Birla Estates Pvt. Ltd., a wholly-owned subsidiary of Century Textiles and Industries, and the actual property enterprise of the Aditya Birla Group, has introduced increasing its presence in Pune with a land acquisition in Manjri, Pune.
The land parcel is unfold throughout 16.5 acres with a improvement potential of roughly 32 lakh sq ft and an estimated income potential of ₹2,500 crore.
Ok. T. Jithendran, MD & CEO at Birla Estates stated, “Pune is a strategic marketplace for us and this acquisition is a step in direction of our formidable progress plans. The Pune Sholapur hall is remodeling at a fast tempo and we intend to boost residing requirements in Manjri by delivering meticulously designed properties that seamlessly combine modern structure with thoughtfully chosen facilities.”
Shares of Century Textiles & Industries inventory traded at ₹2,315.10 on the NSE, greater by 4.39 per cent as of 1.15 pm.
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