Birla Estates Plans ₹1,650 Cr Residential Development in Hinjewadi, Pune

Birla Estates has announced a new premium residential development in Hinjewadi, Pune, to be undertaken through a Joint Development Agreement. The announcement, made on 23 October 2026 in a regulatory filing, places the project's revenue potential at approximately ₹1,650 crore.

The development spans a land parcel of 5.62 acres, about 22,737.27 sq m, and is expected to offer a total saleable area of approximately 1.25 million sq ft. The plan combines premium residential homes with a retail component, a mix designed to create a self-contained neighbourhood rather than a standalone tower cluster.

Managing Director and CEO KT Jithendran said Pune remains a focus market for the company's growth plans. He noted that Hinjewadi is one of the city's most active residential markets, with demand anchored by a large and growing professional workforce. He added that the aim is to create a premium, thoughtfully planned community with an integrated retail offering.

Sustainability is built into the concept from the start. The project has been conceived with the IGBC Gold certification in mind at the concept design stage, reflecting the company's focus on well-planned, future-ready living.

The site sits in one of Pune's most established IT and employment hubs. It is close to Rajiv Gandhi InfoTech Park and the large campus base of technology companies around it, including Infosys, Wipro and Tata Technologies. Road access comes via the Mumbai-Pune Expressway and the Mumbai-Bengaluru Highway, and a Metro station lies just 500 metres away, with Grand Highstreet Mall only 200 metres from the site.

The upcoming Hinjewadi-Shivajinagar Metro is expected to further strengthen connectivity between the township and central Pune, adding to the appeal of the location for professionals and families alike.

Birla Estates, a wholly owned subsidiary of Aditya Birla Real Estate Limited, has been active in the real estate market since 2016. Its existing Pune projects include Birla Punya in Central Pune and Birla Evam in Manjri. The Hinjewadi announcement adds a significant new chapter to the company's presence in the city.

The next steps for the project are design and regulatory approvals. Buyers and followers of the developer can expect further updates as the project moves through these stages.