+
STLL to invest Rs 2 bn in Bilaspur Mixed-Use Township Development
Real Estate

STLL to invest Rs 2 bn in Bilaspur Mixed-Use Township Development

Sindhu Trade Links (STLL), a company specialising in providing a range of essential services for mining, logistics, transportation, and related activities, has announced its commitment to invest Rs 2 billion in establishing a diverse mixed-use township in Bilaspur, Chhattisgarh. The anticipated revenue potential from this endeavour is estimated to be around Rs 5.5 billion.

Bilaspur is among the selected Indian cities designated for transformation into smart cities through the Smart Cities Mission initiative. The proposed township will span approximately 53 acres, of which the company currently possesses approximately 47 acres of land and has partnered with other entities for an additional 16 acres.

The venture encompasses a blend of residential plotted development, residential group housing, and a retail shopping mall. The entire site offers development prospects totalling 1.5 million sq ft. There is also potential for growth in built-up villas and apartment sales during subsequent phases, in contrast to the initial focus on plotted land sales.

STLL is fully prepared to commence work on this ambitious project within the on-going fiscal year of 2023-24. The official launch of the project is projected to take place in the fourth quarter of this fiscal year, and STLL anticipates generating revenue starting from the subsequent financial year.

Plans for development are in the final stages of preparation and will soon be presented for official approval. The company has successfully obtained a Colonizer License and completed site demarcation. Additionally, STLL is diligently working towards securing the necessary approvals and No Objection Certificates (NOCs) from various government departments.

Sindhu Trade Links (STLL), a company specialising in providing a range of essential services for mining, logistics, transportation, and related activities, has announced its commitment to invest Rs 2 billion in establishing a diverse mixed-use township in Bilaspur, Chhattisgarh. The anticipated revenue potential from this endeavour is estimated to be around Rs 5.5 billion.Bilaspur is among the selected Indian cities designated for transformation into smart cities through the Smart Cities Mission initiative. The proposed township will span approximately 53 acres, of which the company currently possesses approximately 47 acres of land and has partnered with other entities for an additional 16 acres.The venture encompasses a blend of residential plotted development, residential group housing, and a retail shopping mall. The entire site offers development prospects totalling 1.5 million sq ft. There is also potential for growth in built-up villas and apartment sales during subsequent phases, in contrast to the initial focus on plotted land sales.STLL is fully prepared to commence work on this ambitious project within the on-going fiscal year of 2023-24. The official launch of the project is projected to take place in the fourth quarter of this fiscal year, and STLL anticipates generating revenue starting from the subsequent financial year.Plans for development are in the final stages of preparation and will soon be presented for official approval. The company has successfully obtained a Colonizer License and completed site demarcation. Additionally, STLL is diligently working towards securing the necessary approvals and No Objection Certificates (NOCs) from various government departments.

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code