Embassy Developments Ltd. is expanding into the Mumbai Metropolitan Region with the launch of three residential projects. These projects have a Gross Development Value (GDV) exceeding ₹12,000 Crore. The company released this information on January 20, 2026, after market hours, clarifying a news item. Embassy Developments stated that it is committed to compliance and will continue to make necessary disclosures.
Mumbai Metropolitan Expansion
Embassy Developments Ltd. has announced its expansion into the Mumbai Metropolitan Region with the launch of three residential projects. This was clarified in a release on January 20, 2026.
Projected Development Value
The three residential projects are expected to generate a Gross Development Value (GDV) in excess of ₹12,000 Crore.
Company Statement
Embassy Developments stated that it adheres to compliance requirements and will continue to provide necessary disclosures. Regarding recent market activity, the company stated that it is unaware of any specific information driving said movement.
Source: BSE
