Aditya Birla Real Estate eyes Rs 1,650 cr revenue from new project in Pune
Aditya Birla Real Estate Ltd has announced plans to develop a housing project in Pune. This initiative will generate an estimated revenue of Rs 1,650 crore through a Joint Development Agreement. The project, located in Hinjewadi, spans 5.62 acres and features a total saleable area of approximately 1.25 million sq ft. Birla Estates, a subsidiary of Aditya Birla Real Estate, will oversee the project development.
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.(You can now subscribe to our ETMarkets WhatsApp channel)
Economic Times
