
Pune, 30th December 2024: Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, has announced the launch of Phase 2 of its project located in Kharadi Annex, Mahindra IvyLush (previously known as Mahindra Codename Crown). This phase introduces two new towers, adding approximately 500 residential units. Mahindra IvyLush offers premium 2 & 3 BHK homes, promising an elevated living experience. The project also features a standalone premium 4 BHK tower. This launch builds on the success of Phase 1, which saw very strong sales. The project includes spacious decks, enhanced cross-ventilation, senior-friendly washrooms, and a range of other climate-responsive features. Vimalendra Singh, Chief Business Officer (Residential), Mahindra Lifespace Developers Ltd. said, “The strong response to Phase 1 reflects our customers' trust in Mahindra Lifespaces. With Phase 2, we aim to build on this success by offering innovative homes that combine functionality, comfort, and quality, further strengthening our presence in Pune. This launch reaffirms our commitment to setting new benchmarks in urban living.” Strategically located in the vibrant suburb of upscale East Pune, the project offers excellent connectivity to the Kharadi IT hub and the World Trade Center. It is also surrounded by well-developed social infrastructure, including prestigious educational institutions such as Wellington College International Pune, EuroSchool Kharadi, and Poddar International School.
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.