Birla Estates, owned by BK Birla Group, has forayed into residential real estate with the launch of its first project in Kalyan in suburban Mumbai. It has also announced plans to build realty projects in Pune, Bengaluru and the NCR, said CEO, K.T. Jithendran. The Kalyan project, named Birla Vanya, will have one-, two- and three-bedroom apartments priced between ₹43 lakh and ₹1.2 crore. The builder has already sold over 400 of the 530 units in Phase-I within three days of the launch. It will start its next project in Bengaluru spread across eight acres in the IT suburb of Whitefield. The main focus of the company will be on the residential segment.