Pune: In a landmark achievement for India’s residential real estate sector, the Krisala-Hiranandani Township in North Hinjawadi has set a new national record with the allotment of more than 1,100 homes within a single day during its Phase 1 launch.
The overwhelming response, marked by a nearly three-fold oversubscription, resulted in revenue generation of ₹1,000 crore, positioning the development as one of the country’s most successful township launches to date.
Unprecedented Demand for Krisala-Hiranandani Township Phase 1
The Krisala-Hiranandani Township Phase 1 witnessed extraordinary interest, with over 3,000 families attending the massive allotment event.
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The energy at the venue reflected the rising aspiration for integrated, future-ready living spaces in Pune’s booming North Hinjawadi region.
The near 3x oversubscription underscores the strong confidence homebuyers and investors place in the legacy of Hiranandani Communities and the innovation-driven approach of Krisala Developers.
Developers confirmed that Phase 2 allotments would open soon, following the resounding success of the first phase.
Expressing gratitude, Dr Niranjan Hiranandani, Chairman of Hiranandani Communities, said the milestone represents more than just a sales record.
“This is a reflection of the trust families and investors have placed in the Krisala–Hiranandani vision. The response proves that Pune is ready for large-scale, integrated living on par with global standards.”
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Sagar Agarwal, Chairman & Managing Director of Krisala Developers, described the achievement as a proud moment for the company and homebuyers alike.
He emphasized the strong sentiment of trust among customers, many of whom viewed the purchase as both a home and a long-term investment. He assured that those who missed out on Phase 1 will soon have an opportunity in Phase 2.
Spread across 105 acres in North Hinjawadi, the Krisala-Hiranandani Township is designed as India’s first branded resort-style integrated township.
The development integrates residential, commercial, healthcare, education, hospitality, and leisure infrastructure, positioning it as one of the country’s most aspirational and future-ready addresses.
