May 6, 2024: Birla Estates, the real estate division of the Aditya Birla Group, announced on May 2, 2024, that it has achieved sales totaling Rs 5,400 crore from Birla Niyaara project located in Worli, Mumbai. This includes Rs 2,500 crore in sales specifically from the tower named ‘Silas’ within the Birla Niyaara project. Silas at Birla Niyaara offers 148 units, featuring 4- and 5-BHK residences.
The building strategically connects Mumbai’s key commercial hubs, Fort and Bandra Kurla Complex. Its advantageous location, near the upcoming Worli-Sewri connector and the new trans-harbour link, ensures swift access to the Central Business Districts. The project features three exclusive clubhouses catering to various age groups and interests: Hive -The Social Club, Playpen – The Children Clubhouse and BeFit – The Sports Club. Moreover, it is set to become India’s first LEED pre-certified Platinum Residential Project.
In addition to developing its own land parcels, Birla Estates is actively engaged in developing land parcels through outright purchases and asset-light joint ventures. Headquartered in Mumbai, the company has also established a commercial portfolio comprising two grade-A commercial buildings in Worli, Mumbai, offering a total leasable area of 6 lakh square foot (sqft).
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