+
Birla Estates Pvt Ltd to pump in Rs 5500 cr for Mumbai project
Real Estate

Birla Estates Pvt Ltd to pump in Rs 5500 cr for Mumbai project

A 100% wholly-owned subsidiary and the realty arm of Century Textiles and Industries Limited (CTIL), Birla Estates Private Limited, has swooped into the premium and luxury realty market in Worli.

The firm plans to build a total of 30 acres of land parcels in Worli in phases with a possible booking value of Rs 20,000 crore.

The maiden start of Birla Niyaara is a premium flagship project in this micro-market. This remarkable product, spread across 14 acre, is one of the biggest integrated developments in Mumbai’s most sought-after location, Worli. The development values for Birla Niyaara are Rs 5,500 crore.

CEO of Birla Estates, K T Jithendran, told the media that Century Mills has been among Mumbai’s iconic landmarks and a notable part of the Birla group’s history. Their goal is to form a new landmark in the Mumbai skyline with Birla Niyaara. While it is their flagship and maiden plan in Mumbai, it has the potential to propel Birla Estates into the leading developers’ league.

Conceptualised and developed by architects Foster and Partners, the development is a blend of contemporary and modern high rise living areas, high-end retail and office buildings. The landscape is master-planned and detailed by Coopers Hill and Sasaki, respectively.

Image Source

Also read: Birla Group lines up Rs 1,000 cr capex for housing projects in FY22                                                                                                                                                Also read: Birla Corporation plans 30 mt cement capacity in next five years

A 100% wholly-owned subsidiary and the realty arm of Century Textiles and Industries Limited (CTIL), Birla Estates Private Limited, has swooped into the premium and luxury realty market in Worli. The firm plans to build a total of 30 acres of land parcels in Worli in phases with a possible booking value of Rs 20,000 crore. The maiden start of Birla Niyaara is a premium flagship project in this micro-market. This remarkable product, spread across 14 acre, is one of the biggest integrated developments in Mumbai’s most sought-after location, Worli. The development values for Birla Niyaara are Rs 5,500 crore. CEO of Birla Estates, K T Jithendran, told the media that Century Mills has been among Mumbai’s iconic landmarks and a notable part of the Birla group’s history. Their goal is to form a new landmark in the Mumbai skyline with Birla Niyaara. While it is their flagship and maiden plan in Mumbai, it has the potential to propel Birla Estates into the leading developers’ league. Conceptualised and developed by architects Foster and Partners, the development is a blend of contemporary and modern high rise living areas, high-end retail and office buildings. The landscape is master-planned and detailed by Coopers Hill and Sasaki, respectively. Image Source Also read: Birla Group lines up Rs 1,000 cr capex for housing projects in FY22                                                                                                                                                Also read: Birla Corporation plans 30 mt cement capacity in next five years

Next Story
Infrastructure Energy

Tata Power, Suzlon Ink Rs 60 Billion Wind Energy Deal in Andhra

Tata Power has signed an agreement with Suzlon Energy to develop, construct, and supply 700 megawatt (MW) wind turbines in Andhra Pradesh. The Rs 60 billion project forms part of a 7 gigawatt (GW) renewable energy plan announced by Tata Power Renewable Energy (TPREL) and the state government in March 2025.This marks the first wind energy project in the state since 2019. The larger 7 GW programme, covering solar, wind, and hybrid projects with or without storage, is expected to attract investments of around Rs 490 billion, making it one of the state’s largest clean energy commitments.The turb..

Next Story
Infrastructure Transport

Odisha Approves Rs 12.6 Billion For 32 New Bridges

Odisha is set for a major infrastructure boost with the approval of 32 new bridges under the Setu Bandhan Yojana for FY 2025–26. The project, valued at Rs 12.6 billion, is aimed at improving road connectivity across ten districts, enhancing mobility and driving local development.The bridges will be constructed in Bolangir, Subarnapur, Nayagarh, Sambalpur, Malkangiri, Bargarh, Koraput, Jagatsinghpur, Cuttack, and Puri. Many of these areas are rural or located in difficult terrains, where improved accessibility will greatly benefit the transportation of goods and public mobility.Setu Bandhan Y..

Next Story
Infrastructure Transport

UP Plans Rs 350 Billion Gorakhpur–Shamli Expressway

Uttar Pradesh is preparing to build its largest expressway, a 700-km six-lane project that will surpass the 570-km Ganga Expressway from Meerut to Prayagraj. Designed as a greenfield project, the Gorakhpur–Shamli Expressway will cut travel time between eastern and western Uttar Pradesh to just six hours, transforming regional connectivity.The expressway will pass through 22 districts and 37 tehsils, bringing faster travel and significant economic benefits, including higher land values for farmers and employment opportunities during and after construction. A drone survey to map the route is e..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?