Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, has been chosen as the preferred development partner for a significant residential redevelopment project in Matunga, Mumbai. The project covers nearly 1.53 acres and carries a gross development value of about ₹1,010 crore, marking another strong step forward for the company in strengthening its position within Mumbai’s competitive micro-markets.
The upcoming redevelopment aims to completely transform the existing housing cluster into a modern residential community with upgraded infrastructure, contemporary architecture, and lifestyle-focused amenities. Situated in Matunga, the location offers excellent connectivity to major commercial and social hubs across Mumbai. The area is already known for its well-established residential character and its strategic proximity to Shivaji Park, reputed schools and colleges, top healthcare centres, vibrant retail zones, and an extensive network of transport options including metro links and arterial roads.
Mahindra Lifespaces plans to develop the project with a deep focus on sustainability and thoughtful urban design, staying aligned with its philosophy of building “Homes of Positive Energy.” Future residents are expected to benefit from improved infrastructure, better quality living spaces, and seamless connectivity to the rest of the city. With this Matunga project, the company continues to expand its redevelopment footprint across Mumbai, further reinforcing its presence in some of the city’s most established neighbourhoods.
