Mumbai, February 18, 2024 – Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, has partnered with Livingstone Infra Private Limited (LS) for a cluster redevelopment project in Mahalaxmi, with a Gross Development Value (GDV) of ₹1650 Crore. Mr. Amit Kumar Sinha, Managing Director & CEO, Mahindra Lifespace Developers Ltd., said, “This development marks Mahindra Lifespaces’ strategic expansion into South Mumbai’s premium real estate market by creating residences that contribute to Mumbai’s urban renewal. The redevelopment aims to showcase cutting-edge design, sustainable elements, and premium amenities, enhancing the city’s skyline.” Located in the upscale Mahalaxmi area, the project site enjoys a prime position in one of South Mumbai’s most sought-after neighborhoods. A key advantage of the location is its exceptional connectivity, which ensures convenient access to major business districts, essential services, and leisure destinations across South Mumbai.
Founded in 1945, the Mahindra Group is one of the largest and most admired multinational federation of companies with 324,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate. The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to Rise.
Learn more about Mahindra on www.mahindra.com / Twitter and Facebook: @MahindraRise/ For updates subscribe to https://www.mahindra.com/news-room
Origins by Mahindra, Chennai is a future-ready industrial ecosystem designed for businesses that aspire to scale sustainably and competitively. Strategically located along NH-16 and key industrial corridors, it brings together world-class infrastructure, seamless connectivity, and the trust of Brand Mahindra. As Tamil Nadu’s first IGBC Platinum pre-certified industrial cluster and a joint venture with Sumitomo Corporation, Japan, Origins offers plug-and-play infrastructure, clear land titles, and an environment built for ease of doing business, supporting industries across automotive, aerospace, engineering, electronics, logistics, medical devices, and more.
Set amid a unique natural landscape of reserve forests and water bodies, Origins balances industrial growth with strong sustainability commitments, including carbon neutrality, water security, and zero waste to landfill. Backed by Tamil Nadu’s robust industrial ecosystem, skilled talent pool, and global connectivity via ports, rail, road, and air, Origins by Mahindra, Chennai is more than an industrial destination. It is a long-term growth platform where global ambition, resilient infrastructure, and responsible development come together to build for the future.
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