Business Update15 Jul 2024, 09:33 pm
Birla Estates Secures 5-Acre Land Parcel in Gurugram with INR 1400+ Crore Potential Revenue
AI Summary
Birla Estates, a wholly-owned subsidiary of Century Textiles and Industries Limited, has acquired a 5-acre land parcel in Sector 71, Gurugram. The land has a development potential of around 10 lakh square feet and is expected to generate revenue of over INR 1400+ crore. The luxury high-rise residential towers will be complemented by elegantly designed clubhouse amenities and landscape. The location offers exceptional connectivity to Delhi and other parts of Gurugram via major roads and proximity to top institutions and commercial centers.
Key Highlights
- Birla Estates secures a 5-acre land parcel in Sector 71, Gurugram with a development potential of around 10 lakh square feet.
- The land acquisition is expected to generate revenue of over INR 1400+ crore with aesthetically designed residences.
- The luxury high-rise residential towers will be complemented by elegantly designed clubhouse amenities and landscape.
- The location offers exceptional connectivity to Delhi and other parts of Gurugram via major roads.
- Birla Estates is rapidly expanding in the NCR market with this new acquisition.