Birla Cotton Mills, a historic establishment, is going to be moulded into luxurious residences. It will be a mixed township. This is a joint venture project. “Texmaco Infrastructure & Holdings Limited, Conscient, HDFC Capital and Hines” are the partners of this project. It is covering 10 acres of land. There will be modern and luxurious residences spanning over 3 million square feet. The estimated cost of this project is around Rs. 4,000 crores.

It is a mixed township offering residences & retail space.

Key highlights of the project

• The location is Kamlanagar, New Delhi.
• The project cost is Rs. 4,000 crores.
• The total Area Size of this project is 10 acres.
• Space allocated for housing & retail space is 30 lakh square feet.
• The developer is Birla Estates Pvt Ltd.
• Partners Involved are HDFC Capital, Hines, Texmaco Infrastructure & Holdings Limited, & Conscient.
• Amenities include a pool, landscaped gardens, 24/7 security, clubhouses and shopping marts.

Future Prospect

According to a joint statement, this venture will set a new benchmark in urban living and commercial infrastructure. However, this project will open new paths in the real estate market of India. New jobs will open during and after the completion of the project. There will be a high return on investment in this project. It will promote sustainable construction. Overall, it will change the area and will impact on the city’s real estate market positively.

How will this project change the real estate market in Delhi?

• This new addition will mitigate the growing demand for houses & retail spaces.
• Kamla Nagar area will change for good, and this will increase property values.
• It will help manage the high demands of residences.
• The overall social structure and social amenities will be enhanced.
• It will boost investment in the luxury real estate segment.
• Operational and construction jobs will be created.
• This large-scale development will enhance the economic growth of the country.

What benefits will you get as a potential investor?

• Access to premium lifestyle and amenities.
• Spacious and modern units built with strategic designs.
• Location connectivity is huge in Kamla Nagar. It is near to offices, schools, colleges and malls.
• Energy-efficient buildings, sustainable design and advanced technology.
• High Return on Investment (ROI) due to the location and quality of construction.
• Promise and support of builders like Birla Estates Pvt Ltd.
• The project transformation will add prestige and a unique legacy to the property.

The redevelopment project has the prospect of helping the growth of the real estate market of India. The developer will be able to set its footprints stronger in the city. Kamla Nagar's nearby locations will also benefit from this venture. The economic growth of New Delhi & prospects of the mixed township project are shining bright.

Birla Group Prelaunch Project is Birla Punya