Mahindra Lifespace aims Rs 12 Bn from 2 Mumbai redevelopment projects
Real Estate

Mahindra Lifespace aims Rs 12 Bn from 2 Mumbai redevelopment projects

Mahindra Lifespace Developers, a prominent player in India’s real estate sector, has secured two new redevelopment projects in Mumbai. The company has been selected as the preferred partner for the redevelopment of two residential housing societies located in the Lokhandwala Complex, Andheri West. These projects are expected to generate a total revenue of approximately Rs 12 billion.

The redevelopment will be carried out under the Maharashtra state government's cluster development scheme, which aims to revitalize older and congested urban areas through planned infrastructure and residential upgrades. This initiative is aligned with the state’s broader efforts to improve housing quality and optimize urban land use in key metropolitan areas.

Mahindra Lifespace Developers operates across two main business verticals. The first focuses on residential development, with projects offered under the ‘Mahindra Lifespaces’ and ‘Mahindra Happinest’ brands, catering to both premium and affordable housing segments. The second vertical specializes in integrated cities and industrial clusters, operating under the ‘Mahindra World City’ and ‘Origins by Mahindra’ brands. These developments aim to create sustainable urban ecosystems with a mix of residential, commercial, and industrial spaces.

With this latest development in Andheri West, Mahindra Lifespace continues to strengthen its presence in Mumbai's real estate market, contributing to the city’s urban renewal efforts while also expanding its portfolio of residential redevelopment projects.

News source: CNBC TV18

Mahindra Lifespace Developers, a prominent player in India’s real estate sector, has secured two new redevelopment projects in Mumbai. The company has been selected as the preferred partner for the redevelopment of two residential housing societies located in the Lokhandwala Complex, Andheri West. These projects are expected to generate a total revenue of approximately Rs 12 billion. The redevelopment will be carried out under the Maharashtra state government's cluster development scheme, which aims to revitalize older and congested urban areas through planned infrastructure and residential upgrades. This initiative is aligned with the state’s broader efforts to improve housing quality and optimize urban land use in key metropolitan areas. Mahindra Lifespace Developers operates across two main business verticals. The first focuses on residential development, with projects offered under the ‘Mahindra Lifespaces’ and ‘Mahindra Happinest’ brands, catering to both premium and affordable housing segments. The second vertical specializes in integrated cities and industrial clusters, operating under the ‘Mahindra World City’ and ‘Origins by Mahindra’ brands. These developments aim to create sustainable urban ecosystems with a mix of residential, commercial, and industrial spaces. With this latest development in Andheri West, Mahindra Lifespace continues to strengthen its presence in Mumbai's real estate market, contributing to the city’s urban renewal efforts while also expanding its portfolio of residential redevelopment projects. News source: CNBC TV18

Next Story
Real Estate

Bennet & Bernard Unveil Dutch-Inspired ‘Casa El Toledo’ in Goa

Bennet & Bernard Group, Goa’s leading luxury real estate developer, has launched its newest project, Casa El Toledo, in Assagao. The enclave features 18 ultra-luxury 4 BHK Dutch-style villas blending European charm with tropical elegance. Each villa includes a private pool, double-height ceilings, open courtyards, alfresco dining areas, and English-inspired landscaping. The interiors are curated by noted Dutch designer Kelly Marie.   Reflecting the grandeur of the Dutch Golden Age, Casa El Toledo harmonises heritage aesthetics with modern sensibilities. Expansive interiors flow..

Next Story
Equipment

Godrej Delivers Heaviest Ecolaire Surface Condenser to US Project

Godrej Enterprises Group’s Process Equipment business has manufactured and delivered its heaviest Ecolaire® Surface Condenser to date, weighing nearly 450 metric tonnes, for a power-generation project in the United States. The project, powered by natural gas and partly designed for hydrogen compatibility, marks another step in advancing clean energy systems. Produced at the company’s GreenCo-certified Dahej facility in Gujarat, the equipment demonstrates India’s growing engineering capabilities and reinforces Godrej’s ‘Make in India for the World’ vision.  Hussain S..

Next Story
Infrastructure Energy

India, Brazil Discuss Energy Ties And Oil Investments

Union Minister for Petroleum and Natural Gas Hardeep Singh Puri held discussions with Celso Luis Nunes Amorim, Special Advisor to the President of Brazil, and senior Brazilian officials to strengthen bilateral cooperation in the oil, gas, and energy transition sectors. The talks took place during a dinner hosted by Kenneth H da Nobrega, Ambassador of Brazil to India, at his residence in New Delhi.Mr Puri said the meeting focused on Indian investments in Brazil’s oil and gas sector, as well as expanding collaboration in energy transition and biofuels. “The enriching conversation revolved ar..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?