Century Textiles and Industries’ wholly owned subsidiary -- Birla Estates has entered the Pune residential real estate market by acquiring 5.76 acres of land in Sangamwadi, a central business district in Pune. The land was purchased from Sudarshan Chemical Industries (SCIL).
This land parcel is located in one of the most premium locations in Pune with an estimated revenue potential of approximately Rs 2,500 crore. The company plans to develop a premium residential project in line with its intent to create thoughtful LifeDesigned spaces with curated amenities setting new benchmarks for contemporary living.
Century Textiles & Industries is principally engaged in manufacturing of Textiles, Cement, Pulp and Paper and Real estate.
