Real Estate

Mahindra Real Estate: Urban Living and Sustainability

The real estate industry is advancing as more people prioritize eco-friendly, energy-efficient, and future-ready homes. Buyers seek affordable housing projects in India that offer green-certified housing with modern amenities, community living, and environmentally responsible features.

​Responding to the growing demand for sustainability, Mahindra Lifespaces entered the real estate sector in 1994 as a trusted green building developer. Mahindra delivers affordable housing projects, luxury residential projects, and integrated business hubs that combine quality, environmental responsibility, and inclusive urban design.

Major Projects and Development by Mahindra Group

Mahindra Group has established a strong presence across India, with flagship projects in cities such as Mumbai, Pune, Bengaluru, Hyderabad, and Chennai.

​Known for their focus on innovation and sustainable living, these certified green homes cater to a diverse set of homebuyers, from value-conscious buyers seeking affordable housing projects to premium clients looking for modern amenities.

Key Offerings:

1. ​Residential Projects

Mahindra’s Lifespaces has thoughtfully designed apartments, villas, and townships that prioritize comfort, modern architecture, and eco-friendly living practices.

• Mahindra Happinest Pune - An affordable township offering modern apartments with green spaces and community amenities.

2. Integrated Townships

These self-sufficient urban communities combine homes with schools, hospitals, retail, offices, and leisure facilities, giving residents a complete live-work-play environment.

• Mahindra World City, Chennai - A fully integrated township with residential zones, business parks, schools, and recreational areas.

3. Industrial Clusters

Origins by Mahindra has developed world-class industrial and commercial hubs that promote business growth, connectivity, and sustainable urban planning.

• Origins by Mahindra (Chennai) - a multi-sector industrial cluster with modern infrastructure and IGBC Platinum certification for engineering, aerospace, and logistics companies.

Mahindra’s Footprint in Real Estate Across Urban Cities

From luxury residential projects to affordable housing projects, the Mahindra Group has made a lasting impact on India’s real estate industry. Their housing projects have created communities that blend modern living with sustainability and environmental responsibility.

Mahindra Happinest

Mahindra Happinest, launched under Mahindra Lifespaces Developers Ltd., established in 1994, offers affordable and well-designed homes for first-time buyers and urban middle-income families.

• Each township blends comfort, convenience, and eco-conscious living, with green open spaces, energy-efficient designs, and integrated waste management systems.
• ​With a first-of-its-kind “Happiness Quotient Approach", Mahindra Happinest focuses on building homes and creating well-being-oriented communities.
• ​Mahindra Happinest projects are situated across key urban and suburban regions in India, including Pune (Tathawade), Kalyan, Palghar, Boisar, and Chennai (Avadi), offering affordable housing in well-connected, fast-growing residential hubs.

Mahindra Lifespaces

Since its establishment in 1994, Mahindra Lifespaces has led the way in developing affordable and luxury residential projects in India’s top urban centers.

​Since 2014, Mahindra Builders has maintained a 100% green portfolio and developed Net-Zero energy and waste homes. These initiatives are based on its commitment to eco-friendly construction, energy efficiency, and building sustainable, future-ready urban communities.

• ​The flagship projects include L’Artista in Pune, Kadugodi in Bengaluru, Lakewoods in Mahindra World City Chennai, NewHaven in Bengaluru, and Vivante in Andheri, Mumbai, among others.
• ​These projects are located near IT corridors, metro hubs, and urban centers; these homes are highly desirable for lifestyle and investment, with a strong focus on sustainability and eco-luxury.

​With a large development footprint and many completed, ongoing, and upcoming projects, Mahindra Lifespaces is a trusted developer for both quality and sustainability.

Mahindra World City

Mahindra World City (MWC) drives this business vertical, developing large, master-planned townships that seamlessly integrate industrial, commercial, and residential zones, offering a well-rounded ecosystem where residents can live, work, and thrive.

The key integrated cities are:

1. ​Mahindra World City in Chennai was established in 2002 and spread over approximately 1,500 acres. This project has multi-sector SEZs, including IT, auto ancillaries, and apparel, along with a Domestic Tariff Area.

The housing project offers comprehensive social infrastructure such as schools, hospitals, retail spaces, and expansive green areas, creating a balanced environment for work, living, and recreation.

2. Mahindra World City in Jaipur, inaugurated around 2007, spans ~3,000 acres and is a joint venture with RIICO. This master-planned integrated city combines industrial, commercial, and residential zones, with multi-sector SEZs, domestic tariff areas, social infrastructure, and green spaces, offering excellent connectivity and fostering economic growth.

Mahindra’s Approach to Smart and Sustainable Housing

The future of urban living lies in spaces that strike a balance between people, nature, and innovation. Mahindra Lifespaces is redefining real estate by integrating sustainability, smart technology, and eco-conscious design into its developments.

Key Initiatives Include:

1. Green Building Adoption

Every Mahindra project is designed with environmental responsibility in mind. They have earned certifications such as green certified homes from the Indian Green Building Council (IGBC) or LEED. As a leading green building developer, Mahindra Lifespaces has made sustainability central to all housing projects.

2. Water and Energy Conservation

Mahindra Properties integrates solar power, rainwater harvesting, efficient lighting, and water recycling systems throughout its housing projects. These initiatives reduce resource consumption and make communities resilient and self-sustaining, whether in affordable housing projects or luxury residential projects.

3. Waste Management

From construction to daily operations, Mahindra builders follow robust waste management practices, including segregation, recycling, and safe disposal, minimizing environmental impact and supporting circular economy principles.

4. Real Estate Technology (Proptech)

Mahindra housing projects go beyond green practices by embracing cutting-edge technology. Using digital tools for planning, design, and construction, they offer homebuyers virtual tours, smart home solutions, and project monitoring platforms, creating a transparent, interactive, and seamless experience.

Mahindra Lifespaces: Financial & Strategic Expansion

Mahindra Lifespaces has shown strong growth across residential, commercial, and industrial sectors. This reflects a commitment to sustainable real estate development and high-quality, future-ready urban projects.

​Key Highlights in Growth and Performance:

1. Pre-sales & Gross Development Value (GDV)

Buyers continue to show strong confidence in Mahindra housing through robust pre-sales and GDV, reinforcing the company’s reputation as a trusted developer of apartments, villas, and integrated townships.

2. Land Acquisitions & Leasing

Through strategic land acquisitions and leasing, Mahindra Builders actively expands its presence in residential, commercial, and industrial markets, driving sustained long-term growth.

3. Developmental Footprint

Millions of square feet are under development across urban centers, including residential townships, commercial hubs, and mixed-use projects that show its ability to deliver high-quality developments.

Where Sustainability Meets Modern Living

Mahindra Projects continues to build communities that people are proud to call home by delivering affordable housing projects in India, luxury residential projects, and green-certified homes.

The developments have expanded steadily across urban centers, creating sustainable real estate developments that integrate thoughtful design, modern amenities, and eco-friendly practices.