Mumbai: Birla Estates, the real estate venture of Aditya Birla Group, on Thursday said it has sold 72 apartments in the residential towers of its luxury project in the city for Rs 2,500 crore.

According to a statement, the residential tower, Silas, is part of the luxury residential project Biral Niara and the company has recorded total sales of Rs 5,400 crore from the project in central Mumbai.

Birla Estates is a wholly owned subsidiary of Century Textiles & Industries, the real estate venture of the group.

Silas owns 148 four- and five-bed hall kitchen residences in Birla Niara. According to sources, out of these 148 units, the company sold 72 apartments in the price range of Rs 30-45 crore per unit at the time of launch.

The project is conveniently located in business districts in close proximity to major infrastructure projects.

KT Jitendran, Managing Director and Chief Executive Officer of the company, said, “Silas at Birla Niara will set new benchmarks for luxury living in Mumbai. With its exquisite design and premium amenities, it promises residents a unique lifestyle experience "