Embassy Developments Projects ₹8,000 Crore Pre-Sales for FY27
Embassy Developments sees FY27 pre-sales at ₹8,000 cr: MD Aditya Virwani

Image: Business Standard
Embassy Developments Ltd anticipates a 73% increase in sales bookings to ₹8,000 crore for FY27, driven by strong housing demand. The company plans to launch homes worth ₹19,500 crore across key cities and has secured favorable legal outcomes.
- 01Embassy Developments aims for ₹8,000 crore in sales bookings for FY27, a 73% increase from the previous year.
- 02The company plans to launch homes worth ₹19,500 crore this fiscal year across Bengaluru, Mumbai Metropolitan Region, and Delhi-NCR.
- 03In FY26, sales bookings rose 128% to ₹4,631 crore, slightly below guidance.
- 04The company has around ₹11,000 crore in inventories from ongoing projects.
- 05Recent legal victories have alleviated shareholder concerns, including the dismissal of insolvency proceedings against the company.
Advertisement
In-Article Ad
Embassy Developments Ltd is projecting a significant growth in sales bookings for the fiscal year 2026-27, targeting ₹8,000 crore, representing a 73% increase from the previous year. Managing Director Aditya Virwani stated that this growth is fueled by strong demand for high-quality residential properties in major cities. In the previous fiscal year, the company reported a 128% increase in sales bookings to ₹4,631 crore, although it fell short of its annual target. To achieve its new target, Embassy plans to launch nearly ₹19,500 crore worth of housing projects across Bengaluru, the Mumbai Metropolitan Region, and Delhi-NCR. Additionally, the company holds approximately ₹11,000 crore in inventories from ongoing projects. Despite challenges in material availability and rising costs impacting profit margins, the company remains optimistic about its financial performance, aided by recent favorable legal outcomes, including the resolution of insolvency proceedings. Embassy Developments, formerly Indiabulls Real Estate Ltd, boasts a land bank exceeding 3,000 acres and a portfolio of nearly 40 million square feet of area.
Advertisement
In-Article Ad
The projected sales growth could lead to increased employment and economic activity in the real estate sector across major cities.
Advertisement
In-Article Ad
Reader Poll
What do you think about the growth forecast for Embassy Developments?
Connecting to poll...
Read the original article
Visit the source for the complete story.



