Arvind Subramanian, Managing Director & CEO, Mahindra Lifespace Developers Ltd., said, “Pimpri is one of the thriving hubs of Pune with a growing demand for high-quality residential and commercial spaces. This latest land acquisition will be our fifth project in the micro-market. It comes on the heels of the acquisition of 3.26 acres that we concluded in March 2022 and signals our intent to deepen our presence in the locality.”

The site is strategically located and offers well-developed social infrastructure with educational institutes,healthcare facilities, and retail avenues in proximity. This project is close to the existing residential projectsof Mahindra Lifespaces – Mahindra Royale, Mahindra Antheia and Mahindra Centralis – all of which are fully sold.

Located on the Old Mumbai-Pune highway, the project site is close to established transport infrastructure for superior rail and road connectivity i.e., National Highways (Old Mumbai-Pune Highway and NH 60 – Pune-Dhule-Nasik), Railway Station (Kasarwadi and Pimpri), Bus Stop (Pimpri Chowk) and Metro Station (Sant Tukaram Nagar). Mahindra Lifespaces expects to launch the first phase of the project within the next twelve months.

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