Business Standard

Century Textiles & Industries Ltd News

Century Textiles shares gain 6% after acquiring residential land in Pune

Shares of Century Textiles soared up to 5.9 per cent at Rs 2,347 per share on the BSE in Monday's intraday deals

Century Textiles shares gain 6% after acquiring residential land in Pune
Updated On : 24 Jun 2024 | 1:55 PM IST

Century Textiles arm forms JV with Barmalt India; share price zooms 13%

Birla Estates Private Ltd, the real estate venture of Aditya Birla Group, has entered into a JV with Barmalt India Pvt Ltd for a luxury residential project in Gurugram

Century Textiles arm forms JV with Barmalt India; share price zooms 13%
Updated On : 06 Jun 2024 | 10:37 AM IST

Birla Estates-Barmalt to build 13 acres luxury housing project in Gurugram

Realty firm Birla Estates has partnered with Barmalt India to develop a luxury housing project in Gurugram with an estimated revenue of Rs 5,000 crore. Birla Estate is the real estate venture of the Aditya Birla Group and a 100 per cent wholly-owned subsidiary of Century Textiles and Industries Ltd. In a regulatory filing, Century Textiles and Industries said it has entered into a joint venture with Barmalt India Pvt Ltd for a luxury residential group housing development in Sector 31, Gurugram. The land parcel is spread across 13.27 acres with a development potential of approximately 2.4 million square feet, offering a revenue potential of approximately Rs 5,000 crore, it added. K T Jithendran, MD & CEO of Birla Estates, said, "As we expand our footprint in the Delhi-NCR region, we are pleased to announce the addition of this new project in one of Gurugram's most promising micro market".

Birla Estates-Barmalt to build 13 acres luxury housing project in Gurugram
Updated On : 05 Jun 2024 | 6:54 PM IST