Mahindra Lifespace Buys Pune Land For Rs 35 Billion Project

14 Oct 2025 CW Team

Mahindra Lifespace Developers Ltd, the real estate arm of the Mahindra Group, has acquired 13.46 acres of land in Pune to develop a housing project valued at around Rs 35 billion, the company said in a regulatory filing late on Friday.

The land parcel is located in the premium neighbourhood of Nande–Mahalunge in Pune. While the company did not disclose the seller or the deal value, it said the land offers a development potential of approximately Rs 35 billion.

In a separate announcement, Mahindra Lifespace also revealed plans to redevelop four housing societies in Malad (West), Mumbai, with an expected revenue potential of Rs 8 billion from the sale of free area in the redeveloped project.

“Spread across about 1.65 acres, the Malad redevelopment offers a total development potential of Rs 8 billion,” the company said.

Mahindra Lifespace’s development portfolio covers 49.26 million square feet of completed, ongoing, and forthcoming residential projects across seven Indian cities. In addition, the company manages or is developing over 5,000 acres of integrated developments and industrial clusters across four major locations in India.

The new Pune acquisition aligns with Mahindra Lifespace’s strategy to strengthen its presence in key urban growth markets and tap into the city’s rising demand for premium and mid-segment housing.

Infrastructure Urban

03 Nov 2025

Vice-President Backs Global Unity at IN-STEP 2025

Vice-President of India, Shri C. P. Radhakrishnan, addressed delegates at the 3rd edition of the International Strategic Engagement Programme (IN-STEP) held at the Vice-President’s Enclave in New Delhi. IN-STEP serves as a key dialogue platform for senior national security officers from India and friendly foreign nations. The current edition hosts 44 delegates, including 32 international participants representing 24 Global South countries. Commending the joint efforts of the National Defence College, National Security Council Secretariat, Ministry of External Affairs, and Ministry of Defen..

India to Host Global Maritime Events in Visakhapatnam

India will host three major international maritime events in February 2026 at Visakhapatnam — the International Fleet Review (IFR) 2026, Exercise MILAN 2026, and the Indian Ocean Naval Symposium (IONS) Conclave of Chiefs. Scheduled from 15 to 25 February 2026, this marks the first time India will conduct all three significant maritime gatherings simultaneously. The events embody Prime Minister Shri Narendra Modi’s MAHASAGAR vision — Mutual and Holistic Advancement for Security and Growth Across Regions — announced in 2025. The MAHASAGAR framework extends India’s SAGAR (Security and ..

Heavy Industries Ministry Frees 4.4 Million Sq Ft Under SCDPM 5.0

Inspired by the Prime Minister’s vision to institutionalise Swachhata and clear long-pending matters, the Ministry of Heavy Industries (MHI), along with its Central Public Sector Enterprises (CPSEs) and Autonomous Bodies (ABs), actively participated in the fifth consecutive year of the Special Campaign for Disposal of Pending Matters (SCDPM) 5.0, held from 2 to 31 October 2025. Throughout the campaign, MHI worked closely with the Department of Administrative Reforms and Public Grievances, reporting daily progress on a dedicated monitoring portal. Shri Bhupathi Raju Srinivasa Varma, Minister..