Krisala plans Nagpur township with Eleva by Hiranandani
The developers estimate INR 2,100 crore revenue potential for the proposed golf-led project. Eleva is participating through its development-management platform.
Krisala Developers has announced its entry into Nagpur with a proposed golf-led township to be developed in association with Eleva by Hiranandani Communities.
The companies estimate revenue potential of approximately INR 2,100 crore. That figure represents their assessment of future sales potential, rather than project investment, booked sales or revenue already earned.
The proposed development includes 51 premium plots, alongside plans for townhouses, villas and a golf course, according to the announcement.
“We will develop the Nagpur project in association with Krisala Developers under Eleva by Hiranandani Communities, our development management platform,” Niranjan Hiranandani said in the supplied statement.
The release does not disclose the site's area, project investment, launch and completion timetable or RERA registration details. Eleva's stated development-management role should not be read as confirmation of a new equity joint venture.
