Latest News | Birla Estates FY25 Sale Bookings Double to Rs 8,000 Cr on Strong Housing Demand

New Delhi, Apr 15 (PTI) Birla Estates Pvt Ltd, Aditya Birla Real Estate arm, sold properties worth Rs 8,000 crore last fiscal, a more than two-fold jump from the preceding year.

In a regulatory filing on Tuesday, the company said its subsidiary Birla Estates has clocked its highest-ever booking value of Rs 8,000 crore for 2024-25.

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This success is underlined by Birla Arika, Gurugram (phase 1) which achieved a record-booking value of about Rs 3,100 crore for over 300 units along with multiple successful launches in its Bengaluru market in FY25.

In the last quarter of 2024-25, the company launched 5 projects across its key markets of NCR, and Bengaluru and forayed into the Pune market.

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"Our FY25 performance is a testament to our market choices, right positioning and strong brand...we are among the fastest-growing real estate developers in India.

"Over the next few years, we aim to expand our business, establishing Birla Estates among the top players in key micro-markets across Mumbai, Pune, NCR, and Bengaluru," K T Jithendran, Managing Director and Chief Executive Officer of Birla Estates, said.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)