Real Estate Maharashtra

Hiranandani, Krisala Plan Rs 2,100 Cr Nagpur Township

By GeoSquare News Desk · Published 2026-11-02

Realty major Hiranandani Group, in partnership with Krisala, has unveiled plans for a large-scale township in Nagpur with an estimated investment of Rs 2,100 crore. The project is set to tap into the growing demand for quality residential and commercial spaces in Maharashtra's winter capital, driven by improved connectivity and infrastructure development.

Project Highlights

The proposed township will be developed along the Samruddhi Mahamarg, the 700-km expressway connecting Mumbai and Nagpur. This strategic location is expected to enhance accessibility and position the project as a key residential hub for the region. The development will likely include a mix of apartments, villas, and commercial establishments, catering to a wide range of buyers and investors.

Infrastructure Boost

The Samruddhi Mahamarg has already transformed Nagpur's real estate landscape, reducing travel time to Mumbai and opening up new growth corridors. The expressway, combined with the city's existing airport and railway network, makes Nagpur an attractive destination for both end-users and investors. The new township aims to leverage this connectivity to offer a self-sustained living experience.

Market Impact

This announcement is expected to further accelerate property activity in Nagpur, which has seen steady interest from developers and homebuyers alike. With the Maharashtra government's focus on infrastructure and the city's emergence as a logistics and IT hub, projects like this are likely to strengthen Nagpur's position in the state's real estate market. The development is also seen as a positive signal for the broader Maharashtra property sector.