Della, Hiranandani & Krisala unveil Rs 11 billion themed township in Pune
09 May 2025
2 Min Read
CW Team
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鈥檚 proprietary CDDMO鈩� model, the hospitality-led, design-driven project aims to deliver up to 9 per cent returns鈥攕ignificantly 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.
鈥淭his is the birth of a never-seen-before real estate model in India,鈥� said Jimmy Mistry, Founder and Chairman, Della Resorts & Adventure. 鈥淥ur CDDMO鈩� approach transforms real estate into a curated, yield-generating experience.鈥�
Commenting on the joint venture, Dr Niranjan Hiranandani, Chairman, Hiranandani Communities, said, 鈥淭his marks our group鈥檚 entry into Pune with a future-ready, integrated lifestyle ecosystem.鈥�
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鈥檚 proprietary CDDMO鈩� model, the hospitality-led, design-driven project aims to deliver up to 9 per cent returns鈥攕ignificantly 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.鈥淭his is the birth of a never-seen-before real estate model in India,鈥� said Jimmy Mistry, Founder and Chairman, Della Resorts & Adventure. 鈥淥ur CDDMO鈩� approach transforms real estate into a curated, yield-generating experience.鈥滳ommenting on the joint venture, Dr Niranjan Hiranandani, Chairman, Hiranandani Communities, said, 鈥淭his marks our group鈥檚 entry into Pune with a future-ready, integrated lifestyle ecosystem.鈥漃hase 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.
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