Embassy Developments Ltd. (EDL), one of India’s premier real estate developers, has entered into a Joint Development Agreement (JDA) for a 17.9-acre land parcel in Whitefield, Bengaluru. The project is expected to yield a premium residential community with an estimated Gross Development Value (GDV) of around ?1,600 crore.
Strategically located just off Whitefield Main Road, the upcoming development will benefit from the area’s well-established social and physical infrastructure, including proximity to hospitals, schools, banks, tech parks, and malls. Connectivity to the region is poised for further enhancement through major infrastructure projects such as the Peripheral Ring Road (PRR), Satellite Town Ring Road (STRR), and the recently inaugurated Metro Purple Line.
The project will feature approximately 1.6 million sq. ft. of saleable area and offer around 1,000 thoughtfully designed apartments across 2, 2.5, and 3 BHK configurations. Targeted for launch in FY2027, the development aims to cater to the strong housing demand from the region’s growing IT and ITeS workforce.
Commenting on the announcement, Aditya Virwani, Managing Director, Embassy Developments Ltd., said, “Whitefield remains a key focus area for us. As an end-user-driven micro-market, it has shown consistent resilience, supported by strong demand from Bengaluru’s professional community and continued infrastructure advancements. With a secured launch pipeline of 10 projects in FY2026 valued at over ?22,000 crore, this new agreement further strengthens our future growth strategy. We continue to actively explore new opportunities in key urban markets.”
This development adds to Embassy’s expanding residential portfolio and reinforces its long-term vision for growth in India’s high-potential real estate corridors.