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Hiranandani-Krisala Developers have announced the launch of a 105-acre integrated township in North Hinjewadi, Pune, under the Integrated Township Policy. The project will feature residential, commercial, and retail spaces, catering to a wide range of homebuyers and investors.
Phase I of the development spans 30 acres and is expected to deliver at least 3 million sq ft of real estate. With an estimated investment of ₹500 crore, the phase is projected to generate a turnover of ₹2,100 crore. It will include apartments, villa plots, branded residences, and recreational amenities to enhance the overall living experience.
The partnership leverages Krisala Developers’ local expertise and the Hiranandani Group’s extensive brand experience to ensure seamless execution, from land approvals to construction.
Niranjan Hiranandani, Chairman of Hiranandani Group, highlighted the growing real estate opportunities between Mumbai and Pune, driven by improved connectivity and an influx of skilled professionals. “Mega infrastructure projects are bridging these two major business hubs, fueling real estate growth and addressing aspirational living demands,” he said.
Aakash Agarwal, Managing Director of Krisala Developers, emphasized the project’s focus on sustainability and well-being. “This township is designed as a self-sustained ecosystem that prioritizes community living and environmental consciousness. Our collaboration with leading energy and resource institutes aims to maintain an AQI of 40, ensuring a healthier lifestyle for residents,” he stated.
The township will cater to first-time homebuyers, second-home seekers, investors, and NRIs, positioning itself as a premier residential and commercial hub in Pune.
HBL
For all enquiries please contact
Mobile:9821464666/09751178830
Mail:marketing@newsonprojects.com
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