Embassy Developments Ltd has achieved pre-sales of over ₹1,800 crore at Embassy Origins, its 85-acre residential development in North Bengaluru.
Within a week of its launch, the Company achieved 62% absorption of launched units, with bookings for 477 homes spanning over 10 lakh sq. ft. of saleable area.
Project details
Located north of Yelahanka, Phase 1 of Embassy Origins comprises two RERA-registered projects. Embassy Riverine offers 217 villas (4, 4.5 and 5 BHK) across 1.1 million sq. ft. of saleable area.
Embassy South Reserve offers 855 apartments (Studio to 3.5 BHK) across 1.5 million sq. ft. Together; the two projects offer approximately 2.6 million sq. ft. of saleable residential space.
Management comment
Reeza Sebastian, Chief Revenue Officer – Residential, Embassy Developments said: “This response gives us strong visibility on our FY27 pre-sales and cash flows, and we will build on this momentum with the next phase of Embassy Origins and our wider North Bengaluru pipeline.”
The launch builds on EDL’s track record in North Bengaluru, including the sell-out of Embassy Greenshore and Embassy Verde Phase II. With all RERA approvals secured prior to launch, Phase 1 of Embassy Origins is well poised for accelerated execution.