Birla Estates Signed JV Deal in Bengaluru on 52 acre land

Birla Estates Signed JV Deal in Bengaluru on 52 acre land

Birla Estates Announces Third Bengaluru Project in Partnership with M.S. Ramaiah Realty. Birla Estates, a leading real estate developer, has signed a Joint Development Deal in Bengaluru with M.S. Ramaiah Realty to develop a new integrated township project in North Bengaluru.

Project Highlights:

• Location: North Bengaluru (52-acre land parcel)
• Project Type: Integrated mini township
• Estimated Revenue Potential: Rs 3,000 crore
• Development Potential: 4 million sq ft
• Residential Options: High-rise and low-rise developments
• Additional Elements: Retail and commercial spaces
• Project Features: Large green spaces, lifestyle amenities, and curated homes

Strategic Significance:

• This project marks Birla Estates’ third venture in Bengaluru, solidifying its focus on this key market.
• North Bengaluru is a rapidly growing area with excellent connectivity and proximity to the Kempegowda International Airport.

Company Quotes:

• K.T. Jithendran, CEO, Birla Estates: “This location offers a lucrative opportunity with its employment hubs, connectivity, and diverse housing options. Bengaluru is a key market for us, and we’re excited to announce our third project here in a short span.”
• M.R. Seetharam, Designated Partner, M.S. Ramaiah Realty: “Partnering with Birla Estates for this high-end township is a privilege. Together, we will deliver world-class living spaces.”

Birla Estates’ growth strategy emphasizes capital-efficient, asset-light joint ventures in major metro areas like Mumbai, Pune, Bengaluru, and NCR. This project aligns with their strategy and strengthens their presence in the Bengaluru market.

Residents of this new township can expect a luxurious living experience with a variety of housing options, retail spaces, and modern amenities, all set amidst a landscaped green environment.

Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, The image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article or want to publish your news or article please email news@jvdeals.in