Embassy Developments shares rise after receiving approval for Phase 1 of Embassy Serenity
News by Aliceblue News Desk
17 Feb 2026
Introduction
Leading real estate developer received MahaRERA approval for Phase I of a seven-acre residential project in Alibaug, featuring 52 units and an estimated ₹400 crore GDV.
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Share price movement of Embassy Developments
On February 17, 2026, Embassy Developments Ltd (formerly Indiabulls Real Estate Limited) opened at ₹64.40, up 1.78% from its previous close of ₹63.18. The stock reached a high of ₹65.80 (4.17%) and a low of ₹63.90. By 11:24 AM, it traded at ₹64.18, a 1.58% increase, with a market cap of ₹8,925.09 crore.
Embassy Serenity Receives MahaRERA Approval
Embassy Developments Ltd received MahaRERA approval for Phase I of Embassy Serenity, its first residential project in Alibaug. The project marks the company’s entry into the lifestyle and second-home segment.
Embassy Serenity spans 0.2 million sq. ft. of RERA carpet area with an estimated GDV of ₹400 crore. The approved phase includes five G+5 towers with 52 residences in duplex and simplex layouts.
The project covers seven acres with over 52% open green space. Global partners Broadway Malyan and Coopers Hill are designing architecture and landscape, with possession targeted for 2030, subject to approvals.
Stock performance of Embassy Developments for period of 1 week, 6 months, and 1 year
Embassy Developments Ltd declined 1.76% over the past week and fell 36.4% in the past six months. The stock dropped 51.6% over the past one year.
Also Read: Lodha Developers gains 2% after signing deal to acquire stake in Pune real estate firm
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) is a leading Indian real estate developer with diversified residential and commercial projects across key urban markets, including Bengaluru, MMR, NCR, Chennai, and Indore.
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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.
FAQs
Q: Why is Embassy Developments Ltd share price rising today?
A: Embassy Developments Ltd received MahaRERA approval for Phase I of Embassy Serenity in Alibaug, a seven-acre residential project with 52 units.
Q: What is Embassy Developments Ltd’s main business focus?
A: Embassy Developments Ltd develops residential and commercial real estate projects across key Indian urban markets, including Bengaluru, MMR, NCR, Chennai, and Indore.
Q: What are the 52-week high and low of Embassy Developments Ltd stock?
A: Embassy Developments Ltd 52-week high is ₹137.90, and the 52-week low stands at ₹55.80.
News Author
Aliceblue News Desk
