Embassy Developments Ltd. 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 approximately 0.2 million sq. ft. of RERA carpet area with an estimated gross development value (GDV) of INR 4,000 million.
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. With over 52% open green spaces and a traffic-free podium, Embassy Serenity is designed as a nature- first development, where architecture is shaped by the landscape rather than imposed upon it.
The project brings together globally acclaimed partners Broadway Malyan (UK) for architecture and Coopers Hill (Singapore) for landscape design. Nestled on a lush hillside, the architecture is articulated through soft curvilinear forms, open terraces, and vertical elements that create a dialogue between contemporary architecture and the tropical setting. While not beach-facing, the project's immersive forest environment becomes its defining luxury.
A curated suite of amenities has been planned to support both social engagement and relaxation, including a clubhouse; a resort-style pool with a poolside bar and café; tennis, padel and pickleball courts; and multiple spaces designed for both intimate and larger gatherings.
