Birla Estates is wholly owned subsidiary of Century Textiles and Industries Limited and the real estate venture of the Aditya Birla Group. It develops premium residential housing in key markets. The company is developing land parcels both through outright purchases as well as asset light joint ventures apart from developing its own land parcels.

With 556 units booked, accounting for an approximate Rs 500 crore booking value, Birla Estates has solidified its position as a leader in the luxury residential real estate market of Bengaluru. Birla Trimaya, the 52-acre land parcel situated in North Bangalore is in joint partnership with M. S. Ramaiah Realty LLP.

K. T. Jithendran, MD & CEO of Birla Estates said: ?The launch of Birla Trimaya Phase 1 has created a significant milestone as our third investment within this continually evolving city. This achievement only reaffirms our commitment to delivering extraordinary living experiences to our clients.

The constant influx of global companies and the need for skilled professionals are the driving factors for the luxury real estate boom in the city. North Bengaluru has become the epicentre of these skilled professionals who seek not just a home but a lifestyle that reflects their success and aspirations.

Century Textiles & Industries has presence in cotton textiles, pulp & paper and real estate sectors.

The Aditya Birla Group company reported a consolidated net loss of Rs 5.88 crore in Q1 FY24 as against a net profit of Rs 46.31 crore posted in Q1 FY23. Net sales declined 5.58% year on year to Rs 1,106.44 crore in the quarter ended 30 June 2023.

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