Birla Estates Secures ₹420 Crore Investment from IFC

Birla Estates Private Limited (BEPL), the wholly owned subsidiary of Aditya Birla Real Estate Limited (formerly Century Textiles and Industries Limited), has signed agreements for an investment from the International Finance Corporation (IFC), a World Bank Group member.

The investment, amounting to approximately USD 50 million (₹420 crore), marks a strategic partnership focused on sustainable and high-quality real estate development in India.

Project-wise Investment Breakdown

The IFC funding will be allocated across two flagship projects:

• Manjri, Pune: ₹148 crore will be invested in this project, which spans approximately 3.13 million sq. ft of saleable area.
• Thane, Maharashtra: ₹272 crore will be directed towards this development, which includes around 6.43 million sq. ft of saleable area.

These projects will be executed through Special Purpose Vehicles (SPVs) fully owned and managed by Birla Estates. Under the agreement, Birla Estates will retain a 56% economic interest, while IFC will hold the remaining 44%.

Aggressive Expansion Across Indian Markets

Birla Estates has been rapidly expanding its footprint in India’s top real estate markets. In Q4 of FY25, the company launched five projects across NCR, Bengaluru, and marked its debut in Pune. This resulted in its highest-ever quarterly sales performance.

Mr. K. T. Jithendran, MD & CEO of Birla Estates, said, "We are proud to welcome IFC as a valuable investor in our mission to reshape urban living through sustainable and high-quality real estate development. This investment validates our development philosophy and strengthens our ability to scale responsibly. With IFC’s global expertise in sustainable investments and our deep-rooted market insights, we aim to set new benchmarks in Indian real estate."

Imad N. Fakhoury, Regional Director for South Asia, IFC, stated, “Housing is a powerful driver of jobs, resilience, economic growth—and a key priority for IFC. Our partnership with Birla Estates will bridge the gap in India’s housing sector by expanding availability of and access to sustainable, high-quality housing for the country’s growing population, with a focus on first-time homeowners. The investment will create jobs, support inclusive urban development aligned with India’s net-zero ambitions, and deepen private sector participation in this critical sector.”

Also Read: Birla Estates FY25 Bookings Double to ₹8,000 Crore; 8 Launches Planned for FY26!

Conclusion

This partnership with IFC strengthens Birla Estates’ position as a premium and sustainable developer in India. It also reflects investor confidence in the company’s long-term vision and market strategy.

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