About the Developer
Vardhita Properties: The Developer Behind Birla Evara
Birla Evara, a premium residential project in Bengaluru, is being developed by Vardhita Properties Private Limited, a wholly owned subsidiary of Birla Estates Private Limited (BEPL), the real estate arm of the prestigious Aditya Birla Group.
About Vardhita Properties Private Limited
Vardhita Properties was incorporated on November 13, 2018, and was previously known as Birla Century Exports Private Limited. The company plays a strategic role in expanding Birla Estates’ footprint in India’s real estate sector. With a focus on delivering thoughtfully designed, high-quality residential developments, Vardhita Properties aligns with the parent company’s vision of creating sustainable, luxurious, and modern living spaces.
Birla Evara – A Signature Project
Vardhita Properties is currently developing Birla Evara, a premium residential project located in Kodathi Village, Varthur Hobli, Bengaluru East Taluk. The project has been approved by Karnataka RERA (Real Estate Regulatory Authority) under the registration number PRM/KA/RERA/1251/446/PR/060225/007487.
Birla Evara exemplifies Birla Estates’ LifeDesigned® philosophy, which focuses on creating homes that prioritize comfort, convenience, and sustainability. With an emphasis on open spaces, natural light, and world-class amenities, the project aims to provide an enhanced living experience for homeowners.
Financial Strength and Developer’s Credibility
Vardhita Properties benefits from the strong backing of Birla Estates Private Limited. In January 2025, CARE Ratings assigned a BBB+; Stable rating to Vardhita Properties’ ₹310 crore non-convertible debenture proposal. This rating reflects:
- The strong market reputation of the Aditya Birla Group.
- The strategic location and high market potential of the project.
- The operational and financial support extended by Birla Estates.
However, the project is still in its early stages, with execution and funding risks remaining key considerations. Nonetheless, the developer’s track record, financial strength, and industry expertise position Birla Evara as a promising investment in Bengaluru’s real estate market.
Conclusion
Vardhita Properties, under the guidance of Birla Estates and the Aditya Birla Group, is set to deliver excellence with Birla Evara. The project reflects the group’s commitment to quality, transparency, and innovation, making it a highly anticipated addition to Bengaluru’s real estate landscape.