Embassy Developments Records ₹1,800 Crore in Pre-Sales at Launch of Embassy Origins
Embassy Developments Limited recorded over ₹1,800 crore in pre-sales for its Embassy Origins residential project in North Bengaluru. Within a week of its September 16, 2026 launch, the company achieved 62% absorption, booking 477 homes across 10 lakh sq. ft. This strong response provides visibility for FY27 pre-sales.
Achieving ₹1,800 crore in pre-sales and high absorption at the launch of a major residential development is a significant positive event for a real estate company, likely to boost investor confidence and financial performance.
The announcement highlights strong pre-sales figures and high absorption rates for a new project launch, indicating positive market reception and future revenue visibility.
Embassy Developments Limited (EDL) announced pre-sales exceeding ₹1,800 crore for its new residential development, Embassy Origins, located in North Bengaluru. The project, launched on September 16, 2026, achieved a 62% absorption rate within a week, with bookings for 477 homes across over 10 lakh sq. ft. of saleable area.
Phase 1 of Embassy Origins includes two RERA-registered projects: Embassy Riverine, offering 217 villas, and Embassy South Reserve, featuring 855 apartments. The development is designed around a 'Natural Intelligence' philosophy, incorporating a central riparian corridor and extensive native tree planting.
Reeza Sebastian, Chief Revenue Officer - Residential at Embassy Developments Limited, expressed optimism about the launch response, stating it provides strong visibility for FY27 pre-sales and cash flows. This success follows EDL's previous sell-outs in North Bengaluru, such as Embassy Greenshore and Embassy Verde Phase II.
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Embassy Developments Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Embassy Developments Limited. Read the original for the full detail.