Categories: Latest

Krisala- Hiranandani Township Sets National Record with Phase 1 Allotment: 1100+ Units Sold in a Single Day, ₹1,000 Crore Revenue Generated.

Pune, December 04, 2025: Pune’s real estate landscape witnessed a historic moment as the Krisala-Hiranandani Township in North Hinjawadi achieved what no residential development in India has ever done before. At a grand allotment event attended by over 3000 families, the township’s Phase 1 was oversubscribed nearly three times over. In just one day, more than 1,100 homes were allotted, generating ₹1,000 crore in revenue, a national record that cements the township as one of India’s most successful real estate launches.

The first phase of the project was met with extraordinary demand, recording a 3x oversubscription. The atmosphere at the venue was nothing short of electric. Families arrived with hope, anticipation, and excitement, eager to secure a home in what is already being called Pune’s most aspirational township. The overwhelming response reflects the growing aspiration for integrated, future-ready living spaces, the massive faith customers and investors have in the legacy of Hiranandani Communities, and the bold, innovation-driven vision of Krisala Developers.

With the stellar success of Phase 1, the developers have announced that the second phase of allotments will be opening soon.

Elated with the massive customer response, Dr. Niranjan Hiranandani, Chairman, Hiranandani Communities, said, “This is more than just a record; it is a reflection of the trust families and investors have placed in the Krisala-Hiranandani vision. The overwhelming response proves that Pune is ready for large-scale, integrated living on a par with global benchmarks. This township will not only redefine North Hinjawadi but also stand as one of the most iconic projects in India’s real estate story.”

Sagar Agarwal, Chairman & Managing Director, Krisala Developers, said, “The response we witnessed was overwhelming and deeply humbling. To create a national record with 1,100 homes sold in one day and ₹1,000 crore revenue generated is a proud moment not just for Krisala, but for every customer who chose to be a part of this journey. What stood out for me was the trust; people didn’t just see a home, they saw a future, an investment, and a dream worth holding on to. For those who could not be a part of Phase 1, we assure you that Phase 2 is around the corner, and you will be welcomed into this community with equal pride and care.”

The Krisala-Hiranandani Township spans 105 acres in North Hinjawadi and is designed as India’s first branded resort-style integrated township. Blending residential, commercial, healthcare, education, leisure, and hospitality, the development is poised to become one of the most aspirational addresses in India.

Corporate Comm India (CCI Newswire)

The Property Times News Bureau

Recent Posts

CREDAI Pune Launches Site Safety Audit Initiative to Strengthen Construction Site Safety

Maharashtra, July 06, 2026: Reinforcing its commitment to worker welfare and responsible construction practices, CREDAI Pune,…

7 days ago

Khazi Altaf Hussain’s “A Life in Many Frames” Honoured with TRI Literary Awards – Season 5 Nomination

Hyderabad / New Delhi, July 07, 2026: In a moment of immense pride and literary…

1 week ago

Beyond Squarefeet Strengthens Leasing Leadership with CA Himesh Vasani’s Appointment Mumbai, July 03, 2026: Beyond Squarefeet, one of India’s leading shopping mall advisory & Management firm, today announced the appointment of CA Himesh Vasani as Assistant Vice President – Leasing, reinforcing its commitment to strengthening its leadership team as it continues to expand its Mall advisory and leasing portfolio across the country. A qualified Chartered Accountant, Himesh brings over 28 years of professional experience, including an illustrious 19-year tenure with Reliance Retail, where he played a pivotal role in one of India’s largest retail expansion journeys. During his tenure, he contributed to scaling the retail network to more than 18,000 stores across multiple formats while leading key real estate acquisition, commercial, and process optimisation initiatives. Himesh is recognised for combining commercial insight with strategic execution across complex real estate projects. Throughout his career, he has led large-scale acquisition initiatives, negotiated high-value commercial transactions, and worked closely with developers, retailers, and cross-functional teams to support the expansion of retail infrastructure across India. His expertise in commercial strategy, stakeholder management, and operational excellence has consistently enabled the successful execution of complex real estate and expansion projects. In his new role at Beyond Squarefeet, Himesh will add to the leasing strategies across the company’s growing portfolio, working closely with retailers & developers to accelerate expansion goals and create long-term value for clients. His expertise in commercial negotiations, market assessment, financial evaluation, due diligence, and relationship management will further enhance Beyond Squarefeet’s ability to deliver strategic, value-driven leasing solutions. Commenting on the appointment, Susil S. Dungarwal, Chief Mall Mechanic®, Beyond Squarefeet, said: “We are delighted to welcome Himesh to Beyond Squarefeet. His extensive experience in real estate acquisitions, commercial negotiations, and retail expansion makes him a valuable addition to our team. His ability to combine commercial expertise with strategic thinking will be instrumental as we continue to build future-ready Shopping Malls and create long-term value for our developer and retail partners. We are confident that his leadership will further strengthen our leasing capabilities and support the next phase of our growth journey.” Expressing his enthusiasm on joining the Shopping Mall Specialists, CA Himesh Vasani said: “Beyond Squarefeet has built a strong reputation for delivering innovative retail-realestate solutions and creating value for developers and brands alike. I am excited to join the organisation at such an exciting phase of growth and look forward to working with the talented team to deliver impactful leasing solutions, build lasting client relationships, and contribute meaningfully to the company’s long-term vision.” The appointment reflects Beyond Squarefeet’s continued investment in experienced leadership as the company expands its presence across India’s evolving retail real estate landscape. With increasing demand for organised retail, mixed-use developments, and experiential shopping destinations, Beyond Squarefeet remains committed to delivering strategic advisory and leasing solutions that create sustainable value for developers, investors, and retail brands.

New Delhi, July 03, 2026: Beyond Squarefeet, one of India's leading shopping mall advisory &…

1 week ago

Indian REITs Association Appoints Shirish Godbole as Chairperson

Mumbai, July 02, 2026: The Indian REITs Association (IRA) today announced the  appointment of Mr. Shirish…

2 weeks ago

SCG Showcases Green Innovations and Low-Carbon Cement at Cemtech Asia 2026, Reinforcing ASEAN Leadership and Commitment to the Net Zero Pathway

Bangkok, June 29, 2026: SCG, ASEAN's leading low-carbon cement manufacturer, co-hosted Cemtech ASIA 2026, a world-class…

2 weeks ago