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
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.
Related News Articles
Linklaters Facilitates Integration of Saba into Interparking to Boost Pan-European Urban Mobility
AG Real Estate, AG Insurance, Interparking, and APG have joined forces with CriteriaCaixa to integrate Saba, a leading public car park operator, into Interparking. This move will significantly enhance Interparking Group’s position as a major player in urb
Canada's Luxury Real Estate Market Finds Stability in Q3 2024
In the Greater Toronto Area (GTA), luxury real estate sales over $4 million remained steady, with a 3.0 per cent year-over-year increase between July and August 2024. The market in Vancouver and Montreal also showed varying trends, influenced by populatio
Office Space Leasing to See 14% Surge in 2024: Cushman & Wakefield
India's office real estate market is booming, with gross leasing expected to reach a record 85 million sq ft in 2024, driven by strong demand from various sectors.
MHADA to Build 8 Lakh Affordable Homes in Maharashtra Over Next Five Years
Maharashtra Deputy Chief Minister Eknath Shinde, who also oversees the housing and urban development portfolio, announced that the Maharashtra Housing and Area Development Authority (MHADA) will construct 8 lakh affordable homes across the state in the ne
Maharashtra Budget 2025: Major Announcements Including Third Airport in Mumbai and Key Metro Link
The Maharashtra Budget 2025 has brought several significant announcements, including the development of a third airport in Mumbai and the extension of a key metro link. These projects aim to enhance infrastructure and boost economic growth in the region.
Dwarka's Real Estate Boom: How Improved Connectivity is Transforming the Area
Dwarka, once a remote residential area in the National Capital Region (NCR), has transformed into one of the top commercial and real estate hubs. The development of metro lines, expressways, and other infrastructure has played a crucial role in this trans