Mahindra Lifespace Developers to Revitalize Two Residential Projects in Mumbai
Mahindra Lifespace Developers Limited (MLDL) has been selected to redevelop two residential societies in Chembur, Mumbai. The projects, spanning a total of 4.4 acres, have a combined gross development potential of approximately Rs 1,700 crore. The redevelopment will focus on sustainability, modern amenities, and connectivity, enhancing the value of the area.
Real EstateRedevelopmentMumbaiChemburMahindra LifespaceReal Estate MumbaiSep 16, 2025
The two societies span about 2.6 acres and 1.8 acres respectively. The redevelopment will deliver well-planned homes, designed with a focus on sustainability, modern amenities, and connectivity. This initiative aims to enhance the living standards and overall value of the area.
Vimalendra Singh, Chief Business Officer Residential, Mahindra Lifespace Developers Ltd, said: “Redevelopment continues to play an important role in our growth journey. It enables us to bring high-quality residential projects to neighborhoods where demand remains strong. We are grateful for the trust the societies have placed in us, and through this project, we look forward to contributing to the growth story of Chembur.”
The project is located in the Diamond Garden area in Chembur. Chembur is long known for its strategic location, connecting the city’s business districts with the eastern suburbs. Recent announcements permitting higher redevelopment potential are expected to further enhance the long-term value creation in the area.
Mahindra Lifespace Developers Limited (MLDL) is a leading real estate and infrastructure development company in India, known for its commitment to creating sustainable and livable communities. The company's focus on innovation and quality has made it a trusted name in the industry, and this latest project in Chembur is a testament to its ongoing commitment to urban renewal and development.
Frequently Asked Questions
What is the total area of the two societies being redeveloped by Mahindra Lifespace?
The two societies span a total of 4.4 acres, with one society covering 2.6 acres and the other covering 1.8 acres.
What is the estimated gross development potential of the projects?
The combined gross development potential of the two projects is approximately Rs 1,700 crore.
Where are the redevelopment projects located in Chembur?
The projects are located in the Diamond Garden area of Chembur, Mumbai.
What are the key features of the new residential developments?
The new residential developments will focus on sustainability, modern amenities, and connectivity, providing well-planned homes that enhance the living standards of the area.
Who is Vimalendra Singh, and what is his role in the project?
Vimalendra Singh is the Chief Business Officer Residential at Mahindra Lifespace Developers Ltd. He plays a crucial role in overseeing the redevelopment projects and ensuring their successful execution.
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