Embassy to take control of Indiabulls Real Estate after merging 11 projects
Real Estate

Embassy to take control of Indiabulls Real Estate after merging 11 projects

Embassy Group will merge 11 residential and commercial projects with Indiabulls Real Estate as part of an all-stock deal where it will take control of the Mumbai-listed developer. Indiabulls said in a stock exchange filing that chairman Sameer Gehlaut will cease to be its promoter after the mer...

Embassy Group will merge 11 residential and commercial projects with Indiabulls Real Estate as part of an all-stock deal where it will take control of the Mumbai-listed developer. Indiabulls said in a stock exchange filing that chairman Sameer Gehlaut will cease to be its promoter after the merger and that Embassy chairman Jitendra Virwani and his related entities will be the new promoters. Gehlaut has sold a bunch of his realty assets to move away from the sector and focus on the financial services business.Embassy and Indiabulls Real Estate had first announced the planned merger in January. The deal also involved the merged entity raising $200 mn (Rs.14 bn then) from private equity firm Blackstone and others.Contact: Embassy Group.Website: www.embassyindia.com 

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Real Estate

White Flower Developers Expands into Goa with Luxury Villas

White Flower Developers (WFD) is entering the Goa real estate market through the acquisition of three villa projects across Assagao, Tivim and Siolim in North Goa.The Assagao project comprises five luxury villas with an estimated value of Rs 600 million and a development area of 2,500 sq m. The Tivim project includes eight villas valued at around Rs 500 million, while Igreha Vaddo, a 150-year-old Portuguese-style heritage villa project in Siolim spread across 1,200 sq m, carries an estimated value of Rs 200 million.The company said the move aligns with its strategy of targeting high-potential ..

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Real Estate

Jenika Ventures Launches Real Estate Ki Home Delivery Campaign

Jenika Ventures has launched its radio campaign, ‘Real Estate Ki Home Delivery’, aimed at simplifying the home-buying process by offering personalised property consultation and curated project options directly to customers at home.The campaign seeks to reduce the need for multiple site visits, lengthy travel and repeated property searches by enabling buyers to explore projects, receive expert guidance and evaluate options from home with their families.Jenika Ventures currently operates across New Delhi, Noida, Gurugram, Pune, Kolkata, Bengaluru and Hyderabad. The company said the campaign ..

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Real Estate

NCR Luxury Housing Sees Rising NRI Influence

NCR’s luxury housing market is witnessing changing buyer preferences as non-resident Indians (NRIs) and globally exposed homebuyers increasingly influence residential design, amenities and project delivery standards.According to ANAROCK Research, average luxury housing prices in Delhi-NCR increased nearly 72 per cent between 2022 and 2025, rising from around Rs 13,450 per sq ft to over Rs 23,000 per sq ft. Knight Frank India also reported a 19 per cent year-on-year increase in capital values across NCR during 2025, as per industry reports.Developers across Gurugram, Dwarka Expressway and Noi..

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