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Birla Estates is in advanced discussions to acquire a 10-acre site in central Noida from the Shipra Group for about ₹1,000 crore. It plans to develop a luxury residential project on the land, following a separate partnership with Sikka Group in Greater Noida.
11:01 AMEconomic Times RealtySummary
Birla Estates is in advanced discussions to acquire a 10-acre site in central Noida from the Shipra Group for about ₹1,000 crore. It plans to develop a luxury residential project on the land, following a separate partnership with Sikka Group in Greater Noida.
The proposed acquisition would give Birla Estates a major foothold in central Noida and expand
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The deal would deepen institutional developer competition in Noida’s premium housing market and commit substantial capital before construction begins.
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