Birla Estates Expands its Presence in NCR with Strategic Land Acquisition in Gurugram
Birla Estates has acquired a 5-acre prime land parcel in Sector 71, Gurugram, to develop luxury high-rise residential towers with elegantly designed clubhouse amenities and landscape.
Birla EstatesGurugramReal EstateLuxury ResidentialNcr RegionReal Estate NewsJul 15, 2024
The luxury high-rise residential towers will be complemented by elegantly designed clubhouse amenities and landscape, redefining the Gurugram skyline. Situated on Southern Peripheral Road (SPR) in Sector 71, this prime location offers exceptional connectivity to Delhi and other parts of Gurugram via the Dwarka Expressway, Sohna Road, and Golf Course Extension Road, along with proximity to top educational institutions, hospitals, as well as F&B, retail, and commercial centers.
According to K. T. Jithendran, MD & CEO at Birla Estates, 'Gurugram has been a pivotal market for us from the outset. The real estate potential in this micro-market is immense and reinforces our strong focus in the Delhi-NCR region. With this acquisition, we aim to cater to homebuyers seeking exclusivity and distinctive living experiences. At Birla Estates, our commitment transcends luxury; our ethos is to embrace a vision of residences that embody a legacy of dedication and excellence.'
Birla Estates is rapidly expanding in the NCR market with this new acquisition adding to its projects in Golf Course Extension Road and Sector 31 in Gurugram and Mathura Road in Delhi. The company's focus on the Delhi-NCR region is driven by its commitment to providing premium living experiences to homebuyers in the region.
Frequently Asked Questions
Where is the 5-acre land parcel acquired by Birla Estates located?
The 5-acre land parcel is located in Sector 71, Gurugram.
What is the development potential of the acquired land?
The acquired land has a development potential of around 10 lakh square feet.
What is the expected revenue from the project?
The project is expected to generate revenue of over INR 1400+ crore.
What is the significance of Gurugram in Birla Estates' expansion plans?
Gurugram has been a pivotal market for Birla Estates from the outset, offering immense real estate potential and reinforcing the company's strong focus in the Delhi-NCR region.
What is the company's vision for its residences?
Birla Estates' vision is to create residences that embody a legacy of dedication and excellence, transcending luxury and providing premium living experiences to homebuyers.
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