Mahindra Lifespaces Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, announced the launch of the third phase of Mahindra Happinest Tathawade, a first-of-its-kind ‘Fusion Homes’ residential development in Pune. With most of its Phase 1 & 2 inventory already sold out, this is one of the fastest-selling developments in the micro market of PCMC. Moreover, with Phase 1 construction ahead of schedule, possession of apartments is planned from 2025 onwards. Phase 3 of Mahindra Happinest Tathawade comprises exclusively of 2 BHK homes, ranging in carpet area from 619 SqFt to 702 SqFt., and priced 66 Lakh onwards.
As a part of this launch, Mahindra Lifespaces is also adding retail and commercial spaces within the development, ensuring convenience and a well-rounded destination for homebuyers. The retail inventory will be designed to offer a diverse range of options, featuring a mix of both medium and small-format retail. Mahindra Lifespaces is committed to strategically incorporating thoughtful amenities and services that enrich the overall living experience of the customer.
Also Read: Upcoming Residential Project: Godrej Woodsville, Hinjewadi
Vimalendra Singh, Chief Sales and Service Officer, Mahindra Lifespace Developers Ltd., said, “Pune is one of the leading residential destinations driven by end-user demand, and continues to remain a key market for us. The city’s robust performance with respect to improving social and urban infrastructure, increasing employment opportunities, and a growing demand for differentiated homes with sustainable lifestyles has been a key driver for the business. We got a very positive response for phases 1 & 2, and are confident of the performance of phase 3 with an integrated offering of retail and commercial spaces.”
Strategically located along the Mumbai-Pune highway, the development is situated in a highly coveted residential area and an educational hub within Pimpri-Chinchwad. It is in close proximity to the IT hub of Hinjewadi, various multi-specialty hospitals, and the proposed Hinjewadi Junction metro station. Additionally, upcoming developments in the area include a lifestyle mall and the forthcoming 170 km ring road, slated to encircle both Pune and PCMC. The area also offers connectivity to key transit points such as the Old Mumbai-Pune highway, Pune-Dhule-Nasik highway, railway stations (Kasarwadi and Pimpri), bus stop (Pimpri Chowk), and metro station (Sant Tukaram Nagar).
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