Krisala and Hiranandani plan a golf township at Mihan, Nagpur

Krisala Developers has announced its entry into Nagpur with a golf lifestyle township at Mihan, to be developed with Hiranandani Communities. The announcement, datelined New Delhi and dated 27 October 2026, describes the project as Nagpur's first golf course township. It gives a revenue potential of about ₹2,100 crore and is Krisala's first project in the city.

What is being built

The township will include 51 plots, along with townhouses and villas. The companies said high-net-worth and ultra-high-net-worth individuals have shown interest in the plots. The design theme is neo-classical, with green landscapes and a golf course that the companies describe as one of the largest in Nagpur.

The project's marketing material lists 3 and 4 BHK luxury villas of 2,200 to 3,500 sq ft and residential plots of 1,200 to 2,400 sq ft. A separate page lists plot sizes of 30x40, 30x50 and 30x60. Sources also differ on the land area. One report gives 100 acres, while the project material says 105 acres or more.

Prices and dates are also not consistent across the listings. One page gives a starting plot price of ₹75 lakh and a starting villa price of ₹2.5 crore. Another page says price on request. One listing gives possession between December 2027 and 2028, and another gives March 2030. The listings describe the project as pre-launch, but the announcement itself is described as a launch, and no launch date has been published.

• Revenue potential: about ₹2,100 crore, as stated in the announcement
• Plots: 51, with townhouses and villas also planned
• Land area: 100 acres in one report; 105 acres or more in project material
• Starting prices: plot ₹75 lakh and villa ₹2.5 crore on one listing; price on request on another
• Possession: December 2027 to 2028 on one listing; March 2030 on another

Approvals and funding

The material reviewed does not include a MahaRERA registration number for the Nagpur project. Registration numbers cited for the companies' Pune projects relate to those projects and do not apply to Nagpur. The companies said the Nagpur project is being funded through internal cash generation. The announcement did not disclose a transaction value or the equity split between the partners.

The Nagpur township is part of a wider plan. The two companies intend to expand their joint venture with new projects in Pune and Nagpur, targeting a total development value of ₹20,000 crore. The pipeline includes the 100-acre golf-themed township in Nagpur and a 1.1 million sq ft office project in Pune. No dates for these milestones have been given.

Krisala's own page says 2,000 units were sold across two Pune launches within two months. The company also says the two firms sold more than 3,500 units in a single year in earlier work, bringing in more than ₹3,000 crore in revenue. These are company figures and have not been independently checked.

Location and access

Mihan lies near the MIHAN SEZ, Dr Babasaheb Ambedkar International Airport and the Samruddhi Mahamarg. The Samruddhi expressway is a 701 km six-lane road between Mumbai and Nagpur, and its Nagpur end meets the Outer Ring Road at Hingna. A real-estate blog says travel time between the two cities has fallen from about 16 hours to about 8 hours. The Nagpur Metro Orange Line serves the area through New Airport and Khapri stations. A property guide lists TCS, Infosys, HCL Technologies and Tech Mahindra among employers in the region.

Two further road and rail links were cited in a blog, which is not an official schedule. These are a Pune–Aurangabad expressway by 2029 and a dedicated freight corridor from JNPT to Nagpur by 2028. Official dates for the metro and expressway projects were not found in the sources reviewed.

For buyers, the main questions are the Nagpur RERA registration, the confirmed price and the possession date. Hiranandani Communities says the project will add jobs, investment and social infrastructure to the regional economy. Investors will want to see how the companies manage construction costs and interest-rate risk on a project of this size, and when the Nagpur launch and sales begin.