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 Transport

13 Oct 2025

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

Infrastructure Urban

13 Oct 2025

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

Technology

13 Oct 2025

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..