Embassy Developments Ltd. has entered a Joint Development Agreement for a 17.9-acre land parcel in Whitefield, Bengaluru, planning a premium residential community with a ₹1,600 crore gross development value. The project, targeting a FY2027 launch, will feature 1,000 apartments catering to IT professionals. Following a merger, Embassy Group now holds a 42.44% controlling stake in EDL.
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Embassy Developments signs JDA for Rs 1,600 crore premium residential project in Bengaluru
