Mahindra Lifespace Developers launches its first redevelopment project in Malad, Mumbai
Mahindra Lifespace Developers announced the launch of Mahindra 'Codename64', a landmark residential development in Malad (West), Mumbai. This launch marks the beginning of Mahindra Lifespaces' redevelopment journey in the city and is part of a larger planned development.
'Codename64' offers well-crafted 2 and 3 BHK residences designed to bring together comfort, functionality, and mindful urban living. Each home features spacious layouts, excellent cross-ventilation, abundant natural light, and expansive private decks, creating a calm and energy-efficient living environment. Staying true to Mahindra Lifespaces' philosophy of building Homes of Positive Energy, the project seamlessly blends thoughtful design with sustainable planning to promote well-being and a sense of balance. The project offers ~2.2 acres of landscaped recreational space. Amenities include a half Olympic-sized swimming pool, an expansive clubhouse featuring an indoor gym, badminton court, community hall, aerial yoga, kickboxing, and aerobics. The project also features amenities thoughtfully curated to support an active lifestyle, including and well-planned children's play areas.
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Mahindra Lifespace bags redevelopment project in Mulund worth Rs 1,250 crore
Mahindra Lifespace Developers said that it has been appointed as the preferred developer for the re-development of a premium housing society in Mulund (West), Mumbai. The project spans across a 3.08-acre land parcel and has an estimated development value of approximately Rs 1,250 crore. The site offers excellent connectivity, being just 1.4km from the upcoming Mumbai Metro Line 5 and 0.8 km from the Goregaon-Mulund Link Road. It also provides seamless access to the Eastern Express Highway and the Mulund-Airoli Bridge, facilitating convenient travel to Navi Mumbai, and other business hubs. 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." Mahindra Lifespaces Developers is the real estate arm of the Mahindra Group. The companys development footprint spans 41.11 million square feet (saleable area) of completed, ongoing and forthcoming residential projects across seven Indian cities; and over 5000 acres of ongoing and forthcoming projects under development / management at its integrated developments / industrial clusters across four locations. The scrip fell 1.23% to currently trade at Rs 356.80 on the BSE.
Time of India
3 days ago
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Mahindra Lifespaces to redevelop Mulund West project worth ₹1,250 crore
NEW DELHI 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 St. Pius Ten CHS society in Mulund (West), Mumbai . The project spans across a 3.08-acre land parcel and has an estimated development value of approximately ₹1,250 crore. The company recently launched Mahindra 'Codename64', a residential development in Malad (West). The project will offer 2BHK and 3BHK residences. The board of directors of the company had recently approved the appointment of Anshu Shukla as chief design officer categorised as senior management personnel with effect from June 25, 2025.
Hindustan Times
3 days ago
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Mahindra Lifespaces to redevelop housing project in Mumbai's Mulund with a revenue potential of ₹1,250 crore
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