Shares of Aditya Birla Actual Property Ltd surged 6.5% to hit the day’s excessive of Rs 1,908 on 18th March after the corporate introduced that its wholly-owned subsidiary, Birla Estates Non-public Restricted, has launched a residential challenge, Birla Punya, in Pune, with an estimated income potential of Rs 2,700 crore.
Spanning 5.76 acres in Central Pune (Sangamwadi), the challenge provides 1.6 million sq. ft. of saleable space with 1,000 luxurious flats throughout 4 towers.
Part 1 contains two towers with 500 items, providing 1 BHK to 4 BHK residences impressed by Pune’s cultural heritage and architectural model.
The challenge is well-connected to key Pune hubs, metro stations, and the Mula-Mutha Riverfront, surrounded by greenery.
It options over 50 world-class facilities, together with alfresco eating, retail areas, a riverside promenade, and eco-friendly initiatives like solar energy and rainwater harvesting.
Birla Estates is increasing in Pune, buying a 16.5-acre land parcel in Manjri and strengthening its presence in NCR and Bengaluru with initiatives like Birla Arika and Birla Evara.
At 12:44 PM, the shares of Aditya Birla Actual Property had been buying and selling 6.16% greater at Rs 1,868.20 on NSE.
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