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Mumbai-based Della Group is set to make a grand foray into India’s luxury real estate market with the announcement of 10 integrated township projects across the country. Spread across 1,336 acres and with a combined gross development value (GDV) of ₹18,060 crore, these projects mark one of the largest expansions in India’s luxury township sector this year. The move underscores Della Group’s evolution from hospitality and adventure parks to large-scale, high-value township developments.
The announcement confirms that Della Group to launch luxury townships projects across India, reflecting the company’s vision to redefine upscale residential living.
Project Locations: Spanning Key Cities and Hill Stations
The 10 township projects will be strategically located across India, including Thane, Kasara, Igatpuri, Goa, Nagpur, Ahmedabad, Raipur, Ranthambore, Pune, and other prime destinations.
Out of these, five projects have already been pre-launched in Pune, Nagpur, Raipur, and Goa, with a combined GDV of ₹5,800 crore. The remaining six townships, valued at ₹12,260 crore, are scheduled for launch in the coming months.
The choice of locations balances urban hubs, hill stations, and leisure destinations, catering to both residential luxury buyers and lifestyle-seeking investors.
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Asset-Light Development Model (CDDMO)
Della Group plans to develop these projects under its proprietary asset-light framework known as Conceptualisation, Design, Development, Marketing, Sales, and Operations (CDDMO).
Under this model, landowners provide land while Della Group handles conceptualisation, design, development, and marketing, earning a project-specific fee. Founder Jimmy Mistry stated that the company expects to earn roughly 15% of project GDV as fees, enabling rapid expansion while minimizing capital risk.
This model allows Della Group to scale its luxury township portfolio efficiently without heavy upfront investment in land acquisition.
Unique Theme-Based Projects
Each township project will be theme-based, offering a mix of villas, plots, hospitality, retail, adventure parks, and medical wellness facilities.
Potential themes include medical wellness communities, wildlife-focused developments, and leisure-oriented townships. This thematic approach differentiates Della Group from conventional developers, catering to high-net-worth buyers seeking experiential and lifestyle-driven residential projects.
Della Group’s Growth Journey
Founded in 1991 by Jimmy Mistry, Della Group began as a pest control company and gradually expanded into interior contracting (1993), modular office furniture (1995), and furniture manufacturing (1997).
The company ventured into real estate in 2005 and entered hospitality in 2009 with the opening of Della Resort near Lonavala. Over the years, this strategic diversification has positioned Della Group to take a commanding role in luxury township development across India.
IPO Plans and Funding Expansion
To support its ambitious expansion, Della Group has announced plans for an Initial Public Offering (IPO), potentially in 2027. The proceeds from the IPO will fund ongoing and upcoming township projects, ensuring timely execution.
Della Group to launch luxury townships projects across India backed by strategic funding, including the planned IPO, is expected to further accelerate its footprint in the luxury real estate segment.
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Market Impact and Strategic Significance
These 10 township projects are poised to significantly reshape India’s luxury township landscape. The developments are expected to generate employment opportunities, boost local real estate markets, and create upscale community living spaces.
The projects will appeal to HNI buyers, lifestyle investors, and families looking for integrated luxury communities with premium amenities. By combining residential, leisure, and wellness components, Della Group is setting new benchmarks for integrated township living in India.
Conclusion
Looking ahead, Della Group will continue its focus on theme-based luxury townships while leveraging its asset-light development model. High-value GDV projects with integrated amenities are expected to define the company’s strategy.
As Della Group to launch luxury townships projects across India, it emphasizes the company’s commitment to offering scalable, lifestyle-focused, and innovative township solutions across diverse geographies.
Ans 1. Della Group is set to launch 10 integrated luxury township projects across India, spanning 1,336 acres with a combined gross development value (GDV) of ₹18,060 crore.
Ans 2. The townships will be strategically located in Thane, Kasara, Igatpuri, Goa, Nagpur, Ahmedabad, Raipur, Ranthambore, Pune, and other prime destinations, balancing urban hubs, leisure spots, and hill stations.
Ans 3. Five projects already pre-launched in Pune, Nagpur, Raipur, and Goa have a combined GDV of ₹5,800 crore, with the remaining six projects valued at ₹12,260 crore scheduled for launch in the coming months.
Ans 4. The CDDMO model (Conceptualisation, Design, Development, Marketing, Sales, and Operations) allows Della Group to handle all aspects of township development without owning the land. Landowners provide land, and Della earns around 15% of the project GDV as fees, minimizing capital risk while enabling rapid expansion.
Ans 5. The projects will be theme-based, featuring villas, plots, hospitality, retail, adventure parks, and medical wellness facilities. Themes may include medical wellness communities, wildlife-focused developments, and leisure-oriented townships.
Ans 6. The townships are designed for high-net-worth individuals (HNIs), lifestyle investors, and families seeking integrated luxury communities with premium amenities. Prices are expected to reflect the upscale positioning and experiential features of each project.
Ans 7. Founded in 1991 by Jimmy Mistry, Della Group evolved from pest control and interior contracting to hospitality and real estate, including Della Resort in Lonavala. This diversified experience positions the company to excel in luxury township development.
Ans 8. Yes, the company has announced plans for an Initial Public Offering (IPO), potentially in 2027, which will help fund ongoing and upcoming township projects and support timely execution.
Ans 9. The townships are expected to reshape India’s luxury real estate landscape, generate employment opportunities, boost local markets, and set new benchmarks for integrated, lifestyle-focused communities.
Ans 10. Della Group will continue to focus on theme-based, high-value townships using its asset-light model. The strategy emphasizes scalable, innovative, and lifestyle-oriented projects across diverse Indian geographies.