Aditya Birla Real Estate’s wholly owned subsidiary -- Birla Estates has acquired a land parcel covering 70.92 acres in Boisar for Rs 104.3 crore.
Birla Estates 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.
Aditya Birla Real Estate (formerly Century Textiles and Industries) is principally engaged in manufacturing of Textiles, Cement, Pulp and Paper and Real estate.