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MoneyWorks4Me

Century Textiles' arm inks pact for 52 acre land in North Bangalore

25 Mar 2022 Evaluate

Century Textiles & Industries’ wholly-owned subsidiary -- Birla Estates has entered into an agreement to jointly develop a prime 52-acre land parcel in North Bangalore with M S Ramaiah Realty.

The project has a revenue potential of Rs 3000 crore and development potential 4 million sq. ft. and will comprise both high and low-rise residential developments, along with retail and commercial elements. It will be an integrated mini township project with large green spaces, lifestyle amenities and curated homes.

Century Textiles & Industries is principally engaged in manufacturing of Textiles, Cement, Pulp and Paper and Real estate.

Peers
Company Name CMP
Lodha Developers 1167.65
Prestige EstatesProj 1632.45
Dilip Buildcon 397.10
DLF 745.00
Oberoi Realty 1739.90
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