The historic Birla Cotton Mills land parcel in Delhi is set to be redeveloped into a large residential mixed-use project. The redevelopment will include housing and retail spaces spread across nearly 30 lakh square feet.
The project will be jointly developed by multiple partners on land owned by Texmaco Infrastructure & Holdings, a company under the Saroj Kumar Poddar-led Adventz Group. The redevelopment is expected to transform the old industrial site into a modern urban residential and commercial destination.
The proposed project reflects the growing trend of redeveloping legacy industrial properties in major Indian cities to meet rising demand for housing, retail, and integrated urban spaces. Industry experts believe such mixed-use developments can improve land utilisation while boosting local infrastructure and economic activity.
Key Highlights
- Birla Cotton Mills site in Delhi to undergo redevelopment
- Project planned as a residential mixed-use development
- Around 30 lakh sq. ft. of housing and retail space proposed
- Land owned by Texmaco Infrastructure & Holdings
- Company is part of the Adventz Group led by Saroj Kumar Poddar
- Redevelopment to transform an old industrial property into an urban project
- Project expected to include residential and commercial components
- Reflects increasing focus on redevelopment projects in metro cities
Experts believe the redevelopment could significantly reshape the surrounding area while adding new residential and retail supply in the capital’s real estate market.
 Original Report Source (Published by Realty):
https://realty.economictimes.indiatimes.com
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