Mahindra Lifespace to Redevelop Two Societies in Chembur
18 Sep 2025 CW Team
Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure arm of the Mahindra Group, has been selected to redevelop two societies in Chembur, Mumbai, with a combined gross development value of approximately Rs 17 billion.
The societies cover around 2.6 acres and 1.8 acres respectively. The redevelopment plans include well-designed homes prioritising sustainability, modern amenities, and enhanced connectivity, aiming to offer residents a superior living experience while creating long-term value through environmentally responsible practices.
Vimalendra Singh, Chief Business Officer – Residential, MLDL, 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 look forward to contributing to Chembur’s growth story.”
Located in the Diamond Garden area, the projects benefit from Chembur’s strategic position connecting Mumbai’s business districts with the eastern suburbs. The sites are 1.5 kilometres from the Eastern Freeway, providing direct access to Thane, Navi Mumbai, and other key city areas. Connectivity will be further enhanced by the nearby Diamond Garden Metro Station on Line 2, as well as Monorail and railway links. Proximity to business hubs such as BKC and Powai positions the projects for strong future value creation.