Birla Estate Expands Pune Portfolio with ₹1,650 Cr Project

Aditya Birla Real Estate Ltd announced that its wholly-owned subsidiary, Birla Estates Private Limited, has entered into a Joint Development Agreement (JDA) for a new premium residential project in Hinjewadi, Pune. The project, spanning 5.62 acres, has a total revenue potential of approximately ₹1,650 crores and will deliver about 1.25 million sq. ft. of saleable area, including a retail component. This expansion into a high-growth IT and employment hub like Hinjewadi aligns with Birla Estates' strategy to focus on high-growth micro-markets across India. The development is designed with IGBC Gold certification in mind, reflecting the company's commitment to sustainability. This new project complements Birla Estates' existing presence in Pune with Birla Punya and Birla Evam.