Birla Estates Clocks Rs 80 Bn Bookings in FY25
Real Estate

Birla Estates Clocks Rs 80 Bn Bookings in FY25

Birla Estates, the real estate arm of Aditya Birla Group, recorded its highest-ever bookings of Rs 80,000,000,000 in financial year twenty twenty-five, the company announced on Tuesday.

The growth was led by the success of Birla Arika Phase One in Gurugram, which posted nearly Rs 31,000,000,000 in bookings across over three hundred units. Multiple launches in Bengaluru also contributed to the strong performance.

From financial year twenty twenty to twenty twenty-five, the company achieved a seventeen-fold rise in residential booking value. Year-on-year, it registered hundred per cent growth compared to financial year twenty twenty-four.

Managing Director and Chief Executive Officer KT Jithendran said, “This is a testament to our strategic positioning and brand strength. With a compound annual growth rate of seventy-seven per cent, we are among the fastest-growing developers in India.”

He added that eight new launches are scheduled for financial year twenty twenty-six, with continued focus on premium and luxury housing.

Source: The Financial Express

Birla Estates, the real estate arm of Aditya Birla Group, recorded its highest-ever bookings of Rs 80,000,000,000 in financial year twenty twenty-five, the company announced on Tuesday. The growth was led by the success of Birla Arika Phase One in Gurugram, which posted nearly Rs 31,000,000,000 in bookings across over three hundred units. Multiple launches in Bengaluru also contributed to the strong performance. From financial year twenty twenty to twenty twenty-five, the company achieved a seventeen-fold rise in residential booking value. Year-on-year, it registered hundred per cent growth compared to financial year twenty twenty-four. Managing Director and Chief Executive Officer KT Jithendran said, “This is a testament to our strategic positioning and brand strength. With a compound annual growth rate of seventy-seven per cent, we are among the fastest-growing developers in India.” He added that eight new launches are scheduled for financial year twenty twenty-six, with continued focus on premium and luxury housing. Source: The Financial Express

Next Story
Infrastructure Urban

Dubai Municipality Delegation Visits Moro Hub to Explore Smart Tech

His Excellency Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), welcomed a high-level delegation from Dubai Municipality at Moro Hub, a subsidiary of Digital DEWA, the digital arm of DEWA. The delegation was led by His Excellency Marwan Bin Ghalita, Director General of Dubai Municipality. The visit aimed to strengthening collaboration on digital transformation and smart city initiatives between both organizations.The meeting was attended by Eng. Marwan Bin Haidar, Vice Chairman – Digital & Group CEO of Digital DEWA; Eng. Waleed Bin Salman, Vice Chair..

Next Story
Infrastructure Transport

FASTag Annual Pass May Cut Toll Operators’ Revenue by 4–8%

The recent announcement of FASTag annual pass of Rs 3,000 will benefit frequently travelling private commuters but impact the toll collections of private toll operators. The deficit may need to be compensated under the concession agreement, and hence timely finalisation and implementation of the compensation framework will be crucial. In the interim, credit risk profiles of Crisil Ratings-rated toll operators are expected to hold steady, aided by adequate cash flow cover.A Crisil Ratings assessment of 40 operational toll road projects indicates as much.The annual pass will be applicable from A..

Next Story
Infrastructure Urban

Reliance Defence Gets Rs 6 Bn Export Order from Germany’s Rheinmetall

Reliance Infrastructure promoted, Reliance Defence (Reliance Defence), announced securing of a significant export order worth Rs 6 billion from Rheinmetall Waffe Munition GmbH, a leading German defence and ammunitions manufacturer.Reliance Defence’s export order is one of the largest in the high-tech ammunition domain to date. This underscores the strength of its recently announced strategic partnership with Rheinmetall. The order represents a key milestone in Reliance Defence’s strategy to strengthen its position as a reliable partner in the global defence and munition supply chain, with ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?