Embassy Developments Achieves ₹495 Cr from Embassy Verde Phase II Sales
Filing Summary
Embassy Developments Ltd. reported the sale of over 500 units in Embassy Verde Phase II at Embassy Springs, North Bengaluru, achieving a topline of approximately ₹495 crore. The sales were completed within four days. Embassy Springs is a 288-acre township offering connectivity to major employment hubs and proximity to Kempegowda International Airport. The project includes 702 residential units with diverse configurations. Embassy Developments has launched approximately ₹4,300 crore of Gross Development Value in North Bengaluru for FY26, with plans for further expansion in the region.
Embassy Developments Ltd. announced the sale of over 500 units in Embassy Verde Phase II, located at Embassy Springs in North Bengaluru. The sales resulted in a topline of approximately ₹495 crore within four days. Embassy Springs is a master-planned community offering various amenities and connectivity to key locations, including Kempegowda International Airport.
The financial achievement of approximately ₹495 crore was realized from the sale of units in Embassy Verde Phase II. This project is part of Embassy Springs, a significant development in North Bengaluru. The sales were completed in a short span, highlighting the demand for residential units in this area. Embassy Developments has previously launched approximately ₹4,300 crore of Gross Development Value in North Bengaluru for the fiscal year 2026.
Embassy Verde Phase II comprises 702 residential units with configurations ranging from 1 BHK to 3 BHK apartments. The saleable area of the project is 7.38 lakh square feet. The project is designed to cater to a diverse range of homebuyers, including young professionals and growing families. The units are designed to optimize space, natural light, and functionality.
Embassy Springs is a 288-acre township that offers over 100 world-class amenities, 45+ acres of open green spaces, and an 18-kilometre internal road network. The township features a school, a senior living community, and various lifestyle-enhancing facilities. The development is strategically located to provide seamless connectivity to major employment hubs and is a 15-minute drive from Kempegowda International Airport.
The sales of Embassy Verde Phase II were completed within four days, indicating strong demand for integrated township living in Bengaluru. Embassy Developments has a strategic focus on North Bengaluru, where it plans to continue expanding its footprint. The company has announced plans for further development in the region, with an estimated ₹12,500 crore of Gross Development Value planned across upcoming phases and projects.
Embassy Developments Ltd. is one of India’s largest listed real estate developers, specializing in residential and commercial projects across key urban markets. The company focuses on Bengaluru, the Mumbai Metropolitan Region, and the National Capital Region, with a presence in Chennai and Indore. Embassy Developments offers a diversified residential portfolio, including mid-income, premium, and luxury segments, and is listed on BSE Limited and the National Stock Exchange of India Limited.