Aditya Birla Real Estate plans Rs 1,650 crore Pune project

Aditya Birla Real Estate Ltd, an Aditya Birla Group company, will develop a Pune housing project with an estimated revenue of Rs 1,650 crore, the company said in a regulatory filing on Friday.

Its wholly owned subsidiary Birla Estates will develop the new Pune housing project at Hinjewadi through a joint development agreement (JDA), the Aditya Birla Real Estate filing said. The arm will oversee the project development. The project will come up on a 5.62-acre land parcel, or about 22,737 sq m, and offer a total saleable area of about 1.25 million sq ft, comprising premium residential homes along with a retail component.

Aditya Birla Real Estate bets on Hinjewadi IT corridor

The site sits close to the Rajiv Gandhi InfoTech Park, one of Pune's largest IT and employment hubs, with campuses of companies including Infosys, Wipro and Tata Technologies nearby. The project connects to central Pune through the Mumbai-Pune Expressway and the Mumbai-Bengaluru Highway, while the upcoming Hinjewadi-Shivajinagar Metro is expected to improve access further.

Social infrastructure around the site includes a metro station planned 500 metres away and the Grand Highstreet Mall about 200 metres away, along with schools, colleges and hospitals in the neighbourhood, a combination that supports demand in the Hinjewadi real estate micro-market. Hinjewadi is one of Pune's most established IT corridors, and the area's large professional workforce gives the project a ready base of potential buyers.

"Pune continues to be a focus market for our growth plans. 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," said KT Jithendran, Managing Director and Chief Executive Officer of Birla Estates.

Third Pune project for Aditya Birla Real Estate

The new Pune housing project adds to the Aditya Birla Real Estate footprint in Pune through Birla Punya in central Pune and Birla Evam in Manjari. The company has targeted IGBC Gold certification at the concept design stage, in line with its sustainability commitments across its portfolio. It has set the green certification goal for the project from the design stage itself.

Aditya Birla Real Estate picks the JDA route

The joint development agreement lets the developer expand in a high-growth Hinjewadi real estate micro-market while keeping capital expenditure efficient compared with outright land acquisition. The project marks Birla Estates' entry into Hinjewadi, a major employment centre in north-west Pune, and the company is now moving toward project design and regulatory approvals. The announcement came in a regulatory filing on Friday, October 23, 2026, and the development will include premium homes and a retail component, with the retail offering integrated into the residential community. The site is served by the Mumbai-Pune Expressway and the Mumbai-Bengaluru Highway, and the upcoming metro link is expected to strengthen connectivity to central Pune.

The developer is part of the Aditya Birla Group, and the Hinjewadi project extends the group's residential footprint in Pune beyond its existing central Pune and Manjari projects. The announcement was reported on October 23, 2026, and the project is expected to draw buyers from the large professional workforce working in and around the Rajiv Gandhi InfoTech Park.

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