Mahindra Lifespaces Bags Rs 12.5 billion Redevelopment in Mulund

27 Jun 2025 CW Team

Mahindra Lifespace Developers (MLDL), the real estate and infrastructure development arm of the Mahindra Group, has been appointed as the preferred developer for the redevelopment of a premium housing society in Mulund (West), Mumbai. The project will be developed across a 3.08-acre land parcel, with an estimated development value of approximately Rs 12.5 billion.

Strategically located, the site enjoys proximity to major connectivity points—just 1.4 km from the upcoming Mumbai Metro Line 5 and 0.8 km from the Goregaon-Mulund Link Road. It also offers seamless access to the Eastern Express Highway and the Mulund-Airoli Bridge, enabling convenient travel to Navi Mumbai, Thane, and key commercial hubs.

Commenting on the development, Vimalendra Singh, Chief Business Officer – Residential, Mahindra Lifespace Developers, said: “At Mahindra Lifespaces, our redevelopment philosophy centres around creating value for residents and the city. We aim to blend design excellence with sustainability and on-time delivery. With robust connectivity and access to employment hubs in South Mumbai, Navi Mumbai and Thane, this project is poised to be a key contributor to the area's continued growth story.”

The project aligns with Mahindra Lifespaces’ strategy of leveraging its brand strength and execution capabilities to expand its presence in key micro-markets through redevelopment opportunities.

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