Mahindra Lifespaces Launches Rivenza in Mahalunge, Pune

Mahindra Lifespace Developers announced the launch of Mahindra Rivenza in Baner Annex, Mahalunge, Pune, on October 6, 2026. The residential development spans 13.46 acres, and the launch announcement describes 1,236 residences in Phase 1 across 2, 3 and 4 BHK configurations. The project has an overall gross development value of approximately ₹3,500 crore.

The launch follows the developer’s October 2025 announcement that it had acquired 13.46 acres in the Nande-Mahalunge neighbourhood. Registration records identify two phases, while the launch announcement’s Phase 1 residence count uses a different grouping from the unit figures recorded for the individual phases. The project is listed as New Launch.

The details of Mahindra Rivenza

Mahindra Rivenza is planned with 2, 3 and 4 BHK homes. The launch announcement counts 1,236 residences in Phase 1; registration records list 612 units in Phase 1 and 654 in Phase 2. Together, those registration figures total 1,266 units. The project information also identifies 2.65 lakh+ sq. ft. of amenities, more than nine acres of landscaped green space and a clubhouse spanning over 44,000 sq. ft.

The registrations reported for the project are:

• Phase 1: PR1261012602102, registered on October 1, 2026, with MahaRERA.
• Phase 2: PM1261012602103, registered on October 1, 2026.

Phase 1’s reported RERA possession date is December 30, 2031. Amenities announced for the development include a swimming pool with a sunken bar, signature giant swings, stargazing hammocks, a gymnasium, badminton courts, a squash court and a pickleball court. Cycling and jogging tracks, a library with a glass roof and views, and a children’s play area are also part of the announced offering.

The developer says the project is envisaged as a Net Zero Waste development and has an IGBC pre-certified Gold rating. Further project details are available on the Mahindra Rivenza project page.

The location

Mahindra Rivenza is in Baner Annex, Mahalunge, in the Nande-Mahalunge neighbourhood of Pune. The developer’s land-acquisition announcement described the site as next to the Hinjewadi area, with access to Hinjewadi. It also pointed to the proposed PMRDA Town Planning Scheme and upcoming Pune Inner Ring Road as planned connectivity infrastructure.

Delhi Public School, Mahindra International School and Symbiosis Centre for Management were named among educational institutions in the area in the land-acquisition announcement. The Hinjewadi–Shivajinagar Metro Line 3 has also been identified in PMRDA updates: project work time was extended to March 31, 2026, and a June 2026 document discussed partial opening plans.

The developer

Mahindra Lifespace Developers was established in 1994. Its published corporate story cites more than 25.3 million sq. ft. of completed, ongoing and upcoming developments across seven Indian cities. That dated portfolio figure provides context for the company’s Pune expansion, which also includes Mahindra Happinest Tathawade, named in its October 2025 announcement.

What comes next

The project’s next milestones will be shaped by development following its October 2026 launch and registration of the two identified phases. The reported Phase 1 possession date is December 30, 2031. The proposed Town Planning Scheme and Inner Ring Road are part of the locality’s planned infrastructure context; the Hinjewadi–Shivajinagar Metro Line 3 has been subject to PMRDA work and opening updates.