Aditya Birla Real Estate eyes Rs 1,650 cr revenue from new project in Pune

Aditya Birla Real Estate Ltd will develop a housing project in Pune with an estimated revenue of Rs 1,650 crore.

In a regulatory filing on Friday, the company informed that its arm, Birla Estates, will develop a new housing project at Hinjewadi, Pune through a Joint Development Agreement (JDA).

"The project carries a total revenue potential of approximately Rs 1,650 crore," it added.


The 5.62-acre project will have a total saleable area of about 1.25 million sq ft.

Mumbai-based Aditya Birla Real Estate is one of the leading real estate developers in the country. It develops residential and commercial projects.