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

Bengaluru-based real estate developer Embassy Development has announced that its luxury plotted project, Paradiso, situated within the Embassy Springs township in North Bengaluru, has sold out, generating pre-sales of about ₹204 crore. The company made this announcement 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 interest from high-net-worth individuals and new-age buyers looking for premium plots in low-density, infrastructure-ready communities.

Located about 15 minutes from Kempegowda International Airport, Embassy Springs is an integrated township in North Bengaluru, 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. These amenities make it an attractive option for those seeking a holistic living experience.

“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.”

Embassy Development has also been active in other parts of Bengaluru. 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, a leading real estate developer in India, has a strong presence in major cities across the country. The company is known for its integrated townships and high-end residential projects, which cater to a diverse range of buyers, from first-time homebuyers to high-net-worth individuals. The success of Paradiso in North Bengaluru further cements Embassy Group's reputation for delivering premium, well-planned communities that meet the evolving needs of modern buyers.