Mumbai/Pune, 23 October 2026: Birla Estates Pvt. Ltd., a wholly owned subsidiary of Aditya Birla Real Estate Limited, has announced a significant expansion in Pune with a new premium residential project in Hinjewadi. The development, undertaken through a Joint Development Agreement, is projected to generate a revenue potential of approximately ₹1,650 crore. The project will encompass a land parcel of 5.62 acres, delivering a total saleable area of about 1.25 million square feet, and will include both residential homes and a retail component.
Hinjewadi, known as one of Pune’s most prominent IT and employment hubs, hosts the Rajiv Gandhi InfoTech Park and numerous technology companies such as Infosys, Wipro, and Tata Technologies. The project’s strategic location benefits from excellent connectivity via the Mumbai-Pune Expressway and the Mumbai-Bengaluru Highway. The upcoming Hinjewadi-Shivajinagar Metro is expected to further enhance access to central Pune. The area is well-supported by social infrastructure, including a Metro station just 500 metres away and the Grand Highstreet Mall only 200 metres from the site, alongside leading educational institutions and healthcare facilities.
Mr. KT Jithendran, Managing Director and CEO of Birla Estates, emphasised the significance of Pune as a focus market for the company’s growth plans. He noted, “Hinjewadi is one of Pune’s most active residential markets, with demand anchored by a large and growing professional workforce. This development strengthens our presence in Pune and reflects our focus on high-growth micro-markets. We intend to create a premium, thoughtfully planned community with an integrated retail offering.”
This new project adds to Birla Estates’ existing presence in Pune, which includes developments such as Birla Punya in Central Pune and Birla Evam in Manjari. The company continues to focus on high-growth residential markets across India, aiming to establish itself as a leading real estate brand. Birla Estates, part of the Aditya Birla Group, is committed to sustainability, execution excellence, customer centricity, and thoughtful design, with plans to develop world-class residential, commercial, and mixed-use properties.
Analysts view this expansion as a strategic move to capitalise on Pune’s burgeoning real estate market, driven by its status as a major IT hub and the ongoing infrastructure developments enhancing connectivity and livability in the region.
