Birla Estates Marks Blockbuster Sales in Bengaluru Project

Realty firm Birla Estates has achieved significant success by selling properties worth Rs 600 crore within 24 hours of the launch of its new housing project in Bengaluru. The cumulative booking value of the project has reached Rs 1,100 crore, with an anticipated revenue potential of Rs 3,000 crore.

Birla Estates, a subsidiary of Aditya Birla Real Estate Ltd, has reported impressive sales figures for its newly launched housing project in Bengaluru, with properties worth Rs 600 crore sold within 24 hours.

In a regulatory filing, the company announced that the second phase of the Birla Trimaya project has seen nearly 95% of its inventory booked shortly after its release, bringing the cumulative booking value to approximately Rs 1,100 crore.

Located at Shettigere Road, Devanahalli in Bengaluru North, the 52-acre development is forecasted to generate a revenue potential of around Rs 3,000 crore. This success follows a first phase that saw properties worth Rs 500 crore being sold.

(With inputs from agencies.)