Birla Estates Pvt Ltd to pump in Rs 5500 cr for Mumbai project
Real Estate

Birla Estates Pvt Ltd to pump in Rs 5500 cr for Mumbai project

A 100% wholly-owned subsidiary and the realty arm of Century Textiles and Industries Limited (CTIL), Birla Estates Private Limited, has swooped into the premium and luxury realty market in Worli.

The firm plans to build a total of 30 acres of land parcels in Worli in phases with a possible booking value of Rs 20,000 crore.

The maiden start of Birla Niyaara is a premium flagship project in this micro-market. This remarkable product, spread across 14 acre, is one of the biggest integrated developments in Mumbai’s most sought-after location, Worli. The development values for Birla Niyaara are Rs 5,500 crore.

CEO of Birla Estates, K T Jithendran, told the media that Century Mills has been among Mumbai’s iconic landmarks and a notable part of the Birla group’s history. Their goal is to form a new landmark in the Mumbai skyline with Birla Niyaara. While it is their flagship and maiden plan in Mumbai, it has the potential to propel Birla Estates into the leading developers’ league.

Conceptualised and developed by architects Foster and Partners, the development is a blend of contemporary and modern high rise living areas, high-end retail and office buildings. The landscape is master-planned and detailed by Coopers Hill and Sasaki, respectively.

Image Source

Also read: Birla Group lines up Rs 1,000 cr capex for housing projects in FY22                                                                                                                                                Also read: Birla Corporation plans 30 mt cement capacity in next five years
Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

A 100% wholly-owned subsidiary and the realty arm of Century Textiles and Industries Limited (CTIL), Birla Estates Private Limited, has swooped into the premium and luxury realty market in Worli. The firm plans to build a total of 30 acres of land parcels in Worli in phases with a possible booking value of Rs 20,000 crore. The maiden start of Birla Niyaara is a premium flagship project in this micro-market. This remarkable product, spread across 14 acre, is one of the biggest integrated developments in Mumbai’s most sought-after location, Worli. The development values for Birla Niyaara are Rs 5,500 crore. CEO of Birla Estates, K T Jithendran, told the media that Century Mills has been among Mumbai’s iconic landmarks and a notable part of the Birla group’s history. Their goal is to form a new landmark in the Mumbai skyline with Birla Niyaara. While it is their flagship and maiden plan in Mumbai, it has the potential to propel Birla Estates into the leading developers’ league. Conceptualised and developed by architects Foster and Partners, the development is a blend of contemporary and modern high rise living areas, high-end retail and office buildings. The landscape is master-planned and detailed by Coopers Hill and Sasaki, respectively. Image Source Also read: Birla Group lines up Rs 1,000 cr capex for housing projects in FY22                                                                                                                                                Also read: Birla Corporation plans 30 mt cement capacity in next five years

Next Story
Real Estate

Maharashtra Builders Must Add Waterproof Telecom Centres In Buildings

The Maharashtra Urban Development Department (UDD) has issued a notice (dated 30 September 2024) inviting suggestions and objections regarding a proposed addendum to the Model Building Bye-Laws 2016, issued by the Ministry of Housing and Urban Affairs (MoHUA). The addendum is set to be incorporated into the Development Control and Promotion Regulations – 2034 for Greater Mumbai. Aimed at enhancing digital connectivity infrastructure in Mumbai and its suburbs, the notice calls on architects, developers, and town planners to provide input on the inclusion of Common Telecommunication Infrastru..

Next Story
Technology

Year-End Review 2024: MeitY’s Digital Leap

In 2024, the Ministry of Electronics and Information Technology (MeitY) spearheaded significant initiatives to advance India's digital growth, with a focus on artificial intelligence (AI), cybersecurity, and skill development. These efforts aimed to democratise technology, foster innovation, and cement India's position as a global technology leader. Semiconductor Manufacturing under the Semicon India Programme Several major projects received approval under the Semicon India Programme, marking a pivotal year for semiconductor manufacturing in India: 1. Tata Electronics Private Limited (TEPL)..

Next Story
Infrastructure Transport

Indian Railways to Roll Out Kavach 4.0 For Safer Rail Operations

Indian Railways is advancing efforts to boost safety and operational efficiency by deploying the state-of-the-art Kavach 4.0 automatic train protection system across key routes. The enhanced system, developed in-house, aims to prevent accidents, minimise human error, and ensure seamless train operations. According to officials, all locomotives equipped with earlier versions of Kavach will be upgraded to Kavach 4.0. The North-East Frontier Railway has identified approximately 1,966 route kilometres, stretching from Malda Town to Dibrugarh, for implementation. This initiative is part of a br..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000