Mahindra Lifespace Unveils Two Major Redevelopment Projects in Chembur, Mumbai
Mahindra Lifespace Developers Limited (MLDL) has been selected to undertake two significant society redevelopment projects in Chembur, Mumbai, with a combined potential worth of ₹1,700 crore.
Real EstateRedevelopmentChemburMahindra LifespaceMumbaiReal EstateSep 17, 2025
The two societies span 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. The company stated that it will offer residents an enhanced living experience while creating long-term value through thoughtful design and environmentally responsible practices.
“Redevelopment continues to play an important role in our growth journey. It enables us to bring high-quality residential projects to neighbourhoods 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,” said Vimalendra Singh, Chief Business Officer – Residential, Mahindra Lifespace Developers Ltd.
The project is located in the Diamond Garden area of Chembur, which is known for its strategic location connecting the city’s business districts with the eastern suburbs. Chembur is set to benefit further from recent announcements permitting higher redevelopment potential, enhancing long-term value creation.
Situated just 1.5 kilometres from the Eastern Freeway, the projects offer direct access to Thane, Navi Mumbai, and other key parts of Mumbai. Connectivity will be further strengthened by the Diamond Garden Metro Station on Line 2, along with nearby Monorail and Railway links. Proximity to business hubs such as BKC and Powai makes the location highly accessible and well-positioned for the future.
Mahindra Lifespace Developers Limited (MLDL) is a leading real estate developer in India, known for its commitment to sustainable and innovative housing solutions. The company has a strong presence in various cities across the country and is dedicated to enhancing the quality of life for its residents through well-planned and well-executed projects.
Frequently Asked Questions
What is the total development potential of the two projects in Chembur?
The total development potential of the two projects in Chembur is approximately ₹1,700 crore.
What are the key features of the new homes in the redevelopment projects?
The new homes in the redevelopment projects will be well-planned, focusing on sustainability, modern amenities, and connectivity.
How will the projects benefit from recent redevelopment policies in Chembur?
The projects will benefit from recent policies that permit higher redevelopment potential, enhancing long-term value creation in Chembur.
What is the strategic location of the projects in Chembur?
The projects are located in the Diamond Garden area of Chembur, just 1.5 kilometres from the Eastern Freeway, offering direct access to Thane, Navi Mumbai, and other key parts of Mumbai.
Who is Vimalendra Singh, and what is his role in Mahindra Lifespace?
Vimalendra Singh is the Chief Business Officer – Residential at Mahindra Lifespace Developers Ltd, responsible for overseeing residential projects and driving the company's growth strategy.
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