Mahindra Lifespace Developers Limited, the real estate and infrastructure development arm of the Mahindra Group, today announced the launch of an ultra-premium residential development Mahindra BeaconHill, in the coveted enclave of Mahalaxmi, South Mumbai. With potential GDV of approx. ₹1,650 crore, the development marks a defining addition to the city's most exclusive residential landscape.
Set across ~1.68 acres, Mahindra BeaconHill rises as a standalone 58-storey architectural landmark, envisioned for a select few who value privacy, scale, and exclusivity. The project comprises 198 expansive residences, offering impeccably designed 3, 3.5, and 4 BHK homes crafted for discerning homebuyers, seeking a prestigious South Mumbai address. The residences are thoughtfully planned to maximise natural light and cross ventilation, while offering expansive layouts, decks and panoramic views of the sea, the iconic Mahalaxmi Racecourse, and Mumbai's skyline.
Rooted in Mahindra Lifespaces' commitment to sustainable and future-ready development, the project integrates thoughtful design with environmental sensitivity. With over 32,000 sq. ft. of curated amenities, including, a first-of-its-kind simulated golf & bicycle experience and a signature rooftop lounge offering panoramic views of the city and sea, this development is designed to deliver a holistic experience-led lifestyle Commenting on the launch, Vimalendra Singh, Chief Business Officer - Residential, Mahindra Lifespace Developers Limited, said, "Mahindra BeaconHill marks our return to South Mumbai, a market that has always valued quality and long-term value. There has been strong demand for a trusted and credible brand like Mahindra Lifespaces in the region, and this development underscores our commitment to delivering homes that combine thoughtful design, exclusivity, and lasting relevance. Today's discerning homebuyers seek modern homes, privacy, and environments that elevate everyday living. With Mahindra BeaconHill, we are catering to this shift through a low-density, design-led offering crafted for a select few."
Located in South Mumbai, Mahindra BeaconHill benefits from its central location within one of Mumbai's most prestigious residential districts, offering proximity to key business hubs, premium social infrastructure, and cultural landmarks. Mahindra BeaconHill is set to become a new benchmark for an elevated lifestyle in South Mumbai bringing together exclusivity, location advantage, and Mahindra's trusted legacy into a singular residential offering.
Shares of Mahindra Lifespace Developers Limited was last trading in BSE at Rs. 336.35 as compared to the previous close of Rs. 326.65. The total number of shares traded during the day was 8731 in over 258 trades.
The stock hit an intraday high of Rs. 339.90 and intraday low of 327.60. The net turnover during the day was Rs. 2912626.00.