Expansion20 Jan 2026, 03:55 pm
Embassy Developments Ltd. Expands into Mumbai with GDV over INR 12,000 Crore
AI Summary
Embassy Developments Ltd. (EDL) is expanding into the Mumbai Metropolitan Region (MMR) with the launch of three residential projects, representing a combined Gross Development Value (GDV) of over INR 12,000 crore. EDL plans to invest approximately INR 4,500 crore to increase its Mumbai footprint. The projects are located in Worli, Juhu, and Alibaug, with a total development footprint of around 1.58 million sq. ft (RERA carpet area). Launches are planned to commence from Q4 FY2026. This expansion reflects EDL's long-term conviction in India's housing market and brings to the city a residential ideology shaped by the delivery of over 21 million sq. ft. of homes across South India.
Key Highlights
- EDL's first residential developments under the Embassy brand in Mumbai
- Three marquee residential projects across Worli, Juhu, and Alibaug
- Combined GDV over INR 12,000 crore and 1.58 million sq. ft. development footprint
- EDL's long-term conviction in India's housing market
- EDL's residential ideology shaped by the delivery of over 21 million sq. ft. of homes across South India