Birla Estates purchases a 10-acre Bengaluru land tract with an eye toward generating $900 million in revenue.

Birla Estates Pvt. Limited, a 100 percent wholly owned subsidiary of Century Textiles and Industries Limited, reported its acquisition of a 10-acre land parcel in Raja Rajeshwari Nagar, South Bengaluru, on September 28 .

Birla Estates Pvt.Limited, a 100 percent wholly owned subsidiary of Century Textiles and Industries Limited (CTIL), reported its acquisition of a 10-acre land parcel in Raja Rajeshwari Nagar, South Bengaluru, on September 28.The parcel is located in a well-developed neighborhood that is easily accessible via the Outer Ring Road as well as the 10-lane Bengaluru-Mysore Highway.It is one of the largest land parcels open for vertical development in the area, dominated by plots and individual houses, and Birla Estates intends to introduce a premium residential development.

According to K.T Jithendran, CEO of Birla Estates, the company's latest project is grateful to announce our fourth project in Bengaluru at Raja Rajeshwari Nagar, according to K.T Jithendran, CEO of the firm.It is one of the largest land parcels in this area and is a perfect complement to our aim of presenting LIFEDESIGNED(c) urban premium services to south Bengaluru residents.Birla Estates has launched two projects in Bengaluru to date, Birla Alokya at Whitefield and Birla Tisya in Rajajinagar, in line with our aggressive expansion plans in key markets.Early 2022, the third project was announced, is a mini-township project in North Bengaluru.

Birla Estates currently has five planned residential projects in the Mumbai Metropolitan Region (MMR), Bengaluru, and the National Capital Region (NCR).

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