MAHINDRA LIFESPACES MURUD — New Project Coming Up in Murud, Alibaug

Mahindra Lifespaces Enters Murud with New Residential Development

Mahindra Lifespaces Murud is located in Murud, Raigad district, near Alibaug and close to Mumbai. The project represents the developer's expansion into one of Maharashtra's fastest-growing coastal real estate corridors.

Project Scope and Configuration

The project will offer 2 BHK and 3 BHK apartments with well-planned layouts, modern finishes, and ample natural light, designed for comfortable family living. The exact number of units will be announced soon.

Connectivity and Location Advantages

The project enjoys good connectivity to Mumbai and Navi Mumbai by road and ferry, along with easy access to schools, hospitals, markets, and tourist attractions. The Mumbai Trans Harbour Link, a 21.8-kilometer engineering marvel, has reduced travel time from Mumbai to Alibaug from 2 hours to 45 minutes. This infrastructure improvement has significantly enhanced accessibility to the broader Alibaug region, of which Murud is a part.

Market Context: Alibaug's Transformation

Alibaug has transformed from a seasonal weekend destination into a high-conviction luxury real estate market, backed by India's leading developers. The coastal town is witnessing strong momentum driven by infrastructure development, rising tourism, growing second-home demand and limited land availability, with land values projected to appreciate by 3 to 3.5 times over the next five to six years.

Mahindra Lifespaces has launched Mahindra Meridian, an 11.8-acre villa and plotted development offering 3BHK and 4BHK villas in the same micro-market, underscoring the developer's multi-format presence in the region.

Developer Background

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 53.65 million sq. ft. (saleable area) 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 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. The 5-7 month average delivery delay versus the industry's 11-14 month average is also a meaningful out-performance.

As a pioneer in Net Zero homes in India, Mahindra Lifespaces is committed to building only Net Zero homes from 2030 onwards. The company has already launched India's first three Net Zero residential developments: One Net Zero Energy and two Net Zero Energy+ Waste.

RERA Registration

Yes, Mahindra Lifespaces Murud will be registered under RERA to ensure full transparency, legal safety, and peace of mind for buyers.