Embassy Group is a Bengaluru real estate conglomerate that has been building for over three decades.
Embassy Group is an Indian real estate developer based in Bengaluru, established in 1993. Today, Embassy is one of India's most recognised integrated real-estate platforms — with 85 million square feet of commercial, residential, hospitality, services, retail and education spaces delivered and under development across Bengaluru, Mumbai, Pune, Delhi-NCR, Chennai, Hyderabad, Thiruvananthapuram, Serbia and Malaysia. New Gurgaon — the corridor of sectors along the Dwarka Expressway and NH-48 — is where that national expansion meets Gurugram's newest growth belt, and it is not Embassy's first move into this market.
Embassy's Haryana presence goes back to an industrial park rather than a residential tower. Embassy Industrial Park, Farrukhnagar is spread over 108 acres of land in Gurugram, Haryana, strategically located on Gurugram-Jhajjar Road. The park has 3.1 million sq. ft. of potential leasable area and 680,000 sq. ft. operational. On the commercial side, the group also built One 09 directly on the Dwarka Expressway. One 09 is NCR's strategically located business hub, offering premium office and retail spaces just minutes away from Delhi IGI Airport, nestled on the Dwarka Expressway within a heartbeat of the city and also within breathing distance of Delhi. The project combines luxurious office spaces and retail outlets, offering three floors of retail and offices starting from the 2nd floor onwards in a multi-story building. These two assets — an industrial park and a mixed-use commercial address, both anchored to the expressway — set the template for how Embassy reads the Gurugram map: connectivity-led corridors over the older, saturated core.
Embassy's more recent Gurugram plans move that logic into New Gurgaon itself. Embassy SCO Sector 106 is a commercial plot project situated directly on the Dwarka Expressway, offering Shop-Cum-Office spaces developed on approximately 8 acres, with around 100 SCO plots ranging from 60 to 400 square yards. Alongside it sits the group's residential move in the same belt. Embassy Centrum is a premium residential development in New Gurgaon, near the Golf Course Extension Road, providing thoughtfully designed apartments for contemporary family living. Together with the Farrukhnagar park and One 09, these projects give Embassy a spread across three of Gurugram's core asset classes — industrial, commercial retail-cum-office, and residential — all within the Dwarka Expressway and New Gurgaon catchment rather than the city's older DLF-era sectors.
New Gurgaon is defined by a specific geography. New Gurgaon is a burgeoning sub-region of Gurugram, encompassing planned sectors 76–95 (including 95A) and 102–113, primarily situated along the Dwarka Expressway and National Highway 48. Positioned approximately 30 kilometers southwest of New Delhi, it benefits from proximity to Indira Gandhi International Airport, Cyber City, and industrial zones like Udyog Vihar and Manesar. The expressway that anchors both Embassy's older commercial asset and its newer launches is now fully built out. The Dwarka Expressway, a 29-kilometer eight-lane corridor connecting Shiv Murti in Delhi to Kherki Daula in Gurgaon, became fully operational in August 2025 following its inauguration by Prime Minister Narendra Modi, significantly reducing commute times to central Delhi from over an hour to approximately 30 minutes. The Southern Peripheral Road adds a second arterial link through the same sectors. The Southern Peripheral Road, an 8-lane, 16-kilometer arterial road linking sectors 76 to 95 and connecting Golf Course Extension Road to NH-48 via Sohna Road, has undergone major infrastructure enhancements in 2025, backed by a ₹2,000 crore investment to improve traffic flow and urban integration. A metro extension is next in line for the corridor. The expressway is fully functional from Mahipalpur to Kherki Daula, and metro connectivity through the Blue Line extension from Dwarka Sector 21 to Kherki Daula is confirmed for 2026-27, which will connect Dwarka Expressway directly to Delhi Metro. For a developer whose commercial parks elsewhere have already drawn institutional tenants, a corridor moving from arterial road to metro-linked business district is the kind of infrastructure curve Embassy has built around before.
Pricing in the Dwarka Expressway sectors that frame New Gurgaon has moved sharply as the road went from under-construction to fully operational. Flat prices in Dwarka Expressway, Gurgaon are in the range of Rs 11,000-16,750 per square foot, with the average property rate for flats around Rs 14,000 per sq ft. Flat rates in this corridor changed by 12.0% in the last 1 year, 75.0% in the last 3 years, and 152.3% in the last 5 years. Newer launches sit above the resale average. As of early 2025, resale apartments average around Rs 18,000 per sq ft, while new launches and under-construction projects are priced between Rs 20,000 and Rs 25,000 per sq ft depending on the sector and developer. This is the pricing band Embassy's Sector 106 and Centrum launches sit within, and it explains why a developer entering now — rather than a decade ago — is doing so at a corridor that has already proven its infrastructure case rather than one still waiting on it.
What differentiates Embassy from many single-city entrants into New Gurgaon is the scale of the platform behind it. Jitu Virwani spearheaded the launch of India's first publicly listed Real Estate Investment Trust, Embassy Office Parks REIT, in April 2019, marking a milestone in institutionalizing commercial property investments in the country. That REIT has gone on to anchor major global occupiers in Embassy's business parks. The institutional trust that delivered blue-chip tenants like IBM, Goldman Sachs and Rolls-Royce to its commercial parks translates directly into residential brand equity and resale confidence. On the residential side, the group's listed development arm has been formally restructured for a pan-India push. Following NCLAT approval of the merger between Nam Estates and the company on January 7, 2025, Embassy Group became the new promoter with a controlling stake, and the company was renamed Embassy Developments Limited effective February 13, 2025. With a strategic focus on Bengaluru, the Mumbai Metropolitan Region and the National Capital Region, the company also has a presence in Chennai, Jodhpur, Vadodara, Vizag, and Indore. NCR, and within it the Dwarka Expressway stretch of New Gurgaon, is named as one of the four core geographies for this listed platform going forward, alongside Embassy's home market of Bengaluru.
For someone evaluating Embassy specifically in this locality, the relevant facts line up in a particular way: an existing industrial park on the Gurugram-Jhajjar Road, a commercial address already operating on the Dwarka Expressway at One 09, and newer SCO and residential launches placed inside the same New Gurgaon sectors that are absorbing the bulk of the corridor's price appreciation. The developer's broader identity — REIT sponsor, IGBC-certified residential standards, a 1993 founding in Bengaluru now scaling into NCR under a restructured listed entity — sits behind whatever specific unit or plot a buyer considers in Sector 106 or along Golf Course Extension Road.
