Della Resorts Unveils ₹1,100 Cr Racecourse-Themed Mega Township in Pune
In a pioneering move for the Indian real estate sector, Della Resorts & Adventure has partnered with Hiranandani Communities and Krisala Developers to launch a racecourse-themed mega township in Pune, under its proprietary CDDMO™ model. The project, located in North Hinjewadi, carries a revenue potential of ₹1,100 crore.
Spanning 40 acres, the township blends luxury living with experiential hospitality. Key highlights include a racecourse and international polo club, private villa plots, resort residences, a 300-key five-star resort, wedding and corporate venues, adventure park, golf course, wellness facilities, and more.
The CDDMO™ model introduces a new real estate investment category, promising up to 9% ROI, and is designed to offer investors and homeowners a curated lifestyle ecosystem beyond conventional property ownership.
The visionary behind this milestone development, Jimmy Mistry, Founder and Chairman of Della Resorts and Adventure, said, "This isn’t just another township—it’s the birth of a never-seen-before real estate model in India. With our CDDMOTM approach, we’re transforming real estate from a product into an experience, and from a static asset into a dynamic, yield-generating investment. This is the first time residential real estate is offering returns that exceed traditional industry norms of 3%—breaking conventional expectations giving assured returns of upto 9% on Real Estate investments. This is the luxury future fit living, curated with precision and powered by design, innovation, and operational excellence."
Industry veteran, Dr. Niranjan Hiranandani -Chairman- Hiranandani Communities shared his view on this partnership, “The Indian real estate landscape is undergoing a paradigm shift, driven by homebuyers' rising aspirations for lifestyle-focused living in integrated, one-stop destinations. The industry must embrace trends that emphasize the seamless integration of space and services to enhance customer centricity. As the preferences of modern homebuyers continue to evolve, real estate developers are being nudged to collaborate with allied industries to create innovative ecosystems tailored to meet the needs of aspirational Indian homeowners.
Innovation and trendsetting have always been hallmarks of Hiranandani. Our strategic joint venture with Krisala Developers on a 105-acre township in North Hinjewadi, Pune, marks the Hiranandani Group's entry into Pune’s rapidly growing real estate market. Furthermore, the development management agreement with Della Group strengthens our commitment to delivering curated experiential living spaces. This collaboration aims to redefine lifestyles, enhance the value proposition for both end-users and investors, and set a new standard in the Indian real estate sector.”
Enthused about this collaboration, Sagar Agarwal, CMD, Krisala Developers said, “The 105-acre integrated township we have envisioned with Hiranandani Communities is built on the pillars of scale, sustainability, and smart urbanism. Our 40-acre collaboration with Della Townships is a natural extension of Krisala Developers’ core strength in forging strategic partnerships that elevate both vision and value. This segment will deliver multiple industry firsts in residential real estate, including premium private villa plots, signature residences, a racecourse, a resort, and an adventure park, bringing hospitality into the heart of urban living. Located in North Hinjewadi with seamless access to the Mumbai–Bangalore National Highway, the township is uniquely positioned to attract buyers and investors. Together with Della, we’re creating a destination that blends livability, aspiration, and high-value investment, setting a new benchmark new national benchmark for residential real estate.”
