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<h1>Land Acquisition Signals Major Residential and Retail Development Venture with Substantial Revenue Potential at Strategic Location</h1> A real estate firm acquired 3.5 acres of land in Pune for Rs 311 crore, planning a residential and retail development with 16 lakh sq ft of residential space and a hostel. The project has a potential revenue of Rs 2500 crore, with condominium prices starting at Rs 7 crore. The company has completed over 200 residential projects and is exploring expansion into Mumbai's real estate market.