Archive · 23 Jun 2025
Embassy Developments to Build Bengaluru Residential Project
Embassy Developments is building new homes in Whitefield, Bengaluru.
They've agreed to build on 17.6 acres of land, with the project valued at ₹1,600 crore.
There will be about 1,000 apartments with different layouts.
These homes are aimed at young professionals in the IT sector.
The project will launch in FY27.
The area's transport is improving with new roads and metro lines.
Embassy Developments signed a Joint Development Agreement (JDA) to develop a residential community in Whitefield, Bengaluru.
The project spans 17.6 acres and is estimated to have a gross development value (GDV) of ₹1,600 crore.
The residential community will include approximately 1,000 apartments with 2, 2.5, and 3 BHK layouts.
The apartments are aimed at young professionals in the IT and ITeS sector.
The project launch is planned for FY27.
- Who
- Embassy Developments.
- What
- Embassy Developments signed a Joint Development Agreement (JDA) for a residential project in Whitefield, Bengaluru.
- When
- The deal was announced on June 23, 2025, with the launch planned for FY27.
- Where
- Whitefield, Bengaluru.
- Why
- Whitefield continues to be a strategic focus due to strong end-user demand and ongoing infrastructure development.
- Project Value
- ₹1,600 crore
- Land Size
- 17.6 acres
- Apartments
- Approximately 1,000
- Apartment Configurations
- 2, 2.5, and 3 BHK
- Target Audience
- Young professionals in the IT and ITeS sector
- Launch
- FY27
