In a major announcement that could redefine luxury living and real estate investment in India, Della Resorts & Adventure, in collaboration with Hiranandani Communities and Krisala Developers, has unveiled a ₹1100 crore racecourse-themed mega township in Pune. This hospitality-led, themed township marks the debut of a new real estate asset class and was introduced during a high-profile press conference held in Mumbai earlier this week.
Designed under Della’s proprietary CDDMO™ (Concept Design, Development, Management & Operations) model, the project promises investors returns of up to 9%, challenging the traditional 3–4% ROI norm in residential real estate and setting a new benchmark in experiential urban development.
A Township Built Around Experience, Not Just Infrastructure
Planned across 40 acres in North Hinjewadi, one of Pune’s most promising growth corridors, the project will feature:
- An 8-acre Racecourse & International Polo Club
- 128 private villa plots and 112 resort private residences
- A 300-room 5-star luxury resort
- 9 wedding and banqueting venues
- 12 corporate and MICE (Meetings, Incentives, Conferences & Exhibitions) destinations
- An Extreme Adventure Park, Della Range Golf, wellness centres, restaurants, and themed bars
This master-planned township is set to reflect a distinctive blend of British Colonial and Contemporary Organic architecture, designed to appeal to a new generation of investors and homeowners who place equal value on returns and lifestyle.
Speaking at the press conference, Jimmy Mistry, Founder and Chairman of Della Resorts & Adventure, called the township launch a pivotal moment for Indian real estate. “This isn’t just another township—it’s the birth of a never-seen-before real estate model in India,” said Mistry. “With our CDDMO™ approach, we’re transforming real estate from a static product into a dynamic, yield-generating experience. This is luxury, future-fit living curated with precision, and powered by design, innovation, and operational excellence.”
Mistry emphasized that the project was not just about real estate, but about creating a lifestyle ecosystem where residents can live, relax, entertain, and invest—within a self-contained urban paradise.
The initiative brings together three heavyweight players in Indian real estate. Hiranandani Communities, with decades of experience in integrated townships, and Krisala Developers, known for their innovative and scalable developments in Pune, are partnering with Della to co-create a product aimed at setting national benchmarks in luxury township design.
Dr. Niranjan Hiranandani, Chairman of Hiranandani Communities, stressed the need for lifestyle-centric development: “The Indian real estate landscape is undergoing a paradigm shift, driven by homebuyers’ rising aspirations for lifestyle-focused living in integrated, one-stop destinations. Developers today must go beyond the basics and deliver curated, high-value experiences through innovative ecosystems. Our joint venture with Krisala Developers and Della Group underscores our shared commitment to that vision.”
He also confirmed that the project forms part of a larger 105-acre township in North Hinjewadi, marking Hiranandani’s formal entry into Pune’s booming real estate market.
Hospitality Meets Smart Urbanism
The third leg of the partnership, Krisala Developers, views this township as a natural extension of its growth strategy.
“The 105-acre integrated township we’ve envisioned with Hiranandani is built on the pillars of scale, sustainability, and smart urbanism,” said Sagar Agarwal, CMD of Krisala Developers. “Our 40-acre collaboration with Della Townships introduces multiple industry-firsts—from private villas and resort residences to a racecourse and adventure park—putting hospitality at the heart of urban living.”
Agarwal also noted that the township’s proximity to the Mumbai–Bangalore National Highway makes it a highly attractive proposition for end-users and investors alike.
Timeline and Future Scope
The project is currently in advanced planning stages, with land acquisition completed and final designs underway.
- Phase I is expected to launch within the next three months
- Resort and villa plot possession is targeted for early 2026
- Private residences will be delivered by end-2026
More than just a luxury address, the developers envision this township becoming a cultural hub and a template for replication in other Indian metros.
The collaboration between Della Resorts, Hiranandani Communities, and Krisala Developers signals a new era in Indian real estate—where investment, design, and lifestyle converge to create high-performing assets. With the CDDMO™ model and experiential design at its core, the Della Racecourse Township is not just a place to live but a place to thrive.
