Della Resorts & Adventure has entered a CDDMO (Conceptualisation, Design, Development, Marketing, Sales, and Operations) model with Hiranandani Communities and Krisala Developers and is launching a racecourse-themed town in Pune with a revenue potential of R1,100 crore. Hospitality-driven, this “unlocks a new investment class in real estate with a potential to yield 9 per cent ROI”. The model ensures that value extends beyond real estate, creating a lifestyle that blends luxury, community, and hospitality with “Design, Gastronomy, Adventure & Entertainment”.
With 40 acres in North Hinjewadi, the project includes ‘an 8-acre racecourse and polo club, 128 villa plots, 112 residences, a 5-star luxury resort, 9 wedding venues, 12 corporate venues, an Extreme Adventure Park, Della Range Golf, wellness facilities, and experiential spaces, all done with signature design sensibilities’. The Contemporary Organic and British Colonial architecture is aimed at homeowners and investors who value a great lifestyle and long-term asset growth.
Jimmy Mistry, Founder and Chairman of Della Resorts and Adventure, said: “This is the birth of a never-seen-before real estate model in India. With our CDDMO 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 per cent, breaking conventional expectations and giving assured returns of up to 9 per cent on real estate. This is luxury future-fit living, curated with precision and powered by design, innovation, and operational excellence.”
A paradigm shift
Industry veteran Dr Niranjan Hiranandani, Chairman, Hiranandani Communities, said: “The Indian real estate landscape is undergoing a paradigm shift, driven by homebuyers’ rising aspirations for lifestyle-focused living in integrated, one-stop destinations…. Innovation and trendsetting have always been hallmarks of Hiranandani. Our joint venture with Krisala Developers on a 105-acre township marks the Hiranandani Group’s entry into Pune’s real estate market. Furthermore, the agreement with Della Group strengthens our commitment to delivering… experiential living spaces. This sets a new standard in the Indian real estate sector.”
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. …This segment will deliver multiple industry firsts in residential real estate, including premium villa plots, signature residences, a racecourse, a resort, and an adventure park, bringing hospitality into urban living. With access to the Mumbai–Bangalore National Highway, the township will attract buyers and investors. Together with Della, we’re creating a destination that blends liveability, aspiration, and high-value investment, setting a new national benchmark...”
The project is in advanced planning stages, with land acquisition completed and design finalisation underway. Phase 1 should launch in 3 months with possession early next year for resort and villa plots and at the end of 2026 for residences.
Krisala Developers delivers ‘quality homes with innovative construction. It has completed 2.3 million sq ft of residential and commercial projects and prides itself on transparency and consistency’.
Jimmy Mistry’s Della Group spans ‘design, hospitality, real estate, and social impact’. Renowned for pioneering experiential hospitality, Della Group includes Della Resorts, Della Adventure Park, and D.A.T.A. (Della Adventure Training Academy), the country’s first military-themed resort offering counter-terrorism training experiences. He founded the Della Leaders Club (DLC), aimed at transforming ‘lives of success into lives of significance’. With 15 chapters and 2,300 members, DLC fosters entrepreneurs, professionals, and young leaders dedicated to positive change.