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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.
Mahindra Lifespaces To Redevelop Two Housing Societies In Chembur, Mumbai With A Combined Development Potential Of ~INR 1,700 Cr
Mumbai, September 16th, 2025: Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, today announced being chosen as the partner for two society redevelopment projects in Chembur, Mumbai, with a combined gross development potential of approximately INR 1,700 Cr.
The two societies span ~2.6 acres and ~1.8 acres respectively. The redevelopment will deliver well-planned homes, designed with a focus on sustainability, modern amenities, and connectivity. It will offer residents an enhanced living experience while creating long-term value through thoughtful design and environmentally responsible practices.
Vimalendra Singh, Chief Business Officer – Residential, Mahindra Lifespace Developers Ltd., said “Redevelopment continues to play an important role in our growth journey. It enables us to bring high-quality residential projects to neighbourhoods where demand remains strong. We are grateful for the trust the societies have placed in us, and through these projects we look forward to contributing to the growth story of Chembur.”
These projects are located in the Diamond Garden area, in Chembur. Long known for its strategic location connecting the city’s business districts with the eastern suburbs, Chembur is set to benefit further from recent announcements permitting higher redevelopment potential, enhancing long-term value creation.
Situated just 1.5 kilometres from the Eastern Freeway, the projects offer direct access to Thane, Navi Mumbai and other key parts of Mumbai. Connectivity will be further strengthened by the Diamond Garden Metro Station on Line 2, along with nearby Monorail and Railway links. Proximity to business hubs such as BKC and Powai makes the location highly accessible and well-positioned for the future.
Mahindra Lifespaces launches 166 premium residences at Lakewoods, Mahindra World City, Chennai
Chennai, August 14th, 2025 – Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development business of the Mahindra Group, has announced the launch of new premium residential towers, H & I, at ‘Lakewoods’, Mahindra World City, Chennai (MWC Chennai). This launch adds to the thriving residential community at MWC Chennai, further reinforcing its position as a vibrant and sustainable ecosystem. The two newly launched towers will offer 166 spacious units in 2 & 3 BHK formats, thoughtfully designed for modern living.
The IGBC Platinum pre-certified project builds on Mahindra Lifespaces’ commitment to sustainable development and holistic well-being of homeowners. The design ensures greater privacy with no shared walls between apartments. Cross-ventilated bedrooms and large French windows allow for natural light and airflow, supporting comfortable everyday living. Select units also include private decks that overlook the lake, nearby hills, or the central podium.
Speaking on the launch, Vimalendra Singh, Chief Business Officer – Residential, Mahindra Lifespace Developers Ltd., said, “Mahindra World City, Chennai was envisioned as an integrated, sustainable township where people can live, work and thrive in harmony with nature in a well-planned, sustainable environment. Lakewoods is an integral part of this vision, offering thoughtfully designed homes within walking distance of social infrastructure, green spaces, offices and everyday conveniences. With the launch of Towers H & I, we are deepening our commitment to creating vibrant neighbourhoods that support a balanced and fulfilling lifestyle.”
Lakewoods is a 9.33-acre residential development at Mahindra World City, Chennai, now introducing towers H & I, offering spacious 2 & 3 BHK homes with thoughtfully curated amenities such as a swimming pool, indoor gym, an elevated lounge, jogging track & kids’ play area.
The project integrates green living features such as energy-efficient lighting, organic waste treatment, waste segregation, and water/energy conservation systems. The broader Mahindra World City ecosystem enriches life further through schools, hospitals, retail, dining, and recreational options, along with regular cultural and sporting events that foster a strong community spirit.
Mahindra Lifespaces launches a new tower at Mahindra Citadel in Pune
Pune, July 04th, 2025 – Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, has announced the launch of a new tower at Mahindra Citadel, featuring premium 1 BHK homes designed for young professionals, nuclear families, and first-time homebuyers. This tower is part of the larger ~9.66-acre residential development in Pimpri-Chinchwad, Pune, which has an overall Gross Development Value (GDV) of nearly ₹2500 Cr. This launch follows robust demand for the earlier phases and not only offers high-quality urban living but also offers excellent connectivity, as it is adjacent to the Sant Tukaram Metro Station.
Mr. Vimalendra Singh, Chief Business Officer (Residential), Mahindra Lifespace Developers Ltd., said,
“The continued demand and strong sales at Mahindra Citadel strengthens our belief in Pimpri-Chinchwad as a high-potential residential micro-market. With most of Phase 1 and Phase 2 sold out, we are pleased to introduce a dedicated 1 BHK offering that expands our value proposition to a wider demographic of homebuyers. This marks another step forward in our ongoing commitment to deliver quality living spaces that balance convenience, connectivity, and comfort.”
The newly launched Tower is part of the same integrated community, offering access to thoughtfully curated infrastructure and amenities. These include landscaped green zones, a clubhouse, jogging track, gymnasium, multipurpose courts, and dedicated wellness spaces. As with previous phases, homes in this Tower are IGBC Gold pre-certified, with eco-friendly features such as energy-efficient lighting, water conservation systems, and solid waste management provisions. Positioned along the Old Mumbai-Pune Highway, residents also benefit from proximity to educational institutions, healthcare centres, and entertainment hubs, further enhancing the appeal of the location.
Mahindra Lifespaces Announces the Launch of Mahindra Codename64 in Malad (West), Mumbai
Mumbai, June 23rd, 2025: Mahindra Lifespace Developers Limited, the real estate and infrastructure development arm of the Mahindra Group, announces the launch of Mahindra Codename64, a landmark residential development in Malad (West), Mumbai. This launch marks the beginning of Mahindra Lifespaces’ redevelopment journey in the city and is part of a larger planned development. Located in Malad (West), one of Mumbai’s most desirable micro-markets, Mahindra Codename64 represents a significant milestone in the company’s strategic expansion, backed by a strong redevelopment portfolio and a robust future development pipeline.
Mahindra Codename64 offers well-crafted 2 and 3 BHK residences designed to bring together comfort, functionality, and mindful urban living. Each home features spacious layouts, excellent cross-ventilation, abundant natural light, and expansive private decks, creating a calm and energy-efficient living environment. Staying true to Mahindra Lifespaces’ philosophy of building Homes of Positive Energy, the project seamlessly blends thoughtful design with sustainable planning to promote well-being and a sense of balance. The project offers ~2.2 acres of recreational space. Amenities include a half Olympic-sized swimming pool, an expansive clubhouse featuring an indoor gym, badminton court, community hall, aerial yoga, kickboxing, and aerobics. The project also features amenities thoughtfully curated to support an active lifestyle, including and well-planned children’s play areas.
Commenting on the launch, Mr. Vimalendra Singh, Chief Business Officer – Residential, Mahindra Lifespace Developers Ltd., said, “Mahindra Codename64 is more than a project launch. It reflects our deepening commitment to Mumbai’s urban transformation. As we step into the city’s redevelopment space, our focus is on creating homes and communities that stand the test of time. With Mahindra Codename64, we aim to blend intelligent design, quality, and meaningful lifestyle experiences in one of the city’s most connected and vibrant neighbourhoods. This is the first of many steps in building the Mumbai of tomorrow.”
Located in an established neighbourhood, Mahindra Codename64 offers seamless access to upmarket social infrastructure, including reputed schools, leading healthcare facilities, prominent shopping malls, major offices and business hubs. With the operational Malad Metro Station just 500 metres away, the project is very well connected by roads and offers access to public transport like local trains to all business and leisure hubs of the city.
Mahindra Lifespaces launches Mahindra NewHaven next to successful Mahindra Zen, Bengaluru
Bengaluru, April 17th, 2025: Mahindra Lifespace Developers Ltd., the real estate and infrastructure development arm of the Mahindra Group, has announced the launch of Mahindra NewHaven, an IGBC-certified Net Zero Energy & Waste project. The development features 70% open spaces, with bespoke 3, 3.5, and 4 BHK residences and is purposefully designed to elevate modern living with a strong focus on sustainability and innovation. This project is located adjacent to the already successful Mahindra Zen on Hosur road in South Bengaluru.
Vimalendra Singh, Chief Business Officer (Residential), Mahindra Lifespace Developers Limited, said, “Bengaluru continues to be a key market for Mahindra Lifespaces, with our projects consistently receiving strong responses. Following the success of Mahindra Eden and Mahindra Zen, both of which are almost sold out, we are excited to announce the launch of Mahindra NewHaven, our fourth premium development in South Bengaluru, designed to meet the city’s evolving lifestyle aspirations.”
The project’s architectural design emphasizes natural harmony, featuring spacious homes with excellent cross-ventilation, abundant natural sunlight, and wide, expansive decks. The residences are designed to provide a serene living experience.
Mahindra NewHaven also features premium lifestyle amenities, including a 10,400 sq. ft. clubhouse with an infinity pool. Located just 1 km from Singasandra metro station and near Electronic City, the project offers excellent connectivity to IT hubs, business parks, and a thriving social infrastructure. Residents will benefit from easy access to top educational institutions, shopping centers, supermarkets, entertainment venues, and dining options, making it a truly comprehensive lifestyle destination.
