Where the Mula Mutha Riverfront Meets East Pune's Most Connected Address
2, 3 & 4 BHK · Starting ₹97 Lakhs onwards
Mahindra IvyLush is a riverside, high-rise residential development by Mahindra Lifespace Developers Limited — the real estate and infrastructure arm of the Mahindra Group — situated in Kharadi Annex, Sector R-14, Wagholi, East Pune. Launched in its first phase in late 2024 under the codename Crown, the project spans 5.5 acres on the bank of the Mula Mutha River and rises across five towers of 31 floors each, housing 450 homes in 2, 3, and 4 BHK configurations.
The project sets aside more than 80 percent of its land for open space and greenery, a deliberate choice that keeps the community airy, naturally lit, and close to the river environment. Two dedicated clubhouses totalling 50,000 sq ft are designed with biophilic roof gardens, drawing the landscape upward into the building fabric rather than treating it as an afterthought. The sense of place is one of calm density — generous, considered, and oriented toward the outdoors.
Homes at IvyLush are designed around climate-responsive principles: spacious decks, enhanced cross-ventilation, senior-friendly washrooms, and walk-in wardrobes that reflect the practical thinking Mahindra Lifespaces has embedded in its residential portfolio since 1994. The 2 BHK variants range from 769 sq ft to 866 sq ft, the 3 BHK from 1,114 sq ft to 1,237 sq ft, and the 4 BHK from 1,598 sq ft upward — all sized to accommodate real family life rather than just floor-plan photographs. A standalone premium 4 BHK tower rounds out the configuration offering with private garden units on the ground level.
Mahindra Lifespaces has maintained a 100 percent green portfolio since 2014 and has committed to building only Net Zero homes from 2030 onward, having already delivered India's first three Net Zero residential developments. IvyLush carries that design ethic into Kharadi Annex at a moment when East Pune is seeing its fastest infrastructure investment in a decade — a new metro corridor cabinet-approved in June 2025 will extend the Aqua Line from Ramwadi to Wagholi, directly serving this address upon completion.
IvyLush represents Mahindra Lifespaces' most significant apartment project in Pune to date, and an opportunity to own in a riverfront integrated township that is still in its formative years. Enquire to arrange a site visit or to receive the detailed cost sheet for your preferred configuration.
Starting from Rs. 97 Lakhs onwards
| Configuration | Size | Starting Price |
|---|---|---|
| 2 BHK Compact riverside homes with deck, utility, and cross-ventilation design | 769–866 sq.ft. | Rs. 97 Lakhs |
| 3 BHK Three variants including Spacia, Grande, and Ultra with east-facing options | 1114–1237 sq.ft. | On Request |
| 4 BHK Premium standalone tower units including private garden apartments on ground level | 1598–1821 sq.ft. | On Request |
Detailed master plan and unit-wise floor plans available on request.
Sector R-14, Integrated Township, Village Wagholi, Pune 412 207 · Kharadi Annex · Pune
Kharadi Annex sits at the eastern edge of Pune's most active commercial corridor, where the Kharadi IT hub and the World Trade Center are within 4 kilometres. The locality is accessed via Kharadi-Mundhwa Road and the Ahmednagar-Pune Highway, placing residents within straightforward reach of Viman Nagar, Hadapsar, and Koregaon Park. Ramwadi Metro Station, the current eastern terminus of Pune Metro's Aqua Line, is the nearest rail point, and the Union Cabinet has approved a Ramwadi-to-Wagholi extension that will bring a metro station directly to the neighbourhood once complete.
Mahindra IvyLush occupies Sector R-14 of an integrated township in Village Wagholi, developed on the bank of the Mula Mutha River. The site keeps over 80 percent of its 5.5 acres as open green space, framing river views against a skyline of 31-floor towers. Eon IT Park is 3.6 km away, Mundhwa is 6.4 km, and Pune International Airport is accessible along Nagar Road. Schools including Wellington College International Pune, EuroSchool Kharadi, and Poddar International School are within the immediate social fabric.
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The Union Cabinet approved in June 2025 the Ramwadi-to-Wagholi metro corridor (Corridor 2B), an 11.63 km elevated extension with 11 new stations that will bring direct metro access to the Kharadi-Wagholi belt upon completion.
Pune Municipal Corporation's new arterial road linking Charholi and Wagholi will provide a direct route toward Pimpri-Chinchwad, decongesting Kharadi Bypass Chowk and cutting cross-city travel times for Wagholi residents.
The Kharadi micro-market, 3.6 km from IvyLush, continues to attract major technology occupiers, with property prices in the area appreciating 47 percent over the last five years, reinforcing the employment catchment directly serving this address.
The Pune Metropolitan Region Development Authority's proposed ring road encircling Pune and PCMC is planned to integrate Wagholi as a node, improving freight and commuter movement across the metropolitan boundary and reducing arterial congestion on Nagar Road.
A proposed EON Metro Station near Kharadi's tech district, aligned with the Aqua Line extension plan, is expected to serve the Kharadi-Wagholi employment corridor directly once the Phase 2 extension is built out.
IvyLush is developed on the bank of the Mula Mutha River in an integrated township sector, offering over 80 percent of its land as open green space. This is a rare site configuration for a high-rise project in East Pune, giving residents greenery and river views that are not replicable on smaller urban plots.
Established in 1994 and operating across seven Indian cities with a development footprint of over 39 million sq ft, Mahindra Lifespace Developers brings institutional-grade delivery track record to IvyLush — the company's biggest apartment project in Pune by scale and unit count.
Phase 1 of IvyLush, launched as Mahindra Codename Crown, recorded very strong sales that prompted the Phase 2 launch of Towers C and D in December 2024. Demonstrated buyer conviction in the same project de-risks the investment thesis for new entrants.
In June 2025, the Union Cabinet approved the Ramwadi-to-Wagholi metro extension under Pune Metro Phase 2. This 11.63 km corridor with 11 stations will bring mass rapid transit directly to the Kharadi-Wagholi belt, materially improving the long-term connectivity value of this address.
Rather than a single amenity block, IvyLush delivers two full-scale clubhouses — each with a biophilic roof garden — together totalling 50,000 sq ft of curated lifestyle infrastructure. This depth of amenity provision is unusual at this project scale in the Wagholi micro-market.
Mahindra Lifespaces has maintained a 100 percent green portfolio since 2014, is committed to Net Zero homes from 2030 onward, and has already launched India's first three Net Zero residential developments. Homes at IvyLush are built within that sustainability framework, with IGBC-aligned design norms applied across construction.
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