Embassy Developments gets MahaRERA nod for Alibaug project; estimated GDV at ₹400 crore

Realty firm Embassy Developments Ltd on Monday (February 16) said it has received approval from the Maharashtra Real Estate Regulatory Authority (MahaRERA) for Phase I of Embassy Serenity, its first residential project in Alibaug within the Mumbai Metropolitan Region (MMR). The approval marks the company’s entry into the lifestyle and second-home segment.