Della Resorts Partners with Hiranandani for Rs 11 Bn Pune Project
Real Estate

Della Resorts Partners with Hiranandani for Rs 11 Bn Pune Project

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

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

Next Story
Infrastructure Urban

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

Next Story
Real Estate

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

Next Story
Infrastructure Transport

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?