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Newsmakers of the Week                                                AUGUST 14, 2026      |  The Indian Eye 33



                                PARUL BUTALA                                            PRIYANKA CHOPRA & NICK JONAS

               Architect named President of                                           Stars attends movie night

           AMERCO Real Estate Company                                                       with Mahesh Babu







































        Phoenix, AZ:
              arul Butala has been promoted to president of AMERCO® Real Estate
              Co. (AREC), the real estate arm of U-Haul® Holding Co. The appoint-
        Pment was made on July 17.                                          Hyderabad:
            Butala has been part of the U-Haul family since 1994. She spent many
        years developing her skills as a staff architect for the AREC construction   tar couple Priyanka Chopra and Nick Jonas, who recently arrived in In-
                                                                                 dia, took some time off to spend an evening at the movies with superstar
        group. She joined the U-Haul Risk Management team for a brief stint in the   SMahesh Babu.
        early 2000s before returning to real estate.                            The social media handle of AMB Cinemas shared a picture of the trio at
            Since 2019, Butala has served as AREC Director of Land Use and Plan-
        ning.                                                               the cinema hall in Hyderabad.
                                                                                “A truly star studded evening at AMB Cinemas. The Globe Trotter Su-
            “I am honored and grateful for the opportunity to serve as AREC Pres-
        ident,” Butala said. “I would like to thank (U-Haul CEO) Joe Shoen for his   perstar @urstrulyMahesh,Desi Girl Mandakini, @priyankachopra and @
                                                                            nickjonas grace us with their presence for a memorable movie night. It was a
        confidence in me and for this opportunity. Over the past 30 years, I have had   pleasure hosting you all. See you again soon,” the caption read.
        the privilege of learning from Joe, my colleagues, and the many talented peo-  In the picture, Priyanka could be seen casually dressed in a white outfit,
        ple across our Company. Those experiences have shaped both my career and   while Nick chose a white outfit paired with black shorts and shoes.
        my approach to leadership.”                                             Mahesh Babu also went for a basic black tshirt, baggy cargos, and a cap.
            AMERCO Real Estate Co. was started in 1974 to manage the growing
                                                                                Earlier this week, Priyanka and Nick landed in Hyderabad along with
        real estate portfolio and development services of U-Haul Holding Co. (then   their daughter Malti Marie, making a major fashion statement with their ap-
        AMERCO). Today, that includes 2,431 owned-and-operated locations across   pearance.
        all 50 states and 10 Canadian provinces. U-Haul is the third largest self-stor-  Priyanka and Nick Jonas welcomed Malti Marie via surrogacy in January
        age operator in North America with 1,136,000 rentable storage units and 99   2022. While the couple occasionally shares glimpses of their family life on
        million square feet of self-storage space.                          social media, they have generally maintained a balance between public ap-
            U-Haul is in its 81st year of operations as the industry leader in do-it-
        yourself moving and self-storage. U-Haul International, AREC and other   pearances and personal moments.
                                                                                On the professional front, Priyanka will be seen as Mandakini in SS Ra-
        subsidiaries of U-Haul Holding Co. are headquartered in Phoenix, Ariz.,   jamouli’s upcoming globe-trotting epic ‘Varanasi’. While Mahesh Babu leads
        where they support a network of more than 25,000 U-Haul rental locations   in the film, it also features Prithviraj Sukumaran.
        serving millions of customers across the U.S. and Canada.               The makers recently unveiled her fierce first look, accompanied by the
            “My goal is to strengthen communication across our teams, better sup-
        port our field operations, and continue improving the way we acquire, devel-  caption, “To more adventures.... more discoveries... and journeys across every
                                                                            horizon.”
        op, and deliver properties,” Butala added. “I believe our greatest strength is   With production entering its final phase following the unveiling of the
        our people. I look forward to listening, learning, and working alongside our   film’s first glimpse at the Annecy Animation Festival in June, ‘Varanasi’ is
        team to foster a culture built on trust, accountability, collaboration, and con-  scheduled for a worldwide theatrical release on April 7, 2027.
        tinuous improvement.”
            Butala holds a Master of Science in Architecture from Cal Poly San   To read more about Indian diaspora and Global Indians, log on to and follow
        Luis Obispo and a Master of Business Administration from Arizona State                our website www.TheIndianEYE.com
        University.


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