Embassy Developments Reports Record Quarterly Pre-Sales of Rs 3,225 Crore in Q2 FY27
Mumbai/Bengaluru, November 4, 2026: Embassy Developments Limited recorded its highest-ever quarterly pre-sales of approximately Rs 3,225 crore in Q2 FY27, marking a growth of 272 percent quarter-on-quarter and 689 percent year-on-year, according to a press release issued by the company.
For the first half of the financial year, pre-sales reached approximately Rs 4,093 crore, up 574 percent year-on-year. This performance accounts for about 51 percent of the company’s full-year pre-sales guidance of Rs 8,000 crore.
Quarterly collections increased 10 percent sequentially and 52 percent year-on-year to approximately Rs 546 crore. First-half collections rose 53 percent year-on-year to around Rs 1,041 crore, achieving roughly 35 percent of the targeted Rs 3,000 crore guidance for FY27.
During the second quarter, the company launched three projects with a combined Gross Development Value (GDV) of Rs 8,397 crore, exceeding its pre-launch estimate of Rs 7,500 crore. In North Bengaluru, the Embassy Origins project—comprising Embassy Riverine and Embassy South Reserve—achieved combined sales of approximately Rs 1,813 crore within two weeks of launch. Embassy Riverine generated sales of Rs 933 crore against a GDV of Rs 3,155 crore, while Embassy South Reserve logged sales of Rs 880 crore against a GDV of Rs 1,957 crore.
In Mumbai, Embassy Terazza in Juhu achieved sales of approximately Rs 758 crore upon launch against an estimated GDV of Rs 3,285 crore. This included a Rs 711 crore sale for a single residence comprising an entire residential tower, marking India’s largest single-home residential transaction.
With a total launch pipeline of Rs 19,400 crore GDV for FY27, the company stated that it remains on track to achieve its full-year pre-sales target of Rs 8,000 crore, which includes Rs 6,000 crore from owned developments and Rs 2,000 crore from development management projects.
Commenting on the results, Aditya Virwani, Managing Director, said:
“The numbers are testament to the strong response to our residential portfolio and the acceptance of the Embassy brand across markets and segments. From Embassy Origins in Bengaluru to the landmark transaction at Embassy Terazza in Mumbai, we are seeing this play out across distinct residential offerings. With a substantial launch pipeline ahead, our focus is on sustaining this momentum and translating it into collections and project execution.”
