Embassy Developments sells 500+ units at North Bengaluru project, hits ₹495 Cr revenueEmbassy Developments sells 500+ units at North Bengaluru project, hits ₹495 Cr revenue

Introduction

Leading real estate developer sold over 500 units of Embassy Verde Phase II at Embassy Springs, North Bengaluru, generating approximately ₹495 crore topline within four days.

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Share price movement of Embassy Developments

On March 11, 2026, Embassy Developments Ltd (formerly Indiabulls Real Estate Limited)opened at ₹55.58, up 0.75% from its previous close of ₹55.17. The stock reached a high of ₹56.48 (2.39%) and a low of ₹54.50 (-1.22%). By 4:01 PM, it traded at ₹55.09, a 0.15% decrease, with a market cap of ₹7,661.00 crore.

Embassy Verde Phase II Sales Surge

Embassy Developments Ltd. sold over 500 units of Embassy Verde Phase II at Embassy Springs, North Bengaluru, achieving approximately ₹495 crore in topline within four days of launch.

Embassy Verde Phase II covers a saleable area of 7.38 lakh square feet. The project offers 702 units, including 1, 2, 2.5, and 3 BHK apartments with sizes from 601 to 1,344 square feet.

The development caters to young professionals and growing families. It features optimized layouts, natural light, and functionality, and is located near Kempegowda International Airport with strong connectivity.

Embassy Developments Ltd. has launched ~₹4,300 crore GDV in North Bengaluru in FY26. Future projects totaling ₹12,500 crore GDV are planned, continuing the company’s expansion in the micro-market.

Stock performance of Embassy Developments for period of 1 week, 6 months, and 1 year

Embassy Developments Ltd delivered a -3.97% return over the past week, a -40.8% decline over six months, and a -51.8% decrease over the past year.

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Shareholding pattern of Embassy Developments

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	42.70%	42.70%	42.40%
FII	25.30%	26.70%	28.10%
DII	3.40%	3.60%	3.70%
Public	28.60%	27.00%	25.80%

About Embassy Developments

Embassy Developments Ltd (NSE: EMBDL) develops residential, commercial, and SEZ projects across India, focusing on affordable to luxury housing, with strategic presence in MMR and NCR metro regions.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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