Real Estate

Krisala, Hiranandani to develop new township in Nagpur

By GeoSquare News Desk · Published 2026-10-28

Nagpur's real estate market is set to receive a major boost as Krisala and Hiranandani Communities have announced plans to develop a new township in the city. The collaboration aims to cater to the growing demand for quality residential and commercial spaces in Maharashtra's second capital.

Project Highlights

The township will be a large-scale, mixed-use development, featuring modern apartments, villas, and commercial zones. Designed with a focus on sustainability and community living, the project is expected to include green spaces, schools, and healthcare facilities within its premises.

Why Nagpur?

Nagpur has emerged as a key real estate destination due to its strategic location, improving infrastructure, and the upcoming metro rail network. The city's status as a major logistics and IT hub has attracted both end-users and investors, making it an ideal market for such a comprehensive township.

Market Impact

Industry experts believe this project will not only add significant supply to Nagpur's housing market but also set new benchmarks for construction quality and amenities. The development is likely to spur further investment in the surrounding areas, boosting property values and creating employment opportunities.

With this partnership, Krisala and Hiranandani Communities are reinforcing their commitment to expanding their footprint in Maharashtra. The township is expected to be developed in phases, with the first phase likely to be launched after necessary approvals.