Embassy Awards Rs 8,500 Million Contract For Worli Tower
ECONOMY & POLICY

Embassy Awards Rs 8,500 Million Contract For Worli Tower

Embassy Developments Limited said it has awarded a major construction contract valued at Rs 8,500 million (mn) to Leighton Asia, part of the CIMIC Group, for the Embassy Citadel residential project in Worli, Mumbai. The contract covers the complete civil and structural works package for the ultra?luxury single tower development.

Embassy Citadel occupies approximately one point six million (mn) sq. ft. and carries an estimated gross development value of Rs 88,000 million (mn). The development comprises 316 residences across three, four and five bedroom configurations and includes two exclusive triplex mansion homes. The scheme provides zero point one million (mn) sq. ft. of amenities distributed across seven lifestyle floors and a 79th?floor Sky Lounge, and rises to about 300 metres above ground.

The project has been designed as a vertically integrated luxury ecosystem focused on wellness, hospitality?inspired living and multi?generational community spaces, with engineering and construction precision emphasised throughout. The architectural and consultant team includes ADA Architecture, STX Landscape Architects, Studio HBA and Thornton Tomasetti. Leighton Asia brings international high?rise delivery experience and a stated commitment to safety, quality and reliable execution.

Senior executives at CIMIC Group highlighted the organisation’s capability in delivering complex urban high?rise residential projects and framed the award as evidence of operational expertise in India. Embassy Developments indicated that the scheme is intended to set a new benchmark for luxury living in Mumbai, citing an emphasis on engineering quality and construction safety. Both parties positioned the collaboration as a strategic partnership aligned with the project’s technical sophistication and scale.

Embassy Developments is a listed real estate developer with a presence across Bengaluru, the Mumbai Metropolitan Region, the National Capital Region, Chennai and Indore and a diversified residential portfolio spanning mid?income to uber?luxury segments. The company reported a long?term debt rating of IVR A? (Stable) and benefits from the institutional foundation of the Embassy Group, which has delivered and manages more than 100 million sq. ft. of real estate in India. Further information is available from the company.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Embassy Developments Limited said it has awarded a major construction contract valued at Rs 8,500 million (mn) to Leighton Asia, part of the CIMIC Group, for the Embassy Citadel residential project in Worli, Mumbai. The contract covers the complete civil and structural works package for the ultra?luxury single tower development. Embassy Citadel occupies approximately one point six million (mn) sq. ft. and carries an estimated gross development value of Rs 88,000 million (mn). The development comprises 316 residences across three, four and five bedroom configurations and includes two exclusive triplex mansion homes. The scheme provides zero point one million (mn) sq. ft. of amenities distributed across seven lifestyle floors and a 79th?floor Sky Lounge, and rises to about 300 metres above ground. The project has been designed as a vertically integrated luxury ecosystem focused on wellness, hospitality?inspired living and multi?generational community spaces, with engineering and construction precision emphasised throughout. The architectural and consultant team includes ADA Architecture, STX Landscape Architects, Studio HBA and Thornton Tomasetti. Leighton Asia brings international high?rise delivery experience and a stated commitment to safety, quality and reliable execution. Senior executives at CIMIC Group highlighted the organisation’s capability in delivering complex urban high?rise residential projects and framed the award as evidence of operational expertise in India. Embassy Developments indicated that the scheme is intended to set a new benchmark for luxury living in Mumbai, citing an emphasis on engineering quality and construction safety. Both parties positioned the collaboration as a strategic partnership aligned with the project’s technical sophistication and scale. Embassy Developments is a listed real estate developer with a presence across Bengaluru, the Mumbai Metropolitan Region, the National Capital Region, Chennai and Indore and a diversified residential portfolio spanning mid?income to uber?luxury segments. The company reported a long?term debt rating of IVR A? (Stable) and benefits from the institutional foundation of the Embassy Group, which has delivered and manages more than 100 million sq. ft. of real estate in India. Further information is available from the company.

Next Story
Infrastructure Energy

Centre Prioritising Energy Security With Coal Gasification

Union minister for Coal and Mines G Kishan Reddy said the Centre is prioritising energy security through a strategic shift to coal gasification and has announced incentives totalling Rs 460 billion (bn) to support the effort. He said more than 35 companies will start coal gasification activities in India within two months and that the government is encouraging firms that bring technology to close the domestic technology gap. The minister described the initiative as aimed at reducing import dependence and developing indigenous capacity. India has the fifth-largest coal reserve in the world, and..

Next Story
Infrastructure Urban

BHEL and Coal India Invest Rs 250 bn in Odisha Gasification

Bharat Heavy Electricals (BHEL) and Coal India (CIL) are jointly investing Rs 250 billion in a coal gasification project in Odisha, with the Prime Minister laying the foundation stone in Jharsuguda. Union Coal and Mines Minister G Kishan Reddy described the initiative as a transformative shift in coal utilisation that will open industrial avenues for the state. The project moves coal beyond conventional power generation to industrial feedstocks. Coal gasification will convert coal into synthesis gas, a versatile feedstock for chemicals, fertilisers and synthetic fuels, and the technology is ex..

Next Story
Infrastructure Energy

BCCL Hands Over Dugdha Coal Washery To JSW Steel

Bharat Coking Coal has handed over the Dugdha Coal Washery to JSW Steel, marking the first coal washery asset monetisation under the Ministry of Coal's asset monetisation programme. The handover took place in the presence of senior officials from Bharat Coking Coal Ltd, JSW Steel and JSW Energy. The washery has a capacity of two million tonnes per annum (mn t per annum), and its transfer is intended to introduce private sector practices into coal beneficiation operations. The monetisation is aimed at modernising coal sector assets, improving operational efficiency and enhancing resource utilis..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement