Realty firm Embassy Group on Tuesday said it expects revenue of Rs 550 crore from a new housing project in Bengaluru.
In a statement, the company said it has inked a Joint Development Agreement for 3.75 acres of land in Whitefield, Bengaluru to launch a premium residential project.
The project will have an estimated revenue potential of around Rs 550 crore, it added.
The project will have about 5.4 lakh square feet of saleable area and around 400 flats.
ADVERTISEMENT
Embassy Group has delivered over 70 million square feet of commercial, residential, industrial and warehousing, hospitality, services, retail and education segments.
Founded in 1993, Embassy Group is the sponsor of the country's first publicly listed Real Estate Investment Trust.
ADVERTISEMENT
RECOMMENDED FOR YOU
Centre Contributed Just 20% Of Bengaluru Metro Rail Project Cost, Says Deputy CM Shivakumar
Aug 10, 2025
Sumadhura Group Rents Out Commercial Spaces In Bengaluru For Rs 50 Crore Per Year
Aug 07, 2025
Nimbus Group To Invest Rs 1,000 Crore On New Housing Project In Noida
Aug 04, 2025
Prestige Group Gets BBMP Nod For 1.5-Km Private Flyover In Bengaluru: Check Routes And Project Details
Jul 07, 2025
POPULAR
1
Pixel 10 Pro Fold Specifications Surface Online Ahead Of Aug. 20 Launch, Check Key Features
2
Mumbai Rains LIVE Updates: IMD Issues Red Alert; Schools, Colleges Closed; Airport Issues Passenger Advisory
3
Google Issues Warning As Hackers Mimic Gmail Security Alerts To Steal Passwords
4
iPhone 17 Pro Max Camera Upgrades Revealed In New Leaks: Here’s What We Know
5