Ya'll Nibbiars Birla Niyara worli. And this is developed in the part leased by the Birla from the wadias. And not from the part leased directly from the GOI. And probably a part of the profits will go towards the Wadias but can't confirm this profits sharing news. And the total area is 38 acres including the Century Mahada buildings. The Century quarters add another 10 acres but this plot has already even given to the ex employees.
And here the breakdown.
Free hold after mahada land transfers 20 acres. And where the commercial estate is being developed and will not be sold and capital will be raised from the residential sales.
Land transfered against free hold conversion 4 acres. And already building have been built by the Mahada.
Land leased from wadia on a 999 years basis 14 acres. And where the residentals project is being developed.
Land ownership transfer to the ex Century employees 10 acres. And this is being proposed for the Revdelopments.
Century offices and Century aura plot 3 acres.
Total area once part of the Century worli 51 acres.
And currently owned by the Birla Estate excluding the residential sales part 23 acres.
8 73 storey 256 meters building in the 14 acres residential areas.
12 commercial building in the 20 acres commercial areas. And out of them 6 will be 300 meters plus super tall buildings planneds.
