Birla Estates and Barmalt India Collaborate For Development Of Premium Residential Project In Gurugram
Birla Estates Pvt Ltd, the real estate venture of the Aditya Birla Group and a 100% wholly owned subsidiary of Century Textiles and Industries Limited, has entered into a joint venture with Barmalt India Pvt Ltd. for a luxury residential group housing development in Sector 31, Gurugram. The land is spread across 13.27 acres with a development potential of approx. 2.4 million square feet offering a revenue potential of approx. INR 5000 crore.
Located in the upscale micro market of Sector 31 Gurugram, this project boasts of exceptional connectivity to Cyber City, Golf Course Road, and Sohna Road. It’s also conveniently located close to commercial hubs such as City Centre 29, Signature Towers, 32nd Avenue and Crowne Plaza with easy connectivity via NH-48 as well as the metro line. Regarding infrastructure connectivity, the project is strategically located just off NH-48 offering quick and convenient access to the IGI Airport, Delhi & prime CBD areas of Gurugram.
With their combined expertise and resources, Birla Estates and Barmalt India are poised to deliver innovative and sustainable project that cater to the evolving needs of modern living. Leveraging cutting-edge technology, advanced construction materials, and efficient project management practices, the partners aim to set new benchmarks in urban development.
The project's strategic location in Gurugram offers immense potential for creating vibrant mixed-use spaces that seamlessly blend residential, commercial, and recreational elements. By prioritizing infrastructure, tech-driven solutions, and economic viability, the collaboration seeks to create a dynamic urban hub that fosters community engagement and enhances quality of life.
The partnership is expected to generate significant employment opportunities, spur local business growth, and contribute to the overall socio-economic development of Gurugram. As construction progresses, stakeholders anticipate a positive ripple effect on the surrounding area, including increased property values and improved civic amenities.
The collaboration between Birla Estates and Barmalt India signifies a pivotal moment in Gurugram's development trajectory. By harnessing their collective strengths and vision, the partners are committed to shaping a sustainable and inclusive urban environment that benefits residents, businesses, and the broader community.
