π Tender Overview
Scope : To Develop a Premium Housing Project at Malabar Hill in South Mumbai, Maharshtra
Realty firm Birla Estates has purchased a land parcel in South Mumbai to develop a premium housing project and is expecting a sales revenue of more than Rs 600 crore from this upcoming property.
Birla Estates, which is the real estate arm of the Aditya Birla Group housed under Century Textiles and Industries Ltd., did not disclose the size of the land parcel and also the deal value.
Century Textiles and Industries Ltd informed that its subsidiary Birla Estates has acquired prime land parcel in South Mumbaiβs upmarket residential area of Walkeshwar at Malabar Hill.
The luxury project will hold a revenue potential of over Rs 600 crore.