Birla Estate Lock up Five Acres Land in Gurgaon, Targets Rs 1400cr Revenue

7/16/2024 1:24:00 PM

                Birla Estates, the illustrious real estate arm of the Aditya Birla Group and a wholly-owned subsidiary of Century Textiles and Industries Limited recently acquired  5 Acres of land parcel in 
sector 71, Gurugram. 
This prestigious project envisions the development of luxurious residential units boasting an impressive development potential of approximately 10 Lakh-SqFt. Birla Estates aims to 
generate over INR 1,400 Crore in revenue. The upcoming luxurious project is situated on the Southern Peripheral Road (SPR). It offers excellent connectivity to Delhi and other parts of 
Gurugram via the Dwarka Expressway, Sohna Road, and Golf Course Extension Road.
Furthermore, Birla Estates entered a joint venture with Barmalt India Pvt Ltd for a luxury residential group housing development in Sector 31, Gurugram. This 13.27 Acres land parcel has 
a development potential of approximately 2.4 Million-SqFt, offering a revenue potential of INR 5000 Crore. These projects solidify Birla Estates as a leader in NCR’s luxury living segment, 
catering to discerning buyers seeking modern amenities.



source : The Economic Time
            
INDIA
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