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 Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Infrastructure Urban

01 Jun 2026

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Infrastructure Urban

01 Jun 2026

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..