Masterstroke by Kumar Mangalam Birla, Birla Estates sells housing properties in North Bengaluru worth Rs…
GH News October 03, 2024 07:07 PM
New Delhi: In a major move Birla Estates Private Limited has informed that the company has sold its inventory in the Bengaluru project Birla Trimaya Phase II – The Park achieving an approximate booking value of about Rs 600 crore. The company has released a statement and said “Birla Trimaya Phase II – The Park has sold almost 95 percent of its inventory within 24 hours of its launch achieving an approximate booking value of about Rs 600 crore. The company further informed the performance of Phase I of Birla Trimaya which secured approximately Rs 500 crore in bookings within 36 hours of its launch. The company has till day achieved approximately Rs 1100 crore from the cumulative booking value and the project is anticipated to generate a total revenue potential of around Rs 3000 crore. “Our focus on design differentiation and deep understanding of the market has created this new benchmark. Bengaluru remains a key focus market in our growth plans” said K T Jithendran MD and CEO of Birla Estates. About The Property: The property is located on the Shettigere Road in Devanahalli of North Bengaluru. The project is spread across 52 acres The project comprises apartments row houses and duplex homes. Companys commercial portfolio comprises two grade-A commercial buildings located in Worli Birla Estates Private Limited is headquartered in Mumbai and is a wholly owned subsidiary of Aditya Birla Real Estate Limited primarily focused on developing premium residential housing in key markets.
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