Archive · 7 Oct 2026
Mahindra Lifespace launches ₹3,500-crore residential project in Pune
Mahindra Lifespace Developers has launched a new housing project in Pune called Mahindra Rivenz.
It is planned for a 13.46-acre site in Baner Annex, Mahalunge.
The company says the project has a total development value of ₹3,500 crore.
The first phase is planned to include 1,236 homes.
Buyers will be able to choose homes with two, three, or four bedrooms.
The project is also planned to have green spaces, a clubhouse, sports courts, and other amenities.
The company says it is designed as a Net Zero Waste development and has received IGBC pre-certification at Gold level.
A company executive said the project reflects the firm’s understanding of Pune homebuyers.
Mahindra Lifespace Developers launched Mahindra Rivenz, a residential project in Pune, on October 6.
The 13.46-acre development in Baner Annex, Mahalunge, has an overall gross development value of ₹3,500 crore.
Its first phase will offer 1,236 homes with two, three, or four bedrooms.
Planned features include a clubhouse, landscaped green spaces, sports facilities, and fitness and recreational amenities.
The company says the project is envisaged as Net Zero Waste and is IGBC pre-certified Gold.
- Who
- Mahindra Lifespace Developers launched the project.
- What
- Mahindra Rivenz, a residential development with an overall gross development value of ₹3,500 crore.
- When
- October 6; the article does not specify the year.
- Where
- Baner Annex, Mahalunge, Pune, Maharashtra.
- Why
- The company described it as an opportunity to create homes and residential destinations suited to evolving lifestyles and homebuyer needs.
- Project
- Mahindra Rivenz
- Gross development value
- ₹3,500 crore
- Site area
- 13.46 acres
- First-phase homes
- 1,236
- Home types
- Two-, three-, and four-bedroom units
- Clubhouse and landscaped green spaces
- Together spread across more than 2.65 lakh square feet, according to the article
- Sustainability
- Envisaged as a Net Zero Waste development; IGBC pre-certified Gold
- Company executive quoted
- Vimalendra Singh, Chief Business Officer (Residential), Mahindra Lifespace Developers