Mahindra Lifespace
Developers Limited (MLDL), the real estate and infrastructure development arm
of the Mahindra Group, has partnered with Livingstone Infra Private Limited
(LS) for a cluster redevelopment project in Mahalaxmi, with a Gross Development
Value (GDV) of ₹1650 Crore.
Mr.
Amit Kumar Sinha, Managing Director & CEO, Mahindra Lifespace Developers
Ltd., said, “This development marks Mahindra Lifespaces’
strategic expansion into South Mumbai’s premium real estate market by creating
residences that contribute to Mumbai’s urban renewal. The redevelopment aims to
showcase cutting-edge design, sustainable elements, and premium amenities,
enhancing the city’s skyline.”
Located in the upscale Mahalaxmi area, the project site enjoys a prime position in one of South Mumbai’s most sought-after neighborhoods. A key advantage of the location is its exceptional connectivity, which ensures convenient access to major business districts, essential services, and leisure destinations across South Mumbai.