Embassy Developments Ltd (EDL), one of the leading Bengaluru-based real estate companies in the country, said that it has scheduled to launch its three new premium residential developments in the Metropolitan Region (MMR) from the fourth quarter of FY26.

The firm plans to invest over ₹4,500 crore across three prime locations, Worli, Juhu, and Alibaug, along with an additional ₹2,500 crore to complete ongoing projects in the region. The fresh projects in all three locations will have a gross development value (GDV) exceeding ₹12,000 crore and total area spanning 1.58 million sq ft.

• Embassy Citadel, the company's prominent development in Mumbai's Worli area will have a GDV of over ₹8,800 crore.
• Located near the Four Seasons hotel, this ultra-luxury residential project spans around 1 million sq ft of RERA carpet area.
• The project will feature a single tower with apartment configurations ranging from 3BHK to 5BHK units as well as two triplex residencies.
• The company said that it will have multiple luxury amenities spread across 1 lakh sq ft.

• The luxury residential development in Juhu is spread across 0.33 million sq ft of RERA carpet area.
• The development will have an estimated GDV of ₹3,000 crore.
• The project will consist of 50 homes that will cater to the comforts and demand of the multi-generational families and has pending approvals as of now.

• The third new project, located in Alibaug, will feature a lifestyle and second-home development, spanning 0.2 million sq ft of RERA carpet area.
• This low-rise project will have a GDV of about ₹400 crore, and is awaiting clearances currently.
• The focus of this project is to cater to the homebuyers preferring resort-styled homes, while also being closer to Mumbai.

Before strengthening its presence into the MMR, Embassy Development has completed and delivered more than six long-pending residential development projects across markets, including those located in Worli, Lower Parel and Thane. During this period, it has delivered homes to over 3,300 families.

Jitu Virwani, Chairman of EDL, said that the company aims to bring its strategy of creating projects that blend well the quality and community development into the Mumbai market. Along with the launch of the new projects, the company will also invest to finish the three legacy residential projects, consisting of around 5,000 units in MMR. Mumbai, being one of the major residential markets of India, will be a cornerstone of EDL's future growth.

Embassy Development has developed more than 75 million sq ft of saleable area in 22 cities such as MMR, Bengaluru, Delhi-NCR, Chennai and Indore. With this significant investment in Mumbai's luxury housing market, the company aims to prioritize quality over quantity. In the fiscal year 2026, the company expects to achieve pre-sales of about ₹5,000 crore because of Embassy Development's upcoming launches and more than 3,000 acres of land reserves.