Mahindra Lifespaces Launches ₹3,000 Crore Project in Mumbai
Filing Summary
Mahindra Lifespace Developers Ltd. has launched the ‘Mahindra Rainforest’ project on LBS Marg, Kanjur, Mumbai. The development spans approximately 25.47 acres and includes residential, commercial, and retail spaces. The residential phases have an estimated Gross Development Value (GDV) of ₹3,000 crore. The project is developed by Anthurium Developers Limited, a wholly-owned subsidiary of Mahindra Lifespaces. It features 2 and 3 BHK residences and over 3.5 lakh sq. ft. of amenities. The project emphasizes sustainable design and connectivity to major infrastructure, including Metro Line 4.
Mahindra Lifespace Developers Ltd. has announced the launch of the ‘Mahindra Rainforest’ project, located on LBS Marg, Kanjur, Mumbai. This development is being undertaken by Anthurium Developers Limited, a wholly-owned subsidiary of Mahindra Lifespaces. The project covers approximately 25.47 acres and is designed as a mixed-use development, integrating residential, commercial, and retail spaces.
The residential phases of the ‘Mahindra Rainforest’ project have an estimated Gross Development Value (GDV) of approximately ₹3,000 crore. This financial figure highlights the scale of investment involved in the project. The development is positioned as a premium offering in Mumbai’s central suburbs, with a focus on creating an integrated lifestyle destination.
The project will feature 2 and 3 BHK premium residences, designed to cater to modern urban lifestyles. The residential township will include over 3.5 lakh sq. ft. of open amenities and clubhouse spaces, making it one of the largest in Mumbai. The development also includes over 7 acres of open green spaces. Amenities will encompass a clubhouse, fitness zones, jogging tracks, yoga and meditation areas, a library, children’s play zones, and community spaces. Retail conveniences are integrated within the development to support everyday needs.
The ‘Mahindra Rainforest’ project is strategically located with strong connectivity to major infrastructure. It is situated near the Eastern Express Highway, the Jogeshwari–Vikhroli Link Road (JVLR), and upcoming infrastructure such as the Goregaon–Mulund Link Road (GMLR) and an east–west connecting flyover in Bhandup. The project is also adjacent to Metro Line 4, with proximity to the interchange with Metro Line 6, providing seamless connectivity to the suburban rail network. The location offers convenient access to key business districts like BKC and Powai, supported by established social infrastructure, including schools, hospitals, malls, and entertainment hubs.
The project is being developed by Anthurium Developers Limited, a wholly-owned subsidiary of Mahindra Lifespace Developers Ltd. This subsidiary is responsible for executing the development plans and ensuring the project’s alignment with Mahindra Lifespaces’ strategic objectives.
Mahindra Lifespace Developers Ltd., established in 1994, is the real estate and infrastructure development arm of the Mahindra Group. The company focuses on creating thriving residential communities and enabling business ecosystems. Its development portfolio includes premium residential projects, value homes under the ‘Mahindra Happinest®’ brand, and integrated cities and industrial clusters under the ‘Mahindra World City’ and ‘Origins by Mahindra’ brands. Mahindra Lifespaces is committed to sustainability and innovation, with a goal to build only Net Zero homes from 2030 onwards.