Indiabulls Real Estate Ltd.

Indiabulls Real Estate Limited, incorporated in 2006, was one of India’s larger listed developers, with residential and commercial projects in the Mumbai Metropolitan Region and the National Capital Region. The company has since changed identity: in June 2024 it was renamed Equinox India Developments Limited after a large investment led by the Embassy Group and Blackstone, and following its merger with Embassy Group’s NAM Estates in January 2025 it was renamed Embassy Developments Limited in February 2025. Bengaluru-based Embassy Group, a sponsor of India’s first listed REIT, became the promoter with a controlling stake.

Indiabulls in Gurugram

Indiabulls built several large high-rise communities along Dwarka Expressway in New Gurugram, including Indiabulls Centrum Park in Sector 103 and Indiabulls Enigma in Sector 110, as well as other residential projects in the same corridor. These societies are now established, lived-in communities whose resale and rental markets have benefited from the opening of Dwarka Expressway.

Embassy Developments today

As Embassy Developments, the company continues to complete and sell projects in Mumbai and NCR under a new board and the Embassy brand, with a large land bank and a mix of mid-income, premium and luxury housing. Owners in older Indiabulls projects deal with the same listed company under its new name.

What buyers should know

When buying a resale unit in a former Indiabulls project, buyers should ensure that the allotment and transfer documents reflect the company’s current name, and check maintenance and conveyance status with the society.

Indiabulls / Embassy property with Winworld Realty

Winworld Realty, at Emaar Emerald Plaza, Sector 65, Gurugram, helps buyers and sellers with resale apartments in Indiabulls Centrum Park, Enigma and other former Indiabulls projects on Dwarka Expressway, with current rates, rental values and transfer guidance. Send an enquiry to get started.