Pune, Dec. 4 -- Pune's real estate landscape witnessed a historic moment as the Krisala-Hiranandani Township in North Hinjawadi achieved what no residential development in India has ever done before. At a grand allotment event attended by over 3000 families, the township's Phase 1 was oversubscribed nearly three times over. In just one day, more than 1,100 homes were allotted, generating Rs.1,000 crore in revenue, a national record that cements the township as one of India's most successful real estate launches.

The first phase of the project was met with extraordinary demand, recording a 3x oversubscription. The atmosphere at the venue was nothing short of electric. Families arrived with hope, anticipation, and excitement, eager to secu...