The planned development will comprise a premium residential community with an estimated gross development value (GDV) of approximately Rs 1,600 crore.

The development will span nearly 1.6 million square feet of saleable area and feature ~1,000 thoughtfully designed apartments for young professionals, including 2, 2.5, and 3 BHK configurations. Launch is targeted for FY2027, aimed at catering to strong demand from IT and ITeS professionals in the region.

Nestled off Whitefield Main Road, the project will enjoy access to Whitefield's robust social and physical infrastructure, including hospitals, schools, banks, tech parks, and malls.

Aditya Virwani, managing director, Embassy Developments, said: Whitefield continues to be a strategic focus for us.

As a predominantly end-user-driven micro-market, it has shown greater resilience supported by sustained demand from Bengaluru's professional workforce and ongoing infrastructure growth.

While we have a secured launch pipeline of 10 projects for FY2026 with an expected GDV of over Rs 22,000 crore, this deal reinforces our commitment to building a robust future pipeline and we are actively exploring new opportunities across key markets.

Embassy Developments 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.

The company had reported a consolidated net profit of Rs 129.53 crore in the quarter ended March 2025 as against net loss of Rs 98.99 crore during the previous quarter ended March 2024. Revenue increased by 134.03% to Rs 889.31 crore in Q4 FY25 as compared with Q4 FY24.

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