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The Economic Times

Economy / The Economic Times

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Birla Estates arm buys FSI from Parinee entities for Rs 159 cr

Birla Estates has successfully acquired almost 90,000 sq ft of FSI for over Rs 159 crore, a strategic move aimed at bolstering their society redevelopment efforts in Khar, Mumbai. This FSI was secured via a Slum Rehabilitation Authority scheme from Kandivali. The development rights will be transferred and applied to a larger property in Khar, enhancing the region's premium living environment.

8 Aug 2026 5:11 pm