Birla Estates Enters Mumbai Redevelopment With ₹1,700 Cr Project

Birla Estates Private Limited announces its first redevelopment project in Mumbai MMR at Khar West, via a JV with Parinee Real Estate Builders.
The project spans 1.3 acres (~5,261 sq.mts) with 2.9 lakh sq.ft saleable area and estimated revenue potential of ₹1,700 crore.
The redevelopment involves Anmol and Bhartiya Bhavan Co-operative Housing Societies under a luxury residential development format.
Disclosure filed under Regulation 30 and 51 of SEBI LODR 2015 by Aditya Birla Real Estate Limited (NSE: ABREL; BSE: 500040).