Mahindra Vista Phase 2 Launch in Kandivali with 599 Premium Residences
Phase 2 Launch Brings 599 Premium Residences to Kandivali
Mahindra Lifespace Developers Limited announced the launch of Phase 2 of Mahindra Vista, India's first Net Zero Waste + Energy residential project in Kandivali East, Mumbai on February 10, 2025. The phase introduces 599 premium residences with a potential pre-sales value of almost Rs1,200 crore.
The launch follows Phase 1's success, which generated ₹800 crore in just three days. Based on customer demand, Mahindra accelerated the Phase 2 timeline.
Design and Sustainability Focus
Spread across 7.74 acres, Mahindra Vista exemplifies sustainable living with a low tower footprint of under 12% and expansive green spaces. The phase introduces 599 premium residences, with all units featuring balconies designed to meet the evolving aspirations of urban homebuyers.
The development includes 1.92 acres of landscaped greens and an additional 1.6 acre podium top adorned with a signature-designed colonnade and an infinity-edge pool. Residents will enjoy a state-of-the-art, biophilic-roof clubhouse spanning 28,000 sq. ft., alongside high-street retail and convenient shopping options.
Location and Connectivity
Located in Kandivali East, Mahindra Vista enjoys proximity to key infrastructure and connectivity advantages, with residents benefiting from easy access to Akurli Road, the upcoming DP Road, and major transportation networks, including highways, rail, and metro services. The project overlooks the serene Sanjay Gandhi National Park, offering a unique blend of tranquility and urban convenience.
Kandivali East provides excellent connectivity via Western Express Highway, Mumbai Metro Lines 2 & 7, and Kandivali Railway Station. Properties in the area have shown strong appreciation potential, with growth of 4.8% in the last year and 26.2% over five years.
About Mahindra Lifespaces
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. of completed, ongoing and forthcoming residential projects across seven Indian cities, and over 5000 acres of ongoing and forthcoming projects under development or management at its integrated developments and industrial clusters across four locations.
As a pioneer in Net Zero homes in India, Mahindra Lifespaces has already launched India's first three Net Zero residential developments: one Net Zero Energy and two Net Zero Energy+ Waste. With a 100% Green portfolio since 2014, the company is working towards carbon neutrality by 2040.
Mahindra's expansion in Kandivali builds on the success of Mahindra Vista, strengthening the company's presence in one of Mumbai's most promising residential destinations. In June 2026, the company acquired a 15-acre land parcel in Kandivali East, planning a large-scale housing project with a projected Gross Development Value of around ₹5,600 crore and a development potential of approximately 1.8 million sq ft.
Market Context
Kandivali East has emerged as one of Mumbai's most sought-after residential micro-markets due to its strategic location, improving infrastructure, and robust social amenities. The Borivali–Thane Twin Tunnel is expected to substantially reduce travel time between Mumbai's western suburbs and Thane, improving regional connectivity and supporting economic growth in the area.