Mahindra Lifespaces Secures Major Mulund West Redevelopment Project

Mahindra Lifespaces Secures Major Mulund West Redevelopment Project

A New Chapter for Mumbai’s Urban Landscape

Mahindra Lifespaces, the real estate and infrastructure arm of the Mahindra Group, has ignited fresh excitement in the market by securing the mandate to redevelop a premium housing society in Mulund (West), Mumbai. The announcement propelled Mahindra Lifespaces’ share price to new heights on June 27, 2025, with the stock rallying by up to 4.63% to an intraday high of ₹378 per share. This landmark project, spanning a 3.08-acre land parcel with an estimated development value of around ₹1,250 crore, marks a significant milestone for the company and the region.

Value Creation Through Redevelopment

Vimalendra Singh, Chief Business Officer (Residential) at Mahindra Lifespaces, emphasized the company’s commitment to creating lasting value for residents and the city. “Our redevelopment philosophy centers around blending design excellence with sustainability and on-time delivery,” Singh remarked. “With robust connectivity to key 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.”

Prime Location, Unmatched Connectivity

• 1.4 km from upcoming Mumbai Metro Line 5
• 0.8 km from Goregaon-Mulund Link Road
• Easy access to Eastern Express Highway
• Close to Mulund-Airoli Bridge for Navi Mumbai

The project’s strategic location offers seamless connectivity, just 1.4 km from the upcoming Mumbai Metro Line 5 and 0.8 km from the Goregaon-Mulund Link Road. The site also enjoys easy access to the Eastern Express Highway and the Mulund-Airoli Bridge, ensuring effortless travel to Navi Mumbai and major business districts. This prime positioning makes the development highly attractive for both residents and investors.

A Legacy of Sustainable Urbanization

Mahindra Lifespaces is recognized as one of India’s leading developers, with a strong presence across nine major cities. The company has delivered 53 residential projects, encompassing 21.14 million square feet of completed development. Its current pipeline includes 16.19 million square feet of ongoing and upcoming projects across mid-premium and affordable housing, integrated cities, and industrial clusters, catering to a diverse range of homebuyers and businesses.

A Vision for the Future

This latest redevelopment project in Mulund (West) underscores Mahindra Lifespaces’ dedication to sustainable urbanization and community-centric development. As the company continues to expand its footprint, it remains committed to setting new benchmarks in quality, sustainability, and timely delivery—shaping the future of urban living in India.