From skyline - defining towers to vibrant communities - we shape tomorrow, today.
Embassy Developments Limited (formerly known as Equinox India Developments Limited and earlier as Indiabulls Real Estate 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 high-value and high-volume 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) from Infomerics.
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 Embassy Group
Board of directors
Leadership team

Sachin Shah
CEO & Executive Director

Rajesh Kaimal
CFO & Executive Director

Reeza Sebastian Karimpanal
Chief Revenue Officer – Residential

Shailendra Konanur Subbaraya
Chief Operating Officer, South

Parag Saraiya
Chief Operating Officer (North and West)

Hriday Desai
Chief Development Officer

Maria Rajesh
Chief Human Resources Officer

Vikas Khandelwal
Company Secretary and Group Chief Compliance

Emanda Vaz
Chief Marketing Officer

Manjiri Inamdar
General Counsel (Corporate – Legal)

Jacob P Abraham
General Councel (Real Estate)

Pritam Madan Bhanushali
Chief of Projects - Thane and BLU

Chirag Boonlia
Chief Technology Officer



















