Embassy Developments to Invest Rs 7,000 Crore in Mumbai Luxury Housing Projects

Embassy Developments plans to invest Rs 7,000 crore in Mumbai's Metropolitan Region to build three new luxury housing projects in Juhu, Worli, and Alibaug, and complete three ongoing projects comprising around 5,000 units. The new developments, spanning approximately 1.58 million sq ft, are expected to generate over Rs 12,000 crore in revenue. The company aims to expand its presence in Mumbai's strong housing market, funding investments through internal accruals and potential debt, with project launches anticipated from late FY26.