Construction Industry News
The real estate division of the Aditya Birla Group, Birla Estates, headquartered under Century Textiles and Industries, stated that it has purchased 5.76 hectares of real estate in Sangamwadi, one of Pune's main business districts, to enter the residential real estate market.
The real estate company announced that Sudarshan Chemical Industries (SCIL) was the seller of the land.
This plot has a potential turnover of almost Rs 25 billion and is located in one of the most prestigious districts of Pune.
In keeping with its goal of building thoughtful LifeDesigned rooms with carefully chosen features that set new standards for contemporary living, the company plans to develop a high-end residential complex.
Birla Estates enters an exciting new phase with our expansion into Pune after being established in the MMR (Mumbai Metropolitan Region), Bengaluru and NCR (National Capital Region) markets. In line with our LifeDesigned concept, we want to develop an urban environment that meets customer needs and improves quality of life. The Pune outing is essential to our expansion strategy and our desire to be among the best developers in the country.
