 5.6 million sq. ft. Embassy Greenshore will offer over 800 apartments in 2, 3, and 4 BHK configurations, while Embassy Verde Phase II will provide additional opportunities for homebuyers following the success of Phase I. Another project in Hebbal will include over 600 premium residences in 3 and 4 BHK formats. Additionally, two villa projects covering 116 acres are planned, including an invite-only villa community and a premium villa project.

The timeline for these projects aligns with the company’s growth strategy for FY26. The RERA-approved projects are set to commence soon, with the aim of meeting the pre-sales target within the fiscal year. The developments are strategically located to leverage the connectivity and infrastructure of North Bengaluru.

Embassy Developments Ltd. is the primary entity responsible for these projects. The company recently underwent a merger with Nam Estates Private Limited, which was approved by the National Company Law Appellate Tribunal in January 2025. Following the merger, Embassy Group, led by Mr. Jitendra Virwani and Mr. Aditya Virwani, holds a 42.65% controlling stake in the company.

The market context for these projects is favorable, given the increasing demand for premium housing in Bengaluru. The projects are expected to strengthen Embassy’s market position and cater to the evolving preferences of homebuyers seeking integrated communities and well-designed homes. The company’s focus on North Bengaluru aligns with its strategic priorities and market opportunities.

Embassy Developments Ltd. is a leading real estate developer in India, specializing in residential, commercial, and SEZ projects. The company has a strong presence in key markets, including Bengaluru, the Mumbai Metropolitan Region, and the National Capital Region. Embassy Developments is committed to delivering high-value and high-volume developments across various segments, including mid-income, premium, and luxury housing.