Birla Estates, the real estate arm of the Aditya Birla Group has acquired 5.76 acres of land in Sangamwadi, Pune.

Economic Laws Practice assisted Birla Estates on this deal.

The transaction team consisted of Heena Chheda (Partner), Bharat Jain (Principal Associate) and Shweta Iyengar (Associate).

The company intends to develop a premium residential project on the land parcel which has a total development potential of over 1.5 million sq ft. and an estimated revenue potential of around ₹2,500 crores.

If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.