India, Oct. 24 -- New development marks the company's entry into Pune's high-velocity North-West growth cluster

Mumbai : Birla Estates Pvt. Ltd., a wholly owned subsidiary of Aditya Birla Real Estate and part of the Aditya Birla Group, today announced a new development in Hinjewadi, undertaken through a Joint Development Agreement (JDA). The project carries a total revenue potential of approximately Rs.1,650 crores. The development spans a land parcel of 5.62 acres (approx. 22,737.27 sq. mts.) and will deliver a total saleable area of approximately 1.25 million sq. ft. The company plans to develop a premium residential homes along with a retail component.

Located in Hinjewadi, one of Pune's most established IT and employment hubs, the pro...