Mumbai, February 13th,
2025:
Mahindra Lifespace Developers Limited (MLDL), the real estate and
infrastructure development arm of the Mahindra Group, announced the launch of
Phase 2 of Mahindra Vista, India’s first Net Zero Waste + Energy residential
project in Kandivali East, Mumbai. This phase introduces 599 premium residences
with
a potential pre-sales value of almost ₹1,200 crore. All units come with balconies, designed to
meet the evolving aspirations of urban homebuyers.
Vimalendra Singh,
Chief Business Officer (Residential), Mahindra Lifespace Developers Limited said, “Mahindra
Vista’s unprecedented success with Phase 1 generating ₹800 crore in just three
days, is a testament to the trust our customers place in us. This overwhelming
response and basis customer demand, we have preponed the phase 2 launch. At a
time when environmental consciousness is reshaping choices, our commitment to
sustainability has deeply resonated with homebuyers. The success of Mahindra
Vista highlights Mumbai’s growing preference for responsible living and strengthens
our resolve to create a greener fu3ture.”
Spread across 7.74 acres,
Mahindra Vista exemplifies sustainable living with a low tower footprint of
under 12% and expansive green spaces. This includes 1.92 acres of landscaped
greens on mother earth and an additional 1.6 acre podium top adorned with a
signature-designed colonnade and an infinity-edge pool. Residents will also
enjoy a state-of-the-art, biophilic-roof clubhouse spanning 28,000 sq. ft.,
alongside high-street retail, and convenient shopping options.
Located in Kandivali East, Mahindra Vista enjoys proximity to key
infrastructure and connectivity advantages. Residents will benefit from easy
access to Akurli Road, the upcoming DP Road, and major transportation networks,
including highways, rail, and metro services. Overlooking the serene Sanjay
Gandhi National Park, the project offers a unique blend of tranquility and
urban convenience.
About Mahindra
Lifespace Developers Ltd.
Established in 1994, Mahindra
Lifespace Developers Ltd. (‘Mahindra Lifespaces’) brings the Mahindra Group’s
philosophy of ‘Rise’ to India’s real estate and infrastructure industry through
thriving residential communities and enabling business ecosystems. The
Company’s development footprint spans 39.44 million sq. ft. (saleable area) of
completed, ongoing and forthcoming residential projects across seven Indian
cities; and over 5000 acres of ongoing and forthcoming projects under
development / management at its integrated developments / industrial clusters
across four locations. Mahindra Lifespaces’ development portfolio comprises
premium residential projects; value homes under the ‘Mahindra Happinest®’
brand; and integrated cities and industrial clusters under the ‘Mahindra World
City’ and ‘Origins by Mahindra’ brands, respectively. The Company leverages
innovation, thoughtful design, and a deep commitment to sustainability to craft
quality life and business growth.
As a pioneer in Net Zero homes
in India, Mahindra Lifespaces is committed to building only Net Zero homes from
2030 onwards. The company has already launched India’s first three Net Zero
residential developments: One Net Zero Energy and two Net Zero Energy+ Waste,
showcasing its dedication to environmental responsibility and innovation. With
a 100% Green portfolio since 2014, the Company is working towards carbon
neutrality by 2040 and actively supports research on green buildings tailored
to climatic conditions in India.
Mahindra Lifespaces® is the recipient of over
90 awards for its projects and ESG initiatives. Learn more about Mahindra
Lifespaces® at www.mahindralifespaces.com
About Mahindra
Founded in 1945, the Mahindra
Group is one of the largest and most admired multinational federation of
companies with 260,000 employees in over 100 countries. It enjoys a leadership
position in farm equipment, utility vehicles, information technology and
financial services in India and is the world’s largest tractor company by
volume. It has a strong presence in renewable energy, agriculture, logistics,
hospitality and real estate. The Mahindra Group has a clear focus on leading
ESG globally, enabling rural prosperity and enhancing urban living, with a goal
to drive positive change in the lives of communities and stakeholders to enable
them to Rise.