Aditya Birla Real Estate Share Price in Focus as Birla Estates Announces ₹1,650 Crore Pune Project

Birla Estates Private Limited is expanding its residential development portfolio in Pune with a new project in Hinjewadi. The development, planned through a Joint Development Agreement, has an estimated revenue potential of ₹1,650 crore.
The project will cover 5.62 acres and include around 1.25 million square feet of saleable area. Plans include premium homes alongside a retail component.
Project Covers 5.62 Acres in Hinjewadi
The proposed development is located in Hinjewadi, a major employment centre in Pune.
The site spans approximately 22,737 square metres, with the planned saleable area extending to about 1.25 million square feet.
IT Hub and Nearby Infrastructure Support the Location
Hinjewadi is home to Rajiv Gandhi InfoTech Park and campuses of technology companies including Infosys, Wipro and Tata Technologies. The area is connected by the Mumbai-Pune Expressway and Mumbai-Bengaluru Highway.
The press release places Grand Highstreet Mall around 200 metres from the site and a metro station approximately 500 metres away.
The company says the upcoming Hinjewadi-Shivajinagar Metro is also expected to improve connectivity with central Pune.
IGBC Gold Certification Considered at Design Stage
Birla Estates said IGBC Gold certification was considered during the project's concept design stage. The announcement does not confirm that certification has been awarded.
The new project adds to the company’s existing Pune developments, Birla Punya in Central Pune and Birla Evam in Manjari.
Read More: Mahindra Logistics Share Price Falls Over 2% After Q2 FY27 Earnings Results: Total Income Up 24.6% YoY!
Aditya Birla Real Estate Share Price Performance
As of 23 October 2026, Aditya Birla Real Estate share price closed at ₹1,042.40 per share, reflecting a decline of 3.94% from the previous trading session.
Conclusion
The Hinjewadi project has an estimated revenue potential of ₹1,650 crore, with residential housing and retail planned across 5.62 acres.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Oct 24, 2026, 12:54 PM IST

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