Birla Estates Acquires Prime Land in Mumbai for ₹537.42 Cr
Birla Estates, the real estate arm of the Aditya Birla Group, has acquired a land parcel in the Mumbai Metropolitan Region (MMR) valued at ₹537.42 crore. Located in Kalwa along the Thane-Belapur Road, the area is becoming a key residential hub due to its proximity to Thane and Navi Mumbai.
Anand Moorthy of Square Yards highlighted the strategic positioning of developers in key markets, noting growing demand for office and residential spaces. The digitization of land records and increased transparency are further boosting confidence in India's real estate sector.