PUNE: 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 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.