Embassy Developments

Embassy Developments Limited has entered development management arrangements for two premium residential projects—Embassy Bayview in Juhu, Mumbai, and Embassy Astra in Hebbal, Bengaluru—targeting ₹560 crore in management fees at 10% of project revenues exceeding ₹5,600 crore, minimising capital exposure while securing upfront cash flows. This fee-based model underscores the company’s pivot towards asset-light structures in high-demand luxury segments.