Embassy Developments jumps after awarding Rs 850 crore contract for Mumbai luxury project
Mumbai, June 15 -- The contract covers the complete civil and structural works package for the development, which marks the company's strategic entry into Mumbai's premium residential real estate market.
Located on Dr. Elijah Moses Road in Worli, Embassy Citadel spans around 1.6 million sq. ft. and has an estimated gross development value (GDV) of approximately Rs 8,800 crore.
The project will comprise 316 luxury residences across three-, four- and five-bedroom configurations, in addition to two exclusive triplex mansion homes.
Embassy Developments said the single-tower project will rise to nearly 300 metres and is being positioned as a vertically integrated luxury residential ecosystem focused on wellness, hospitality-inspired living ...
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