Mahindra Lifespace Developers Limited, the Mahindra Group’s real-estate and infrastructure arm, was established in 1994. The company reports a residential development footprint of 53.65 million sq. ft. across completed, ongoing and forthcoming projects in seven Indian cities. Its current Baner Annex, Mahalunge project is Mahindra Rivenza, a residential development announced on October 6, 2026.
Rivenza is planned across 13.46 acres, with Phase 1 introducing 1,236 homes in 2, 3 and 4 BHK configurations. The launch announcement gives the development an approximate gross development value of ₹3,500 crore. The project’s location off Baner–Hinjewadi Road puts Mahindra’s new Pune offering in a west-Pune corridor positioned between Baner’s established services and Hinjawadi’s employment hubs.
Mahalunge’s appeal is closely tied to access to Baner, Balewadi and Hinjawadi. Those destinations bring together offices, retail and day-to-day services, while the Baner–Hinjewadi road provides a direct local connection from the project area. The developer’s launch announcement identifies Hinjawadi and Baner employment hubs, GCCs and established social infrastructure as relevant demand drivers for Baner Annex.
The wider Mahalunge–Maan belt is also associated with planned urban expansion, but infrastructure delivery and travel conditions can vary by route and destination. Buyers considering Mahindra Rivenza should assess their own commute and the specific services they use; proximity to a corridor or employment hub does not by itself establish journey time or direct transit access.
The publicly announced facts make Rivenza a substantial, multi-configuration Mahindra Lifespaces entry into Baner Annex: 2, 3 and 4 BHK homes, with Phase 1 announced at 1,236 units across a 13.46-acre development. The developer’s project listing shows an advertised starting price of ₹93 lakh+. That figure is a listed starting point, not a configuration-wise price schedule.
For a buyer, the key local question is how the project’s location off Baner–Hinjewadi Road fits a regular route to work and the established services of Baner and Balewadi. The project announcement identifies those connections and demand drivers, while the published project information establishes the configurations and Phase 1 scale.