Birla Estates has recently inaugurated the first phase of the Birla Trimaya project. This initial phase features a range of 1, 2, and 3BHK apartments and duplex units spanning eight towers.
Birla Estates, a Century Textiles and Industries Limited subsidiary, made an exciting announcement on September 12. They revealed their new real estate project in the Devanahalli area of Bengaluru, which holds the potential to generate a significant revenue of Rs 3,000 crore. This project, known as Birla Trimaya, has commenced its first phase, introducing various living options, including 1, 2, and 3 BHK apartments and duplexes. The development comprises eight towers near the upcoming BIAL IT Investment Region. It is an attractive option for various investors, including high-net-worth individuals and non-resident investors.
|Shettigere, Devanahalli, Bangalore
|1,2 & 3 BHK
|Rs. 50 Lakh* Onwards
|Total Land Area
|650 - 3000 Sq Ft
|Towers & BLocks
|2 Towers, 25 Floors
|September 5th 2023
|October 31st 2028
|April 31st 2028
KT Jithendran, the MD and CEO of Birla Estates, expressed his enthusiasm, especially after the remarkable success of previous projects like Birla Alokya and Birla Tisya in the Bengaluru market, which collectively garnered a booking value of around Rs 1,000 crore. With the launch of Birla Trimaya Phase 1, they estimate a potential booking value of approximately Rs 500 crore.
North Bengaluru rapidly evolves into a thriving business hub, attracting R&D, aerospace, automobile, and pharmaceutical establishments. This growth has brought in skilled professionals seeking high-value career opportunities and a luxurious lifestyle, making the Birla Trimaya project even more appealing.
The project is a joint venture with Ramaiah Realty LLP, demonstrating Birla Estates' commitment to enhancing the quality of living. This partnership allows them to expand their presence in the high-end residential real estate sector and explore new growth opportunities.
In May 2023, Birla Estates acquired a 28.6-acre land parcel in eastern Bengaluru, setting the stage for this exciting venture with a projected revenue of Rs 3,000 crore. As they continue to shape the landscape of Bengaluru's real estate market, Birla Estates remains dedicated to providing exceptional living spaces that cater to diverse investor and homeowner needs.
Birla Estates' foray into the Devanahalli area of Bengaluru with the Birla Trimaya project is a strategic move that aligns with the city's dynamic real estate landscape. Devanahalli, in particular, has witnessed significant growth and development, becoming a hotspot for real estate investment. Its proximity to the upcoming BIAL IT Investment Region further enhances its appeal, as it
The introduction of 1, 2, and 3BHK apartments, along with duplex units, across eight towers, ensures a variety of housing options catering to different preferences and needs. This diversity not only broadens the potential investor base but also caters to the changing lifestyle demands of the modern urban population.
Birla Estates' successful track record in the Bengaluru market, exemplified by previous projects that collectively achieved a booking value of around Rs 1,000 crore, underscores their expertise in understanding and meeting the demands of this thriving city. As Birla Estates continues to explore opportunities in the Bengaluru market, the acquisition signifies its long-term vision and dedication to contributing to the city's growth and offering top-notch living experiences to its residents.
With a solid foundation of past successes, innovative designs, and strategic partnerships, Birla Trimaya is poised to impact Bengaluru's real estate landscape significantly.
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