Aditya Birla Real Estate plans ₹16.5 billion residential and retail project in Pune
1 report, 1 independent
Updated Oct 1
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What happened
Aditya Birla Real Estate Limited announced plans for a residential and retail project in Pune. The subsidiary, Birla Estates Pvt. Ltd., will develop a 5.62-acre site in Hinjewadi under a joint development agreement. The project includes premium homes and retail space, with an estimated potential revenue of ₹16.5 billion.
From econotimes.com
Why it matters
The project expands the company's presence in Pune. The site is located in Hinjewadi, an area described as an IT and employment hub, and is situated near a planned Metro station.
From econotimes.com
Who's involved
- PuneMetropolis in Maharashtra, India where the real estate project is planned