Up next
Tags

Birla Estates Pvt. Limited, a 100% wholly owned subsidiary and the real estate arm of Century Textiles and Industries Limited (CTIL), announced its acquisition of a 10-acre land parcel at Raja Rajeshwari Nagar, South Bengaluru. The project has a development potential of 1 Mn sq. ft. with a revenue potential of INR 900 Crores.

The land parcel is located in a well-developed neighbourhood that is easily accessible from the Outer Ring Road as well as the 10-lane Bengaluru-Mysore Highway. It is one of the largest land parcels available for vertical development in the vicinity, dominated by plots and individual houses and Birla Estates plans to launch a premium residential development. This is in line with other land parcels developed by Birla Estates across the company’s key markets.

Commenting on the company’s new project, K.T Jithendran, CEO, Birla Estates said, “We are delighted to announce our fourth project in Bengaluru at Raja Rajeshwari Nagar. Being one of the largest land parcels in this location, it is a perfect fit for our vision to create LIFEDESIGNED© urban premium options for residents of south Bengaluru. This outright acquisition is in line with our aggressive expansion plans across key markets of Bengaluru, MMR, Pune and NCR regions.”

To date, Birla Estates has launched two projects in Bengaluru – Birla Alokya at Whitefield and Birla Tisya in Rajajinagar. The third project, announced in early 2022 is an integrated mini-township project in North Bengaluru. Both the projects are expected to be launched in the next financial year.

Currently, Birla Estates has five ongoing residential developments spread across the Mumbai Metropolitan Region (MMR), Bengaluru, and the National Capital Region (NCR) – with new projects planned in each of these markets.

Also Read: Birla launches Realty project in Worli

SHARE ON
TwitterWhatsappFacebookBufferLinkedInPin It
You May Also Like
Dharavi, Asia's largest slum

Lok Vikas Initiative Connects Dharavi Residents to Government Welfare Schemes

Over 300 residents of Dharavi have gained access to essential government welfare schemes through the Lok Vikas initiative by the Dharavi Social Mission. The programme, which has already delivered medical insurance benefits worth Rs 10 crore, helps local residents overcome barriers like cybercrime concerns and lack of awareness, ensuring they don’t miss out on crucial social protections.
Affordable housing’s share of sales in India’s top cities has plunged to 18% in H1 2025. US tariffs on Indian exports could further hurt MSMEs—the core buyers of budget homes—risking defaults and slowing launches.

These are Mumbai City’s Most Dangerous Buildings to Live In – MHADA Declares 96 Cessed Buildings Unsafe in Pre-Monsoon Survey

In a crucial pre-monsoon warning, MHADA’s MBRRB has declared 96 cessed buildings in South Mumbai as extremely dangerous and unfit for habitation. With over 3,000 tenants affected, residents are urged to evacuate immediately. Full building-wise list and safety update inside.
black money

Black Money Deals Down 75-80% in Post DeMo era

Pre vs. Post DeMo – Black Money Deals Down 75-80%, Housing Sales Outstrip New…

K Raheja Corp Signs Landmark ₹466 Crore Deal for Kandivali East Land Parcel

K Raheja Corp has finalized a ₹466 crore deal to acquire a 5.65-acre land parcel in Kandivali East, Mumbai, from Global E-Service Private Limited. The transaction, tied to obtaining development approvals from the BMC, will be completed in phases over five years. The agreement includes a ₹210 crore refundable, interest-free security deposit and reflects a major step in Mumbai’s real estate development sector.