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flag Mahindra Lifespaces launched a ₹3,000 crore mixed-use residential project in Mumbai, aiming for premium, nature-focused living with strong future revenue potential.

flag Mahindra Lifespaces has launched Mahindra Rainforest, a ₹3,000 crore mixed-use residential project in Kanjurmarg, Mumbai, spanning 25.47 acres on LBS Marg. flag Developed by its subsidiary Anthurium Developers, the project is part of a larger ecosystem integrating homes, retail, and commercial spaces, situated on a 36.87-acre parcel acquired via a joint development agreement. flag Located near major transport routes, including the Eastern Express Highway and Metro Line 4, the development is positioned as a premium, nature-focused living destination. flag The launch coincided with a 1.34% rise in the company’s stock, though it has reported losses for eight consecutive quarters. flag The project is expected to contribute significantly to revenue, with a gross development value of ₹3,000 crore from its first two phases.

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