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

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

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.

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.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code