+
Della, Hiranandani & Krisala unveil Rs 11 billion themed township in Pune
Real Estate

Della, Hiranandani & Krisala unveil Rs 11 billion themed township in Pune

In a first-of-its-kind initiative, Della Resorts & Adventure has partnered with Hiranandani Communities and Krisala Developers to develop a Rs 11 billion racecourse-themed township in North Hinjewadi, Pune. Based on Della’s proprietary CDDMO™ model, the hospitality-led, design-driven project aims to deliver up to 9 per cent returns—significantly higher than the typical 3 per cent in residential real estate.

Spanning 40 acres within a 105-acre master plan, the mega township will feature an 8-acre racecourse and international polo club, 128 private villa plots, 112 resort residences, a 300-key luxury resort, nine wedding venues, 12 corporate and MICE spaces, an adventure park, a golf range, and wellness amenities. The project architecture blends contemporary organic and British colonial design, targeting aspirational homeowners and yield-seeking investors.

“This is the birth of a never-seen-before real estate model in India,” said Jimmy Mistry, Founder and Chairman, Della Resorts & Adventure. “Our CDDMO™ approach transforms real estate into a curated, yield-generating experience.”

Commenting on the joint venture, Dr Niranjan Hiranandani, Chairman, Hiranandani Communities, said, “This marks our group’s entry into Pune with a future-ready, integrated lifestyle ecosystem.”

Phase 1 will launch within three months, with possession of villa and resort plots expected by early next year and private residences by end-2026. The model is intended to be replicable in other emerging metros.

In a first-of-its-kind initiative, Della Resorts & Adventure has partnered with Hiranandani Communities and Krisala Developers to develop a Rs 11 billion racecourse-themed township in North Hinjewadi, Pune. Based on Della’s proprietary CDDMO™ model, the hospitality-led, design-driven project aims to deliver up to 9 per cent returns—significantly higher than the typical 3 per cent in residential real estate.Spanning 40 acres within a 105-acre master plan, the mega township will feature an 8-acre racecourse and international polo club, 128 private villa plots, 112 resort residences, a 300-key luxury resort, nine wedding venues, 12 corporate and MICE spaces, an adventure park, a golf range, and wellness amenities. The project architecture blends contemporary organic and British colonial design, targeting aspirational homeowners and yield-seeking investors.“This is the birth of a never-seen-before real estate model in India,” said Jimmy Mistry, Founder and Chairman, Della Resorts & Adventure. “Our CDDMO™ approach transforms real estate into a curated, yield-generating experience.”Commenting on the joint venture, Dr Niranjan Hiranandani, Chairman, Hiranandani Communities, said, “This marks our group’s entry into Pune with a future-ready, integrated lifestyle ecosystem.”Phase 1 will launch within three months, with possession of villa and resort plots expected by early next year and private residences by end-2026. The model is intended to be replicable in other emerging metros.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Assam Gets Approval For 350,000 PMAY Homes

Assam Chief Minister Himanta Biswa Sarma met Union Agriculture Minister Shivraj Singh Chouhan in New Delhi, where the minister handed an approval document for 310,000 new homes under the Pradhan Mantri Awas Yojana. The chief minister subsequently posted on X expressing gratitude and noting that the minister had formally handed approval for 380,000 homes as well. The release and the social media post contained varying figures, with broader references to 350,000 homes reported in some summaries. The approvals carry central assistance equivalent to Rs 50 billion (bn), corresponding to the five th..

Next Story
Infrastructure Urban

KPIGreen Achieves Highest Energised Capacity of 630+ MW DC

KPI Green Energy energised more than 630 MW DC of capacity in the June to August quarter, marking the highest quarterly addition in the company's history. The capacity was brought online across its Independent Power Producer (IPP) and Engineering, Procurement and Construction (EPC) businesses. The company said the achievement reflected the scale, speed and consistency of its project execution engine. The firm described the quarter as a material operational milestone since its founding. The milestone covers a diversified mix of IPP assets and projects executed under the EPC vertical, spanning u..

Next Story
Infrastructure Energy

Adani Energy Solutions Wins Rs 47 bn Maharashtra Transmission Project

Adani Energy Solutions has won a transmission contract in Maharashtra valued at Rs 47 billion (Rs 47 bn) to evacuate 4,500 megawatt (MW) of renewable and storage power. The company informed exchanges that the project will facilitate pumped storage potential near Satara and strengthen the inter-regional corridor between the Western and Southern grids. The award follows a competitive bidding process and will support renewable energy evacuation to major load centres in the state. The scope includes establishment of a 765/400 kV substation at Satara, construction of a Kolhapur-Satara 765 kV double..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code