Embassy Group FYE 2024 Sales Transaction Value of Rs.2250 crore - Achieves 85% Growth
Mumbai, May 3 -- Embassy Group, a leading real estate developer, achieved its best ever performance in FY2023-24 for its Bengaluru residential business, with a record-breaking sales transaction value of Rs. 2,250 crore - an 85.5% jump from the previous year. Embassy sold 21.18 lakh sq. ft., achieving a year-on-year growth of 103% in area sold. This was primarily fuelled by interest from high-net-worth individuals (HNIs) and non-resident Indians (NRIs) in ready-to-move-in luxury projects, premium homes with differentiated amenities, and self-sustaining integrated townships.
Notably, Embassy Group achieved realisation of Rs. 15,925 per square foot for its built projects. Furthermore, plots recorded a realisation of Rs. 7,195 per square foo...
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