Connect with us


Birla Estates charts national expansion with Gurgaon project following its foray in Mumbai


New Delhi, 11 July 2019: Birla Estates Private Limited, a 100 percent wholly-owned subsidiary of Century Textiles and Industries Limited (BK Birla Group), forges ahead with its national expansion by announcing its entry in Gurgaon through a joint venture with Anant Raj Limited, a leading player with a large land bank in Delhi NCR market. Birla Estates has already made a significant impact in the real estate sector by launching its residential project in Mumbai (Kalyan) which will be followed by its upcoming residential project in Bangalore. The Company marks its foray into the Delhi-NCR region catapulting itself into the top league. Birla Estates also plans to develop a valuable portfolio of over 200 acres owned by the group across Mumbai MMR region, Pune & Bangalore markets.

Birla Estates’ maiden project in Gurgaon is located at Golf Course Extension road in Sec. 63A, one of the highest appreciating and premium micro-markets of NCR. It is spread over 73 acres with a saleable area potential of around 3.5 mn sq. ft. The project will be a premium residential gated community comprising low-rise floors and Group housing. This will be the first residential LifeDesignedTM project by Birla Estates in NCR aimed to provide customers not just a good lifestyle but also a good ecosystem that is designed around their life.

Mr. K. T. Jithendran, CEO, Birla Estates, said, “Birla Estates’ first project in Gurgaon marks our foray into the high growth high potential NCR market through a joint development model. With lot of commercial activities picking up in this micro market around Golf Course Extn.; and with a limited supply of quality residential supply, this market offers a scope of huge price appreciation in the coming future. With a booking value potential of over Rs. 4,000 crores, the project shall spearhead the Company’s efforts to become one of the leading players in the market. At Birla Estates, we want to transform the way the real estate sector engages with customers. Trust, integrity, transparency, superior quality and thoughtfully designed solutions will be our differentiator and drive us to be true to our legacy.”

Latest News

News4 hours ago

UP Real Estate Appellate Tribunal’s “Online Justice Delivery System” awarded for Innovative Technology for Smart Governance by Computer Society of India

U.P. Real Estate Appellate Tribunal’s “Online Justice Delivery System” has been awarded for Innovative Technology for Smart Governance and selected...

News20 hours ago

52% NRIs see Indian commercial properties emerging as a new asset class

The Indian real estate segment demonstrates an upward trajectory with the projection to exhibit a growth rate of 9.2% CAGR...

Guest Column1 day ago

Welspun Gp acquires Sintex BAPL

Mumbai, March 30, 2023: Welspun Group has acquired the plastic industry market leader, Sintex.  Sintex’s auto business already has a...

New Launches1 day ago

Naiknavare Developers launches Avasa, new vertical of structured plots; commences e-commerce platform designed for plotting

Pune, March 30, 2023: Naiknavare Developers, renowned for its well-thought-out community-centric residential and commercial projects in Pune, Mumbai, and Goa, today announced it...

News1 day ago

Residential demand up 14.2%, supply grew 1.9% YoY: Magicbricks PropIndex Report, Jan-Mar’23

New Delhi/Noida, March 30, 2023: Continuing on the path of resilience and overall growth, India’s residential demand increased 14.2% and...

News1 day ago

Mahindra Life transacts with Alliance Gp for 9.24 acres at Mahindra World City, Chennai

New Delhi, March 29, 2023: Mahindra Lifespace Developers Ltd. (MLDL), the real estate and infrastructure development business of the Mahindra...