Birla Estates Expands Presence in NCR with 5-Acre Land Acquisition in Gurugram
Real estate firm Birla Estates acquires 5-acre land in Gurugram to develop a housing project with an estimated revenue potential of over Rs 1,400 crore.
Birla EstatesGurugramReal EstateHousing ProjectAditya Birla GroupReal EstateJul 15, 2024
The 5-acre parcel offers a development potential of around 10 lakh square feet and is expected to generate revenue of over INR 1400+ crore with aesthetically designed residences. 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.
Birla Estates is committed to creating high-quality residential projects that cater to the evolving needs of homebuyers. With this acquisition, the company aims to strengthen its presence in the NCR market and provide customers with a unique living experience.
Birla Estates is a leading real estate company that has been providing innovative and sustainable housing solutions to customers. As a part of the Aditya Birla Group, the company has a strong legacy of trust and excellence in the industry.
Century Textiles and Industries Limited is a leading Indian business conglomerate with a presence in various industries, including textiles, cement, and real estate. Aditya Birla Group is a multinational conglomerate with a presence in 35 countries across the globe.
Frequently Asked Questions
What is the size of the land acquired by Birla Estates in Gurugram?
5 acres
What is the estimated revenue potential of the housing project?
Over Rs 1,400 crore
What is the development potential of the 5-acre parcel?
Around 10 lakh square feet
What is the focus of Birla Estates in the Delhi-NCR region?
To strengthen its presence and provide customers with a unique living experience
Who is the MD & CEO of Birla Estates?
K T Jithendran
Related News Articles
Pune's Office Leasing Market Surges in Q1 2025, Reaching 1.3 Million Square Feet
Pune, 4th April 2025: CBRE South Asia Pvt. Ltd, India's leading real estate consulting firm, has announced the findings of its latest report. The report highlights a significant year-over-year growth in office leasing, with the market reaching 1.3 million square feet in the first quarter of 2025.
Cafemutual Ideas Fest 2025: Unveiling the Final Agenda for Real Estate and Investment Insights
The Cafemutual Ideas Fest 2025 is set to bring together leading experts in the real estate and investment sectors. Keynote speakers include Rohit Rathi, Principal of Real Estate Business at ICICI Pru MF, who will discuss the preparedness and opportunities
Pimpri Chinchwad Introduces New Time Restrictions for Construction Activities
The Pimpri Chinchwad Civc Body (PCCB) has announced new time restrictions for construction activities, allowing building works only from 7 AM to 10 PM. This decision was made to reduce noise and environmental pollution in residential areas.
Budget 2024: Home Loan Borrowers Hope for Tax Relief Amid Rising Property Prices
As property prices and credit costs surge, home loan borrowers are counting on Finance Minister Nirmala Sitharaman to introduce key changes that could provide much-needed relief and boost the housing market.
Understanding the Maharashtra Stamp (Amendment) Bill, 2025: Implications for Real Estate
On March 18, 2025, the Maharashtra Stamp (Amendment) Bill, 2025 was introduced in the Maharashtra Legislative Assembly. This bill aims to bring significant changes to the real estate sector by amending the existing Maharashtra Stamp Act. The proposed chan
Navigating the Legal Landscape of Real Estate in Maharashtra
By Adv. Mukessh Bajirao Zende, Pune, 17th February 2025: The Indian real estate sector is experiencing a significant transformation, driven by new legal frameworks and policies in Maharashtra.