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Mahindra Lifespace Developers launches new phase at Mahindra Citadel in Pune

20 May 2026 Evaluate

Mahindra Lifespace Developers has launched a new phase at Mahindra Citadel, an expansive residential development spread across around 9.66 acres in Pimpri-Chinchwad, Pune with a Gross Development Value (GDV) of nearly Rs 2,500 crore. This phase comprises Towers E, F & G, introducing premium 2 and 3 BHK residences thoughtfully designed to elevate modern urban living. The GDV for this phase is expected to be around Rs 800-850 crore.

The residences feature expansive terrace-style decks, views of the Military Farms, creating a sense of openness and tranquillity within a well-connected urban setting. The homes are designed to maximise natural light, ventilation, and spatial comfort, catering to the evolving preferences of modern homebuyers.

The new phase reflects the company’ commitment to sustainability and thoughtful urban development, offering 30+ premium amenities curated to promote wellness, recreation, and community living. Key highlights include a half Olympic-size swimming pool, indoor community hall, and two badminton courts, alongside multiple lifestyle amenities designed to foster a balanced and vibrant lifestyle.

Mahindra Lifespace Developers brings the Mahindra Group’s philosophy of ‘Rise’ to India’s real estate and infrastructure industry through thriving residential communities and enabling business ecosystems.

Peers
Company Name CMP
Lodha Developers 1070.10
Prestige EstatesProj 1425.00
Dilip Buildcon 398.00
DLF 621.00
Oberoi Realty 1668.30
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