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Embassy Developments promoters infuse ₹1,160 crore to strengthen balance sheet and fuel expansion
In what could bolster the company’s capital structure and growth plans, realty company Embassy Developments Limited (EDL) has completed a ₹1,160 crore fund infusion by its promoters through the full subscription of share warrants. The promoters, led..
Blackstone backed Embassy Developments Taps Another Alt Investor For Fresh Capital
Real estate developer embassy Developments Ltd has raised fresh capital from an alternative investment firm to expand its business and refinance its debt, barely months after securing equity funding form private equity firm Blackstone and..
Embassy developments delivers six long-stalled projects, hands over homes to 3,000 families
In a bid to deliver dream homes for over 3000 stuck home buyers, Embassy Developments Ltd is all set to hand over six legacy real estate projects across Mumbai, Thane, Gurugram, and Visakhapatnam. The development marks the company’s..
Embassy Developments sells-out its plotted development project ‘Paradiso’ in Bengaluru
Embassy Developments today announced that Paradiso, its latest luxury plotted development within the Embassy Springs township in North Bengaluru, has sold out immediately, clocking pre-sales of Rs 204 crore. Spread across ~6.4 acres..
Embassy Developments Ltd sells plots worth ₹204 crore in Bengaluru
Bengaluru-based real estate developer Embassy Developments Ltd has said its luxury plotted project, Paradiso, located within the Embassy Springs township in North Bengaluru, has sold out, generating pre-sales of about ₹204 crore, the company said..
Embassy Developments aims Rs 560 cr revenue from management of 2 housing projects
Realty firm Embassy Developments Ltd expects to earn Rs 560 crore revenue for managing development and marketing activities of two upcoming housing projects in Mumbai and Bengaluru. In a latest investors presentation for April-June quarter..
Embassy Developments signs JDA for Rs 1,600 crore premium residential project in Bengaluru
Embassy Developments Ltd. (‘EDL’), a real estate development form has signed a Joint Development Agreement (JDA) for a 17.9‑acres land parcel in Whitefield, Bengaluru. The planned development will comprise a premium residential community..
Embassy Developments proposes Rs 3,700 cr commercial project divestment to Embassy REIT in Bengaluru
Embassy Developments Limited (EDL), the newly merged flagship real estate platform of the Embassy Group, has proposed a premium commercial development in Whitefield, Bengaluru, to Embassy Office Parks REIT as a potential acquisition opportunity.
Embassy Developments PAT doubles to ₹123 crore after Indiabulls Real Estate merger
Real estate major Embassy Developments Ltd reported a consolidated net profit of ₹123 crore for the fourth quarter of FY25, marking a two-fold year-on-year (y-o-y) improvement from the loss of ₹90 crore in Q4FY24. The company’s revenue..
Blackstone, Embassy entities Infuse Rs 1,060 cr into Embassy Developments
An institutional investor backed by global alternative asset manager Blackstone Group, along with the promoter group of Embassy Developments, has infused around Rs 1,060 crore into the company through the conversion of unlisted warrants into equity shares.
Embassy Developments names Virwanis to key leadership roles
The Supreme Court of India on Monday dismissed an appeal challenging the merger of Equinox India Developments—formerly Indiabulls Real Estate Ltd.—with Embassy Group, effectively clearing the final legal hurdle for the much-anticipated consolidation.
SC clears Equinox-Embassy merger, paving way for real estate consolidation
The Supreme Court of India on Monday dismissed an appeal challenging the merger of Equinox India Developments—formerly Indiabulls Real Estate Ltd.—with Embassy Group, effectively clearing the final legal hurdle for the much-anticipated consolidation.
Equinox India appoints Jitendra Virwani as non-executive non-independent director
NEW DELHI: The board of directors of (Equinox India Developments ) have approved the appointment of Jitendra Mohandas Virwani, chairperson of Embassy Group & promoter of the company, as non-executive non-independent director on the board..
Equinox India Developments completes merger of NAM Estates, creates one of the largest listed realty firm
Equinox India Developments Limited has successfully merged NAM Estates, an entity of the Embassy Group, with itself, creating one of the largest publicly listed real estate companies in the market. The Boards of both companies held their meetings earlier..
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