The merged entity called Embassy Developments, co-headquartered in Mumbai and Bengaluru, will have 80.8 million square feet of launched and planned assets. In comparison, DLF, the country's largest developer, has 32.8 million sq ft of operational rental assets, 3.2 million sq ft of under-construction assets, 19 million sq ft of development potential and has 204 million sq ft of land reserves. For queries related to Italian brands Furniture, Design and Building Materials for Office, Commercial and Projects please get in touch with us at furniture@indiaitaly.com
More Info: Business Standard
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The merger of Embassy Group with Indian Bulls is indeed a game-changer in the Indian real estate industry! By joining forces, they're not just expanding their footprint but also enhancing their capabilities to serve a broader range of clients. For homeowners looking to 'sell your house' or invest in new properties, this consolidation promises better market reach, expertise, and perhaps more competitive pricing. This move is a testament to how the real estate landscape in India is evolving to meet global standards. Kudos to both entities for this bold step. Exciting times ahead for real estate enthusiasts and professionals alike!