Home Business Embassy to develop residential realty worth ₹1,600 crore in Bengaluru

Embassy to develop residential realty worth ₹1,600 crore in Bengaluru

0
Embassy to develop residential realty worth ₹1,600 crore in Bengaluru


Embassy Developments Ltd. (EDL), a Bengaluru-based real estate firm, has on Monday signed a Joint Development Agreement (JDA) for a 17.9 acres land parcel in Whitefield, in the City.

The planned development would comprise a premium residential community with an estimated gross development value (GDV) of ₹1,600 crore, said the firm.

Aditya Virwani, Managing Director, EDL, “While we have a secured launch pipeline of 10 projects for FY2026 with an expected GDV of over ₹22,000 crore, this deal reinforces our commitment to building a robust future pipeline and we are actively exploring new opportunities across key markets.”



Source link

NO COMMENTS

Exit mobile version