Agreement Signed for Co-Development of Land Parcel in Noida
Realty firm Birla Estates Private Ltd has announced that it has signed an agreement with the LGCPL Group to co-develop a land parcel in Noida. The land parcel, covering 131 acres, is located in Sector 150 and is subject to the necessary clearances from relevant authorities. Birla Estates, a subsidiary of Century Textiles and Industries Ltd, is the real estate venture of the Aditya Birla Group.
A New Development within Integrated Sports City
The proposed development will be situated within the Integrated Sports City in Noida and will occupy a prime location in Sector 150. This location offers easy access to Delhi, Noida, and Greater Noida due to its proximity to the Noida-Greater Noida Expressway and the Yamuna Expressway.
Amenities and Facilities
The co-developed project will feature a 50-plus acre golf course, adding to the allure of the residential development. Additionally, the development will offer international standard sports facilities, providing residents with a well-rounded and active lifestyle.
Expansion in the Real Estate Market
Noida is the latest addition to the list of project announcements made by Birla Estates. The company has recently announced new developments along Mathura Road in Delhi, as well as projects in Sector 31 and Sector 71 in Gurugram. These strategic expansions demonstrate Birla Estates’ commitment to tapping into new growth opportunities in the real estate market.
Acquisition of Prime Land in Gurugram
Just last month, Birla Estates Private made headlines with its acquisition of a prime five-acre land parcel in Sector 71, Gurugram. The newly acquired land offers immense potential for development, with a projected development area of one million square feet. This project alone is anticipated to generate revenue exceeding Rs 1,400 crore.
A Vision of Luxury and Comfort
The co-developed project in Noida’s Sector 150 will undoubtedly feature luxury high-rise residential towers, offering residents the epitome of luxury living. In addition, the development will boast an array of clubhouse amenities, complemented by lush landscaped surroundings.
With these recent project announcements and acquisitions, Birla Estates continues to make its mark in the real estate sector. As the demand for luxury housing and modern amenities continues to rise, industries and private firms are collaborating to meet the growing needs of homebuyers. Birla Estates’ partnership with the LGCPL Group on the co-development of the land parcel in Noida reflects the commitment of both companies to deliver world-class residential properties that redefine the standards of luxury and comfort.
