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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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.
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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Begins helming the Embassy Group (Executive Ascent).
Plays a key role in launching India's first publicly listed REIT (Embassy Office Parks REIT) (Financial Milestone).
Facilitates the sale of Embassy Industrial Parks to Blackstone India (Strategic Exit).
Appointed Chairman of the Board of Embassy Developments Limited (Executive Leadership).
Continues as Chairman and MD, guiding the massive real estate empire (Executive Oversight).
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.
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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.
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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+0.21% | +$11.42M
+0.01% | +$1.17M
This profile is compiled from verified biographical and financial records:
All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.
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