Embassy Developments Launches ₹4,500 Cr GDV Project ‘Embassy Origins’ in Bengaluru
Embassy Developments has announced the launch of Embassy Origins, a sprawling 85-acre residential township in North Bengaluru. The first phase, which has received RERA approvals, encompasses two sub-projects with a combined projected Gross Development Value of ₹4,500 crore.
Embassy Developments Approves ₹1,170 Crore Fund Raise via NCD Issuance
Embassy Developments has authorized an additional fund raise of ₹1,170 crore through a private placement of non-convertible debentures. This strategic move expands the company’s total borrowing headroom to ₹1,570 crore to support capital structure optimization and ongoing project development.
Embassy Developments Awards ₹850 Crore Construction Contract to Leighton Asia for Mumbai Project
Embassy Developments Limited has awarded a major construction contract worth over ₹850 crore to Leighton Asia for the civil and structural works of its Embassy Citadel project. This flagship development in Worli, Mumbai, represents a strategic entry into the ultra-luxury residential market with an estimated gross development value of ₹8,800 crore.