Birla Estates Private Limited (BEPL), a wholly owned subsidiary of Aditya Birla Real Estate Limited (formerly Century Textiles and Industries Limited), has signed agreements for a USD 50 million (around Rs 4.2 billion) investment from the International Finance Corporation (IFC), a member of the World Bank Group. This marks a significant step in Birla Estates’ mission to deliver sustainable, high-quality real estate projects across India.The investment will be channelled into two major developments. Approximately Rs 1.48 billion will go into the Manjri project in Pune, featuring a saleable area of around 3.13 million square feet. A further Rs 2.72 billion will support the Thane project, which has a saleable area of roughly 6.43 million square feet. Both projects will be developed through Special Purpose Vehicles (SPVs) fully owned and managed by Birla Estates.Under the terms of the agreement, Birla Estates will retain a 56 per cent economic interest in the SPVs, while IFC will hold the remaining 44 per cent. This structure enables IFC’s strategic involvement in the development while allowing Birla Estates to maintain operational leadership.Commenting on the development, Mr K. T. Jithendran, Managing Director and CEO of Birla Estates, stated, “We are proud to welcome IFC as a valued partner in our effort to redefine urban living through sustainable development. This collaboration affirms our design-led, sustainability-driven approach and enhances our capacity to scale responsibly.”IFC’s Regional Director for South Asia, Imad N. Fakhoury, noted, “Housing drives jobs, resilience, and economic growth. Our partnership with Birla Estates will help close the housing gap in India by making sustainable, high-quality homes more accessible, particularly for first-time buyers. This aligns with India’s net-zero goals and supports private sector growth in real estate.”The investment arrives on the back of strong momentum for Birla Estates. In the final quarter of FY25, the company launched five new projects across its key markets in the National Capital Region, Bengaluru, and Pune, recording its highest-ever quarterly sales performance. The IFC investment further strengthens Birla Estates’ financial foundation as it scales its presence across India’s most dynamic urban centres.