Birla Estates acquires 10 acre land in Bengaluru for housing project


Birla Estates has announced the acquisition of 10 acres of land in Bengaluru for the development of a housing project with a Rs 9 billion sales potential. Birla Estates, a wholly-owned subsidiary of Century Textiles and Industries, announced the acquisition of a 10-acre land parcel in Raja Rajeshwari Nagar, South Bengaluru, in a statement. The project has a development potential of 1 million square feet and a revenue potential of Rs 9 billion, as per the sources.

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The land will be developed through its wholly owned subsidiary, Birla Estates.