Embassy Developments Ltd. (NSE: EMBDL / BSE: 532832) has announced its expansion into the Mumbai Metropolitan Region (MMR), marking the first residential developments under the Embassy brand in Mumbai. The company plans to invest approximately ₹4,500 crore to develop three residential projects located in Worli, Juhu, and Alibaug.
According to the company, the three projects together are expected to have a combined Gross Development Value (GDV) of more than ₹12,000 crore. The total development footprint across these projects is around 1.58 million square feet of RERA carpet area. Launches for the projects are planned to commence from Q4 FY2026.
The expansion into Mumbai forms part of Embassy Developments’ broader growth strategy. The Embassy platform has a presence across multiple Indian cities, with completed developments spanning residential, commercial, hospitality, education, and property management segments. The group has delivered residential projects across South India and is now extending its residential portfolio into Western India through the Mumbai market.
Over the last year, Embassy Developments has focused on operational execution and project completion. Since taking operational control of the EDL platform, the company has completed and handed over six residential projects that were previously pending. These handovers have resulted in the delivery of homes to over 3,300 families. The completed projects include three developments in Mumbai, located in Worli, Lower Parel, and Thane.
The planned Mumbai projects are expected to add to the company’s residential pipeline over the medium term. Embassy Developments stated that the proposed developments will be executed using its existing development processes and operational framework. The company has not disclosed project-wise timelines beyond the proposed launch period starting Q4 FY2026.