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Embassy Developments informs about press release

23 Jun 2025 Evaluate

Pursuant to Regulation 30 of SEBI LODR Regulations, Embassy Developments has informed that the Company has signed a Joint Development Agreement (JDA) for ~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 ~?1,600 Cr. Further, it has enclosed a Press Release dated July 23, 2025, titled as ‘Embassy Developments Limited Inks Joint Development Pact for ~17.9 Acres of Land in Whitefield, Bengaluru; Boosts Existing Residential Pipeline with an Estimated GDV of ~?1,600 Cr’.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Lodha Developers 1039.50
Prestige EstatesProj 1432.80
Dilip Buildcon 379.00
DLF 694.35
Oberoi Realty 1655.00
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