Birla Estates buys 28.6 acre land in Bengaluru for housing development

10 May 2023 CW Team

According to the company's announcement, Birla Estates has purchased a 28.6-acre plot of land in Bengaluru for housing development and anticipates earning Rs 30 billion from the venture. The project would include homes for residents as well as convenient retail options, the business noted.

In the quickly developing Sarjapur Road area of Bengaluru, Century Textiles and Industries Ltd. has announced that its subsidiary, Birla Estates Pvt Ltd., has purchased a highly sought 28.6 acre land.

The corporation withheld information about the specifics of the deal, including the purchase price.

"The proposed project is estimated to have a revenue potential of about Rs 30 billion," the business stated in its regulatory filing. According to KT Jithendran, MD and CEO of Birla Estates, "We believe that this area has enormous potential to become the next IT hub, and our Grade-A residential complex will serve as a haven for contemporary professionals in the area.

A subsidiary of Century Textiles and Industries Ltd, Birla Estates Pvt Ltd, specialises in building luxury homes in strategic markets. In addition to constructing its own properties, the company also acquires property for development through direct purchases and joint ventures with modest asset investments. Birla Estates has purchased a 5.76-acre plot of land in Pune for the development of a residential complex that is expected to cost Rs 25 billion, in keeping with its growth strategy. The business recently bought a prestigious piece of property in South Mumbai to develop a luxury housing project that will bring in an estimated Rs 6 billion.

Infrastructure Transport

02 Jun 2026

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..

Dhoot Partners RideVision For ADAS Solutions

Dhoot Transmission has partnered with Israel-based RideVision to introduce Advanced Driver Assistance Systems (ADAS) solutions in India, marking its entry into intelligent mobility and automotive safety technologies.The collaboration will bring globally proven ADAS technologies to India, customised for local road conditions and mobility needs. It will strengthen Dhoot Transmission’s existing electronics portfolio and support its long-term focus on next-generation automotive electronics.Naveen Kumar, CEO – India, Wiring Harness and Electronics, Dhoot Transmission, said the partnership combi..

Dash Square Adds Ashley Study Furniture

Dash Square has expanded its furniture portfolio with a curated study furniture collection from Ashley Furniture Homestore. The range is designed for contemporary homes where work, study and creative activities increasingly require dedicated and well-planned spaces.The collection includes writing desks, executive workstations, storage-led study units and display shelving. It combines practicality, comfort and design to create workspaces that are functional as well as visually appealing.One setting features a light-toned desk with coordinated bookcases and storage cabinets, creating a bright an..