Hiranandani Group Projects

Hiranandani Group projects in Darumbre, Pune

Hiranandani Group's entry into Pune's western corridor

Darumbre, a village in Mawal taluka on the northern edge of Hinjewadi, is where Hiranandani Group has planted its flag in Pune. Krisala Developers and Hiranandani Group announced a 105-acre integrated township in North Hinjawadi, one of the largest collaborative developments in Pune's west. For a group that built its name on marquee addresses in Mumbai, Thane, and Chennai, this is a deliberate, large-format move rather than a small infill launch, and Darumbre is the specific ground on which it is being executed.

A four-decade township playbook, now applied to North Hinjewadi

Hiranandani Group is a diversified conglomerate that was established in 1978 by Niranjan Hiranandani and Surendra Hiranandani and is based in Mumbai, Maharashtra, India. The defining contribution of Hiranandani Group to Indian real estate is the integrated township model; the group's flagship development, Hiranandani Gardens in Powai, converted marshy, underdeveloped land in Mumbai into a 250-acre mixed-use enclave housing thousands of residents alongside IT offices, schools, hospitals, hotels, and retail. That template was subsequently replicated at Hiranandani Estate on Ghodbunder Road in Thane across 375 acres, at Hiranandani Fortune City in Panvel in Navi Mumbai, and at Hiranandani Parks in Oragadam, Chennai, spread across 120 acres along the OMR. Across more than four decades and over 2,000 acres of developed land, the group has delivered upward of 25,000 homes and developed approximately 45.82 million square feet of residential and commercial space. The Darumbre township is the group's attempt to apply that same self-sufficient-community logic to Pune's IT corridor for the first time at scale.

The model extends beyond housing. Hiranandani Education has nurtured over 95,000 students through ICSE, ISC, and IB-curriculum schools in Powai, Thane, and Chennai, and Hiranandani Healthcare operates NABH-accredited multi-specialty hospitals in Powai and Thane. Buyers evaluating the Darumbre address are, in effect, buying into a developer whose Mumbai and Thane townships are already reference points for schools and hospitals built alongside residences rather than added later.

Why a Mumbai-and-Thane developer chose Darumbre

The Hiranandani-Krisala plot sits close to the Hinjewadi IT belt rather than inside it. The project location near Ghatol's Farm Road, Darumbre, Hinjewadi, Pune places it close to Vasundhara Hospital at 1.2 km, Chandkhed at 2.8 km, and Kasarsai Dam at 3 km. More important for a long-term township bet is the road and transit map around it: local listings note the belt is close to Hinjawadi Rajiv Gandhi Infotech Park, just 1 km from the Pune Ring Road, and situated roughly five kilometres from an upcoming metro station. That IT park is not a marginal employment pocket — Rajiv Gandhi Infotech Park spans roughly 2,800 acres in western Pune, hosts 800+ companies, and sees roughly 4.5 lakh professionals daily across three phases. The transit picture is also firming up: Pune Metro Line 3, the elevated Hinjewadi-Shivajinagar corridor being built by PMRDA in partnership with Tata Group and Siemens, is 23 km long, fully elevated, with 23 stations, and connects the Phase 3 terminus to Shivajinagar Civil Court. Partial operations are expected in April 2026 per PMRDA's latest project update. A developer accustomed to building townships around institutional anchors — Powai's IT offices, Thane's Ghodbunder Road corridor — would read this combination of a 2,800-acre employment base, a ring road, and an incoming metro line as the same kind of structural setup it has built around before.

What the township looks like on the ground

The Hiranandani-Krisala development in Darumbre is structured as a large, low-density master plan rather than a single tower cluster. The project offers abundant open space, with only 5 towers planned across a 6.30-acre land parcel within the wider township, positioned so that no apartments face each other. Within the broader 105-acre township, the residential component spans configurations from compact apartments to villas and plots. One phase of the development, marketed as Hiranandani Everland, illustrates the scale: the project features 5 high-rise towers with a total of 1,100 well-planned homes, offering 2 BHK, 3 BHK and 4 BHK apartments ranging from 750 sq. ft to 1,860 sq. ft, with prices starting from ₹75.99 lakh. Another registered phase, Hiranandani Unicity, spans a 105-acre land parcel comprising 1, 2, and 3 BHK apartments, villas, plots and retail spaces and is officially registered under P52100025006. This is consistent with how the group has historically sequenced its townships — residential towers, plotted development, and commercial and retail space rolled out in phases across one large parcel, rather than a single standalone building.

Where Darumbre sits in the local price curve

Darumbre remains priced below the more built-out pockets of Hinjewadi and Wakad, which is part of its appeal for a large-format entrant. The average price of a 2 BHK in Darumbre is around Rs 83.73 lakh at an average rate of Rs 10,893.8 per sq. ft, with the average rate across projects in the locality at roughly Rs 11,095 per sq. ft. That compares against a broader Hinjewadi corridor where, per phase, per-square-foot rates range from approximately ₹5,500 to ₹9,500 depending on the project and phase, with 2 BHK apartments typically costing between ₹55 lakh and ₹1.1 crore. Analysts tracking the wider Hinjewadi catchment attribute pricing momentum to the same drivers relevant here: consistent IT employment demand, ongoing infrastructure improvements including the metro, and steady property appreciation of 8% to 12% annually.

The Krisala partnership behind the scale

Hiranandani's Pune debut is structured as a joint venture rather than a solo entry, and the partner matters to the story. Krisala Developers, founded by Sagar Agarwal in 2011, has over 10 million sq. ft. of area under development across integrated townships, plotted developments, redevelopment, residential, and commercial projects. Over the last decade, Krisala has been among the first developers to enter and uplift high-potential zones like Tathawade, Punawale, and Ravet, long before they became the hotspots they are today. The pairing of a Pune-focused developer with local land and execution experience and a Mumbai-origin group with four decades of township design is the specific combination that has made the 105-acre Darumbre parcel possible at this scale.

Frequently Asked Questions

Why has Hiranandani Group chosen Darumbre in North Hinjewadi for its Pune entry?+
Hiranandani Group entered Pune through a joint venture with Krisala Developers to build a 105-acre integrated township in North Hinjewadi's Darumbre belt, close to the Rajiv Gandhi Infotech Park, the Pune Ring Road, and the upcoming Hinjewadi-Shivajinagar metro line, mirroring the employment-anchored township model the group has used in Powai and Thane.
What is Hiranandani Group's track record before this Pune project?+
Founded in 1978 by Niranjan and Surendra Hiranandani, the group pioneered India's integrated township model with Hiranandani Gardens in Powai (250 acres), Hiranandani Estate in Thane (375 acres), and townships in Panvel and Chennai, delivering over 25,000 homes across more than four decades.
What configurations and price range does Hiranandani offer in Darumbre?+
The township includes 2, 3 and 4 BHK apartments, villas and plots, with one phase (Hiranandani Everland) offering homes from 750 to 1,860 sq. ft. starting around ₹75.99 lakh.
How well connected is Darumbre to the Hinjewadi IT hubs?+
Darumbre sits roughly a kilometre from the Pune Ring Road and close to the Rajiv Gandhi Infotech Park, which employs about 4.5 lakh professionals across 800+ companies, with the under-construction Pune Metro Line 3 (Hinjewadi-Shivajinagar) passing nearby.
How do Darumbre property prices compare to the rest of Hinjewadi?+
Darumbre currently averages around Rs 10,900-11,100 per sq. ft., with a typical 2 BHK priced near Rs 83.73 lakh, positioning it below more built-out Hinjewadi pockets where rates run higher depending on phase and project.
Who is Hiranandani Group's partner for this Darumbre township, and why does it matter?+
The township is a joint development with Krisala Developers, a Pune-based builder founded in 2011 with over 10 million sq. ft. under development, whose local land-acquisition and execution experience in nearby Tathawade, Punawale and Ravet corridors complements Hiranandani's township design expertise.
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