Aditya Birla Real Estate will develop a new residential project in Pune’s Hinjewadi through its subsidiary Birla Estates, with an estimated revenue potential of around ₹1,650 crore.
Pune/New Delhi, October 23 — Aditya Birla Real Estate Ltd is set to develop a new housing project in Hinjewadi, Pune, with an estimated revenue potential of around ₹1,650 crore.
The project will be developed through the company’s real estate arm, Birla Estates, under a Joint Development Agreement (JDA).
According to the company’s regulatory filing, the project will be spread across 5.62 acres and will have a total saleable area of approximately 1.25 million square feet.
The development will strengthen Aditya Birla Real Estate’s presence in Pune, one of India’s key residential property markets, supported by demand from technology-sector employees and professionals working in and around Hinjewadi.
Hinjewadi is one of Pune’s major IT and business hubs and has seen significant residential development over the past decade.
The region’s expanding employment base, infrastructure development and demand for organised housing have made it an important location for large real estate developers.
The new project is expected to add to Birla Estates’ growing portfolio across major Indian cities.
Mumbai-based Aditya Birla Real Estate is among the country’s leading real estate developers and operates across both residential and commercial segments.
Through Birla Estates, the company has been expanding its housing portfolio by entering high-demand urban markets and securing projects through both outright land acquisitions and joint development agreements.
The ₹1,650 crore revenue potential indicates that the Hinjewadi project is expected to be a sizeable addition to the company’s development pipeline.
The project also reflects the broader trend of large branded developers increasing their presence in India’s major residential markets, where homebuyers are increasingly preferring established developers with stronger execution capabilities and organised project management.
Further details such as the project launch timeline, apartment configuration and pricing are yet to be disclosed.
