Aditya Birla Real Estate Rises 5% After New Residential Project Launch

The price of Aditya Birla real estate shares:On Tuesday, March 18, 2025, Aditya Birla Real Estate's shares witnessed a boost, surpassing an intraday high of Rs 1,847.05, an increase of 4.81 percent. 

This spike in price came following a statement released by the company regarding acquisition of Birla Estates Private Limited which plans to launch a residential unit, 'Birla Punya,' located in Pune, estimated revenue of close to Rs 2700 crores.

The firm said on an exchange note, “Birla Estates Pvt. Ltd. – a 100 per cent owned subsidiary of Aditya Birla Real Estate Limited, has entered Pune market with its first project Birla Punya with estimated revenue potential value standing at Rs 2700 crore.”Birla Punya is centrally located in Pune (Sangamwadi) and marks the company’s first venture into the residential real estate of Pune. The project comprising 5.76 acres is expected to construct 1,000 proprietary flats, totaling 1.6 million square feet of saleable area, Aditya BIrla Real Estates stated in the press release.
The development brings together spacious and modern living accommodations and draws from Pune’s rich culture, local natural scenery, and architectural style. These luxury residences will range from one BHK, two BHK, three BHK, to four BHK flats located in four distinctively designed towers. The works will be undertaken in phases where Phase 1 will include 2 towers and 500 units, the company said.

Birla Punya is easily assessable from prime locations in Pune such as Pune International Airport, Koregaon Park and Shivaji Nagar. This allows access to the city’s active lifestyle. The development has direct access to the Mula-Mutha Riverfront and is near metro stations all while surrounded by greenery.

The project also includes over 50 world-class premium amenities that are built to enhance the living experience. The terrace retail villages will feature diner style restaurants as well as shops wrapped around a beautiful riverside promenade encouraging community interaction. Also, Birla Punya aims at sustainable living with rainwater harvesting, solar energy and efficient waste management systems, the company claimed.

Certainly, Birla Estates is further consolidating the presence in the most desirable Indian real estate regions, which is a noteworthy point. The company is primarily focusing on Pune which explains their investment into a 16.5 acre (3.1 million square foot) land parcel in Manjri, Pune last year.

The company, alongside other recent developments such as Birla Arika and Birla Evara, plans to strengthen their position in other important areas such as the National Capital Region (NCR) and Bengaluru.

Birla Estates Private Limited is a fully owned subsidiary of Aditya Birla Real Estate Limited (previously Century Textiles and Industries Limited). The firm specializes in construction of high end residential buildings in selected regions throughout India. It purchases land through outright purchases, asset-light Joint Ventures, and the development of its own land reserves.

Birla Estates has its head office in Mumbai along with regional offices in NCR, Bengaluru, and Pune. Besides these, the firm has two grade A commercial buildings in Worli, Mumbai which form part of their well established commercial portfolio and these buildings provide around 6 lakh square feet of leaseable space.

As of 10:22 AM, the share price of Aditya Birla Real Estate was trading at Rs 1,818.10 per share which is 3.17 per cent higher from the previous day. At the same time, BSE Sensex was up by 1.08 per cent trading at 74,972.81 levels.