Embassy Developments Enters MMR With Three Residential Projects
Real Estate

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.

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.

Next Story
Infrastructure Transport

Surya Roshni delivers customised lighting for NCRTC RRTS stations

Surya Roshni has supplied customised indoor lighting solutions for 18 elevated stations on the National Capital Region Transport Corporation's (NCRTC) Rapid Rail Transit System (RRTS), strengthening its presence in India's infrastructure lighting segment.The project involved the design and deployment of lighting systems for platforms, concourses, foot overbridges (FOBs) and back-of-house (BOH) areas. According to the company, the luminaires were developed specifically to meet NCRTC's design, operational and performance requirements rather than using standard products.Surya introduced two custo..

Next Story
Real Estate

Hilton debuts Tapestry Collection brand in Vietnam

Hilton has opened NHAAN Resort & Spa Hoi An, Tapestry Collection by Hilton, marking the debut of the Tapestry Collection brand in Vietnam and expanding its lifestyle hospitality portfolio in Southeast Asia.Located along the Co Co River in Cam Thanh village, the 174-key resort provides access to Hoi An Ancient Town, Cua Dai Beach and the Cam Thanh Nipa Forest. The property has been designed by Vietnamese architect Vo Trong Nghia, incorporating biophilic architecture, locally sourced materials and riverfront landscapes.The resort offers a mix of guest rooms and suites, including family-frien..

Next Story
Building Material

Electrent expands lithium energy storage system portfolio

Electrent Energy has expanded its lithium-based energy storage portfolio with the launch of the ESS 850 and ESS 1050, targeting compact and maintenance-free power backup solutions for Indian homes.The new systems integrate a Home UPS and a LiFePO4 lithium battery into a single unit, extending the company's product range following the launch of its ESS 1350 and ESS 2500 models.Designed for apartments and smaller homes, the ESS 850 provides up to 1 hour 15 minutes of backup, while the ESS 1050 offers up to 1 hour 45 minutes on a typical 400 W household load. The systems can power essential appli..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement