BIRLA EVAM — New Project Coming Up in Hadapsar Annexe (Manjri Budruk), Pune
BIRLA EVAM Enters Pune: 2,380 Homes in Hadapsar Annexe
Birla Estates, the real estate arm of the Aditya Birla Group, entered Pune in June 2024 by acquiring 16.5 acres in Manjri. The company has now announced BIRLA EVAM, its flagship residential launch for the city, positioned in Manjari, a village 4 km from Hadapsar.
Project Scope and Configuration
Birla Evam is set in Hadapsar Annexe, Off Solapur Highway, Pune East, spread over 16.5 acres as a premium development with high-rise homes surrounded by greenery and open spaces. The project comprises 2 premium towers and 1 signature tower, each rising to G+28 floors, with premium 1, 2, and 3 BHK modern apartments ranging from 517 sq ft to 1122 sq ft.
The total offering spans 2,380 units, priced from Rs 55 Lakhs all-inclusive. The project includes a 23,000 sq ft clubhouse with resort-themed lifestyle amenities, sports courts, leisure zones, and green spaces.
Regulatory Status and Timeline
The project has received RERA approval with registration number PR1261012500295. The official launch date is in July 2025, with a possession date planned for 2031 onwards.
Location and Connectivity
Hadapsar is a developed suburb in eastern Pune, Maharashtra. Since 1990, Hadapsar developed into a major industrial area and is now one of the developed areas of Pune. The site offers good connectivity to main hubs like Hadapsar, Kharadi, Magarpatta, and the Solapur Highway, with major IT hubs such as SP Infocity and Hadapsar IT Park close by.
Hadapsar is located along the Mumbai Hyderabad National Highway, also known as NH65, which also connects Pune and Solapur. Hadapsar Industrial Estate is only 9 km from Manjari Budruk, with popular IT hubs Eon IT Park and Cyber City within a 10 km radius.
About Birla Estates
Birla Estates was founded in 2016 as a subsidiary of Century Textiles and Industries Limited. Aditya Birla Real Estate Ltd (ABREL), a Birla Estates-owned firm, announced in April 2025 that its booking value for the financial year 2024–25 reached Rs 8,000 crore, with annual growth of 77% from FY2020 to FY2025, making it one of the fastest-growing real estate developer companies in India.
Birla Estates is rapidly expanding its presence in major Indian cities, including Mumbai, Bangalore, and the NCR (Gurugram, Delhi). The company has announced that it will be launching 8 projects across its key markets in Mumbai, Bangalore, Pune, and NCR by FY 2026.
Market Context
Pune has been growing rapidly in the real estate sector over the last 15 years, driven by its position as a major IT and education hub, with growth consistent year on year and IT professionals being the primary homebuyers. The average price of residential apartments rose by 10.98% in 2024, reaching an all-time high of ₹6,590 per square foot, compared to ₹5,938 per square foot in 2023. Over the last five years, housing prices have climbed by 40%.
The average price for buying apartments in Manjari Budruk is ₹6,900 per square feet, placing BIRLA EVAM's entry-level pricing competitively within the broader market context.