Century Textiles and Industries’ wholly-owned subsidiary -- Birla Estates has purchased 28.6-acre prime land parcel in the fast developing micro-market of Sarjapur Road, Bengaluru. This strategic foray into South East Bengaluru market presents a lucrative opportunity for the company to develop Grade-A residences for the large pool of IT professionals working in the IT corridor of Sarjapur, Outer Ring Road, Whitefield and Electronics City. The proposed project is estimated to have a revenue potential of approximately Rs 3,000 crore. The development will essentially comprise of residential housing along with convenience retail options.
Century Textiles & Industries is principally engaged in manufacturing of Textiles, Cement, Pulp and Paper and Real estate.
