MAHINDRA CODENAME SANCTUM — New Project Coming Up in Pimpri, Pune
Three New Towers Coming to Mahindra Citadel
Mahindra Lifespace Developers Limited has announced the launch of a new phase at Mahindra Citadel, an expansive residential development spread across approximately 9.66 acres in Pimpri-Chinchwad, Pune with a Gross Development Value of nearly ₹2,500 crore. This phase comprises Towers E, F & G, introducing premium 2 and 3 BHK residences thoughtfully designed to elevate modern urban living.
The Project Overview
Mahindra Lifespaces has officially announced Codename Sanctum as a new phase at Mahindra Citadel, featuring Towers E, F, and G with limited 2 & 3 BHK residences. The project comprises 3 launch towers within an 11-tower master plan. The GDV for this phase is expected to be approximately 800-850 crore.
Pricing and Configuration
2 & 3 BHK residences are available starting ₹1.15 Cr. Additional market data indicates that 2 BHK homes are priced from ₹1.09 Cr (743 sq. ft. carpet) and 3 BHK homes from ₹1.59 Cr (1094 sq. ft. carpet).
Strategic Positioning Within Citadel
Mahindra Citadel has long stood as one of Pimpri's most distinguished communities — eleven thoughtfully planned towers set amid open landscapes and a flagship clubhouse. Codename Sanctum is the next chapter: three new towers carved into this mature setting, offering a more intimate residential experience without leaving the comforts of an established neighbourhood.
Location and Connectivity
Residents benefit from Sant Tukaram metro station being at doorstep, easy access to major transit routes such as the Old Mumbai-Pune Highway and the Pune-Dhule-Nasik Highway. Key transportation hubs, including Kasarwadi and Pimpri railway stations, Pimpri Chowk bus stop is all conveniently nearby.
Pimpri boasts seamless connectivity to Pune's key areas through the Pune-Mumbai Expressway and the Old Pune-Mumbai Highway. The Pune Metro expansion further enhances the ease of commuting, connecting Pimpri to prominent localities like Shivajinagar and Swargate.
The Pimpri-Chinchwad Context
Pimpri, located in Pune's industrial and commercial belt, has gained attention as one of the city's fastest-developing real estate hubs. Excellent connectivity, robust infrastructure, and the presence of top-tier developers make it an attractive destination for homebuyers and investors.
The presence of MIDC, Hinjawadi IT Park, and Talawade IT Park nearby attracts a steady influx of professionals looking for property in Pimpri. Pimpri Chinchwad sits within a reasonable commute of Hinjewadi, widening its appeal beyond just the immediate industrial workforce. The broader Pune Ring Road programme is expected to further improve connectivity for the PCMC belt, compounding the metro-driven appreciation case.
With over 100,000 new properties added in the last five years, the area now hosts approximately 6.3 lakh properties, making it one of the most active real estate markets in Maharashtra.
About Mahindra Lifespace Developers
Established in 1994, Mahindra Lifespace Developers Ltd. brings the Mahindra Group's philosophy of 'Rise' to India's real estate and infrastructure industry through thriving residential communities and enabling business ecosystems.
The Company's development footprint spans 38.49 million sq. ft. of completed, ongoing and forthcoming residential projects across seven Indian cities; and over 5000 acres of ongoing and forthcoming projects under development / management at its integrated developments / industrial clusters across four locations.
The developer has a multi-decade Pune track record, and its earlier projects in this exact Pimpri micro-market (Royale, Antheia, Centralis) all sold out.
The zero-abandonment record across 38 projects and 32 million sqft is genuinely industry-leading. Most major Indian developers have at least one project in their history that was either abandoned, sold to another developer mid-construction, or fundamentally restructured – Mahindra has none.