Current Date: 21 Nov, 2024

Birla Estates Secures Prime 30.8-Acre Land in Thane

Birla Estates, through its subsidiary Ekamaya Properties, has acquired a 30.8-acre land parcel from Hindalco Industries on the Thane-Belapur Road, Maharashtra. This strategic acquisition marks a significant step in the company's expansion into prime real estate.

The acquired land, located in Kalwa, Thane, is set to host a mixed-use development project with a potential build-up of approximately 5.4 million square feet. The project aims to create a vibrant space that combines residential, commercial, and retail elements, catering to the growing demand in the area.

Positioned just two kilometers from Thane station, the site offers excellent connectivity. It is close to major landmarks such as Viviana Mall, the Eastern Express Highway, and the upcoming Navi Mumbai airport, making it an attractive location for future residents and businesses alike.

Birla Estates' move aligns with its strategy to expand its footprint in key markets by developing high-value, mixed-use projects. The Thane project is expected to benefit from the area's robust infrastructure and connectivity, further enhancing its appeal.

This acquisition underscores Birla Estates' commitment to delivering premium real estate solutions in strategically located areas, contributing to the region's urban development and offering a blend of convenience and luxury.

News by Rahul Yelligetti

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Source : Projxnews