Embassy Developments posts Q2 pre-sales of ₹3,225 crore
In short
Embassy Developments said its Q2 pre-sales rose to ₹3,225 crore, and collections were up 10% from June. The report also says Embassy Terrazo in Mumbai’s Juhu had a GDV of ₹3,050 crore and one deal worth ₹711 crore.
This matters for the company’s sales momentum and for the Mumbai housing market. The report does not say how much profit or cash these numbers will add.
What the reporting says
Embassy Developments reported a Q2 update with pre-sales surging to ₹3,225 crore and collections up 10% from June, according to the headline and summary. CNBC TV18 Market also said Embassy Terrazo in Mumbai’s Juhu had the largest GDV among three launches at ₹3,050 crore, and that the project saw a single transaction worth ₹711 crore, described as the largest in India so far. The reporting does not give the full quarter dates or profit impact.
Why it matters
Embassy Developments reported Q2 pre-sales of ₹3,225 crore and collections up 10% from June, while CNBC TV18 Market said Embassy Terrazo in Mumbai’s Juhu had the largest GDV among three launches at ₹3,050 crore and a single transaction worth ₹711 crore. The reporting points to strong sales activity, but it does not explain the quarter’s full financial effect or whether the large deal changes future guidance.