
Embassy Developments Posts Highest-Ever Quarterly Pre-Sales of ₹3,225 Crore
Embassy Developments Limited reported its highest-ever quarterly pre-sales, reaching approximately ₹3,225 crore in Q2 FY27. This represents a significant increase of about 272% quarter-on-quarter and 689% year-on-year. For the first half of FY27 (H1 FY27), pre-sales amounted to approximately ₹4,093 crore, up 574% year-on-year, achieving 51% of the company's FY27 pre-sales guidance of ₹8,000 crore. Collections also saw a healthy rise, increasing by 10% quarter-on-quarter to approximately ₹546 crore. The company successfully launched three new projects during the quarter with a combined Gross Development Value (GDV) of ₹8,397 crore, exceeding its pre-launch estimate. Notable launches include Embassy Origins in Bengaluru, which achieved combined sales of approximately ₹1,813 crore within two weeks, and Embassy Terazza in Mumbai, which recorded approximately ₹758 crore in launch sales, including a record-breaking ₹711 crore single-home transaction.
Key Highlights
- Q2 FY27 pre-sales hit a record ₹3,225 crore, up 272% QoQ.
- H1 FY27 pre-sales reached ₹4,093 crore, 51% of FY27 guidance.
- Launched three projects with ₹8,397 crore GDV, exceeding estimates.
- Achieved India's largest single residential transaction at ₹711 crore.
- Collections rose 10% QoQ to ₹546 crore.
Price Impact
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