Century Textiles & Industries’ arm purchases land parcel in Bengaluru

08 May 2023 Evaluate

Century Textiles and Industries’ wholly-owned subsidiary -- Birla Estates has purchased 28.6-acre prime land parcel in the fast developing micro-market of Sarjapur Road, Bengaluru. This strategic foray into South East Bengaluru market presents a lucrative opportunity for the company to develop Grade-A residences for the large pool of IT professionals working in the IT corridor of Sarjapur, Outer Ring Road, Whitefield and Electronics City. The proposed project is estimated to have a revenue potential of approximately Rs 3,000 crore. The development will essentially comprise of residential housing along with convenience retail options.

Century Textiles & Industries is principally engaged in manufacturing of Textiles, Cement, Pulp and Paper and Real estate.


Aditya Birla Real Share Price

2625.25 -36.85 (-1.38%)
20-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Grasim Industries 2493.85
DCM Shriram 1065.45
Birla Corporation 1264.35
Surya Roshni 547.90
3M India 30745.80
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.