The NCLT, in its order earlier this week, admitted Canara Bank's plea to initiate insolvency proceedings against Embassy Developments Ltd
The developer plans six residential launches and a ₹5,000 crore pre-sales target as demand stays strong in the city's northern market
The 1.55 mn sq. ft. project within Embassy Springs will feature 800 premium homes, marking another key addition to the developer's expanding Bengaluru portfolio