MAHINDRA LIFESPACES KANDIVALI EAST 15-ACRE PROJECT — New Project Coming Up in Kandivali East, Mumbai
Greenfield Acquisition in Kandivali East
Mahindra Lifespace Developers Limited announced the acquisition of a 15-acre land parcel in Kandivali East, Mumbai on 19 June 2026. The project carries an estimated Gross Development Value (GDV) of approximately ₹5,600 crore with a development potential of around 1.8 million square feet.
The site is an open greenfield parcel acquired through a competitive bidding process, aligning with the developer's strategy of expanding in markets with strong end-user demand and long-term growth potential.
Location and Connectivity
Strategically located in Kandivali East, the land parcel benefits from excellent connectivity to the Western Express Highway and existing metro corridors. The location is supported by established social infrastructure, including schools, hospitals, and retail hubs, and continues to witness strong residential absorption driven by end-user demand.
The project's accessibility is expected to be further enhanced by the upcoming Borivali–Thane Twin Tunnel, a landmark infrastructure initiative that is set to significantly reduce travel time between Mumbai's western suburbs and Thane, strengthening regional connectivity and supporting the area's long-term growth prospects.
Mahindra Lifespaces in Kandivali
Vimalendra Singh, Chief Business Officer – Residential at Mahindra Lifespace Developers, noted that the developer is pleased to add this project to its growing Mumbai portfolio, building on the success of Mahindra Vista in the Kandivali micro-market and further strengthening its presence in one of Mumbai's most promising residential destinations.
Developer Track Record
Established in 1994, Mahindra Lifespace Developers Ltd. brings the Mahindra Group's philosophy of 'Rise' to India's real estate and infrastructure industry. The company operates through two verticals: residential projects under the 'Mahindra Lifespaces' and 'Mahindra Happinest' brands, and integrated cities and industrial clusters under the 'Mahindra World City' and 'Origins by Mahindra' brands.
Mahindra Lifespaces has delivered approximately 25 million square feet of residential space across its operating markets over its operating history, with the largest concentration in Mumbai and Pune. Across the full portfolio, the company has a clean zero-abandonment record.
Mahindra Lifespace Developers has been delivering green-certified homes by the Indian Green Building Council, embedding sustainability as a core principle across all its developments.
About Kandivali East
Kandivali East has emerged as one of Mumbai's expanding residential corridors in recent years. The area offers connectivity via the Western Express Highway and the Kandivali Railway Station, ensuring convenient commuting. Ongoing infrastructure projects, including road expansions and metro rail connectivity, enhance the overall appeal of the area, with improved infrastructure positively impacting property values and attracting both homebuyers and businesses.
Residents in the area enjoy proximity to essential amenities such as schools, hospitals, shopping centres, and parks. The suburb combines a relatively quieter atmosphere compared to the central city with residential developments, making it popular among families.