Embassy Greenshore launch: 450 plus units sold for Rs 860 Cr in five days

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Price reactionminutes from the announcement price · days from the prior close

-5.6%Reaction day

₹71.68

prior close

₹67.89

announcement price

In-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-2.4%-3.3% vs market

Residential Commercial Projects peers, median of 60sector-3.0%-2.6% vs sector

On the reaction day the stock moved 3.3 pts less than Nifty Microcap 250 and 2.6 pts less than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

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Next day

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UpDownMarket · Nifty Microcap 250Sector · Residential Commercial Projects peers, median of 60Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Embassy Developments sold over 450 units worth about 860 crore within five days of launching Phase 1 of Embassy Greenshore in North Bengaluru. Phase 1 has 700 units across 1.34 million sq ft of saleable area. Total project spans 14 acres with 878 units in two phases. Phase 2 launching by January 2026. This follows the recent sell-out of Embassy Paradiso in the same township.

Likely market impact

Strong launch demand boosts revenue visibility and reinforces leadership in North Bengaluru residential market.