Embassy Developments sells 450+ units worth ~₹860 Crore at launch of Embassy Greenshore

Embassy Developments sells 450+ units worth ~₹860 Crore at launch of
Embassy Greenshore

Bengaluru – December 8, 2025

Embassy Developments Ltd. (NSE: EMBDL / BSE: 532832) today announced the exceptional response to
Embassy Greenshore, its newly launched premium residential project within Embassy Springs, North
Bengaluru’s biggest and best-planned city.

Spanning ~14 acres and encompassing 1.55 million sq. ft. of saleable area, the development comprises 878
spacious 2, 3, and 4 BHK apartments spread across two phases. Crafted for upper-mid-segment buyers
seeking an elevated living experience, Embassy Greenshore introduces a distinct product typology with
larger-than-usual configurations rarely available at its price point in the North Bengaluru micromarket. The
launch of Phase 1 comprised of 700 units spread over 1.34 million sq. ft. of saleable area. The project
witnessed a strong market response, achieving bookings worth ~₹860 crore within five days of the launch.

A key differentiator is the project’s meticulous master planning – ensuring a high degree of privacy with no
homes looking into one another and offering residents access to their own ~3-acre central park with dedicated
leisure zones and access to multiple amenities spread across the podium. These features, combined with
premium finishing standards, position Embassy Greenshore as North Bengaluru’s most compelling
“affordable luxury” development – offering an aspirational lifestyle within reach.

Located in proximity to Kempegowda International Airport and key employment hubs, the project benefits
from Embassy Springs’ integrated ecosystem of green landscapes, social infrastructure such as Embassy
Academy – a CBSE-affiliated school, and connectivity, reinforcing its appeal as a preferred residential
destination.

Speaking on the milestone, Sebastian Karimpanal, Chief Revenue Officer – Residential, Embassy
Developments Ltd., said: “The overwhelming response to Embassy Greenshore reflects a growing desire
among homebuyers for homes that offer more – more space, more privacy, more refinement. We have
intentionally designed larger formats with expansive living spaces, tucked-away walk-in wardrobes, and
marble finishes to deliver a sense of everyday luxury rarely seen at this price point. With a thoughtfully crafted
masterplan that ensures no homes overlook each other, Embassy Greenshore offers a level of comfort and
exclusivity that is genuinely new for this micromarket. Phase 2 of the project, consisting of a premium tower,
will be launched by January 2026.”

This achievement follows the recent sell-out of Embassy Paradiso within the same township and is another
step in EDL’s focused growth journey, reinforcing its leadership in North Bengaluru’s residential market and
signalling a strong start to its next phase of launches.

For more information please contact:
Sera Minocher
sera.r@embassyindia.com

About Embassy Developments Limited

Embassy Developments Limited (formerly known as Equinox India Developments Limited and earlier as Indiabulls
Real Estate Limited) (“the Company”) is one of India’s leading real estate developers, specializing in the construction
and development of residential, commercial, and Special Economic Zone (SEZ) projects across Indian cities. With a
strategic focus on Bengaluru, the Mumbai Metropolitan Region (MMR), and the National Capital Region (NCR), the
company also has a presence in Chennai, Jodhpur, Vadodara, Vizag, and Indore. EDL boasts a diversified residential
portfolio, offering a well-balanced mix of high-value and high-volume developments across mid-income, premium, and
luxury segments. Its portfolio of ready, ongoing, and future residential developments includes branded residences, uber
luxury apartments and villas, exclusive town homes, condominiums, integrated townships, senior living communities,
and contemporary homes. Committed to building a resilient ecosystem, the Company actively fosters social, economic,
and environmental progress in the communities it serves. The Company is listed on BSE Limited (BSE) and the National
Stock Exchange of India Limited (NSE) and holds a long-term debt rating of IVR A- Stable from Infomerics.

Disclaimer 

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merger and the management’s ability to implement the company’s strategy that might impact the Group ‘s general
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