Birla Estates to spend Rs.5.5 bn on its project in Gurugram

Mumbai-based realty firm Birla Estates, part of the B K Birla Group, ventured into the Delhi National Capital Region market and is planning to invest Rs.5.5 bn to develop high-rises in Gurugram. The project, Birla Navya, is spread across 10 acre. Of the Rs.5.5 bn, the company has already committed about Rs.4 bn to its JV partner in Delhi-NCR for the entire 73 acre land parcel. Birla Estates has tied up with Delhi-based Anant Raj Group to develop the housing project. The units will be ready for possession around 2024.

Contact: K T Jithendran, CEO, Birla Estates.

Address: Birla Aurora, Level 8, Dr Annie Besant Road, Worli, Mumbai-400 030.

Tel: 022-6287 4100.

E-mail: info@birlaestates.com

Website: www.birlaestates.com