Embassy Developments Ltd plans an estimated investment of 4,500 INR-Crore to build luxury residential projects in Mumbai. The developments will come up across key locations, including Worli, Juhu, and Alibaug.
These upcoming projects will span nearly 1.58 Million-SqFt and together hold a GDV of more than 12,000 INR-Crore. The flagship project in Worli, Embassy Citadel, will deliver ultra-luxury homes with a GDV of over 8,800 INR-Crore. Additionally, the single-tower will cover around 1 Million-SqFt of RERA carpet area and offer 3, 4, and 5 BHK apartments along with two triplex mansions.
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Additionally, in Juhu, Embassy Developments plans a luxury residential project spanning about 0.33 Million-SqFt of RERA carpet area. The project will feature nearly 50 large homes designed for multi-generational families in Mumbai. It will carry an estimated GDV of 3,000 INR-Crore. Furthermore, the 0.2 Million-SqFt Alibaug project will feature low-rise, resort-style residences aimed at second-home buyers with a GDV of 400 INR-Crore.
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Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, the image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article, please email editor@biltrax.com.
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