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.
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.