Birla Estates will launch premium Worli project by October

28 May 2021 CW Team

Birla Estates, the realty division of AV Birla Group's Century Textiles, will launch a super-premium project at Worli in the megapolis, which will have a revenue potential of Rs 10,000 crore.

J C Laddha, Century Textiles Managing Director, told the media that Birla Estates has ongoing three projects under construction at Kalyan, Gurugram, and Bangalore. From which it has already sold units worth Rs 1,000 crore. Laddha said they expect to secure all permissions from the BMC and RERA, the regulator for the Worli project by July-August, and wish to launch it officially by October.

They have already invested about Rs 475 crore into the project as regulatory and other costs.

While sitting on a large land bank in Delhi, Mumbai, and Pune already, the group is betting high on the realty area and has drawn Rs 1,000 crore in capital expenditure this fiscal. It aims to be among the top five developers within the coming three-five years, including Rs 7,000 crore annual sales.

The project around the Kamla Mills Compound in central Mumbai will come upon a 20-acre plot and will have three towers of 65 stories each. However, the total number of floors depends on the FSI approval by the BMC.

The textile director said that moving forward, where they don't own the land banks, the centre will be on joint development wherein the partner brings in the land, and the project development, planning, construction, etc, will be done by Birla Estates.

The group has about 50 acres of land bank spread over Mumbai, Kalyan, Pune, Thane, and a small area in Delhi.

Laddha further said that the Kalyan project that is going on is on a 13-acre plot with a saleable area of 1.3 million sqft in the first phase and has a revenue potential of over Rs 1,150 crore.

The Gurugram project is much larger, with a revenue potential of above Rs 4,500 crore when three phases will be completed across 65 acres. The project is being constructed jointly with the Anant Raj Group.

The current Birla Alokya project in the Whitefield area is constructed on an 8-acre plot with a salable area of 0.55 million sqft and can produce Rs 400 crore in revenue.

Image Source

Also read: Birla Group lines up Rs 1,000 cr capex for housing projects in FY22

Also read: Parinee Realty raises over Rs 325 cr for commercial project in Worli

Birla Estates, the realty division of AV Birla Group's Century Textiles, will launch a super-premium project at Worli in the megapolis, which will have a revenue potential of Rs 10,000 crore. J C Laddha, Century Textiles Managing Director, told the media that Birla Estates has ongoing three projects under construction at Kalyan, Gurugram, and Bangalore. From which it has already sold units worth Rs 1,000 crore. Laddha said they expect to secure all permissions from the BMC and RERA, the regulator for the Worli project by July-August, and wish to launch it officially by October. They have already invested about Rs 475 crore into the project as regulatory and other costs. While sitting on a large land bank in Delhi, Mumbai, and Pune already, the group is betting high on the realty area and has drawn Rs 1,000 crore in capital expenditure this fiscal. It aims to be among the top five developers within the coming three-five years, including Rs 7,000 crore annual sales. The project around the Kamla Mills Compound in central Mumbai will come upon a 20-acre plot and will have three towers of 65 stories each. However, the total number of floors depends on the FSI approval by the BMC. The textile director said that moving forward, where they don't own the land banks, the centre will be on joint development wherein the partner brings in the land, and the project development, planning, construction, etc, will be done by Birla Estates. The group has about 50 acres of land bank spread over Mumbai, Kalyan, Pune, Thane, and a small area in Delhi. Laddha further said that the Kalyan project that is going on is on a 13-acre plot with a saleable area of 1.3 million sqft in the first phase and has a revenue potential of over Rs 1,150 crore. The Gurugram project is much larger, with a revenue potential of above Rs 4,500 crore when three phases will be completed across 65 acres. The project is being constructed jointly with the Anant Raj Group. The current Birla Alokya project in the Whitefield area is constructed on an 8-acre plot with a salable area of 0.55 million sqft and can produce Rs 400 crore in revenue. Image SourceAlso read: Birla Group lines up Rs 1,000 cr capex for housing projects in FY22 Also read: Parinee Realty raises over Rs 325 cr for commercial project in Worli

Infrastructure Urban

04 May 2026

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Infrastructure Energy

04 May 2026

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

Infrastructure Urban

04 May 2026

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..