Mahindra Lifespaces Teams Up with Livingstone Infra for ₹1650-Crore South Mumbai Project
Real estate giant Mahindra Lifespace Developers Ltd has announced a strategic partnership with Livingstone Infra Private Ltd for a premium project in South Mumbai, valued at ₹1650 crore. This collaboration aims to develop a high-end residential and commer
Real EstateSouth MumbaiMahindra LifespaceLivingstone InfraPremium ProjectReal EstateFeb 18, 2025
The project, valued at ₹1650 crore, is poised to transform one of Mumbai’s most sought-after neighborhoods into a sophisticated residential and commercial hub.
Mahindra Lifespace Developers Ltd, part of the Mahindra Group, is a renowned name in the Indian real estate sector.
Known for its commitment to sustainable development, the company has delivered numerous projects across various cities, focusing on quality and innovation.
Livingstone Infra Private Ltd, on the other hand, is a dynamic player in the infrastructure and real estate development space, known for its expertise in creating premium properties.
Project HighlightsThe collaboration between Mahindra Lifespace and Livingstone Infra is set to bring a new standard of living and working to South Mumbai.
The project will span an extensive area and will include a mix of luxury residential apartments, high-end commercial spaces, and state-of-the-art amenities.
The strategic location, close to major business districts and transport hubs, adds to the project's appeal.
Development PlansThe project will be developed in phases, with the first phase expected to be completed within the next three years.
Key features of the development include - Residential Units Luxurious apartments with modern amenities and spacious layouts.- Commercial Spaces High-end office spaces and retail outlets designed to attract top-tier businesses.- Amenities World-class recreational facilities, including swimming pools, fitness centers, and landscaped gardens.
Sustainability and InnovationIn line with Mahindra Lifespace's commitment to sustainable development, the project will incorporate eco-friendly practices and technologies.
This includes the use of solar power, rainwater harvesting, and energy-efficient building designs.
The integration of smart home technologies will also enhance the living experience for residents.
Market ImpactThe partnership is expected to have a significant impact on the real estate market in South Mumbai.
The project’s ambitious scope and the strong track record of the partners are likely to attract both investors and homebuyers.
The development is expected to boost the local economy and create numerous job opportunities.
ConclusionThe collaboration between Mahindra Lifespace Developers Ltd and Livingstone Infra Private Ltd marks a significant milestone in the real estate sector.
The ₹1650 crore project in South Mumbai is poised to set new standards in luxury living and commercial development, making it a highly anticipated addition to Mumbai's skyline.
Frequently Asked Questions
What is the value of the project between Mahindra Lifespace and Livingstone Infra?
The project is valued at ₹1650 crore.
Where is the project located?
The project is located in South Mumbai, one of the city's most prestigious areas.
What types of units will be included in the project?
The project will include luxury residential apartments and high-end commercial spaces.
What sustainable practices will be incorporated in the project?
The project will feature eco-friendly practices such as solar power, rainwater harvesting, and energy-efficient building designs.
When is the expected completion of the first phase of the project?
The first phase of the project is expected to be completed within the next three years.
Related News Articles
Has the Property Market Reached Its Peak in Major Cities?
Explore the current state of the real estate market in major cities, including Kolkata, and whether recent trends indicate a market peak.
Major Realty Firms Witness Surge in Property Sales Worth Rs 35,000 Cr in Q1FY25
India's top real estate developers, including Godrej Properties and DLF, reported a significant increase in property sales in the first quarter of FY25, driven by strong demand for luxury housing.
Revolutionizing Diamond Exploration: Botswana Diamonds Embraces Artificial Intelligence
Botswana Diamonds PLC has initiated an artificial intelligence project to enhance its diamond exploration efforts, marking a significant milestone in the company's history.
MahaRERA Cracks Down on 628 Housing Projects for Non-Compliance with Registration Rules
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has taken action against 628 housing projects across the state for failing to display their registration number and QR code in advertising materials.
Luxury Real Estate in Mumbai Hits New Heights with Record-Breaking Deal
Apco Infratech breaks records with its Rs 155 crore purchase of a luxury triplex apartment in Mumbai's Pali Hill, setting a new benchmark in India's residential property market.
Real Estate Firm Executives Assaulted by Client Over Account Deactivation; Case Filed
A high-profile real estate firm is currently dealing with the aftermath of a violent incident where a client reportedly assaulted the executives over the deactivation of his account. Authorities are investigating the matter, and legal actions are underway