Birla Estates launches Bengaluru Real Estate Project

15 Sep 2023 CW Team

The initial phase of the project, named Birla Trimaya, has been officially launched, offering a range of 1, 2, and 3BHK apartments as well as duplex units within eight towers. Positioned in proximity to the forthcoming BIAL IT Investment Region, the development is expected to draw a diverse array of investors, including high-net-worth individuals and non-resident investors, as highlighted in the company's statement.

KT Jithendran, the Managing Director and CEO of Birla Estates, expressed his enthusiasm about the project, stating, "Following the remarkable success of Birla Alokya and Birla Tisya, which collectively secured bookings valued at approximately Rs 10 billion in the Bengaluru market, we are thrilled to introduce our third project in this rapidly evolving city. With the launch of Birla Trimaya Phase 1, we anticipate potential bookings reaching approximately Rs 5 billion."

He further elaborated, "North Bengaluru has emerged as one of the fastest-growing business hubs, attracting numerous R&D, aerospace, automobile, and pharmaceutical enterprises. Consequently, this has led to a substantial influx of skilled professionals pursuing high-value career opportunities, all of whom aspire to enjoy a luxurious lifestyle."

According to the company, this project is a joint venture in collaboration with Ramaiah Realty LLP. MR Seetharam, designated partner at M S Ramaiah Realty, emphasised the commitment to delivering residences that enhance the quality of life, stating, "Our partnership with Birla Estates underscores our dedication to elevating the standard of residential living. Through this collaboration, we are well-positioned to expand our presence in the high-end residential real estate sector and explore new avenues for growth in this domain."

In May 2023, Birla Estates acquired a 28.6-acre land parcel in eastern Bengaluru, projecting a potential revenue of Rs 30 billion from this strategic investment

On September 12, Birla Estates, a subsidiary of Century Textiles and Industries, a publicly traded company, unveiled plans for a lucrative real estate venture in the Devanahalli region of Bengaluru. The real estate firm disclosed this information in an official statement, asserting that the project has the potential to generate revenue of Rs 30 billion. The initial phase of the project, named Birla Trimaya, has been officially launched, offering a range of 1, 2, and 3BHK apartments as well as duplex units within eight towers. Positioned in proximity to the forthcoming BIAL IT Investment Region, the development is expected to draw a diverse array of investors, including high-net-worth individuals and non-resident investors, as highlighted in the company's statement. KT Jithendran, the Managing Director and CEO of Birla Estates, expressed his enthusiasm about the project, stating, Following the remarkable success of Birla Alokya and Birla Tisya, which collectively secured bookings valued at approximately Rs 10 billion in the Bengaluru market, we are thrilled to introduce our third project in this rapidly evolving city. With the launch of Birla Trimaya Phase 1, we anticipate potential bookings reaching approximately Rs 5 billion. He further elaborated, North Bengaluru has emerged as one of the fastest-growing business hubs, attracting numerous R&D, aerospace, automobile, and pharmaceutical enterprises. Consequently, this has led to a substantial influx of skilled professionals pursuing high-value career opportunities, all of whom aspire to enjoy a luxurious lifestyle. According to the company, this project is a joint venture in collaboration with Ramaiah Realty LLP. MR Seetharam, designated partner at M S Ramaiah Realty, emphasised the commitment to delivering residences that enhance the quality of life, stating, Our partnership with Birla Estates underscores our dedication to elevating the standard of residential living. Through this collaboration, we are well-positioned to expand our presence in the high-end residential real estate sector and explore new avenues for growth in this domain. In May 2023, Birla Estates acquired a 28.6-acre land parcel in eastern Bengaluru, projecting a potential revenue of Rs 30 billion from this strategic investment

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Infrastructure Energy

06 Apr 2026

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Real Estate

06 Apr 2026

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..