Embassy Group's Luxury Project in Bengaluru Sells Out, Generates ₹204 Crore Pre-Sales

Bengaluru-based real estate developer Embassy Development's luxury plotted project, Paradiso, located within the Embassy Springs township in North Bengaluru, has sold out, generating pre-sales of about ₹204 crore.

Real EstateBengaluruLuxury PropertyEmbassy GroupPresalesReal Estate NewsSep 09, 2025

Embassy Group's Luxury Project in Bengaluru Sells Out, Generates ₹204 Crore Pre-Sales
Real Estate News:Bengaluru-based real estate developer Embassy Development has announced that its luxury plotted project, Paradiso, located within the Embassy Springs township in North Bengaluru, has sold out, generating pre-sales of about ₹204 crore. This success was reported in a regulatory filing on September 9.

Spread across 6.4 acres, the development features large-format plots ranging from 4,300 to 4,800 sq ft, priced upwards of ₹4.3 crore. The project has attracted significant interest from high-net-worth individuals and new-age buyers who are looking for premium plots in low-density, infrastructure-ready communities.

Located approximately 15 minutes from Kempegowda International Airport, Embassy Springs is an integrated township in North Bengaluru that was launched in 2016. The project boasts 45 acres of green spaces, a school, a senior living facility, wellness zones, and an 18-km internal road network.

“The swift sell-out of Paradiso reflects two shifts in the residential market: rising preference for plotted living within integrated communities and sustained interest in North Bengaluru as a future-ready hub,” said Shailendra Subbaraya, chief operating officer – south, Embassy Developments Ltd. “Today’s buyers want more than just an apartment; they seek space, flexibility, community infrastructure, and long-term appreciation.”

In February, the company signed a joint development agreement for 3.75 acres in Whitefield, Bengaluru. The project covers 5.4 lakh square feet of saleable area and includes approximately 400 apartments (comprising 2 BHK, 2.5 BHK, and 3 BHK).

In June, the company signed a Joint Development Agreement (JDA) for a 17.9-acre land parcel in Whitefield, Bengaluru. The residential project, located off Whitefield Main Road, will span approximately 1.6 million sq ft of saleable area and is expected to include around 1,000 apartments in 2, 2.5, and 3 BHK configurations. The project has an estimated gross development value (GDV) of ₹1,600 crore, with a formal launch planned for FY2027.

Embassy Group, known for its high-quality projects and commitment to sustainable development, continues to lead the real estate market in Bengaluru with innovative and well-planned developments. The success of Paradiso underscores the growing demand for luxury living in well-integrated townships, particularly in North Bengaluru.

Frequently Asked Questions

What is the size of the Paradiso project?

The Paradiso project is spread across 6.4 acres, featuring large-format plots ranging from 4,300 to 4,800 sq ft.

Where is the Embassy Springs township located?

The Embassy Springs township is located in North Bengaluru, approximately 15 minutes from Kempegowda International Airport.

Who is Shailendra Subbaraya?

Shailendra Subbaraya is the chief operating officer – south, of Embassy Developments Ltd.

What other projects has Embassy Development launched in Bengaluru?

In February, Embassy Development signed a JDA for 3.75 acres in Whitefield, and in June, they signed a JDA for a 17.9-acre land parcel in Whitefield, both in Bengaluru.

What is the estimated gross development value of the 17.9-acre project in Whitefield?

The 17.9-acre project in Whitefield has an estimated gross development value (GDV) of ₹1,600 crore.

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