Embassy Developments Limited (EDL) has announced its entry into the Mumbai Metropolitan Region (MMR), marking the company’s first foray into residential development in Mumbai.
As part of this expansion, EDL plans to invest approximately ₹4,500 crore across three marquee residential projects located in Worli, Juhu, and Alibaug. Collectively, these developments are expected to generate a gross development value (GDV) exceeding ₹12,000 crore and will span nearly 1.58 million square feet of development area. Project launches are slated to commence in the fourth quarter of FY2026.
Backed by the Embassy Group’s three-decade legacy and a track record of delivering over 75 million square feet of real estate across India, the company aims to bring its expertise in luxury and premium housing to the Mumbai market. EDL’s focus will be on creating high-quality homes with an emphasis on design excellence and customer experience, building on its established success in South India. Commenting on the expansion, Chairman Jitu Virwani said, “Our legacy lies in how thoughtfully a space is envisioned, reliably delivered, and meaningfully serves its residents.”
News by Rahul Yelligetti.