Birla Estates Expands Its Footprint in Gurugram with a 5-Acre Land Acquisition
Birla Estates, the real estate arm of the Aditya Birla Group, acquires a prime 5-acre land parcel in Gurugram with a revenue potential of ₹1,400 crore.
Real EstateNcr MarketLand AcquisitionBirla EstatesAditya Birla GroupReal Estate NewsJul 15, 2024
The newly-acquired land is strategically located on the Southern Peripheral Road (SPR) in Sector 71, boasting good connectivity to Delhi and other parts of Gurugram via the Dwarka Expressway, Sohna Road, and Golf Course Extension Road. The development will feature luxury high-rise residential towers, complemented by elegantly designed clubhouse amenities and landscaped surroundings.
Frequently Asked Questions
Where is the 5-acre land parcel located?
The land parcel is located in Sector 71, Gurugram, on the Southern Peripheral Road (SPR).
What is the development potential of the acquired land?
The acquired land offers a development potential of approximately one million square feet.
What is the revenue potential of the project?
The project is projected to generate revenue exceeding ₹1,400 crore.
What type of development will be featured on the acquired land?
The development will feature luxury high-rise residential towers, complemented by elegantly designed clubhouse amenities and landscaped surroundings.
What is the current market value of Century Textiles and Industries Ltd shares?
As of the last trading session, the shares of Century Textiles and Industries Ltd ended at ₹2,108.80, down by ₹32.45, or 1.52%, on the BSE.
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