Jitu Virwani, Chairman and Managing Director of Embassy Group, delivered impactful insights on redefining real estate strategies at the CNBC-18 Global Summit Forum. Renowned for steering Embassy Group’s growth, Virwani emphasized the importance of strategic collaborations and innovative methodologies in transforming the urban landscape and driving sectoral growth.
During his address, he unveiled Embassy Group’s intent to expand its stake in Indiabulls Real Estate, a strategic step aimed at strengthening its presence in vital markets like Mumbai and the National Capital Region (NCR). Virwani linked this move to global real estate trends, emphasizing how partnerships foster industry resilience and growth.
He also delved into the role of Real Estate Investment Trusts (REITs) in optimizing asset value and enhancing market credibility. Citing Embassy’s collaboration with Blackstone as a benchmark, Virwani highlighted the significance of creating scalable, sustainable platforms that meet investor expectations while driving innovation in the real estate domain.
Jitu underscored the critical role of knowledge-sharing platforms like the Global Summit in shaping the future of real estate. Through his leadership, Embassy Group continues to set a standard for business excellence and forward-thinking strategies in urban development.
