India, Jan. 20 -- Bengaluru-based real estate company Embassy Developments Ltd (EDL) plans to invest over Rs.4,500 crore to develop three premium residential projects across Worli, Juhu, and Alibaug in the Metropolitan Region (MMR) and Rs.2,500 crore to complete existing projects in the region, the company said on Jan 20.

The three new projects will have a gross development value (GDV) of over Rs.12,000 crore and span 1.58 million sq ft. The launches are scheduled to begin from the fourth quarter of FY26, the company said in a statement.

EDL, erstwhile Indiabulls Real Estate Ltd, is listed on the stock exchanges and is one of the leading real estate companies in the country.Also Read: North Bengaluru: Embassy Developments to launch six ...