Mahindra Lifespace Developers Ltd., the real estate and infrastructure development arm of the Mahindra Group, has received more than 200 applications for Mahindra Happinest Kalyan - 2 within four weeks of its launch. The project was conceived with the intent of ensuring holistic, physical, mental and social health of the residents, making this India's first 'Health Sampanna Homes'. Mahindra Happinest Kalyan - 2 is also the first value housing project in India to be registered for IGBC health and wellness certification.
With the purpose of ensuring that every homeowner gets access to quality healthcare services, Mahindra Lifespaces has partnered with Care Health Insurance to extend Group Health Insurance cover to all home buyers.
More than fifty-five carefully selected amenities at Mahindra Happinest Kalyan - 2 will cater to the social, mental and physical health of residents. Moreover, in an industry-first innovation, homebuyers at Mahindra Happinest Kalyan - 2 will be able to choose from among a set of unique pay-per-use amenities - a hobby room, guest room and an exhibition room, via the 'MySeries' offering.
Viral Oza, Chief Marketing Officer, Mahindra Lifespace Developers Limited said, "Mahindra Happinest Kalyan - 2 is a project that stands true to our band purpose of 'Crafting Life'. The product is conceived from deep consumer understanding and anticipating their needs. The idea behind this project was to revolutionize the core philosophy of homes, which has remained untouched for decades. Mahindra Happinest Kalyan - 2 promises holistic well-being of our customers that includes mental, physical and social wellness thereby leading Health Sampanna life!"
Vimalendra Singh, Chief Sales & Service Officer, Mahindra Lifespace Developers Limited, said, "The Kalyan micro-market has once again shown confidence and faith in Mahindra Lifespaces with the overwhelmingly positive response which is also an indication of changing customer preference when it comes to building homes. At Mahindra Lifespaces, we are focused on offering best-in-category products with value-added services that enables our customers to live a full life. We look forward to doing our best to ensure our customers are delighted with their decision of entrusting us with one of the key responsibilities of building their home, thereby crafting life!"
Phase 1 of Mahindra Happinest Kalyan - 2 comprises four towers, with close to 900 apartments in 1 BHK and 2 BHK configuration. Homes in the project are priced Rs. 35.45 lakh onwards. The project is strategically located off Mumbai-Nashik expressway, offering excellent metro-road-rail connectivity. The proposed Rajnouli metro station is located 2 min. away and the project is in close proximity to the upcoming 12-lane Virar-Alibaug multimodal corridor, which will provide easy access to important highways such as the Mumbai-Delhi Highway (NH-8), the Delhi-Mumbai-Bangalore Highway (NH-48), and the Mumbai-Pune Expressway.
Keeping sustainability at its core, Mahindra Happinest Kalyan - 2 has embraced climate responsive design to ensure adequate light and ample ventilation in all homes. The project offers unique measures that reduce utility costs via energy efficient walls, low flow water fixtures, rainwater harvesting, and solar panels; other features include low-VOC paints for improved indoor air quality; treated organic waste for landscaping; and waste segregation at every level. Moreover, with 500+ trees within the project, the residents can enjoy the peace and quiet of the natural green cover.
Mahindra Happinest marked its presence in the micro-market of Kalyan in 2019. The introductory project, Mahindra Happinest Kalyan was the fastest-selling value housing project in the micro market in 2019-20 and has already sold over 90 percent of the total inventory in its project well ahead of its planned completion.
Shares of Mahindra Lifespace Developers Limited was last trading in BSE at Rs. 290.70 as compared to the previous close of Rs. 295.35. The total number of shares traded during the day was 6247 in over 343 trades.
The stock hit an intraday high of Rs. 298.70 and intraday low of 288.15. The net turnover during the day was Rs. 1843888.00.