Aditya Birla Real Estate Fund

Aditya Birla Real Estate posts ₹15.7 crore loss amid weak Q2 sales

Revenue from operations plunged 61% YoY in Q2 FY26, while bookings and collections also declined as the company reported its second straight quarterly loss

ITC seeks CCI nod to acquire ABREL's Century pulp paper biz for ₹3,498 cr

ITC Ltd has sought the CCI's approval to acquire the pulp and paper business of Aditya Birla Real Estate Ltd (ABREL) for Rs 3,498 crore. "The proposed transaction refers to the sale of the target business (paper and pulp manufacturing business of ABREL) to the acquirer (ITC Ltd), as a going concern, in accordance with the business transfer agreement executed between the parties," according to a notice filed with the Competition Commission of India (CCI). Established in 1984 at Lalkuan (Nainital, Uttarakhand), pulp and paper undertaking Century Pulp and Paper (CPP) of ABREL is a well-established player in the Indian Paper industry with an installed capacity of 4.8 lakh metric tonnes per annum. According to ITC and ABRE, the "proposed transaction does not raise any competition concerns within the relevant markets as the market is highly competitive, and will not cause any appreciable adverse effect on competition in the relevant markets", the CCI notice said. In March, ABREL announce

Aditya Birla Real Estate Q1 loss at ₹25 crore; plans ₹1,500 crore fundraise

Aditya Birla Real Estate posted a Q1 FY26 loss of Rs 25.47 crore and will raise up to Rs 1,500 crore to refinance CPP debt and prepare for upcoming real estate launches

Q1 results today: Infosys, Dr. Reddys Lab, Bajaj Housing among 60 companies

Q1 FY26 company results: Mahindra Holidays & Resorts, Aditya Birla Real Estate, Tata Consumer Products, and Bajaj Steel will also release their April-June quarter earnings reports today

Top stock picks for today, June 9: Arkade Developers, ABREL and more

Stocks to buy: Arkade Developers, Aditya Birla Real Estate and Ujjivan Small Finance Bank are the top technical picks for Kunal Kamble of Bonanza Portfolio

TMRW, LiteStore partner to add 25,000 sq ft in retail over 18 months

The expansion includes exclusive brand outlets, multi-brand stores and premium centres, with brands like Wrogn, Bewakoof and Nobero entering offline retail presence

ABREL sells Century pulp and paper business to ITC for ₹3,498 crore

Aditya Birla Real Estate Ltd (ABREL) on Monday announced the sale of its pulp and paper business to ITC for Rs 3,498 crore as part of its strategy to focus on property business. In a regulatory filing, ABREL informed that its board approved the execution of the business transfer agreement for the divestment of pulp and paper undertaking situated in Lalkuan, Uttarakhand, by way of a slump sale to ITC Limited. "The transfer of the business will be for a lump-sum cash consideration of Rs 3,498 crore, to be paid by ITC to ABREL," the real estate firm said. The divestment of the pulp and paper undertaking is a value-unlocking exercise. "It will further enable the company to pursue growth opportunities in its core business - real estate," the statement said. Aditya Birla Real Estate Managing Director R K Dalmia said, "The divestment of the Pulp and Paper undertaking by ABREL is a strategic portfolio choice and unlocks value for the shareholders of ABREL". "The company has embarked on a

Birla Estates targets Rs 2,700 cr revenue from housing project in Pune

Birla Estates, a subsidiary of Aditya Birla Real Estate Ltd, is expecting a revenue of Rs 2,700 crore from its first housing project in Pune. In a regulatory filing, Aditya Birla Real Estate informed that its subsidiary Birla Estates has launched its first project in Pune 'Birla Punya' with an estimated revenue potential value of Rs 2,700 crore. The project is spread over 5.76 acres and will feature 1.6 million (16 lakh) sq ft of saleable area including 1,000 flats. The project will be developed in phases, with Phase 1 offering two towers and 500 units. K T Jithendran, MD & CEO of Birla Estates, said, "As Pune's real estate market continues to be on the rise, driven by its thriving IT ecosystem and strong infrastructure development, we see that there is a growing demand for premium homes." Birla Estates has projects in Mumbai, Pune, Delhi-NCR and Bengaluru.

Birla, Mitsubishi Estate ink JV to invest Rs 560 cr in new housing project

Aditya Birla Real Estate Ltd arm Birla Estates has entered into a joint venture with Mitsubishi Estate Co Ltd (MEC) and will invest Rs 560 crore to develop a housing project in Bengaluru. Birla Estates Pvt Ltd has entered a joint venture with Mitsubishi Estate Co Ltd for a Rs 560 crore investment in a residential housing development in Southeast Bengaluru through a special purpose vehicle (SPV). Under the partnership, Birla Estates and MJR Investment Pte Ltd (MIPL), an affiliate of MEC, will share 51:49 economic interest, respectively, in the SPV. The SPV will lead the development of the premium residential project, which spans 40 lakh square feet of built-up area. KT Jithendran, MD & CEO of Birla Estates, said, "We are pleased to announce our strategic collaboration with Mitsubishi Estate, marking its maiden investment in India's residential real estate sector, to develop premium residential project". Birla Estates develops premium residential housing in key markets. The company

Aditya Birla Real Estate falls 8% after posting loss in Q3; know more

Aditya Birla Real Estate share price slumped 7.84 per cent at Rs 1,820.05 a piece on the BSE in Wednesday's intraday trade

Aditya Birla Real Estate Q3 results: Revenue falls 16.7% to Rs 946.21 cr

The company incurred a loss of Rs 42.37 crore in Q3 FY25

Ahead of index inclusion, top Indian fund managers look to boost inflow

The cohort are betting on inclusion in global bond indexes to drive returns after the central bank doused speculation of an interest-rate cut

Abu Dhabi fund invests $500 mn in Kotak Investment's 13th real estate fund

With this new fund, KIAL has raised, managed or advised more than $3.3 billion under its real estate fund series

Brookfield in talks with Aditya Birla to buy its Real Estate Fund 1 assets

Bankers have approached the private equity firm, others to take over seven investments of the fund

Piramal's real estate fund seeks extension of one more year from investors

Piramal Fund Management said the fund was launched in 2013 with a primary tenure of six years, extendable by up to two additional one-year periods, by the trustee

Aditya Birla realty fund CEO Maneesh Yadav quits after 2 years at the helm

Yadav has spent over a decade in Adiya Birla Capital and he was the head for mortgage and real estate business at the firm before becoming the CEO of the real estate fund