Birla Estates expands into Gurugram with strategic land acquisition in Sector 71

Birla Estates Pvt. Ltd., a key real estate venture of the Aditya Birla Group and a wholly owned subsidiary of Century Textiles and Industries Limited, has announced a significant expansion in the National Capital Region (NCR) with a new land acquisition in Sector 71, Gurugram. This acquisition encompasses a 5-acre parcel that boasts a development potential of approximately 10 lakh square feet, projected to generate revenue surpassing INR 1400 crore.

The site will be developed into luxury high-rise residential towers, set to redefine the Gurugram skyline. These residences will be complemented by a range of high-end amenities, including an elegantly designed clubhouse and extensive landscaping. Located on the Southern Peripheral Road (SPR), the property offers excellent connectivity to Delhi and other key areas of Gurugram through the Dwarka Expressway, Sohna Road, and Golf Course Extension Road. The strategic location also ensures easy access to top educational institutions, healthcare facilities, and a variety of food, beverage, retail, and commercial centers.

Mr. K. T. Jithendran, the Managing Director & CEO of Birla Estates, emphasized the significance of the Gurugram market for the company. “Gurugram has been a pivotal market for us from the outset. The real estate potential in this micro-market is immense and reinforces our strong focus in the Delhi-NCR region. With this acquisition, we aim to cater to homebuyers seeking exclusivity and distinctive living experiences,” he stated. Jithendran further highlighted the company’s commitment to not just luxury, but a legacy of dedication and excellence in their residences.

Birla Estates is rapidly making its mark in the NCR market, adding this project to its portfolio which already includes developments on the Golf Course Extension Road and Sector 31 in Gurugram, as well as Mathura Road in Delhi. Established as a preferred brand in the real estate sector, Birla Estates continues to grow through both outright purchases and asset-light joint ventures, while also developing its existing land parcels.

With its headquarters in Mumbai and regional offices in NCR, Bengaluru, and Pune, Birla Estates also maintains a strong commercial portfolio, including two grade-A commercial buildings in Worli, Mumbai, encompassing around 6 lakh square feet of leasable area.