Birla Estates Acquires Prime Land in Gurugram for Major Housing Project

Birla Estates has acquired a 5-acre parcel in Gurugram's Sector 71, positioning itself to generate over Rs 1,400 crore from a new housing project. The move marks a significant expansion in the NCR for the realty firm, a subsidiary of Century Textiles and Industries Limited under the Aditya Birla Group.

Birla Estates has announced the acquisition of a 5-acre land parcel in Gurugram's Sector 71 to develop a housing project projected to generate revenues exceeding Rs 1,400 crore.

A wholly-owned subsidiary of Century Textiles and Industries Limited, Birla Estates aims to expand its footprint in the National Capital Region with this strategic acquisition.

The project is poised to deliver approximately 10 lakh square feet of aesthetically designed residences, reinforcing the company's strong focus on the Delhi-NCR region, according to MD & CEO K T Jithendran.