Embassy Developments is aiming to achieve sales bookings of Rs 8,000 crore in the FY27, a year-on-year growth of 73%. This includes Rs 2,000 crore worth of sales bookings or pre-sales in two housing projects that the company is building on a DM (development management) model. In the two DM projects, the company would build as well as sell apartments, and receive 10% of the revenue as its fee.
To meet FY27 sales bookings target, the company is planning to launch nearly Rs 19,500 crore worth of homes in FY27 across Bengaluru, Mumbai Metropolitan Region (MMR), and Delhi-NCR. Moreover, the company has around Rs 11,000 crore of inventories in the ongoing projects. Further, the demand for well-designed and high-quality residential properties continues to be robust, especially for branded players having strong execution track record.
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.
