Bengaluru-based real estate major Embassy Developments Ltd. (EDL) has announced the completion and handover of six legacy projects, finally bringing homes to more than 3,000 families after years of delays. With Occupation Certificates (OCs) now in place, these developments mark a significant revival of projects that had faced prolonged uncertainty.
The company has focused on resolving legacy challenges, completing construction, and ensuring timely handovers, reaffirming its commitment to customer trust and governance. Embassy Services, the Group’s property management arm, continues to manage facilities, ensuring smooth operations and a seamless transition to resident-led associations.
In Mumbai and Thane, EDL has delivered three key projects. The Blu Estate & Club in Worli, spread over 10.8 acres with 374 residences, received phased OCs between 2018 and 2022, with condominium association elections now scheduled for a smooth handover. The Sky Forest in Lower Parel, covering 4.4 acres with 438 residences, secured OCs for Towers A2 and A3 in November 2023, and handovers are largely complete. In Thane, One Indiabulls, a 2.6-acre development with 388 residences, received its Phase I OC in May 2025, and possessions are currently underway.
Beyond the Mumbai Metropolitan Region, progress is also visible in Visakhapatnam, where Indiabulls Sierra, a 4.8-acre project with 620 homes, has secured its OC and is now seeing families move in under EDL’s supervision.
In the National Capital Region, two major Gurugram developments have reached completion. Enigma, launched in 2010 across 19.9 acres with 480 residences, secured OCs between 2018 and 2021, with final handovers expected by year-end. Centrum Park, spread over 22 acres with 1,025 residences, has completed handovers and now operates as a fully self-governed community, marking EDL’s complete exit from the project.
Commenting on the milestone, Sachin Shah, CEO & Executive Director, EDL, said, “The successful delivery of these long-pending projects is a turning point for Embassy Developments. With OCs secured, possessions underway, and independent associations taking charge, we have demonstrated our execution strength and commitment to customers. Completing, handing over, and unlocking value across all projects while maintaining the highest standards of governance remains our top priority.”
The completion of these projects not only boosts customer confidence but also unlocks embedded portfolio value and strengthens EDL’s position for future growth.
