The record
Written from the 1 report below. Nothing here is unsourced.
- Embassy Developments has launched two residential housing projects in North Bengaluru with an estimated revenue of Rs 4,500 crore.
- The projects, Embassy Riverine and Embassy South Reserve, are part of an 85-acre township called Embassy Origins and are RERA-approved.
- The two projects together will offer 217 villas and 855 apartments, spanning more than 2.6 million sq ft of saleable space.
- Embassy Developments operates in Bengaluru, Mumbai, Delhi-NCR, Chennai and Indore, and is part of the Embassy Group.
- The launch matters because the company says housing demand in the Bengaluru market remains strong.
What to watch next
- Sales and bookings response for Embassy Riverine and Embassy South Reserve after the launch.
- Further phases of the 85-acre Embassy Origins township beyond the first two projects.
Who said what1
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Aditya Virwani
Managing Director, Embassy Developments Ltd
1 quote · 1 outlet
“the housing demand continues to be strong in the Bengaluru market”
In the article
…Developments will build 217 villas and 855 apartments. Together, the two projects offer more than 2.6 million sq ft of saleable residential space. Aditya Virwani, Managing Director, Embassy Developments Ltd, said the housing demand continues to be strong in the Bengaluru market . Embassy Developments has a presence in Bengaluru, Mumbai Metropolitan Region (MMR), Delhi-NCR, Chennai and Indore. The company is part of Bengaluru-based Embassy Group, which has delivered more than 100 million sq ft…
Coverage1
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Named India · Bengaluru · Aditya Virwani · Embassy Developments · Embassy Group
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