Hiranandani and Krisala Unveil ₹21 Billion Nagpur Township Project
The ambitious Nagpur township will feature luxury villas, a golf course, and is set to enhance regional infrastructure.
The Nagpur township project spans 2.1 million sq ft and includes luxury amenities.
Developers aim to attract high net worth individuals with 51 ultra-luxury plots.
The first phase is expected to be completed in three years, with full development in five.
Hiranandani Communities and Krisala Developers have announced a significant real estate venture in Nagpur, planning a township valued at ₹21 billion. This project, strategically located near the Ring Road and the Samruddhi Mahamarg expressway, will encompass an area of 2.1 million square feet, featuring luxury villas, townhouses, and residential plots designed for affluent buyers.
The township will boast a 16-acre, 9-hole golf course alongside two expansive clubhouses totaling 42,000 square feet. Developers are specifically targeting high net worth and ultra-high net worth individuals, offering 51 ultra-luxury plots as part of the project. This initiative is seen as a response to the growing demand for premium residential options in the region, particularly among those seeking upscale living environments.
Currently, the project is in the planning phase, with the developers working to secure necessary approvals before registering with the Real Estate Regulatory Authority. The first phase of the development is projected to be completed within three years, while the entire project is expected to take five years to finish. This marks the second collaboration between Hiranandani and Krisala, following their announcement of a larger 105-acre integrated township in February 2025, which is estimated to be worth ₹70 billion.
The developers emphasize that the Nagpur township will contribute significantly to local employment and investment, enhancing social infrastructure in the area. Krisala Developers noted that this partnership will facilitate geographic expansion and establish a foothold in markets with promising long-term growth potential. The focus will be on developing premium and luxury properties that align with evolving preferences of homebuyers.
Looking ahead, the developers are optimistic about the project's impact on the Nagpur real estate landscape. As they move forward with obtaining approvals and finalizing plans, the upcoming phases of development are anticipated to attract significant interest from potential buyers and investors, further solidifying the region's status as a desirable location for luxury living.
