Noida, Birla Estates, a subsidiary of Century Textiles and Industries Ltd., part of the Aditya Birla Group, has announced a strategic co-development agreement with the LGCPL Group. The collaboration will focus on a 131-acre land parcel located in Sector 150, Noida, as per a recent exchange filing.
The proposed project will be integrated into the broader Integrated Sports City initiative and is set to feature a 50-acre golf course, along with a range of other sports facilities. This marks a notable expansion for Birla Estates, which has previously concentrated on premium and luxury residential developments in cities such as Mumbai, Bengaluru, and the National Capital Region (NCR).
The land parcel, situated along the Noida-Greater Noida Expressway and near the Yamuna Expressway, offers enhanced connectivity to Delhi and Greater Noida. In the NCR, Birla Estates has also unveiled projects in Gurugram’s sectors 31 and 71, as well as on Delhi’s Mathura Road.
As of September 2, Century Textiles and Industries Ltd’s stock traded at ₹2,322 on the National Stock Exchange, reflecting a 2.8 percent decline from the previous closing price.