
Listed real estate developer Embassy Developments Limited said it will develop two housing projects in Bengaluru with an estimated revenue potential of ₹ 4,500 crore as part of its expansion plans. The company said in a regulatory filing on Sep 15 that it has launched Embassy Origins, an 85-acre residential township in North Bengaluru. Across the two projects, the developer will build 217 villas and 855 apartments, offering a combined saleable residential area of more than 2.6 million sq ft. The first phase of the development comprises two RERA-approved residential projects - Embassy Riverine and Embassy South Reserve. The estimated revenue of these two projects in the township is ₹ 4,500 crore, the company said. Located in the North of Yelahanka, Embassy Origins comprises Embassy Riverine, with 217 villas (4, 4.5, and 5 BHK) across ~1.1 million sq. ft. of saleable area, and Embassy South Reserve, with 855 apartments (studio to 3.5 BHK) across ~1.5 million sq. ft., the company said. The development connects to the city's business, commercial, and lifestyle destinations, including Kempegowda International Airport, which is 20 minutes away.