Embassy Developments has signed a joint development agreement (JDA) for around 17.9 acres land parcel in Whitefield, Bengaluru. The planned development will comprise a premium residential community with an estimated gross development value (GDV) of around Rs 1600 crore.
The development will span around 1.6 msf of saleable area and feature around 1,000 thoughtfully designed apartments for young professionals, including 2, 2.5, and 3 BHK configurations. Launch is targeted for FY2027, aimed at catering to strong demand from IT and ITeS professionals in the region.
Embassy Developments (formerly known as Equinox India Developments and earlier as Indiabulls Real Estate) is one of India’s leading real estate developers, specializing in the construction and development of residential, commercial, and Special Economic Zone (SEZ) projects across Indian cities.
