Mahindra Lifespaces Acquires Pune Land with Rs 35,000 Mn Potential

15 Oct 2025 CW Team

Mahindra Lifespace Developers Ltd has acquired 13.46 acres of land in the premium Nande–Mahalunge neighbourhood of Pune. The parcel is expected to yield a development potential of around Rs 35,000 million.

“Mahalunge–Nande–Maan are among Pune’s most promising micro-markets, with strong absorption over recent years. Demand for modern, high-quality homes continues to grow, and this strategically located land aligns with our plan to strengthen our presence across Pune’s key growth corridors,” said Vimalendra Singh, Chief Business Officer–Residential, Mahindra Lifespace Developers Ltd.

The site offers connectivity via the proposed PMRDA Town Planning Scheme and the upcoming Inner Ring Road near Hinjewadi. It is surrounded by well-developed social infrastructure including Delhi Public School, Mahindra International School and Symbiosis Centre for Management. The location is also equidistant from Baner–Balewadi and Hinjewadi, which are among Pune’s major IT and BFSI hubs.

Established in 1994, Mahindra Lifespaces is the real estate and infrastructure arm of the Mahindra Group. Its portfolio spans more than 49 million sq ft across seven cities and over 5,000 acres of integrated developments and industrial clusters. The company’s brands include Mahindra Happinest®, Mahindra World City and Origins by Mahindra.

A pioneer in sustainable housing, the developer aims to build only Net Zero homes from 2030 onwards and has launched India’s first Net Zero Energy and Energy+Waste projects. It has maintained a 100 per cent green portfolio since 2014 and targets carbon neutrality by 2040.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..