Birla Estates acquires land for a housing project in Bengaluru
Birla Estates has acquired 28.6 acres of land in Sarjapur Road, Bengaluru, with plans to develop a residential housing project and a convenience retail component that has an estimated revenue potential of Rs 3,000 crore. The upcoming grade-A residential complex will cater to the needs of modern professionals in the area, which is emerging as the next IT hub of Bangalore.
Sarjapur Road has been witnessing a surge in real estate development due to the growth of the IT industry, which is driving demand for quality housing and commercial spaces. The addition of Birla Estates' project will further enhance the real estate landscape of the area. The acquisition was facilitated by real estate consultant Cushman & Wakefield.
Sarjapur Road has been witnessing a surge in real estate development due to the growth of the IT industry, which is driving demand for quality housing and commercial spaces. The addition of Birla Estates' project will further enhance the real estate landscape of the area. The acquisition was facilitated by real estate consultant Cushman & Wakefield.