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Mahindra Lifespaces launches Codename Sanctum at Mahindra Citadel, with limited 2 & 3 BHK residences on offer
Pune, 19 th May 2026 – Mahindra Lifespace Developers Limited, the real estate and infrastructure development arm of the Mahindra Group, has announced the launch of a new phase at Mahindra Citadel, an expansive residential development spread across approximately 9.66 acres in Pimpri-Chinchwad, Pune with a Gross Development Value (GDV) of nearly ₹2,500 crore. This phase comprises Towers E, F & G, introducing premium 2 and 3 BHK residences thoughtfully designed to elevate modern urban living. The GDV for this phase is expected to be ~800-850 crore.
Vimalendra Singh, Chief Business Officer (Residential), Mahindra Lifespace Developers Ltd. said, “Mahindra Citadel has emerged as a strong contributor to our Pune portfolio, reflecting sustained demand for premium residences in well-developed urban corridors. With Codename Sanctum, we are launching a limited inventory of 2 and 3 BHK homes that combine space efficiency, modern design, and ample nature within the development. Pune continues to be a strategically important market for us, driven by infrastructure-led growth and a strong end-user driven housing market.”
The residences feature expansive terrace-style decks, views of the Military Farms, creating a sense of openness and tranquillity within a well-connected urban setting. The homes are designed to maximise natural light, ventilation, and spatial comfort, catering to the evolving preferences of modern homebuyers.
The new phase reflects Mahindra Lifespaces’ commitment to sustainability and thoughtful urban development, offering 30+ premium amenities curated to promote wellness, recreation, and community living. Key highlights include a half Olympic-size swimming pool, indoor community hall, and two badminton courts, alongside multiple lifestyle amenities designed to foster a balanced and vibrant lifestyle.
Positioned along the Old Mumbai–Pune Highway, the development enjoys strong connectivity through the adjoining metro station, with convenient access to key transit corridors across Pune.
Mahindra Lifespaces launches ‘Mahindra BeaconHill’ in Mahalaxmi, an ultra- premium Residential Tower in South Mumbai
Mumbai, 06th May 2026 – Mahindra Lifespace Developers Limited, the real estate and infrastructure development arm of the Mahindra Group, today announced the launch of an ultra-premium residential development Mahindra BeaconHill, in the coveted enclave of Mahalaxmi, South Mumbai. With potential GDV of approx. ₹1,650 crore, the development marks a defining addition to the city’s most exclusive residential landscape.
Set across ~1.68 acres, Mahindra BeaconHill rises as a standalone 58-storey architectural landmark, envisioned for a select few who value privacy, scale, and exclusivity. The project comprises 198 expansive residences, offering impeccably designed 3, 3.5, and 4 BHK homes crafted for discerning homebuyers, seeking a prestigious South Mumbai address. The residences are thoughtfully planned to maximise natural light and cross ventilation, while offering expansive layouts, decks and panoramic views of the sea, the iconic Mahalaxmi Racecourse, and Mumbai’s skyline.
Rooted in Mahindra Lifespaces’ commitment to sustainable and future-ready development, the project integrates thoughtful design with environmental sensitivity. With over 32,000 sq. ft. of curated amenities, including, a first-of-its-kind simulated golf & bicycle experience and a signature rooftop lounge offering panoramic views of the city and sea, this development is designed to deliver a holistic experience-led lifestyle.
Commenting on the launch, Vimalendra Singh, Chief Business Officer – Residential, Mahindra Lifespace Developers Limited, said, “Mahindra BeaconHill marks our return to South Mumbai, a market that has always valued quality and long-term value. There has been strong demand for a trusted and credible brand like Mahindra Lifespaces in the region, and this development underscores our commitment to delivering homes that combine thoughtful design, exclusivity, and lasting relevance. Today’s discerning homebuyers seek modern homes, privacy, and environments that elevate everyday living. With Mahindra BeaconHill, we are catering to this shift through a low-density, design-led offering crafted for a select few.”
Located in South Mumbai, Mahindra BeaconHill benefits from its central location within one of Mumbai’s most prestigious residential districts, offering proximity to key business hubs, premium social infrastructure, and cultural landmarks. Mahindra BeaconHill is set to be a new benchmark for an elevated lifestyle in South Mumbai bringing together exclusivity, location advantage, and Mahindra’s trusted legacy into a singular residential offering.
Mahindra World City Jaipur Hosts Half Marathon, Bringing Jaipur’s Running Community Together
Jaipur, 30th March 2026: Mahindra World City Jaipur Ltd. (‘MWC Jaipur’), a joint venture between Mahindra Lifespace Developers Ltd. (MLDL) and Rajasthan State Industrial Development and Investment Corporation (RIICO), successfully hosted Mahindra World City Jaipur Half Marathon on Sunday, 29th March 2026. As a continuation of the recently held Mahindra World City Chennai Marathon, the event brought together Jaipur’s growing community of fitness enthusiasts, amateur runners, and seasoned athletes. The marathon saw participation from over 3000 runners across age groups and abilities.
The marathon was flagged off by the honourable Chief Minister of Rajasthan, Shri Bhajan Lal Sharma, who encouraged the runners and stressed on the importance of a healthy lifestyle for the youth. The flagging off was followed by the planting of a sapling at MWC Jaipur, where the honourable Chief Minister reaffirmed MWC Jaipur’s commitment to building and maintaining a sustainable ecosystem for businesses.
Designed as a community-led initiative, the marathon featured multiple categories, including the Half Marathon, 10 km run, 5 km run, 3 km run, and a 1 km shorter run. With a strong focus on safety and seamless execution, the event was supported by comprehensive on-ground arrangements, including hydration points, medical support teams, and advanced route management systems. Volunteers and city authorities worked in close coordination to ensure efficient traffic management and a secure, smooth experience for all participants.
Speaking at the event, Bhajan Lal Sharma, Hon’ble Chief Minister of Rajasthan said, “I want to congratulate the organisers for conducting the event at a place where business flourishes. It is the first such event at this business hub, and hopefully, it will be an annual event.”
Speaking on the occasion, Amit Kumar Sinha, Managing Director and CEO, Mahindra Lifespace Developers Ltd., said “I am delighted to see the scale and diversity of participation at the Mahindra World City Jaipur Half Marathon, reflecting the strong and inclusive community growing around our developments. Moments like these reinforce our larger vision of creating integrated places where people connect, belong, and thrive. We look forward to making this marathon an annual initiative.”
Beyond competition, the marathon served as a platform to promote a healthier lifestyle and foster a shared sense of community. It also aligned with the broader vision of encouraging environmental awareness and responsible urban development, reinforcing the idea of a ‘greener tomorrow’. The Mahindra World City Jaipur Half Marathon reflects the city’s evolving fitness culture, bringing together people from all walks of life on a common platform. The initiative further strengthens MWC Jaipur’s positioning as an integrated, future-ready destination that seamlessly blends infrastructure with community well-being and active living.
About Mahindra World City, Jaipur
Mahindra World City, Jaipur is a PPP between the Mahindra Group and Rajasthan State Industrial Development and Investment Corporation (RIICO), located off NH8 and within the influence zone of DMIC (Delhi Mumbai Industrial Corridor). Spread across 3000 acres, Mahindra World City, Jaipur is a global benchmark in sustainable development and has a Multi-Sector Special Economic Zone spread across 1500 acres, a Domestic Tariff Area (DTA) spread across 1000 acres and a proposed co-located social & residential zone planned in ~500 acres.
Mahindra Lifespaces Launches ‘Mahindra Rainforest’ on LBS Marg, Kanjur, a Premium Mixed‑Use Development in Central Suburbs Mumbai
Mumbai, 19 th March 2026 – Mahindra Lifespace Developers Limited, the real estate and infrastructure development arm of the Mahindra Group, has announced the launch of residential – phase 1& 2 of Mahindra Rainforest, a premium mixed-use development located on LBS Marg, Kanjur, Mumbai. Spanning ~25.47 acres, the project is among the largest developments in Mumbai’s central suburbs and is envisioned as an integrated lifestyle destination.
The residential launch phases have an estimated Gross Development Value (GDV) of approximately ₹3,000 crore. Part of a larger mixed-use ecosystem, Mahindra Rainforest is designed to redefine urban living by seamlessly integrating residential, commercial, and retail within a single development. The residential township in these phases will offer thoughtfully designed 2 and 3 BHK premium residences tailored for modern urban lifestyles. Emphasizing green spaces, community living, and sustainable design, the project reflects Mahindra Lifespaces’ philosophy of building Homes of Positive Energy, with a strong focus on climate-responsive planning and enhanced quality of life.
Commenting on the launch, Vimalendra Singh, Chief Business Officer – Residential, Mahindra Lifespace Developers Ltd., said, “Mumbai continues to be a strategic focus market for Mahindra Lifespaces, and the central suburbs are an important residential corridor driven by strong connectivity and established social infrastructure. With Mahindra Rainforest, we are bringing our philosophy of ‘Homes of Positive Energy’ to life through a landmark mixed-use development that brings together nature, thoughtful design, and everyday functionality. The idea is to create not just homes, but a living environment where green spaces, community experiences, and sustainable planning come together in a meaningful way. We believe Mahindra Rainforest will set a new benchmark for well-planned, premium and nature-led living in central suburbs.”
Situated on LBS Marg, Kanjur, the project offers strong connectivity to the Eastern Express Highway, the Jogeshwari–Vikhroli Link Road (JVLR), and upcoming infrastructure including the Goregaon–Mulund Link Road (GMLR) and an east–west connecting flyover in Bhandup. Residents will further benefit from Metro Line 4, which abuts the project, along with proximity to the interchange with Metro Line 6 and seamless connectivity to the suburban rail network. The neighbourhood provides convenient access to key business districts such as BKC and Powai, supported by wellestablished social infrastructure, including reputed schools, hospitals, malls, and entertainment hubs. The residences feature thoughtfully designed, contemporary layouts with abundant natural light, spacious living areas, large decks, and private foyers, enhancing the overall premium living experience.
As part of the larger development, the residential township will offer over 3.5 lakh sq. ft. of open amenities and clubhouse spaces, making it amongst the largest in Mumbai. The development has over 7 acres of open dense green spaces. The phase 1&2 will include an expansive clubhouse, fitness zones, jogging tracks, yoga and meditation areas, a library, children’s play zones, and thoughtfully designed community spaces. Retail conveniences are seamlessly integrated within the development to support everyday needs. Positioned as a landmark development in Kanjur, Mahindra Rainforest further marks a significant step in the transformation of Mumbai’s central suburbs into a vibrant premium residential destination.
Mahindra World City Chennai Successfully Hosts 4th Edition of MWC Marathon 2026
Chennai, February 22, 2026: Mahindra World City Chennai successfully hosted the 4th edition of the MWC Marathon on Sunday, 22 February 2026, marking the much-anticipated return of the marquee running event. Organised by the MWC Runners Club in collaboration with Mahindra World City Chennai, the MWC Marathon 2026 witnessed strong participation of over 4,700 runners across age groups and reaffirmed its position as a professionally curated, world-class running event.
A key highlight of this edition was its AIMS-certified course, accredited by World Athletics, ensuring internationally recognised standards, precise distance measurement, and credibility for competitive runners and enthusiasts alike.
The marathon featured five race categories – 1 km, 3 km, 5 km, 10 km (timed) and 21.097 km Half Marathon (timed), catering to runners across age groups and fitness levels. The event was hosted at Mahindra World City Chennai, with a two-day lifestyle Expo with bib distribution and comprehensive on-ground support including hydration, medical and physiotherapy services.
Speaking on the occasion, Mr. Vikram Goel, Chief Business Officer – Industrial, Mahindra Lifespaces, said, “The MWC Marathon reflects our commitment to fostering community engagement and promoting health and well-being within Mahindra World City Chennai. Hosting an AIMS-certified race underscores our focus on global standards, precision, and creating meaningful experiences for participants.”
The MWC Marathon 2026 reinforced Mahindra World City Chennai as a destination that seamlessly integrates infrastructure, sustainability, and active community living, bringing together professional runners, fitness enthusiasts, and families for a memorable sporting experience.
About Mahindra World City Chennai
Mahindra World City, Chennai is India’s first integrated business city developed under the PPP between Mahindra Group and Tamil Nadu Industrial Development Corporation (TIDCO). Mahindra World City, Chennai is spread across 1550 acres and is located on NH32 within the influence zone of Chennai-Bengaluru Industrial Corridor (CBIC) & Chennai-Vizag Industrial Corridor (CVIC). The integrated city is a global benchmark in sustainable development and has a Multi-Sector Special Economic Zone spread across 450 acres, a Domestic Tariff Area (DTA) spread across 400 acres and co-located social & residential infrastructure planned in ~280 acres. Mahindra World City, Chennai is India’s first Zero Waste to Landfill integrated city and is an IGBC Platinum rated green township.
Mahindra Lifespaces and Mitsui Fudosan Group announce long term joint venture partnership, starting with Mahindra Blossom, Bengaluru
Bengaluru, 09 February 2026 – Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, today announced a joint venture with Mitsui Fudosan Group for the development of Mahindra Blossom, a premium residential project located in Whitefield, Bengaluru. This marks the first project under this strategic partnership. This long term partnership combines the strengths of two marquee organisations with a shared focus on long‑term value creation, while paving the way for potential future opportunities.
Mahindra Blossom is a high‑rise residential development comprising approximately 730 homes, located near Hopefarm Channasandra Metro Station on the Namma Metro Purple Line. Positioned along one of Bengaluru’s leading IT and employment corridors, the project is the city’s fourth net zero waste residential development. It offers strong connectivity to major commercial hubs and easy access to established educational institutions, healthcare facilities, and social infrastructure.
Commenting on the joint venture, Mr. Amit Kumar Sinha, Managing Director & CEO, Mahindra Lifespace Developers Ltd., said, “This joint venture with the Mitsui Fudosan Group marks a significant milestone for Mahindra Lifespaces. As Japan’s largest residential developer, Mitsui Fudosan sets global benchmarks in design, sustainability, and customer experience, and we look forward to integrating their best practices into the first joint project, Mahindra Blossom, one of our premium developments in Bengaluru. We are working towards expanding this partnership.”
Mr. Daijiro Eguchi, Managing Director, Mitsui Fudosan (Asia) Pte. Ltd., said, “India represents a highly attractive residential market driven by strong economic fundamentals and rapid urbanisation. Mahindra Blossom marks Mitsui Fudosan Group’s entry into India’s residential sector, and we are pleased to partner with Mahindra Lifespace Developers Limited, a trusted developer known for its commitment to sustainable development. Together with Mahindra Lifespace Developers Limited, we aspire to create a marquee residential development, driven by innovation and inspired design, that seamlessly blends global standards of quality and sustainability with deep local insight, contributing to the long term evolution of India’s urban living environment.”
The development will offer thoughtfully designed homes supported by a wide range of shared lifestyle amenities including a half‑Olympic size swimming pool, gym, badminton courts, jogging tracks, a pet park, and curated community spaces. Spread across 97,000 sq. ft. of amenities and nearly 4 acres of dedicated green and open spaces, the project is crafted to promote holistic and healthy living. Integrated retail within the development will further enhance everyday convenience, creating a well‑rounded living ecosystem designed to support modern urban lifestyles.
Planned with a strong emphasis on sustainability and resource efficiency, Mahindra Blossom incorporates climate‑responsive design principles, energy‑efficient planning, and construction practices focused on on‑site waste segregation and recycling. These measures align with Mahindra Lifespaces’ broader commitment to developing environmentally responsible residential communities based on global best practices. The said transaction is subject to necessary approvals and satisfaction of customary conditions precedent.
The partners also acknowledge the strategic counsel of Avinash Sule, Founder of Route78Partners, whose deep understanding of the Japanese and Indian real estate markets, together with his cross‑cultural expertise, played a vital role in building mutual trust, shaping the project’s governance framework, and aligning the long‑term objectives of this collaboration.
About Mitsui Fudosan
Mitsui Fudosan Co., Ltd. (MF) is a publicly traded company with approximately $66 billion (¥9.8 trillion, as of Sep. 2025) in assets, one of Japan’s largest real estate companies. MF has pursued mixed-use neighborhood creation that integrates office buildings, retail facilities, logistics, hotels/resorts, and residentials across various areas in Japan. MF’s area of operations is not only in Japan; Mitsui Fudosan Group has been conducting business in major cities in North America, Europe, China, Taiwan, Southeast Asia, Australia, and India. The Group is continuously pursuing the business expansion through driving the evolution of neighborhood creation. Since its incorporation, Mitsui Fudosan Group has led the development of numerous markets through iconic mixed-use projects—such as the Nihonbashi Revitalization Plan, the TOKYO MIDTOWN series, and Kashiwa-no-ha Smart City in Japan—while also achieving significant growth in its overseas business across major cities in Europe, North America, and Asia by leveraging the know-how and management resources cultivated in Japan together with the strengths of its local partners.
For more information on Mitsui Fudosan Co., Ltd., please visit
https://www.mitsuifudosan.co.jp/english/
Sustainability in the Mitsui Fudosan Group
Based on the meaning of its “& mark,” “to generate new value with society through cooperation, coexistence and co-creation, we forge ahead, innovating,” the Mitsui Fudosan Group views the “creation of social value” and the “creation of economic value” as two wheels of a cart. Accordingly, we believe that the creation of social value leads to the creation of economic value, and that this economic value then creates even greater social value. Moreover, we identified six Group Materiality priority issues when formulating our new management philosophy in April 2024. These Group Materiality priority issues are (1) Contribute to industrial competitiveness, (2) Coexist with the environment, (3) Health and Vitality, (4) Safety and security, (5) Diversity and inclusion, and (6) Compliance and governance. The Mitsui Fudosan Group will work to address each of the materialities through its core business activities and contribute to the promotion of sustainability.
Mitsubishi Electric India to invest ₹2,100 Cr in manufacturing expansion at Origins by Mahindra, Chennai
Chennai, February 06, 2026: Mahindra Industrial Park Chennai Limited (MIPCL), a joint venture between Mahindra World City Developers Limited and Sumitomo Corporation of Japan, marks yet another significant milestone with the commencement of operations of Mitsubishi Electric India Private Limited’s air conditioner and compressor manufacturing facility at Origins by Mahindra in Chennai. The facility, spread across 52 acres within the integrated industrial cluster, represents the scaling up of Mitsubishi Electric India’s manufacturing presence in India.
The facility was inaugurated by the Hon’ble Chief Minister of Tamil Nadu, Thiru M.K. Stalin, through a virtual plaque unveiling. Developed with an investment of approximately ₹2,100 crore, the facility underscores Mitsubishi Electric India’s long-term commitment to India and further strengthens Tamil Nadu’s position as a preferred destination for high-value, technology-led manufacturing.
With an annual production capacity of 300,000 indoor and outdoor room air conditioners and 650,000 compressors, the expansion contributes to the development of a strong regional supplier ecosystem, and aligns with the Government of India’s ‘Make in India’ initiative.
At the inauguration, Hon’ble Chief Minister Thiru M.K. Stalin said, “Chennai continues to serve as the manufacturing backbone of Tamil Nadu, anchored by a deep and well-established industrial ecosystem. The inauguration of Mitsubishi Electric India’s new air conditioner and compressor manufacturing facility reflects the state’s growing potential and our commitment to enabling businesses from India and across the world to strengthen manufacturing, expand operations, and grow sustainably in Tamil Nadu.”
Atsushi Takase, Managing Director, Mitsubishi Electric India, said, “India is witnessing a rapid growth for energy-efficient and high-quality air-conditioning solutions. This facility will support this growing demand through local manufacturing, while enabling us to respond faster to customer needs, strengthen quality control, and ensure sustainable operations. It will position India as a core hub within Mitsubishi Electric’s global air conditioning business. Aligned with the progressive industrial vision of the Tamil Nadu government, this investment underscores our long-term commitment to India, Tamil Nadu, and the country’s manufacturing ambitions.”
Vikram Goel, Chief Business Officer – Industrial, Mahindra Lifespace Developers Limited, said, “The expansion of Mitsubishi Electric India’s manufacturing operations at Origins by Mahindra reflects the strength of our integrated industrial cluster model. We focus on building future-ready ecosystems that combine world-class infrastructure, sustainability-led development, and seamless connectivity. The continued expansion of large global manufacturers like Mitsubishi Electric India within our developments reinforces the trust placed by these brands in our platform and our ability to support long-term industrial growth.”
Origins by Mahindra, Chennai is strategically located on NH16 and lies within the influence zones of the Chennai–Bengaluru Industrial Corridor (CBIC) and the Chennai–Visakhapatnam Industrial Corridor (CVIC). The industrial cluster offers proximity to the ports of Chennai, Ennore and Kattupalli, enabling efficient logistics and supply chain operations for manufacturing-led businesses.
The expansion of Mitsubishi Electric India’s operations further strengthens Origins by Mahindra, Chennai’s ecosystem of leading global manufacturers and reinforces Mahindra Lifespaces’ commitment to enabling sustainable, high-quality industrial development aligned with India’s manufacturing ambitions.
Mahindra Lifespaces Announces the Launch of Mahindra Blossom, a Net Zero Waste residential project in Whitefield, Bengaluru
~ Introducing an exclusive low-density community designed around nature, thoughtful living, and sustainability
Bengaluru, 17 December 2025 – Mahindra Lifespace Developers Limited, the real estate and infrastructure development arm of the Mahindra Group, announces the launch of Mahindra Blossom, a premium residential development in Whitefield, Bengaluru, with a potential GDV of approx. ₹1,900 crore. Mahindra Blossom is poised to become one of the most distinguished addresses in the micro-market. This launch reinforces Mahindra Lifespaces’ continued focus on deepening its presence in Bengaluru, one of its core strategic markets. Mahindra Blossom will be the company’s third Net Zero residential development in the city.
Mahindra Blossom offers 2, 3, 3.5 & 4 BHK homes, bringing together modern design, openness, and lifestyle comfort. The development features 75% open-to-sky spaces, cross-ventilated layouts, Vaastu-compliant entries, expansive balconies, and homes designed to maximise light, air, and views. Select residences include walk-in wardrobes, and 20-feet long balconies, creating a seamless blend of elegance and functionality. True to Mahindra Lifespaces’ commitment to building Homes of Positive Energy, the project integrates sustainable planning and climate-responsive architecture while fostering meaningful community living.
Commenting on the launch, Mr. Vimalendra Singh, Chief Business Officer – Residential, Mahindra Lifespace Developers Ltd., said, “Bengaluru is a key market in our strategy to scale residential development across strong, end-user-driven cities. Mahindra Blossom reflects this focus by offering well-designed, sustainable homes in a premium location. Whitefield continues to show steady absorption supported by connectivity improvements and a deep employment base. Our previous launches in Bengaluru have validated the brand’s strength with tremendous customer response and we are confident that Mahindra Blossom will build on that momentum.”
Strategically located abutting the Hopefarm Channasandra metro station, Mahindra Blossom offers unmatched access to Bengaluru’s key IT & employment hubs. The development is surrounded by top schools, colleges, hospitals, entertainment hubs, and retail destinations within a 5 km radius, making it one of the most well-connected residential pockets in Whitefield.
The project offers 97,000 sq. ft. of amenities and clubhouse spaces, including Bougainvillea canopies, half-Olympic size swimming pool, two jogging tracks, two badminton courts, a dedicated pet park, and thoughtfully designed community spaces. High-street retail integrated within the development ensures daily conveniences are always within reach. Every element is designed to support active, holistic, and balanced living.
Mahindra Blossom is planned as a sustainable development, pre-certified for IGBC Green Homes and IGBC Net Zero Waste, reflecting Mahindra Lifespaces’ long-standing commitment to future-ready, environmentally responsible living. With its unique combination of strategic location, design excellence, expansive openness, and green certifications, the project embodies the company’s mission of transforming urban landscapes through sustainable communities.
Mahindra Lifespaces Named Among Global and Regional Sector Leaders by GRESB in 2025
Mumbai, December 05, 2025 – Mahindra Lifespace Developers Limited, the real estate and infrastructure development arm of the Mahindra Group, has been recognized as a Global and Regional Sector Leader by GRESB under the Development Benchmark category for 2025.
Mahindra Lifespaces has achieved a 5-star rating with a score of 100/100, ranking 4th amongst listed entities, 7th in Asia, and 4th among Indian peers in the residential development benchmark category. The company has also secured the 1st rank in Public Disclosure in Asia for the fifth year, with a score of 100/100 and an A rating.
Amit Kumar Sinha, Managing Director & CEO, Mahindra Lifespace Developers Limited, said: “Sustainability has always been at the heart of Mahindra Lifespaces’ purpose and business strategy. This recognition is yet another affirmation of the pioneering work we continue to pursue and we remain steadfast in driving the Indian real estate sector toward a more responsible, transparent and Net Zero future.”
“GRESB Sector Leaders exemplify success in action. They set the pace for the industry, translating strong governance and operational excellence into real-world performance and long-term value,” said Sebastien Roussotte, CEO of GRESB.
Mahindra Lifespaces Secures New Redevelopment Mandate in Matunga with a GDV of ~INR 1,010 Crore
Mumbai, 03rd December 2025 – Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, has been selected as the preferred development partner for a major residential redevelopment project in Matunga, Mumbai. The project spans approximately 1.53 acres, with a gross development value of around INR 1,010 crore, further strengthening our footprint in the Mumbai micro market.
This upcoming development will transform the existing housing cluster into a modern community featuring improved infrastructure, contemporary design, and enhanced lifestyle amenities. Located in Matunga, the site benefits from seamless connectivity to key social and business hubs. The micro-market is a well-established residential catchment with proximity to Shivaji Park, leading educational institutions, healthcare facilities, retail destinations, robust transport networks and nearby metro links.
Commenting on the new mandate, Mr. Vimalendra Singh, Chief Business Officer – Residential, Mahindra Lifespace Developers Ltd., said: “This mandate is a strong endorsement of the trust communities place in Mahindra Lifespaces to deliver redevelopment that genuinely uplifts neighbourhoods. Matunga is a well-established and highly valued neighbourhood, and this redevelopment allows us to contribute thoughtfully to its next chapter with homes designed for modern lifestyles. We look forward to setting a new benchmark for community-centric redevelopment in Mumbai.”
The redevelopment will be planned with a strong emphasis on sustainability, and modern urban design, in line with Mahindra Lifespaces’ commitment to developing Homes of Positive Energy. Residents will benefit from enhanced infrastructure, improved lifestyle amenities, and superior connectivity. With this addition, Mahindra Lifespaces continues to strengthen its presence in Mumbai’s redevelopment landscape, further expanding its footprint in established city micro-markets.
