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Bengaluru (Karnataka) [India], September 28 (ANI/BusinessWire India): Birla Estates Pvt. Limited, a 100 per cent wholly owned subsidiary and the real estate arm of Century Textiles and Industries Limited (CTIL), announced its acquisition of a 10-acre land parcel at Raja Rajeshwari Nagar, South Bengaluru. The project has a development potential of 1 Mn sq. ft. with a revenue potential of Rs 900 Crores. The land parcel is located in a well-developed neighbourhood that is easily accessible from the Outer Ring Road as well as the 10-lane Bengaluru-Mysore Highway. It is one of the largest land parcels available for vertical development in the vicinity, dominated by plots and individual houses and Birla Estates plans to launch a premium residential development. This is in line with other land parcels developed by Birla Estates across the company's key markets. Commenting on the company's new project, K.T Jithendran, CEO, Birla Estates said, "We are delighted to announce our four

Raja rajeshwari nagarBirla tisyaIndustries limitedNational capital regionBusinesswire indiaBirla estatesCentury textilesOuter ring roadRaja rajeshwariMumbai metropolitan regionBengaluru karnataka indiaEptember 28 ani businesswire india birla estates pvt limitedA 100 per cent wholly owned subsidiary and the real estate arm of century textiles industries limited ctilNnounced its acquisition ofa 10 acre land parcel at raja rajeshwari nagarOuth bengaluru the project hasa development potential of 1 mn sq ft witha revenue rs 900 crores land parcel is located ina well developed neighbourhood that easily accessible from outer ring road as 10 lane mysore highway it one largest parcels available for vertical in vicinityOminated by plots and individual houses birla estates plans to launcha premium residential development this is in line with other land parcels developed across the company 39s key markets commenting on new project