Mr. Sohanlal K. Jain has ceased to be Independent Director of Aditya Birla Real Estate on completion of his second term of five years.Powered by Capital Market - Live

Net profit of Aditya Birla Real Estate reported to Rs 2.58 crore in the quarter ended September 2024 as against net loss of Rs 30.44 crore during the previous quarter ended September 2023. Sales rose 31.53% to Rs 1120.50 crore in the quarter ended September 2024 as against Rs 851.91 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1120.50851.91 32 OPM %7.855.77 - PBDT81.5649.57 65 PBT26.46-1.72 LP NP2.58-30.44 LP Powered by Capital Market - Live

Aditya Birla Real Estate will hold a meeting of the Board of Directors of the Company on 22 October 2024.Powered by Capital Market - Live

Birla Estates, a wholly owned subsidiary of Aditya Birla Real Estate (formerly Century Textiles and Industries) today announced that Birla Trimaya Phase II - The Park, has sold almost 95% of its inventory within 24 hours of its launch achieving an approximate booking value of about Rs 600 crore. This sales success follows the record-breaking performance of Phase I of Birla Trimaya, which secured approximately Rs 500 crore in bookings within just 36 hours of its launch. Overall, the cumulative booking value achieved till date is approx. Rs 1,100 crore and the project is anticipated to generate a revenue potential of around Rs 3,000 crore across the entire 52 acre development. Set in the prime location of Shettigere Road, Devanahalli, Bengaluru North, the project is spread across an expansive 52 acres of land parcel. Building on the success of Phase I, Birla Trimaya Phase II - The Park, presents a thoughtfully curated collection of apartments, row houses and duplex homes, catering to the diverse needs of discerning homebuyers with customised home configurations. Its strategic location, coupled with the exceptional design, represents a significant opportunity for homebuyers looking to invest in North Bengaluru's fast-growing real estate marketPowered by Capital Market - Live

Century Textiles and Industries has acquired the ownership rights of approx. 10-acre leasehold land parcel in Worli, Mumbai from Nusli Wadia. With this transaction, the existing leasehold interest of CTIL is merged with the ownership rights. The amount paid for this transaction is Rs. 1,100 crore. This acquisition in the prime location of Worli, Mumbai, will be developed through its wholly owned subsidiary, Birla Estates. Worli as a location is in the forefront of the current bullish trend in luxury real estate. Worli today is seen as a hotspot for buyers in not just South Mumbai but also beyond, reaffirming the trend of consumers seeking a curated lifestyle in premium locations. This 10-acre land parcel adds an approximate booking value potential of Rs 14000 crore to the company. It also paves the way for a gross 30-acre contiguous landholding in this prime area, with an overall booking value potential of approximately Rs 28000 crore. This includes Birla Niyaara, the flagship project of Birla Estates, launched a few years ago, which achieved great success and is one of the fastest selling Uber luxury projects in MMR, with cumulative sales of over Rs 5700 crore since its launch. Powered by Capital Market - Live

With this transaction, the existing leasehold interest of CTIL is merged with the ownership rights. The amount paid for this transaction is Rs 1,100 crore. This acquisition in the prime location of Worli, Mumbai, will be developed through its wholly owned subsidiary, Birla Estates Private. This 10 acre land parcel adds an approximately booking value potential of Rs 14,000 crore to the company. It also paves the way for a gross 30-acre contiguous landholding in this prime area, with an overall booking value potential of approximately Rs 28,000 crore. This includes Birla Niyaara, the flagship project of Birla Estates, launched a few years ago, which achieved great success and is one of the fastest selling uber luxury projects in MMR, with cumulative sales of over Rs 5,700 Crore. since its launch. Century Textiles & Industries has presence in cotton textiles, pulp & paper and real estate sectors. Century Textiles and Industries reported 47.1% decline in consolidated net profit (continuing operations) to Rs 27.94 crore in Q1 FY25 as compared with Rs 52.82 crore in Q1 FY24. Revenue from operations increased 28.36% YoY to Rs 1,139.67 crore in Q1 FY25.Powered by Capital Market - Live

Birla Estates, the real estate arm of the Aditya Birla Group and a wholly-owned subsidiary of Century Textiles & Industries, through its wholly-owned subsidiary Ekamaya Properties has acquired land from Hindalco Industries for the development of a prime land parcel on Thane-Belapur Road, Mumbai. Spread across 30.8 acres the project has a development potential of approx. 5.4 million sq. ft and is proposed to be a mixed use project. Situated just 2 kilometres from Thane Station and close to key infrastructures like Viviana Mall, Eastern Express Highway, and both the Mumbai and proposed Navi Mumbai airports, the project boasts of excellent connectivityPowered by Capital Market - Live

Century Textiles & Industries announced that Yazdi P. Dandiwala (DIN: 01055000) and Rajan A. Dalal (DIN: 00546264) ceased to be independent directors of the company with effect from 25 July 2024. Powered by Capital Market - Live