Hiranandani Group was established in 1978 by Niranjan Hiranandani and Surendra Hiranandani and is based in Mumbai, Maharashtra. The group built its reputation on a specific thesis: acquire land at the edge of what Mumbai considered habitable, plan it comprehensively, and deliver a self-contained community that lifts the surrounding micro-market. Hiranandani Gardens Powai permanently changed what luxury residential meant in this city — the 250-acre township arrived in a part of Mumbai that was considered peripheral and made it aspirational. If Powai was the proof of concept, Hiranandani Estate Thane was the ambition fully realised — at 375 acres, one of the largest integrated townships in the Mumbai Metropolitan Region, on Ghodbunder Road, a corridor that transformed partly because Hiranandani's presence gave other developers, employers, and institutions the confidence to follow.
Kalyan is the next deliberate step in this geography. Kalyan is the one generating real buzz right now — Hiranandani Woodspring is doing something genuinely new for this market, real township living in Kalyan in an area that's grown fast but never had anything quite like this before. The move into the Bhiwandi-Kalyan corridor follows the same pattern the group has run since the mid-1980s: enter a market before it matures, set a product standard, and hold position as the address appreciates.
Hiranandani Woodspring is located near Kalyan-Bhiwandi Road, Saravali, Kalyan West, Thane. The gated community comprises three towers: Oakwood at 25 storeys, Greenwood at 25 storeys, and Bridgewood at 28 storeys. Spread across 4.5 acres with 3 towers and approximately 600 units, the project offers 1 BHK apartments of 445–461 sq ft and 2 BHK apartments of 642 sq ft in carpet area.
Rooted in refined neoclassical architecture and elevated by contemporary sensibilities, the development revives the grandeur, symmetry, and timeless elegance of the neo-classical era while adapting to modern living — a design signature that traces directly back to Surendra Hiranandani's architectural hand at Powai. The three towers offer apartments with efficient layouts, spacious balconies, and large windows; as a low-density development it emphasises exclusivity and abundant open spaces.
MahaRERA registration covers all three towers — Oakwood, Bridgewood, and Greenwood — under registration number P51700050785. Possession is targeted for December 2027.
The project includes a spa, basketball courts, a clubhouse, a jogging track, a kids' playground, a swimming pool, a senior citizen area, and more. A multipurpose play court, EV charging points, and a jogging track address the demand for both active living and practical day-to-day infrastructure. Buyers can also expect a clubhouse called Float on the 28th floor and a rooftop sky lounge looking over Agra Highway with city views. The clubhouse will include a business lounge with an expansive workspace, library, spa and salon, music room, and viewing deck.
| Detail | Particulars |
|---|---|
| Location | Saravali, Kalyan-Bhiwandi Road, Kalyan West, Thane — 421311 |
| Configuration | 1 BHK (445–461 sq ft carpet) and 2 BHK (642 sq ft carpet) |
| Towers / Floors | Oakwood (G+25), Greenwood (G+25), Bridgewood (G+28) |
| Total Units | Approx. 600 |
| Site Area | 4.5 acres |
| MahaRERA No. | P51700050785 |
| Possession | December 2027 |
Hiranandani Woodspring is located on Kalyan-Bhiwandi Road, approximately 2.5 km from Ranjnoli Junction, 15 km from Majiwada, 20 km from Mulund East, and 40 km from Mumbai's international airport. Road access covers Kalyan-Bhiwandi Road, Kalyan-Shilphata Road, the Mumbai-Nashik Motorway, Rajnoli Junction, Kalyan Railway Station, and Bhiwandi Railway Station.
The two micro-markets of Bhayandarpada on Ghodbunder Road and the Bhiwandi-Kalyan Corridor have almost similar connectivity, distance, and travel time from Thane's Majiwada, but carry a price differential of approximately 50% — making the Bhiwandi-Kalyan Corridor an attractive option for homebuyers. This is the same structural gap that existed between Powai and the rest of central Mumbai in the late 1980s, and between Ghodbunder Road and established Thane addresses in the early 2000s.
The infrastructure pipeline seals the investment case. Metro Line 5 will connect Thane to Bhiwandi and Kalyan along a 24.9 km corridor with 17 stations. The upcoming Gove Naka and Kon Gaon metro stations, the Dombivli-Mankoli bridge, and the Virar-Alibaug Multimodal Corridor will further transform connectivity in this area. The under-construction Airoli-Katai and Mankoli-Mothagao bridges are additionally set to cut commute times by 30 minutes.
The surrounding area already hosts Aventura International School, Podar International School, Don Bosco High School, Apex Hospital, Fortis Hospital, Metro Junction Mall, DMart, Carnival SM5 Multiplex, PVR Kalyan, Croma, and Reliance Fresh, among others. Fortis Hospital is approximately 10 minutes away, Aventura International School is about 4 minutes from the site, and Kalyan Railway Station is roughly 12 minutes by road.
Official registration data for the period between June 2025 and May 2026 confirms a thriving market, with 5,644 transactions totalling ₹2,240 crore. Kalyan West averages approximately ₹10,950 per sq ft at asking prices, while the registered transaction rate stands at ₹7,750 per sq ft, with a rental yield of approximately 4.18%.
Over the last five to seven years, property rates in Kalyan West have appreciated by 25% to 40%, depending on location, project type, and builder reputation. Kalyan-Dombivli has also been selected under India's Smart City Mission, bringing urban upgrades including improved roads, drainage, surveillance, and green spaces. For a branded developer entering this market, the combination of a still-affordable base price and confirmed infrastructure spending creates the same buy-ahead opportunity that characterised early Hiranandani sales in Thane.
Hiranandani Group has developed over 75 million sq ft across India. House of Hiranandani now has active residential projects in Thane, Mumbai, Kalyan, Chennai, and Hyderabad. Within the MMR specifically, the group operates across a north-to-south arc: Castalia in Hiranandani Kandivali is under construction in Mumbai; Hiranandani Estate set the benchmark on Ghodbunder Road, with Hiranandani Westgate and Belicia following in Thane; Woodspring anchors the eastern corridor in Kalyan; and Hiranandani Fortune City commands the Panvel-Navi Mumbai south. Each address covers a different commute shed and price band, yet all share the same product philosophy.
With four decades in the real estate industry, House of Hiranandani is known for developing integrated communities and operates with a philosophy of New Urbanism — developing suburban land into well-designed, sustainable communities. The group has delivered more than 20,000 homes to date. Woodspring at Saravali is sized at 4.5 acres rather than the township scales of Powai or Thane, but it carries the same design language, RERA discipline, and construction standard that have made Hiranandani addresses retain value across market cycles in the MMR.