StockWatch
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Residential- Commercial Projects
New Launch6 Oct 2026, 09:20 pm

Mahindra Lifespaces Launches ₹3,500 Cr Residential Project in Pune

AI Summary

Mahindra Lifespace Developers Ltd. has launched 'Mahindra Rivenza', a new residential development in Baner Annex, Mahalunge, Pune. The project spans 13.46 acres and has a Gross Development Value (GDV) of approximately ₹3,500 crore. Phase 1 will offer 1,236 units across 2, 3, and 4 BHK configurations. The development boasts extensive amenities, including a 44,000+ sq. ft. clubhouse and over 9 acres of green spaces. Mahindra Rivenza is designed as a Net Zero Waste development and is IGBC pre-certified Gold, emphasizing sustainability. The location offers good connectivity to employment hubs like Hinjawadi and Baner IT hubs.

Key Highlights

  • Mahindra Lifespaces launches new residential project 'Mahindra Rivenza' in Pune.
  • Project has a Gross Development Value (GDV) of ₹3,500 crore.
  • Phase 1 offers 1,236 units across 2, 3, and 4 BHK residences.
  • Development emphasizes sustainability with Net Zero Waste and IGBC Gold certification.
  • Located in Baner Annex, a well-connected micro-market with access to IT hubs.