Birla Estates sells housing properties worth Rs 6 Bn
Real Estate

Birla Estates sells housing properties worth Rs 6 Bn

Birla Estates Private Limited stated on October 1 that the company had sold its inventory in the Bengaluru project, Birla Trimaya Phase II – The Park, achieving a booking value of approximately Rs 6 billion. The company mentioned that almost 95 %of the inventory had been sold within 24 hours of launch.

This followed the success of Phase I, which had secured about Rs 5 billion in bookings within 36 hours. Overall, the company noted that the cumulative booking value was around Rs 11 billion, with the project expected to generate approximately Rs 30 billion in revenue.

The development, located on Shettigere Road, Devanahalli, spans 52 acres and features a mix of apartments, row houses, and duplex homes. K T Jithendran, MD and CEO, emphasized that their focus on design and market knowledge had set a new standard, with Bengaluru being central to their growth plans.

Birla Estates Private Limited stated on October 1 that the company had sold its inventory in the Bengaluru project, Birla Trimaya Phase II – The Park, achieving a booking value of approximately Rs 6 billion. The company mentioned that almost 95 %of the inventory had been sold within 24 hours of launch. This followed the success of Phase I, which had secured about Rs 5 billion in bookings within 36 hours. Overall, the company noted that the cumulative booking value was around Rs 11 billion, with the project expected to generate approximately Rs 30 billion in revenue. The development, located on Shettigere Road, Devanahalli, spans 52 acres and features a mix of apartments, row houses, and duplex homes. K T Jithendran, MD and CEO, emphasized that their focus on design and market knowledge had set a new standard, with Bengaluru being central to their growth plans.

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->