📋 Tender Overview
Scope : To Develop a Premium Residential Project in Pune, Maharashtra
Sudarshan Chemical industries, a global supplier of high-end pigments, has sold its 5.76 acre plot in Pune to Birla Estates Private Limited, the real estate arm of the Aditya Birla group. The deal was concluded on 6th April.
The revenue potential of the plot is around Rs 2,500 crore, with a construction potential of about 1.5 million sq ft. The land parcel is located on Wellesley Road in Pune’s Sangamwadi area.
Advisors to the transaction included Anarock Property Consultants and Crawford Bayley & Co, a leading law firm.
Birla Estates plans to develop a premium residential project with curated amenities, setting a new benchmark in contemporary living.
Pune is one of the country’s largest residential markets and this land with a high revenue potential is located at the heart of the city
