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

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Infrastructure Transport

30 May 2026

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Infrastructure Urban

30 May 2026

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..