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Jitendra Virwani

Jitendra Virwani

J. Virwani
-0.42% | - $-9.98M
$2.36 B ₹ 21,465 Cr
Real Time Net Worth #1753 Ranking as of 21 Feb 2026 By Forbes

More on Jitendra Virwani

Gender

Male

Age

60Y

Country

India

Born On

January, 1966

Deceased

No

Relationship Status

Married

Children

2

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Real Estate)

Primary Organization

Embassy Group

Titles

Chairman & MD

Sources of Wealth

Embassy Group

Industry

Real Estate, Construction

About Jitendra Virwani


J itendra Virwani is an Indian self-made real estate billionaire often referred to as the "Embassy King of Bengaluru." He is the chairman and managing director of the Embassy Group, one of India's largest and most successful commercial real estate developers. He has built his massive fortune by pioneering the development of world-class office parks to cater to the booming IT and multinational corporate sector in India.

He founded his company and has since built a massive portfolio of high-quality office properties in Bengaluru, the "Silicon Valley of India," and other major cities. His tenants include a who's who of global tech and finance giants. He was a key pioneer in launching India's first publicly listed real estate investment trust (REIT), the Embassy Office Parks REIT, in a landmark partnership with the private equity giant Blackstone. In addition to his core real estate business, he is also a passionate equestrian and owns a major horse stud farm.

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Quick Reads


  • Founder and Chairman of the Embassy Group, a leading Indian real estate developer.
  • A pioneer in building large-scale, modern office parks in India.
  • Launched India's first-ever real estate investment trust (REIT) with Blackstone.
  • A major office landlord to multinational corporations in Bengaluru.
  • A passionate equestrian, he owns a large stud farm.

Early Life and Background


Jitendra 'Jitu' Virwani is an Indian businessman, the self-made billionaire Chairman and Managing Director of Embassy Group, one of India's leading real estate developers and a pioneer in the commercial and industrial sectors. His career spans over three decades in property development and high-stakes finance.

Virwani's career is defined by his visionary focus on innovative and sustainable office spaces that meet the evolving needs of businesses, leading directly to the establishment of Embassy Office Parks (India's first REIT). He has overseen the Group's expansion to over 70 million square feet across commercial, residential, and industrial warehousing spaces.

  • Embassy Group (Chairman & MD): The core private asset, one of India's leading real estate developers (over 70 million sq. ft. portfolio).
  • Embassy Office Parks REIT (Pioneer): He played a key role in launching India's first publicly listed REIT and Asia's largest REIT by area.
  • Strategic Exits: He facilitated the sales of Embassy Tech Village and Embassy Industrial Parks to Blackstone India.
  • CSR Focus: He is actively involved in the Group's CSR activities focused on education and sustainable initiatives (a core philosophy).

Career Journey of Jitendra Virwani


Jitendra Virwani has been helming the Embassy Group since 1993. His strategic genius was his commitment to creating high-quality, sustainable office spaces for the tech and corporate sector (particularly in Bengaluru). His most structural financial move was playing a key role in launching India's first publicly listed REIT (Real Estate Investment Trust), Embassy Office Parks REIT (BSE: 542602), which was also Asia's largest REIT by area at the time of its listing.

In February 2025, he was appointed Chairman of the Board of Embassy Developments Limited (the sponsor of the REIT), with his son, Aditya Virwani, named Managing Director, ensuring generational continuity. His wealth is secured by the colossal, long-term, stable profitability of the Indian commercial real estate and industrial warehousing sector.

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Jitendra Virwani's Timeline


1993:

Begins helming the Embassy Group (Executive Ascent).

2015 (approx.):

Plays a key role in launching India's first publicly listed REIT (Embassy Office Parks REIT) (Financial Milestone).

2022 (approx.):

Facilitates the sale of Embassy Industrial Parks to Blackstone India (Strategic Exit).

2025 (February):

Appointed Chairman of the Board of Embassy Developments Limited (Executive Leadership).

Ongoing:

Continues as Chairman and MD, guiding the massive real estate empire (Executive Oversight).

Major Business Ventures and Investments


Jitendra Virwani's wealth is concentrated in his founding equity and continued executive leadership of the private real estate giant, Embassy Group, and his stake in Embassy Office Parks REIT.

  • Embassy Group (Chairman & MD): The core private asset, one of India's leading real estate developers (over 70 million sq. ft. portfolio).
  • Embassy Office Parks REIT (Pioneer): He played a key role in launching India's first publicly listed REIT and Asia's largest REIT by area.
  • Strategic Exits: He facilitated the sales of Embassy Tech Village and Embassy Industrial Parks to Blackstone India.
  • CSR Focus: He is actively involved in the Group's CSR activities focused on education and sustainable initiatives (a core philosophy).

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Philanthropy and Social Impact


Jitendra Virwani's social impact is massive and structural, stemming from Embassy Group's role in providing essential office and industrial warehousing infrastructure for India's corporate and logistics sectors. His pioneering role in launching the first Indian REIT successfully professionalized and opened up the commercial real estate market to retail investors.

His personal philanthropy supports various education and sustainable initiatives (a key focus of his son, Aditya). His career is a testament to the profitability of disciplined property development and financial innovation in the Indian real estate sector.

Fashion, Style, and Lifestyle


Jitendra Virwani maintains the professional, composed style of a real estate executive. His attire is consistently formal and high-quality, favoring tailored suits. His aesthetic reflects serious authority and stability, typical of a leader in the high-stakes commercial property market.

Residing in Bengaluru, India, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to real estate development, strategic investment, and the long-term stewardship of the Embassy Group empire.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the founder and Chairman of Embassy Group (real estate developer).
  • He was instrumental in launching India's first publicly listed REIT (Embassy Office Parks REIT).
  • His company has a portfolio of over 70 million square feet.
  • He sold major assets (Embassy Industrial Parks) to Blackstone India.
  • His son, Aditya Virwani, was named Managing Director in 2025.
  • His wealth is tied to the successful monetization and professionalization of commercial real estate.
  • His philosophy emphasizes innovative and sustainable office spaces.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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