Mulund Redevelopment Project by Mahindra Lifespaces
The highly anticipated Mulund redevelopment project by Mahindra Lifespaces has officially been announced. Set in Mulund West, this ₹1,250 crore venture will transform the St. Pius Ten CHS society into a premium residential complex. With a focus on sustainability, connectivity, and modern infrastructure, Mahindra Lifespaces continues to reshape Mumbai’s real estate landscape through smart urban transformation.
📍 Why Mulund Redevelopment Matters Now
The Mulund redevelopment project is not just another construction story—it’s a vision for urban renewal. Located just 1.4 km from Mumbai Metro Line 5 and 0.8 km from the upcoming Goregaon–Mulund Link Road, this project offers unmatched accessibility. The proximity to the Eastern Express Highway and Mulund–Airoli Bridge makes daily commuting seamless for residents.
🌆 Project Highlights at a Glance
- Developer: Mahindra Lifespaces Developers Ltd
- Location: Mulund West, Mumbai
- Plot Size: 3.08 acres
- Estimated Development Value: ₹1,250 crore
- Project Type: Society Redevelopment (St. Pius Ten CHS)
With this major undertaking, Mahindra Lifespaces strengthens its position as a trusted partner in Mumbai’s redevelopment ecosystem.
🏘 What Residents Can Expect
This Mulund redevelopment project aims to provide:
- Spacious, premium apartments
- Smart home features
- Green spaces and recreational zones
- Gated security and modern amenities
- Sustainability-led design and on-time delivery
All of these upgrades promise a significantly better quality of life for current and future residents.
🔄 A Strategic Shift Toward Urban Redevelopment
Mumbai has little vacant land left for new builds, which is why redevelopment is the future. Mahindra Lifespaces is aligning its long-term strategy with this trend by:
- Prioritizing redevelopment projects in key Mumbai suburbs
- Targeting mid to premium housing segments
- Phasing out its affordable housing division by FY30
This smart pivot ensures they meet the changing demands of Mumbai’s urban population while delivering faster and more efficient projects.
💹 Impact on Local Property Market
The Mulund West property market is already seeing solid demand, with rates hovering around ₹20,000–₹30,000 per sq. ft. In FY25 alone, nearly ₹4,000 crore worth of real estate transactions were recorded in Mulund. With the upcoming Mahindra project, prices are likely to appreciate further, making it a hotspot for buyers and investors alike.
🏢 Mahindra Lifespaces – A Reliable Redevelopment Partner
Over the past five months, Mahindra Lifespaces has launched three major Mumbai redevelopments, totaling ₹5,000 crore in GDV. These include:
- ₹950 Cr in Andheri West
- ₹1,650 Cr in Mahalaxmi
- ₹1,250 Cr in Mulund West
This consistent pipeline showcases their reliability and execution strength—qualities essential for successful society redevelopment.
🔚 Final Thoughts: A New Era for Mulund
The Mahindra Lifespaces Mulund redevelopment project is more than just real estate. It’s a strategic renewal of space, value, and lifestyle in one of Mumbai’s most connected suburbs. With modern planning, green features, and solid infrastructure links, this project could set a new benchmark for residential redevelopment in the city.
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