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Embassy Developments gets MahaRERA nod for first project in Alibaug
Feb-17-2026

Embassy Developments has received approval from the Maharashtra Real Estate Regulatory Authority (MahaRERA) for Phase I of Embassy Serenity, its first residential project in Alibaug within the Mumbai Metropolitan Region (MMR), marking the company’s entry into the lifestyle and second-home segment.  Located in Thal Village, Alibaug, Embassy Serenity is envisioned as a resort-style retreat that combines tranquility with excellent connectivity to Mumbai via upgraded road and ferry infrastructure. Often referred to as the ‘Hamptons of Mumbai’, Alibaug has evolved into a preferred second-home destination for high-end homebuyers seeking greenery and exclusivity, away from the city bustle.

The overall project spans around 0.2 million sq. ft. of RERA carpet area with an estimated gross development value (GDV) of around Rs 400 crore. Set across a 7-acre land parcel, the approved phase will feature five G+5 towers comprising 52 spacious residences in duplex and simplex configurations. The project launch is planned for this quarter, and possession targeted for 2030, subject to regulatory approvals and construction progress.

The residences at Embassy Serenity will be professionally managed by Embassy Services (ESPL). Homeowners will also have access to WAYS (World At Your Service) - personalised lifestyle and housekeeping packages exclusive to Embassy residential communities.

Embassy Developments (formerly known as Equinox India Developments and earlier as Indiabulls Real Estate) is one of India’s leading real estate developers, specializing in the construction and development of residential, commercial, and Special Economic Zone (SEZ) projects across Indian cities.

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