Mahindra Lifespaces inks pact to redevelop housing society in Mumbai
Real Estate

Mahindra Lifespaces inks pact to redevelop housing society in Mumbai

Mahindra Lifespace Developers, the Mahindra Group's real estate and infrastructure development arm, has agreed to redevelop a housing society in Mumbai's Malad suburb. The project, which will be built on 3.68 acres of land, is expected to generate around Rs 850 crore in revenue for Mahindra Lifespaces.

"We see societal redevelopment as a promising opportunity for established real estate developers such as Mahindra Lifespaces." In a city like Mumbai, where greenfield construction is limited due to a scarcity of vacant land parcels, redevelopment offers an exciting path for growth while allowing existing property owners to upgrade to larger, better residences with modern amenities." Amit Sinha, Director and Board member, Mahindra Lifespace Developers. The company will continue to evaluate more such opportunities to grow our residential portfolio in Mumbai, he added.

Mahindra Lifespaces has developed more than 10.77 million sq ft of space in the Mumbai Metropolitan Region. It has an overall footprint spanning 32.97 million sq ft of completed, ongoing and forthcoming residential projects across seven Indian cities.

Also Read
Birla Estates purchases prime plot in South Mumbai's Malabar Hill
Belgium’s Vito will shortly launch a biodiesel project in Ayodhya

Mahindra Lifespace Developers, the Mahindra Group's real estate and infrastructure development arm, has agreed to redevelop a housing society in Mumbai's Malad suburb. The project, which will be built on 3.68 acres of land, is expected to generate around Rs 850 crore in revenue for Mahindra Lifespaces. We see societal redevelopment as a promising opportunity for established real estate developers such as Mahindra Lifespaces. In a city like Mumbai, where greenfield construction is limited due to a scarcity of vacant land parcels, redevelopment offers an exciting path for growth while allowing existing property owners to upgrade to larger, better residences with modern amenities. Amit Sinha, Director and Board member, Mahindra Lifespace Developers. The company will continue to evaluate more such opportunities to grow our residential portfolio in Mumbai, he added. Mahindra Lifespaces has developed more than 10.77 million sq ft of space in the Mumbai Metropolitan Region. It has an overall footprint spanning 32.97 million sq ft of completed, ongoing and forthcoming residential projects across seven Indian cities. Also Read Birla Estates purchases prime plot in South Mumbai's Malabar Hill Belgium’s Vito will shortly launch a biodiesel project in Ayodhya

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?