
Embassy Developments Limited announced that it recorded sales of around ₹495 crore within 4 days of launching Embassy Verde Phase II, a residential project in north Bengaluru. In the filing, the company stated that more than 500 units were sold during the initial launch period.
The development is located within Embassy Springs, a large township project in the northern part of the city. The area has drawn residential demand due to its proximity to Kempegowda International Airport and nearby employment zones.
Embassy Verde Phase II has a saleable area of about 7.38 lakh square feet. The development comprises 702 residential units across several apartment configurations.
The housing options include 1-bedroom, 2-bedroom, 2.5-bedroom and 3-bedroom apartments. Unit sizes range from roughly 601 square feet to 1,344 square feet.
The project forms part of Embassy Springs, a township spread across around 288 acres in north Bengaluru. According to the company, the township includes more than 100 amenities and over 45 acres of open green space.
The development also features an internal road network of about 18 kilometres and social infrastructure such as Embassy Academy, a CBSE-affiliated school within the township.
Embassy Developments said north Bengaluru remains a key focus area for its residential portfolio. In FY26, the company has already launched projects in the region with a gross development value of about ₹4,300 crore.
It also plans additional projects and phases in the area with an estimated gross development value of nearly ₹12,500 crore. The company focuses on projects across Bengaluru, the Mumbai Metropolitan Region and the National Capital Region, while also maintaining a presence in Chennai and Indore.
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As of March 12, 2026, 10:36 am, Embassy Developments share price was trading at ₹54.62, a 0.71% decrease from the previous closing price
The sales reported in the first few days of the launch indicate continued activity in the residential market in north Bengaluru, particularly in township developments located near transport links and employment centres.
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Published on: Mar 12, 2026, 11:38 AM IST

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