Birla Estates announces a significant achievement with over 97% of luxury apartments from phase 2 of Birla Arika selling for approximately 160 billion Indian rupees, indicating robust demand and trust in this market sector.

Birla Estates has seen a surge in bookings, with over ₹1,600 crores for Arika Phase 2 alone within a month. The recent launch of Birla Pravaah demonstrated significant demand, garnering ₹800 crores in just 24 hours. This indicates a robust response from buyers towards the company's offerings.

Aditya Birla Real Estate is facing a significant GST demand of ₹95 lakh and a penalty of ₹73.65 lakh due to disputes over input tax credits. The company has announced plans to appeal the decision in an attempt to resolve the issue.