Birla Estates acquires 16.5-acre land in Pune's Manjri

Birla Estates, a 100% wholly owned subsidiary of Century Textiles and Industries, and the real estate venture of the Aditya Birla Group, has acquired 16.5-acre land parcel in Pune's Manjri locality.

The land parcel has a development potential of approx. 32 lac sq ft and an estimated revenue potential of Rs 2,500 crore, the company said in a release.

"Pune is a strategic market for us and this acquisition is a step towards our ambitious growth plans," K. T. Jithendran, MD & CEO at Birla Estates.


A part of an integrated township, the proposed development will offer a variety of residential unit configurations.

Located in the rapidly emerging micro-market of Manjri, Pune, the project is situated on the Pune-Solapur Highway with connectivity to several information technology hubs, including Kharadi, Magarpatta, and Phursungi, as well as the Hadapsar MIDC