Birla Estates to redevelop residential projects in Mumbai
Birla Estates has partnered with Parinee Real Estate Builders to redevelop residential projects in Mumbai, with an estimated revenue potential of ₹1,700 crore. The joint venture will redevelop Anmol and Bhartiya Bhavan Co-operative Housing Societies, boasting a saleable area of 2.9 lakh sq ft.
Birla Estates has entered the Mumbai redevelopment market. The company has partnered with Parinee Real Estate Builders to redevelop Anmol and Bhartiya Bhavan Co-operative Housing Societies in Khar West. The project has a saleable area of 2.9 lakh sq ft and an estimated revenue potential of ₹1,700 crore. This joint venture marks Birla Estates' entry into the redevelopment market. The project is being developed under a joint redevelopment arrangement. Birla Estates is a wholly-owned subsidiary of Aditya Birla Real Estate.
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