Equinox India’s Embassy Verde Sells Out Phase 1

03 Feb 2025 CW Team

Equinox India Developments Limited has announced the remarkable success of Embassy Verde, its premium residential project within Embassy Springs, one of North Bengaluru’s largest townships. In just five days since its pre-launch, Embassy Verde has garnered an overwhelming response, securing pre-sales bookings worth Rs 6.19 billion and selling over 700 units, covering a total saleable area of 0.7 million sq ft. Following the merger, this project is now part of the NAM Estates portfolio under Equinox India. Speaking on the milestone, Jitendra Virwani, Chairman of Equinox India, stated, “The success of Embassy Verde reaffirms the strong demand for high-quality residential developments in Bengaluru. Along with the sellout of Embassy East Avenue in Whitefield, this underscores our commitment to re-establish Embassy as a leading premium residential developer.

Based on this response, we plan to launch the third tower of Embassy Verde in March 2025. With the housing market on a strong trajectory, we are excited to build on this momentum further with the roll-out of more premium residential projects.”

Embassy Springs, located in North Bengaluru, is a 15-minute drive from Kempegowda International Airport, offering seamless connectivity to major employment hubs. Spanning 288 acres, the township features 45+ acres of green spaces, an 18-kilometre internal road network, and over 100 world-class amenities. It is designed as a self-sustained ecosystem, complete with a school, a senior living community, and lifestyle-enhancing facilities, setting a new benchmark for integrated urban living. With Phase 1 of Embassy Verde selling out at an unprecedented pace, Equinox India is set to capitalise on this momentum with further premium residential launches, reaffirming its position as a leader in Bengaluru’s real estate market.

Resources

04 Jun 2026

ULCCS Showcases Cooperative Model at UN Symposium

Uralungal Labour Contract Co-operative Society (ULCCS) showcased its community-led development model at the United Nations Headquarters in New York, where it participated as a panellist at the International Symposium on Cooperative Financial Institutions held on 28–29 May 2026.Jointly organised by the United Nations Department of Economic and Social Affairs (UN DESA), the International Cooperative Banking Association (ICBA), and the International Cooperative Alliance (ICA), the symposium was held under the theme ‘Fuelling Inclusive and Equitable Growth’ and brought together policymakers,..

Delhi Airport to Finalise 20-Year Master Plan

Delhi International Airport Ltd (DIAL) is finalising a 20-year master plan to guide long term infrastructure and operational development at Indira Gandhi International Airport, an official said. The operator expects the plan to reflect changes in the airline industry, shifts in the competitive landscape and evolving infrastructure requirements across terminals, airside and support services. The official said the document is likely to be ready in the next two to two-and-a-half months as the operator moves through planning stages. The plan will be prepared after consultations with airport users ..

Aadhar Housing Finance Targets Rs 500 bn AUM By FY29

Aadhar Housing Finance has set a target to raise its asset under management to Rs 500 billion (bn) by the end of FY29, aiming to achieve this over the next three financial years through an 18-20 per cent loan growth trajectory. The firm focuses on the low-income segment with a ticket size of less than Rs 1.5 million (mn) and has relied on that segment to drive expansion. The company closed FY26 with an AUM of Rs 305.71 bn, reflecting the expansion in recent years, and it reported a net profit rise of 22 per cent to Rs 11.08 bn. Management indicated that gross non-performing assets stood at 1.0..