Mahindra Lifespaces Secures ₹800 Crore Redevelopment Project in Mumbai's Malad West
Real estate company Mahindra Lifespace Developers Ltd (MLDL) has been selected as the preferred partner for the redevelopment of four residential societies in Malad (West), Mumbai, with a development potential of approximately ₹800 crore.
Mahindra LifespacesReal EstateRedevelopmentMalad WestMumbaiReal EstateOct 10, 2025
The project spans around 1.65 acres and is strategically located near MLDL’s ongoing redevelopment project, Mahindra Codename64. This proximity reinforces the company’s commitment to the area and enhances its market position. The site offers excellent connectivity, situated just 2.6 km from the Western Express Highway, less than 1 km from Malad West Metro Station, and about 1.5 km from Malad Railway Station. Its proximity to major business hubs such as Mindspace, Malad, and the Bandra Kurla Complex (BKC) further enhances the project’s appeal for future residents.
Vimalendra Singh, Chief Business Officer – Residential, Mahindra Lifespace Developers Ltd, said, “This project further strengthens our presence in Mumbai’s redevelopment market, reflecting the trust our brand has earned over the years with customers and communities. Our reputation for delivering thoughtfully designed, high-quality homes has made us a preferred choice for societies looking to redevelop. This is also in line with our strategy of deepening presence in established micromarkets, enabling us to leverage economies of scale and enhance project efficiencies.”
Situated in an established residential area, the new development will provide easy access to a wide range of urban conveniences, including reputed schools, leading healthcare facilities, retail destinations, and business centers. This comprehensive infrastructure is expected to attract a diverse range of potential residents, from young professionals to families.
Shares of Mahindra Lifespace Developers Ltd ended at ₹369.20, up by ₹12.50, or 3.50%, on the BSE, reflecting the market’s positive response to the company’s latest achievement. This financial performance underscores the confidence investors have in MLDL’s strategic direction and its ability to deliver high-quality redevelopment projects in prime locations.
Mahindra Lifespace Developers Ltd is a leading real estate company known for its commitment to sustainable and thoughtful development. The company’s focus on creating value for its stakeholders through innovative projects and strong community engagement has been a key driver of its success. With this new project in Malad West, MLDL continues to build on its reputation as a trusted and reliable partner in the real estate sector.
Frequently Asked Questions
What is the value of the redevelopment project in Malad West?
The redevelopment project in Malad West is valued at approximately ₹800 crore.
How many residential societies are being redeveloped in Malad West?
Four residential societies are being redeveloped in Malad West.
What is the size of the project site?
The project site spans around 1.65 acres.
What are the key connectivity features of the project site?
The site is located just 2.6 km from the Western Express Highway, less than 1 km from Malad West Metro Station, and about 1.5 km from Malad Railway Station.
How did Mahindra Lifespace Developers Ltd's shares perform on the BSE following the announcement?
Shares of Mahindra Lifespace Developers Ltd ended at ₹369.20, up by ₹12.50, or 3.50%, on the BSE.
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