10 Acres of land pacel acquired by Birla Estates
The wholly-owned subsidiary and the real estate arm of Century Textiles and Industries Limited (CTIL), Birla Estates Pvt. Limited has acquired a 10-acre land parcel at Raja Rajeshwari Nagar, South Bengaluru. This land has a development potential of 1 Million sq. ft. with a revenue potential of Rs 900 Crores. The land parcel is located in a well-developed neighborhood that is easily accessible from the Outer Ring Road as well as the 10-lane Bengaluru-Mysore Highway.
The firm said that the land is a perfect fit for their vision to create LIFEDESIGNED© urban premium options for residents of south Bengaluru.