iconiifl-logo-icon 1
IIFL

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

  • Open Demat with exclusive Advice & Services
  • Get a dedicated Relationship Manager to help you grow your wealth
  • Exclusive advisory on 20+ trading & wealth-based investment options
  • One tap Investments, Automated trading & much more
  • Minimum 1 lakh margin required
sidebar image

Century Textiles' subsidiary acquires 10-acre land parcel in Bengaluru

23 Sept 2022 , 12:23 PM

Birla Estates Pvt. Limited, the real estate arm of Century Textiles and Industries Limited (CTIL), announced the purchase of a 10-acre property tract in Raja Rajeshwari Nagar, South Bengaluru. The project has a development potential of 1 million square feet and an estimated income of Rs900 crore.

The property tract is in a well-developed neighbourhood with easy access to the Outer Ring Road and the 10-lane Bengaluru-Mysore Highway.

Birla Estates intends to create a luxury residential complex on one of the largest land parcels available for vertical development in the area, dominated by plots and individual residences. This is consistent with the development of other land parcels by Birla Estates in the company's core markets.

Birla Estates has so far developed two projects in Bengaluru, the Birla Alokya in Whitefield and the Birla Tisya in Rajajinagar. The third project, revealed in early 2022, is an integrated mini-township in North Bengaluru. Both initiatives are scheduled to begin in the coming fiscal year.

Birla Estates currently has five residential complexes under construction in the Mumbai Metropolitan Region (MMR), Bengaluru, and the National Capital Region (NCR), with further projects planned in each of these regions.

At around 12.15 PM, Century Textiles & Industries was trading at Rs881.10 per piece, up by 0.17% from its previous closing of Rs879.60 on the BSE. The scrip touched intraday high and low of Rs909.75 and Rs876.15 respectively.

For feedback and suggestions, write to us at editorial@iifl.com

Related Tags

  • BirlaEstate
  • Century Textiles News
  • Century Textiles Real Estate
  • Century Textiles Stock
  • Century Textiles Updates
  • CenturyTextileLandAcquisition
  • CenturyTextiles
sidebar mobile

BLOGS AND PERSONAL FINANCE

Images
29 Mar 2024   |   10:14 AM
Images
28 Mar 2024   |   03:36 PM
Images
28 Mar 2024   |   03:01 PM
Images
28 Mar 2024   |   01:21 PM
Read More
Knowledge Centerplus
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Securities Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Knowledge Centerplus

Follow us on

facebooktwitterrssyoutubeinstagramlinkedin

2024, IIFL Securities Ltd. All Rights Reserved

ATTENTION INVESTORS
  • Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
  • KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
  • No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.

RISK DISCLOSURE ON DERIVATIVES
  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to Rs. 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Copyright © IIFL Securities Ltd. All rights Reserved.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

plus
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.