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In a regulatory filing on Tuesday, Embassy Developments informed that it has launched an 85-acre residential township project, Embassy Origins, in North Bengaluru. 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 Rs 4,500 crore. In these two projects, Embassy Developments will build 217 villas and 855 apartments. Together, the two projects offer more than 2.6 million sq ft of saleable residential space. Aditya Virwani, Managing Director, Embassy Developments Ltd, said the housing demand continues to be strong in the Bengaluru market. Embassy Developments has a presence in Bengaluru, Mumbai Metropolitan Region (MMR), Delhi-NCR, Chennai and Indore. The company is part of Bengaluru-based Embassy Group, which has delivered more than 100 million sq ft across commercial, residential, hospitality, services, and education sectors in India. (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
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