Birla Estates sets new sales benchmark with Birla Arika launch in Gurugram

Birla Estates Pvt. Ltd., a wholly owned subsidiary of Aditya Birla Real Estate Limited (formerly Century Textiles and Industries Limited), announced record sales of approximately INR 3000 Cr with Birla Arika, Gurugram. This luxury residential project, spread over 13.275 acres (53722.01 sq. mtrs) of land, with a development potential of 2.4 million sq.ft., is located in the coveted Sector 31, Gurugram.

Strategically positioned just off NH-48, Sector 31, Gurugram, this rare land parcel offers an unparalleled downtown living experience, featuring seven high-rise towers of 40/41 storeys each. The development will be rolled in two phases, with Phase-I launching four towers comprising 322 residences. Crafted for modern communities and sustainable living, the project features only two luxurious residences per floor, ensuring enhanced privacy and space along with ample cross-ventilation. The expansive 4 BHK homes spanning over 4,200 sq. ft. (390.19 sq. mtrs), promises a curated lifestyle with four distinct clubhouses, extensive green spaces, and a dedicated 1-acre forest zone. This creates a tranquil and eco-friendly urban retreat complete with meticulously planned amenities that embody true luxury.

Commenting on this launch, Mr. K.T. Jithendran, MD & CEO of Birla Estates, said: "The launch success of Birla Arika in Sector 31, Gurugram, is a testament of our growth ambitions. Birla Arika is our biggest and most successful launch and marks a strategic milestone in our vision to expand our presence in the NCR region-one of our key growth markets. This development reflects our commitment to delivering future-ready, thoughtfully designed and curated residential spaces in prime urban microhubs. Gurugram's dynamic real estate landscape, supported by robust infrastructure and a strong demand for premium housing, offers a compelling opportunity for sustainable growth. The success of Birla Arika highlights the growing demand for premium residences in Gurugram, as it is set to become a landmark development seamlessly blending opulence with exclusivity in this highly sought-after district."

Located near commercial hubs and key social infrastructure, including Cyber Hub, renowned schools, and leading hospitals, the project enjoys a prime central location in the heart of Gurugram. Offering seamless connectivity and just 15 km from IGI Delhi International Airport. Birla Arika boasts four exclusive clubs, each designed to offer a unique and immersive experience for residents, catering to diverse lifestyle preferences.

With this record-breaking sales milestone, Birla Estates continues to expand its presence in India's most sought-after real estate markets. The company also successfully launched Phase 3 of Birla Trimaya, 0Bengaluru and is in pre-launch phases for Birla Evara in Bengaluru, Birla Punya in Pune and Birla Navya in NCR in the last quarter.

Shares of Aditya Birla Real Estate Limited was last trading in BSE at Rs. 1969.25 as compared to the previous close of Rs. 2052.40. The total number of shares traded during the day was 9379 in over 1319 trades.

The stock hit an intraday high of Rs. 2086.30 and intraday low of 1956.80. The net turnover during the day was Rs. 18767955.00.

Source : Equity Bulls

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