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Mahindra Lifespaces Secures Malad Redevelopment Project Worth Rs. 800 Crore

Mahindra Lifespaces will redevelop four residential societies in Malad (West), Mumbai, on 1.65 acres, with an estimated development value of INR 800 crore.

BY Realty+
Published - Saturday, 11 Oct, 2025
Mahindra Lifespaces Secures Malad Redevelopment Project Worth Rs. 800 Crore

Mahindra Lifespaces Developers Limited (MLDL), the real estate and infrastructure arm of the Mahindra Group, has been chosen as the preferred partner for the redevelopment of four residential societies in Malad (West), one of Mumbai’s well-established suburban neighbourhoods.

Covering approximately 1.65 acres, the project has a development potential of around INR 800 crore, highlighting both the scale and significance of this opportunity.

The four societies earmarked for redevelopment are strategically located near Mahindra Lifespaces ongoing project, Mahindra Codename64, further strengthening the company’s presence in the micro-market. The location offers excellent connectivity, making it highly convenient for residents to navigate the city. It is just 2.6 km from the Western Express Highway, allowing easy access to key business and commercial hubs across Mumbai.

Additionally, the project is located less than a kilometre from the Malad West Metro Station and around 1.5 km from Malad Railway Station, ensuring seamless connectivity via both road and public transport.

The location itself adds significant value to the project. Malad West is not only a thriving residential neighbourhood but also a growing commercial hub. Its proximity to business centres such as Mindspace, Malad, and the Bandra Kurla Complex (BKC) makes it attractive for working professionals seeking quality homes close to their workplaces. This blend of residential comfort and commercial convenience positions the redevelopment project as an ideal choice for a wide range of homebuyers, from young professionals to established families.

Commenting on the development, Mr. Vimalendra Singh, Chief Business Officer – Residential, Mahindra Lifespace Developers Ltd., said, “This project further strengthens our presence in Mumbai’s redevelopment market, reflecting the trust our brand has earned over the years with customers and communities. Our reputation for delivering thoughtfully designed, high-quality homes has made us a preferred choice for societies looking to redevelop. This is also in line with our strategy of deepening presence in established micro-markets, enabling us to leverage economies of scale and enhance project efficiencies.”

The new development will not just replace old structures but will also transform the area into a modern residential enclave with thoughtfully planned spaces and amenities that meet contemporary lifestyles. Residents can expect homes designed with quality construction, smart layouts, and an emphasis on comfort, sustainability, and community living.

One of the key advantages of this redevelopment is the access it provides to a wide array of urban conveniences. The neighbourhood boasts reputed schools, leading healthcare facilities, retail destinations, and business centres, making daily life more convenient for residents. With the operational Malad Metro Station nearby, commuting across Mumbai will be faster and easier, further enhancing the appeal of this redevelopment project.

For Mahindra Lifespace, this mandate aligns with its broader strategy of deepening its presence in established micromarkets. By focusing on areas with existing infrastructure and strong demand, the company can achieve operational efficiencies, deliver better-quality projects, and create sustainable communities. The Malad redevelopment project exemplifies this approach, combining a trusted brand, strategic location, and high-quality development standards.

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