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New Delhi, Mar 26: Birla Estates has formed a joint venture to develop a 52-acre township in North Bengaluru with a revenue potential of Rs 3,000 crore. Birla Estates Pvt Ltd is the real estate arm of Century Textiles and Industries Ltd. The company has entered into an agreement to jointly develop a prime 52-acre land parcel in North Bengaluru with M S Ramaiah Realty LLP. “The project has a revenue potential of Rs 3,000 crore and development potential 4 […] ....
New Delhi, Feb 27: Bengaluru-based realty firm Brigade Enterprises Ltd’s sales bookings increased by 14 per cent to Rs 1,994.8 crore in the first nine months of this fiscal, mainly on the back of revival in housing demand. According to an investors presentation, the company sold properties worth Rs 1,994.8 crore during April-December period of 2021-22, as against Rs 1,749.1 crore in the corresponding period of the previous fiscal. Out of the total sales bookings, the housing segment contributed Rs […] ....
RBI's decision to keep key policy rates unchanged will lead to continuation of low interest rates on home loans and support ongoing recovery of housing demand, according to real estate developers and consultants. ....