Birla Estates Pvt. Ltd, a subsidiary of Century Textiles and Industries Limited and the real estate arm of the Aditya Birla Group, is poised for significant growth in the National Capital Region (NCR) with a strategic land acquisition in Gurugram’s Sector 71. This 5-acre prime parcel boasts a development potential of around 10 lakh square feet, translating into the construction of aesthetically designed residences with a projected revenue exceeding INR 1400 crore.
The project promises to redefine the Gurugram skyline with luxurious high-rise residential towers. Residents can expect elegantly designed clubhouses, meticulously landscaped gardens, and top-tier amenities. The development’s prime location on Southern Peripheral Road (SPR) in Sector 71 offers exceptional connectivity. Residents will enjoy easy access to Delhi and other parts of Gurugram via the Dwarka Expressway, Sohna Road, and Golf Course Extension Road. Additionally, the project benefits from close proximity to esteemed educational institutions, reputable hospitals, and a vibrant hub of F&B outlets, retail stores, and commercial centers.
This new acquisition underscores Birla Estates’ rapid expansion in the NCR market. The company is already spearheading projects on Golf Course Extension Road, Sector 31 in Gurugram, and Mathura Road in Delhi. This strategic land acquisition in Gurugram solidifies Birla Estates’ commitment to developing premium living spaces in key locations across the NCR.
“Gurugram has been a pivotal market for us from the outset. The real estate potential in this micro-market is immense and reinforces our strong focus in the Delhi-NCR region. With this acquisition, we aim to cater to homebuyers seeking exclusivity and distinctive living experiences. At Birla Estates, our commitment transcends luxury; our ethos is to embrace a vision of residences that embody a legacy of dedication and excellence,” said Mr K. T. Jithendran, MD and CEO at Birla Estates.
Birla Estates Private Limited, a 100 per cent wholly owned subsidiary of Century Textiles and
Industries Limited is the real estate venture of the Aditya Birla Group. In a short span of time
Birla Estates has established itself as a brand of choice in the real estate industry.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
Published on: Jul 16, 2024, 4:44 PM IST
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