by Suman Gupta
Mumbai / Nagpur, 27th October 2026: Krisala Developers, one of the leading real estate developers in Pune and PCMC, has announced its entry into Nagpur with a Golf Lifestyle Township Project in partnership with Hiranandani Communities. Touted to be one of Central India’s finest and Nagpur’s first luxury golf course township, the project has an estimated revenue potential of approximately Rs. 2100 crore.
Envisioned as a premium lifestyle destination, the township will bring together a neo-classical design theme, expansive green landscapes and an integrated golf course-led living experience. Its golf course, envisioned as one of the largest in Nagpur, will serve as a defining feature of the development, creating a distinctive setting for premium living. The township will also feature 51 ultra-luxury plots, which are attracting interest from HNIs and UHNIs to capitalise on Nagpur’s long-term growth potential.
As Nagpur enters a defining phase of urban evolution, the township introduces a more distinguished expression of luxury, where golf-led living, expansive greens and timeless architecture converge. Conceived for those who value individuality as much as distinction, its plotted residences offer the freedom to shape a legacy on one’s own terms, complemented by an equally considered selection of townhouses and villas. In a city on the cusp of its next chapter, the development presents an opportunity to be part of a landmark destination, envisioned to stand apart for generations.
Dr. Niranjan Hiranandani, Chief Managing Director of Hiranandani Communities, said, “India’s sustained investment in multi-modal corridors and last-mile connectivity is redrawing the country’s growth map. Real estate is what turns that connectivity into economic activity. Nagpur, powered by the Samruddhi Expressway, the Metro and MIHAN, is seeing rising demand across residential, commercial, logistics and retail real estate. The sector contributes about 7% of India’s GDP and is set to become a $1 trillion market by 2030. As one of the country’s largest employers, with links to construction, manufacturing and services, it is a key engine of Viksit Bharat. We will develop the Nagpur project in association with Krisala Developers under Eleva by Hiranandani Communities, our development management platform. It will add jobs, investment and social infrastructure to the regional economy. Alongside this, we will continue to expand through integrated townships, redevelopment, joint development, and joint ventures. One size does not fit all in real estate. A diversified model helps us read each market right and grow steadily through this upcycle.”
Commenting on the development, Mr. Aakash Agarwal, Managing Director, Krisala Developers, said, “Our growth strategy is centred on building a differentiated real estate portfolio that can scale across markets while remaining anchored in quality, design and customer aspirations. The premium and luxury segments offer an opportunity to move beyond conventional housing propositions and create developments that deliver a more distinctive lifestyle experience. For Krisala, entering Nagpur is also a strategic step towards diversifying our geographic presence and building a stronger foothold in markets with long-term growth potential. We believe that combining our understanding of evolving homebuyer preferences with the development expertise of Hiranandani Communities will help us create enduring brand value and establish a platform for sustained growth in the years ahead.”
Krisala Developers continues to strengthen its presence across residential and commercial real estate. Its portfolio includes Land of Dreams project, a 105-acre township followed by a second township spanning over 100 acres within a year, alongside a 1 million sq. ft. Grade A+ commercial development. These projects reflect the company’s focus on integrated planning, lifestyle-led communities and expanding its footprint across high-growth markets.
About Krisala Developers :Krisala Developers is a Pune-based real estate developer with over 14 years of experience across residential, commercial, plotted and integrated developments. Driven by its philosophy of “Innovating Lifespaces,” Krisala combines customer insight, thoughtful design, technology and execution to create spaces that respond to evolving lifestyles and aspirations. The company has delivered 20+ projects and homes to 9,000+ families, with over 2.5 million sq. ft. developed and 10.5 million sq. ft. under development. From pioneering formats such as the +0.25 BHK to developing large-scale, lifestyle-led communities, Krisala continues to focus on innovation, quality, transparency and customer-centric development. The company is expanding its presence across emerging growth corridors, with a growing portfolio spanning residential, commercial and integrated developments.
About Eleva by Hiranandani Communities
Eleva by Hiranandani Communities is the development management vertical of the group, which pioneered mixed-use integrated townships in India in the 1980s with Hiranandani Gardens, Powai. Launched in 2023, Eleva partners with landowners and developers holding clear land titles and approvals, bringing four decades of Hiranandani experience in planning, design, construction, marketing and sales to their projects on a service-fee model. Partners gain disciplined execution and a trusted brand; homebuyers gain Hiranandani quality. Eleva’s portfolio spans Mumbai, Goa and now Nagpur, covering premium residences, villas and plotted developments.
