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Mahindra Lifespace announces Redevelopment project of GDV ₹1,650 Crore in Mahalaxmi, Mumbai
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.
About Mahindra Lifespace Developers Ltd.
Mahindra Lifespace Developers Limited (“MLDL”) is a pan-India real estate developer. It operates its business through two verticals, namely, (i) residential projects, under the ‘Mahindra Lifespaces’ and ‘Mahindra Happinest’ brands (“Residential”); and (ii) integrated cities and industrial clusters under the ‘Mahindra World City’ and ‘Origins by Mahindra’ brands, respectively (“IC&IC”). MLDL has also been delivering green-certified homes by Indian Green Building Council (“IGBC”), embedding sustainability as a core principle across all its developments. MLDL projects integrate energy-efficient designs, environmentally responsible materials, and resource optimization measures to reduce carbon impact. Reinforcing this commitment, MLDL has launched three Net Zero projects, namely, Mahindra Eden, Mahindra Vista and Mahindra Zen. Learn more about Mahindra Lifespaces® at www.mahindralifespaces.com
About Mahindra
Mahindra Group, has a global presence across diverse business verticals, including automotive, farm equipment, technology, financial services, real estate, hospitality, logistics, renewable energy, and aerospace and defense. Learn more about Mahindra on www.mahindra.com / Twitter and Facebook: @MahindraRise/ For updates subscribe to Mahindra News Room https://www.mahindra.com/news-room
