HOSPITALITY
Embassy Signs Deal For Commercial Real Estate Project In Lucknow
Embassy Developments Ltd has signed a non-binding Memorandum of Understanding (MoU) with the Uttar Pradesh Government under the Invest UP framework for a proposed large-scale commercial development in Lucknow. The proposed project envisages the development of 2.5 million to 3 million sq. ft. of commercial real estate with an estimated investment of ₹1,500 crore. Focus […]
CW Bureau
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Jun 24, 2026
HOSPITALITY
Leighton Asia Bags Embassy’s ₹850 Cr Order For Mumbai Citadel Project
Embassy Developments Ltd has awarded an ₹850-crore construction contract to Leighton Asia, part of the CIMIC Group, for Embassy Citadel, its ultra-luxury residential development in Worli, Mumbai. The contract covers the complete civil and structural works package for the project, which marks Embassy Developments’ strategic entry into Mumbai’s residential real estate market. Landmark project Embassy […]
CW Bureau
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Jun 15, 2026
HOSPITALITY
Embassy To Sell Sepset Jodhpur ‘Mega Mall’ To Pen India For ₹100 Cr
Embassy Developments Ltd and its wholly owned subsidiary Ceres Estate Ltd have entered into a share purchase agreement with Pen India Ltd for the sale of 100% equity in Sepset Real Estate Ltd for a total consideration of ₹100 crore. The consideration will be received in one or more tranches, and the transaction is expected […]
CW Bureau
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Apr 12, 2026