Embassy Developments Enters MMR With Three Residential Projects
Embassy Developments (EDL) has announced its entry into the Mumbai Metropolitan Region (MMR) with the launch of three residential projects in Worli, Juhu and Alibaug, marking the first Embassy-branded residential developments in the city. The company plans to invest around Rs 45 billion as part of this expansion, with the combined Gross Development Value (GDV) of the three projects expected to exceed Rs 120 billion. The developments will together span about 1.58 million sq ft of RERA carpet area, with launches scheduled to begin from Q4 FY2026.
The Worli project, Embassy Citadel, is positioned as an ultra-luxury single-tower development with a GDV of over Rs 88 billion and has received RERA approval. The proposed Juhu project will be a low-density luxury development with an estimated GDV of around Rs 30 billion, while the Alibaug project will focus on lifestyle and second-home living with a GDV of approximately Rs 4 billion; both are pending approvals.
Over the past year, EDL has completed and handed over six long-pending residential projects, including three in Mumbai, delivering homes to over 3,300 families. The company expects to achieve pre-sales of about Rs 50 billion in FY26, supported by a calibrated launch pipeline and a land bank exceeding 3,000 acres.