Embassy Developments Posts Highest-Ever Quarterly Pre-Sales of ₹3,225 Crore
- Q2 FY27 pre-sales reached ₹3,225 crore, up 272% QoQ; collections rose 10% QoQ to ₹546 crore
- H1 FY27 pre-sales stood at ₹4,093 crore, up 574% YoY and reaching 51% of FY27 pre-sales guidance
- Three project launches with a combined GDV of ₹8,397 crore during the quarter – an increase from the company’s pre-launch estimate of ₹7,500 crore
- Embassy Riverine and Embassy South Reserve recorded combined sales of ₹1,813 crore within two weeks of launch; Embassy Terazza recorded ₹758 crore in launch sales, including a ₹711 crore single-home transaction, the largest single residential transaction in India to date
Mumbai/Bengaluru – November 3, 2026:
Embassy Developments Limited (NSE: EMBDL / BSE: 532832) (“EDL” or “the Company”) today announced its results for the quarter ended September 30, 2026, recording its highest-ever quarterly pre-sales of ~₹3,225 crore in Q2 FY27, up ~272% quarter-on-quarter and ~689% year-on-year. H1 FY27 pre-sales reached ~₹4,093 crore, up ~574% year-on-year and equivalent to ~51% of the Company’s ₹8,000 crore FY27 pre-sales guidance.
Collections rose 10% quarter-on-quarter to ~₹546 crore, up ~52% from ₹359 crore in the corresponding period last year. H1 collections grew ~53% year-on-year to ~₹1,041 crore, representing ~35% of the ₹3,000 crore FY27 guidance.
During the quarter, EDL launched three projects with a combined Gross Development Value (GDV) of ₹8,397 crore during the quarter – an increase from the company’s pre-launch estimate of ₹7,500 crore, which reflects the premium pricing the Embassy brand commands. In North Bengaluru, Embassy Origins, comprising Embassy Riverine and Embassy South Reserve, recorded combined sales of ~₹1,813 crore within two weeks of its launch. Embassy Riverine, with a GDV of ₹ 3,155 crore, recorded sales of ~₹933 crore, while Embassy South Reserve, with a GDV of ₹ 1,957 crore, recorded ~₹880 crore.
In Mumbai, Embassy Terazza, Juhu, recorded ~₹758 crore in sales on launch against an estimated GDV of ₹3,285 crore. This included a ~₹711 crore sale for a single residence comprising an entire residential tower, which is India’s largest single-home residential transaction.
With its FY27 launch pipeline of ₹19,400 crore GDV, the Company is on track to achieve its FY27 pre-sales guidance of ₹8,000 crore, comprising ₹6,000 crore from owned developments and ₹2,000 crore from development management projects.Aditya Virwani, Managing Director, Embassy Developments Limited, said, “The numbers are testament to the strong response to our residential portfolio and the acceptance of the Embassy brand across markets and segments. From Embassy Origins in Bengaluru to the landmark transaction at Embassy Terazza in Mumbai, we are seeing this play out across distinct residential offerings. With a substantial launch pipeline ahead, our focus is on sustaining this momentum and translating it into collections and project execution.”
For more information please contact:
Arjun Choudhury
Sera Minocher
About Embassy Developments Limited
Embassy Developments Limited (formerly known as Equinox India Developments Limited) (EDL) is one of India’s largest listed real estate developers, specialising in the development of residential and commercial projects across key urban markets. 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 and Indore. EDL has a diversified residential portfolio with a well-balanced mix of developments across mid-income, premium, and luxury segments. Its portfolio of ready, ongoing, and future residential projects includes branded residences, uber-luxury apartments and villas, exclusive town homes, condominiums, integrated townships, senior living communities, and contemporary homes. 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). EDL benefits from the strong institutional foundation of its promotor, the Embassy Group, which brings over three decades of experience and a proven track record of delivering and managing more than 100 million sq. ft. across commercial, residential, hospitality, services, and education sectors in India. Further information is available at embassyindia.com
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