ABRELNSEAditya Birla Real Estate LimitedMinimalNeutral
Announced Tue, 7 Apr · 15:32 IST

Press release dated April 07, 2026, titled "Press Release of Birla Estates Private Limited a Wholly Owned Subsidiary of the Company".

ABREL · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+8.6%1-day move
₹1180.50
prior close
₹1236.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+5.7+3.2+3.8+4.3+8.6+15.2+15.2+19.7+19.9+19.4+26.1+25.3+2.7+15.2
Up moveDown movePending
AI summary

Birla Estates, a wholly-owned subsidiary of Aditya Birla Real Estate Limited, has achieved bookings exceeding Rs 1,600 crores for its luxury project Birla Arika Phase 2 in Sector 31, Gurugram. Nearly 97% of residences (152 of 156 units) were sold within a month of launch, demonstrating strong buyer confidence in the brand's luxury offerings. The project features a low-density community with four exclusive clubs and is strategically located near Cyber City, Golf Course Road, and Udyog Vihar. Phase I of the same project had achieved sales of approximately Rs 3,000 crores, while Birla Pravaah in Gurugram (Sector 71) recently achieved a 24-hour post-launch sell-out with bookings exceeding Rs 1,800 crores.

Likely market impact

Strong sales performance across luxury residential projects in NCR signals robust demand for Birla Estates' offerings, which is positive for ABREL shareholders and indicates healthy growth momentum in the company's real estate portfolio.