Deals31 Jan 2025, 12:00 am
Equinox India Secures INR 619 Crores in Bookings for Embassy Verde in 5 Days
AI Summary
Equinox India Developments Limited has announced the successful pre-sale of its premium residential project, Embassy Verde, within Embassy Springs in North Bengaluru. The project, which spans across 0.7 million square feet, has sold over 700 units, securing a booking value of INR 619 Crores within just 5 days of its launch. This success underscores the strong demand for high-quality residential developments in Bengaluru and reaffirms Equinox India's commitment to re-establish itself as a leading premium residential developer. The company plans to launch the third tower of Embassy Verde in March 2025.
Key Highlights
- Embassy Verde secures booking value worth INR 619 Crores within 5 days of launch
- Over 700 units sold with a total saleable area of 0.7 million square feet
- Part of the NAM Estates portfolio now under Equinox India post-merger
- Plan to launch the third tower of Embassy Verde in March 2025
- Housing market on a strong trajectory with roll-out of more premium residential projects