Prev Post
Purandar International Airport Joint Survey Reaches the Final LegMahindra Lifespace Acquires 13.46-Acre Land Parcel in Pune for ₹3,500 Crore Housing Project
In order to build a massive residential project with an estimated GDV gross development value of ₹3,500 crore, Mahindra Lifespace Developers Ltd., the real estate and infrastructure development division of the Mahindra Group, has acquired a 13.46-acre plot of land in Pune.
The new land is located in Nande–Mahalunge, one of Pune’s most promising growth corridors connecting Hinjewadi, Baner, and Balewadi. The acquisition reinforces Mahindra Lifespace’s focus on expanding its footprint in high-demand urban micro-markets with strong infrastructure potential.
A Strategic Location in Pune’s Western Corridor
The Nande–Mahalunge area has rapidly emerged as a real-estate hotspot in recent years, thanks to its proximity to key employment hubs such as Hinjewadi IT Park, Baner, and Balewadi High Street. It is also part of the PMRDA Town Planning Scheme, which will further enhance road networks and civic infrastructure.
Mahindra Lifespace’s new project will benefit from these infrastructural developments, offering easy access to the Mumbai–Bengaluru Expressway, Pune Metro, and proposed ring road connectivity, making it a well-connected and desirable address for future homebuyers.
₹3,500 Crore Project with Premium Residential Focus
Industry estimates suggest the development could include a mix of 2, 3 and 4 BHK configurations, following Mahindra Lifespace’s consistent approach of integrating sustainability, open spaces, and green architecture in all its projects.
A GDV of ₹3,500 crore places this among the company’s largest projects in western India, signalling strong confidence in Pune’s luxury housing demand.
Join The Discussion
Related posts
November 26, 2025
26 Booked in ₹33-Crore Illegal Sale of Animal Husbandry Land in Tathawade
Police have registered a case against 26 people, including a sub-registrar, for allegedly orchestrating the illegal sale of 15 acres of government-owned land belonging to the Animal Husbandry Department.
Continue Reading
November 26, 2025
Maharashtra Eases Land Fragmentation Rules; 60 Lakh Families to Receive Ownership Relief
The Maharashtra government has introduced major reforms to ease land fragmentation restrictions, enabling the legalisation of thousands of small land parcels.
Continue Reading
November 19, 2025
A Complete Guide for NRIs: What NA Land You Can Buy in India
Non-Resident Indians (NRIs) are increasingly looking at non-agricultural (NA) plots in India as a stable and high-growth investment.
Continue ReadingRecent Posts
Tags
Bhunaksha,
genuine plots,
Land For Sale,
Maharashtra Bhunaksha,
plots for sale,
Gunthewari,
Gunthewari Land,
Gunthewari Rules,
Extract Documents,
Plots and Lands,
Saat Baara,
Extract Saat,
Baara Utara,
Jamabandi,
property tax payments,
Gram Panchayat,
lower prices,
non-agricultural land,
Lower Investment Cost,
Gram Panchayat lands,
Fresh Land Settlements,
Growing demand,
affordable homes,
genuine p,
legal Land,
bungalow plots,
Konkan,
Maharashtra,
Purandar,
Pune,
Karnataka,
Bangalore,
Farm Land,
Kolkata,
Rajarhat,
Indore,
Chhatrapati Sambhajinagar,
Aurangabad,
Mundhwa,
Agricultural Land,
Farmhouse Plot,
Rules And Penalties,
Residential Plots,
NA PLots,
Residential NA Plots,
Commercial NA Plots,
Animal Husbandry Land,
Tathawade,
