Birla Estates acquires 16.5 acre land in Pune; to build Rs 2,500 cr housing project

Birla Estates Pvt Ltd acquired a 16.5-acre land in Manjri, Pune for a housing project with a revenue potential of Rs 2,500 crore. It is a wholly-owned subsidiary of Century Textiles and Industries Ltd, part of the Aditya Birla Group. K T Jithendran, MD & CEO, stated Pune is a strategic market for them.