NEW DELHI: Birla Estates, a wholly-owned subsidiary of Century Textiles and Industries, has acquired five acre land in sector 71, Gurugram.
It has a development potential of around 10 lakh sq ft and is expected to generate revenue of over Rs 1,400 crore.
In a separate regulatory filing, Hindalco informed that the board of directors have approved a proposal for sale of land situated at Kalwa, Maharashtra to Birla Estates’ wholly-owned subsidiary Ekamaya Properties for Rs 595 crore.
