Della Resorts Partners with Hiranandani for Rs 11 Bn Pune Project

12 May 2025 CW Team

This unique, hospitality-driven, theme-based development introduces a new asset class in the real estate sector. According to the company, the model has the potential to deliver returns on investment (ROI) of up to 9 per cent — significantly higher than the conventional 3 per cent yields typically seen in residential real estate.

The planned township forms part of a 105-acre joint development previously announced by Hiranandani Communities and Pune-based Krisala Developers.

Jimmy Mistry, founder and chairman of Della Resorts & Adventure, stated that the CDDMO model aims to redefine real estate by transforming it from a conventional product into an immersive experience, and from a static asset into a dynamic, revenue-generating investment. He noted that for the first time, residential real estate is being positioned to offer returns that surpass traditional expectations, with assured ROI of up to 9 per cent.

Spanning 40 acres in Pune’s North Hinjewadi area, the township will feature an 8-acre racecourse and international polo club, along with 128 private villa plots, 112 resort private residences, a 300-key five-star luxury resort, nine wedding destination venues, 12 corporate and MICE venues, an extreme adventure park, the Della Range golf course, and wellness amenities. The design of the township will reflect a blend of contemporary, organic, and British colonial architectural styles.

The project is currently in the advanced stages of planning. While land acquisition has been completed and design work is underway, the first phase is set to launch within the next three months. Possession of resort and villa plots is expected early next year, while private residences are scheduled for completion by the end of 2026.

News source: Business Standard

Lonavla-based luxury experiential resort brand Della Resorts & Adventure has announced a strategic collaboration with Hiranandani Communities and Krisala Developers under its proprietary CDDMO (Conceptualisation, Design, Development, Marketing and Sales, and Operations) model. The partnership aims to launch a racecourse-themed township in Pune, projected to generate revenue of approximately Rs 11 billion. This unique, hospitality-driven, theme-based development introduces a new asset class in the real estate sector. According to the company, the model has the potential to deliver returns on investment (ROI) of up to 9 per cent — significantly higher than the conventional 3 per cent yields typically seen in residential real estate. The planned township forms part of a 105-acre joint development previously announced by Hiranandani Communities and Pune-based Krisala Developers. Jimmy Mistry, founder and chairman of Della Resorts & Adventure, stated that the CDDMO model aims to redefine real estate by transforming it from a conventional product into an immersive experience, and from a static asset into a dynamic, revenue-generating investment. He noted that for the first time, residential real estate is being positioned to offer returns that surpass traditional expectations, with assured ROI of up to 9 per cent. Spanning 40 acres in Pune’s North Hinjewadi area, the township will feature an 8-acre racecourse and international polo club, along with 128 private villa plots, 112 resort private residences, a 300-key five-star luxury resort, nine wedding destination venues, 12 corporate and MICE venues, an extreme adventure park, the Della Range golf course, and wellness amenities. The design of the township will reflect a blend of contemporary, organic, and British colonial architectural styles. The project is currently in the advanced stages of planning. While land acquisition has been completed and design work is underway, the first phase is set to launch within the next three months. Possession of resort and villa plots is expected early next year, while private residences are scheduled for completion by the end of 2026. News source: Business Standard

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Infrastructure Energy

06 Apr 2026

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Real Estate

06 Apr 2026

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..