NEW DELHI: Embassy Group has entered into a joint development pact for 3.75 acres of land in Whitefield, Bengaluru to launch a premium residential project. It will have an estimated revenue potential of around Rs. 550 crore.
The project encompassing about 5.4 lakh sq ft of saleable area, including approximately 400 apartments (comprising 2 BHK, 2.5 BHK, and 3 BHK), is expected to go live by Q4 FY24.
Embassy Group is looking to launch around Rs. 5,000 crore of inventory in the coming year.