HIRANANDANI UNICITY — New Project Coming Up in North Hinjewadi, Pune
Hiranandani Enters Pune Market with Large-Scale Township Development
Hiranandani Group, a real-estate developer, has marked its entry into the Pune market in India by announcing a joint development project with domestic company Krisala Developers. The project, with an estimated revenue potential of Rs70bn ($0.8bn), will see the creation of an integrated township in North Hinjewadi, Pune.
Scale and Structure
The company will develop a 105-acre integrated township in North Hinjewadi, Pune, in collaboration with Krisala Developers, using a 50:50 revenue-sharing model. This expansive project will feature residential, commercial, and retail spaces, developed under the integrated township policy. The proposed development will offer a mix of apartments, villa plots, branded residences, and recreational amenities.
Spanning across 105 acres of prime land in North Hinjewadi, Pune, this premium township redefines urban living with its thoughtfully designed 1, 2, 3, and 4 BHK apartments. The township is designed to provide a modern urban lifestyle with 70% open spaces, landscaped gardens, and world-class amenities like a clubhouse, swimming pool, sports courts, jogging tracks, and co-working spaces.
Unique Features and Strategic Partnerships
The project stands out for its India's first racecourse-facing apartments, integrated with a 40-acre Della Resort featuring a Polo Club and a natural quarry pond. Krisala has proudly introduced Della Group, a pioneer in experiential hospitality, to co-develop a transformative 40-acre racecourse-themed precinct within the township. This unique partnership marks the launch of the World's First Resort-Style Development in Pune, where the lines between residence, recreation, and return on investment blur into a singular, curated experience.
Location and Connectivity
Hiranandani Krisala township is strategically located near Rajiv Gandhi Infotech Park, making it an ideal choice for IT professionals. It enjoys seamless connectivity to Mumbai-Pune Expressway, Pune International Airport, and key business hubs.
Upcoming metro connectivity will make daily commutes even easier. The Upcoming Hinjawadi Ring Road will further enhance accessibility to key business hubs and lifestyle destinations, making daily travel more convenient for residents and professionals.
Developer Background
Hiranandani Group was established in 1978 by Niranjan Hiranandani and Surendra Hiranandani and is based in Mumbai, Maharashtra, India. The group is one of the largest real estate developers in India with projects across Mumbai, Bengaluru, Chennai, and Hyderabad. The Hiranandani Group pioneered the concept of developing mixed-used integrated townships model with vibrant community living its reason of existence.
The total investment for the land asset of 105 acres is valued at Rs20bn.