April 03, 2025: Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group has been appointed as the preferred partner for the redevelopment of two residential societies in the Lokhandwala Complex, Andheri West, Mumbai, with a project value of approximately Rs 1,200 crore.
The project will be pursued under the state’s cluster development scheme. The redevelopment site is strategically located 15 minutes from the upcoming Versova-Bandra Sealink, providing excellent connectivity to other parts of the city.
Amit Kumar Sinha, managing director & CEO, Mahindra Lifespace Developers, said, “This strategic milestone significantly fortifies our presence in Mumbai’s western suburbs, a pivotal market for our growth ambitions. We are most excited to leverage our expertise to create an exceptional living experience.”
Vimalendra Singh, chief business officer – Residential, Mahindra Lifespace Developers, said, “This project is a testament to the trust that customers have placed in Mahindra Lifespaces. They value our proven track record of delivering high-quality living spaces and our commitment to transparency. At Mahindra Lifespaces, we prioritise innovative designs, timely delivery and uncompromising quality. By combining these values with our expertise in creating premium residences, we aim to exceed our customers’ expectations and enhance the neighbourhood.”
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