Archive · 1 Oct 2026
Mahindra Lifespace Adds Three Mumbai Societies, Eyes Rs 1,500 Crore
Mahindra Lifespace plans to rebuild three housing societies in Mumbai.
Two of the societies are in Borivali.
The third society is in Chembur.
The company expects the projects to generate Rs 1,500 crore from homes that can be sold.
The announcement was made in a regulatory filing on Wednesday.
The projects are part of the company’s residential redevelopment business.
The company said redevelopment helps it work in established city areas.
It also said the new projects will expand its portfolio across Mumbai.
Mahindra Lifespace Developers added three housing societies to its Mumbai redevelopment portfolio.
The additions include two societies in Borivali and one in Chembur.
The projects have a combined revenue potential of Rs 1,500 crore from saleable area.
The company announced the additions in a regulatory filing on Wednesday.
Chief Business Officer Vimalendra Singh said the expansion strengthens the company’s redevelopment presence across Mumbai.
- Who
- Mahindra Lifespace Developers Ltd, with comments from Chief Business Officer Vimalendra Singh.
- What
- The company added three housing societies to its Mumbai residential redevelopment portfolio.
- When
- The announcement was made on Wednesday.
- Where
- Borivali and Chembur in Mumbai.
- Why
- To expand the company’s residential redevelopment business and portfolio across Mumbai.
- Company
- Mahindra Lifespace Developers Ltd
- New additions
- Three housing societies
- Locations
- Two societies in Borivali and one in Chembur
- Revenue potential
- Rs 1,500 crore
- Revenue basis
- Saleable area
- Business area
- Residential redevelopment
- Announcement source
- Regulatory filing