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

83% of Indian Employees Welcome Office Return: JLL Report

India is leading the global Return-to-Office (RTO) movement, with 82 per cent of employees currently under office-based work mandates and 83 per cent expressing positive sentiment toward the shift, according to JLL’s Workplace Preference Barometer 2025. This enthusiasm positions India well above the Asia-Pacific average of 64 per cent, underscoring the country’s progress in creating people-centric, flexible, and productive workplaces.The technology, BFSI, and education sectors are at the forefront of this RTO trend, with Indian corporates excelling in designing work environments that balan..

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Real Estate

ServeU, PureBlue Water Partner to Boost Sustainable Water Management in UAE

ServeU, a subsidiary of Union Properties and a leading facilities management provider in the UAE, has signed a strategic partnership with PureBlue Water, an innovator in sustainable water and wastewater technologies. The collaboration aims to promote efficient water use, cost reduction, and circular water management across the UAE’s residential, commercial, industrial, and leisure sectors.This partnership integrates ServeU’s regional expertise with PureBlue Water’s advanced distributed treatment systems, offering a sustainable alternative to traditional centralized sewer networks. These ..

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Infrastructure Urban

Eurobond Expands Global Footprint with Launch of Eurobond Europe

Euro Panel Products, the parent company of Eurobond, has announced its official entry into the European market with the launch of Eurobond Europe, which will serve as the brand’s exclusive distributor across the region.Established in 2002, Eurobond is among India’s leading manufacturers of Aluminium Composite Panels (ACP) and façade solutions. With a state-of-the-art facility in Gujarat and exports to over 20 countries, the company continues to set benchmarks in quality, design, and innovation. Its expansion into Europe marks a strategic step in strengthening its global presence.Divyam Sh..

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