Birla Estates Private Ltd. announced on 30th August that it has signed an agreement with the LGCPL Group to co-develop a 131-acre land parcel in Sector 150, Noida, pending approval from the concerned authorities.

Birla Estates is a fully-owned subsidiary of Century Textiles and Industries Ltd. and is the real estate arm of the Aditya Birla Group intending to co-develop a 131-acre land parcel in Sector 150, Noida in association with LGCPL Group. The proposed development is situated in the Integrated Sports City and will consist of a golf course of over 50 acres and international standard sports facilities.

The proposed site is strategically located along the Noida-Greater Noida Expressway and near the Yamuna Expressway, providing convenient access to Delhi, Noida, and Greater Noida.

This Noida project is the latest in a series of recent announcements by Birla Estates, following new developments on Mathura Road in Delhi and projects in Sector 31 and Sector 71, Gurugram.

Last month, Birla Estates Private declared the procurement of a five-acre prime piece of land at Sector 71 in Gurugram, which has been seen to have the potential for development of about one million square feet. This project will surpass the expected revenue of Rs 1,400 crore.

The development on this newly acquired land will include luxury high-rise residential towers complemented by clubhouse amenities and beautifully landscaped surroundings.

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