Krisala and Hiranandani plan golf township in Nagpur

Krisala Developers, a Pune-based developer, and Hiranandani Communities have announced a golf-course township in Nagpur. The companies put the revenue potential at about ₹2,100 crore. The announcement was made on 27 October 2026, and the project is named Krisala Hiranandani Nagpur. The site is reported to be near MIHAN, the airport and special economic zone complex on the outskirts of the city.

The township is planned with 51 plots, along with townhouses and villas. The developers describe a neo-classical design theme, green landscapes and an integrated golf course, which they say will be one of the largest in Nagpur. Reports describe it as the first golf-course township in the city. Aakash Agarwal, Managing Director of Krisala Developers, said entering Nagpur diversifies the company's geographic presence and gives it a foothold in markets with long-term growth potential.

Land, plots and prices

The land size differs between reports. One gives 100 acres, while others give 105 acres or more. Buyers should confirm the final acreage against the approved layout, since it determines how much of the site is plotted, how much is golf course and how much is open space.

Property listing pages describe plots of 1,200 to 2,400 square feet and 3 and 4 BHK villas of 2,200 to 3,500 square feet. They quote a starting price of ₹75 lakh. These listing figures have not been confirmed by the companies. The developers' own page lists a clubhouse, an infinity pool, co-working space, a sports arena, a central park, a gym and 24/7 security.

Registration and possession

No MahaRERA registration number for the Nagpur project has been publicly identified. The developers' website says the number is available on request. Listing pages disagree on whether approval is complete or still in process. Possession dates also vary. One listing says December 2027, another December 2027 to 2028, and a third December 2030. The developers' page gives March 2030. Under Maharashtra's RERA rules, a registered project carries a committed possession date, so buyers should ask for the registration number and the possession date in writing before booking anything.

The developers said the Nagpur project is being financed from internal cash generation. In an earlier collaboration, the two firms have said they sold more than 3,500 units in a single year, bringing in more than ₹3,000 crore in revenue. The firms are also developing a 105-acre integrated township in North Hinjewadi, Pune, started in February 2025 under the state's Integrated Township Policy. Its first phase covers 30 acres, with about 3 million square feet planned, an estimated ₹500 crore investment and a projected turnover of ₹2,100 crore.

Krisala was established in 2011-2012, and its first project was Krisanta Skyline in Kiwale, Pune. The company's own materials give different counts of completed projects, from 16 to 20 or more. Hiranandani Communities' Niranjan Hiranandani is listed as CMD of the company.

Connectivity and what to watch

Khapri metro station on the Orange Line is inside MIHAN and opened on 8 March 2019. Nagpur Metro has two lines, 37 stations and a total length of 38.2 kilometres. The planned Mumbai–Nagpur Expressway is described as linking MIHAN with JNPT in Mumbai. Travel time is given as seven to eight hours. Reports describe the expressway as under construction, but the material does not show its current status. Sources also disagree on where the Samruddhi Mahamarg ends: at Hingna on the Nagpur Outer Ring Road, or at Shivmadka village in Nagpur district.

Hiranandani said the group will keep expanding through integrated townships, redevelopment, joint development and joint ventures, but gave no dates. One trade commentary has flagged construction costs and interest-rate risk for investors to watch in a project of this size.

The next steps to watch are the MahaRERA registration of the Nagpur project, a sales launch date, and the first construction milestone. None of these has been announced yet.