Birla Estates Subsidiary Enters ₹159-Crore Deal For Mumbai Development Rights In Bandra, Kandivali
Mumbai: Unnatam Properties Private Limited, a wholly owned subsidiary of Birla Estates has entered into an agreement with two Parinee group entities for development rights involving properties in Bandra and Kandivali, with the transaction carrying a consideration of Rs 159 crore, according to documents registered with the Maharashtra Department of Registration and Stamps accessed through Cre…
Birla Estates subsidiary Unnatam Properties Private Limited has entered into a ₹159 crore deal with Parinee group entities for development rights over properties in Bandra and Kandivali, according to documents registered with the Maharashtra Department of Registration and Stamps. The transaction, signed on August 6, 2026, involves land parcels in Bandra East and Kandivali and includes 8,153.40 sq m of Sale FSI from Kandivali's Slum Rehabilitation Authority project.
The agreement assigns development rights to Unnatam Properties, which will incorporate them into its Khar West redevelopment project.
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