Aditya Birla Real Estate Subsidiary, Birla Estates, Acquires 70.92-Acre Land Parcel in Boisar for INR 104.3 Crore

Birla Estates Private Limited, a wholly owned subsidiary of Aditya Birla Real Estate Limited (formerly Century Textiles and Industries Limited), has announced the acquisition of a 70.92-acre land parcel in Boisar for INR 104.3 Crore. Birla Estates, established in a short span of time, has become a brand of choice in the real estate industry. The company develops premium residential housing in key markets and is focused on developing world-class residential, commercial, and mixed-use properties. It aims to be amongst the top real estate companies in India, differentiating itself through sustainability, execution excellence, customer centricity, and thoughtful design. The company has a well-established commercial portfolio with 2 grade-A commercial buildings located in Worli, Mumbai, with ~6 lakh square feet of leasable area.