Embassy Developments Ltd. Achieves Record Sales of 500+ Units in Embassy Verde Phase II
Bengaluru/Mumbai, India – March 11, 2026: Embassy Developments Limited (NSE: EMBDL / BSE: 532832) (EDL) has announced the sale of over 500 units of Embassy Verde Phase II, the latest residential offering within North Bengaluru’s master-planned community, Embassy Springs. The project achieved a topline of approximately ₹495 crore in just 4 days.
Located in close proximity to Kempegowda International Airport, the project benefits from Embassy Springs’ ecosystem of lush landscapes, social infrastructure, including Embassy Academy – a CBSE-affiliated school within the development, and its excellent connectivity.
Reeza Sebastian Karimpanal, Chief Revenue Officer – Residential, Embassy Developments Ltd., said, “The remarkable response to Embassy Verde Phase II reflects the clear and sustained demand we are seeing for integrated township living in Bengaluru. Homebuyers today are looking beyond individual apartments and prioritising communities that offer security, open spaces, lifestyle continuity for families, and the convenience of daily life within a single, managed environment. Embassy Springs has resonated strongly because it delivers this balanced living experience at scale, supporting both immediate lifestyle needs and long-term value.”
North Bengaluru remains a key strategic focus for EDL, where the company has built an enduring presence. Having already launched ~₹4,300 crore of Gross Development Value (GDV) in North Bengaluru in FY26, with a further ~₹12,500 crore of estimated GDV planned across upcoming phases and projects, EDL is set to continue expanding its footprint in the micro-market, offering homebuyers opportunities to participate in the region’s ongoing growth story.
Embassy Verde Phase II
Located within Embassy Springs, Embassy Verde Phase II boasts a saleable area of 7.38 lakh square feet. The project caters to a diverse spectrum of homebuyers – from young professionals seeking a polished 1 BHK to growing families in need of a spacious 3 BHK. The project comprises 702 residential units, offering 1, 2, 2.5, and 3 BHK apartments with sizes ranging from 601 to 1,344 square feet, designed to optimise space, natural light, and functionality.
Embassy Springs
Embassy Springs is a 288-acre township in North Bengaluru, offering seamless connectivity to major employment hubs and just a 15-minute drive from Kempegowda International Airport. With over 100 world-class amenities, 45+ acres of open green spaces, and an 18-kilometre internal road network, Embassy Springs has set a new standard for community living. The township also features a school, a senior living community, and a host of lifestyle-enhancing facilities, making it a truly self-sustained ecosystem for modern urban living.
About Embassy Developments Limited
Embassy Developments Limited (formerly known as Equinox India Developments Limited and earlier as Indiabulls Real Estate Limited) (EDL) is one of India’s largest listed real estate developers, specialising in the development of residential and commercial projects across key urban markets. With a strategic focus on Bengaluru, the Mumbai Metropolitan Region (MMR), and the National Capital Region (NCR), the Company also has a presence in Chennai and Indore. EDL has a diversified residential portfolio with a well-balanced mix of high-value and high-volume developments across mid-income, premium, and luxury segments. Its portfolio of ready, ongoing, and future residential projects includes branded residences, ultra-luxury apartments and villas, exclusive town homes, condominiums, integrated townships, senior living communities, and contemporary homes. The Company is listed on BSE Limited (BSE) and the National Stock Exchange of India Limited (NSE) and holds a long-term debt rating of IVR A- (Stable) from Infomerics. Further information is available at embassyindia.com
