Birla Estates to develop ₹2,500-cr housing project in Pune
Birla Estates, the real estate arm of Aditya Birla Group, has acquired a 5.76-acre land in Pune's Sangamwadi area, a central business district, for the development of a premium residential project worth ₹2,500 crore. This marks the company's entry into the Pune housing market, following its successful ventures in Mumbai Metropolitan Region, Bengaluru and NCR markets. The land parcel, bought from Sudarshan Chemical Industries Ltd (SCIL), is located in a premium location with an estimated revenue potential of ₹2,500 crore.