Mumbai Realty
Mahindra Lifespaces Adds Two Borivali Societies to Redevelopment Portfolio
Mahindra Lifespace Developers added two housing societies in Borivali to its Mumbai residential redevelopment portfolio, the company announced on 30 September 2026. The announcement also covered one society added to an existing Chembur redevelopment project; the combined potential GDV for the Borivali and Chembur additions is ₹1,500 crore.
| Developer | Mahindra Lifespace Developers Limited |
|---|---|
| Borivali project | Residential redevelopment involving two housing societies |
| Location disclosed | Borivali, Mumbai, Maharashtra |
| Status | Upcoming portfolio addition; the announcement does not establish a sales launch or construction start |
| Announcement date | 30 September 2026 |
| Combined potential GDV | ₹1,500 crore for the Borivali and Chembur additions together |
Portfolio addition, not a confirmed sales launch
As of October 2026, the Borivali redevelopment is listed as upcoming. Mahindra Lifespace Developers’ announcement concerns the addition of two societies to its redevelopment portfolio. It does not establish that the project has opened for sales or that construction has begun.
The company announced the portfolio additions on 30 September 2026. Its newsroom published the release on 7 October. The separate Chembur society is an addition to an existing Chembur redevelopment project, rather than evidence of a second new project.
Project details and value
The disclosed Borivali scope is a residential society redevelopment involving two societies. The announcement does not provide a confirmed project name or details about home configurations, unit sizes, towers or amenities.
The ₹1,500 crore figure is the combined potential gross development value (GDV) for the Borivali and Chembur additions. It is not a Borivali-only GDV or a residential selling-price band.
Location context
The disclosed location is Borivali, Mumbai, Maharashtra. The project announcement does not identify a specific Borivali road, sector or East/West designation. The available project information does not set out nearby transport links or infrastructure details.
Mahindra Lifespace Developers said the additions expand its redevelopment portfolio across established Mumbai locations. The announcement does not provide project-specific pricing or a possession timeline.
Frequently asked questions
What is the status of the Mahindra Lifespaces Borivali redevelopment?
As of October 2026, it is an upcoming redevelopment-portfolio addition. The announcement does not establish a sales launch or construction start.
How many societies are part of the Borivali project?
Two housing societies are included in the Borivali redevelopment project.
What does the ₹1,500 crore figure refer to?
It is the combined potential GDV for the Borivali and Chembur additions announced by Mahindra Lifespace Developers.
Is the Chembur society part of a second new project?
The Chembur society is an addition to an existing Chembur redevelopment project.