Mahindra Lifespaces 13.46 Acres in Mahalunge:
Officially Launched as Mahindra Rivenza
The landmark 13.46-acre development by Mahindra Lifespaces Developers Ltd. in the Nande–Mahalunge / Baner Annexe corridor has officially launched as Mahindra Rivenza with an estimated Gross Development Value (GDV) of ₹3,500 Crore, Phase 1 offering 1,236 residences starting from ₹90 Lakhs*.
Mahindra Rivenza is registered under MahaRERA in phases: Mahindra Rivenza Phase 1 bearing Registration No. PR1261012602102 and Phase 2 bearing Registration No. PM1261012602103 (both valid upto 30/12/2031). Sanctioned CAD layouts, environmental clearances, and certificates can be verified at https://maharera.maharashtra.gov.in.
1. Strategic Context: Nande–Mahalunge & Baner Annexe Tri-Corridor
Mahindra Rivenza is uniquely positioned at the gateway between the Hinjewadi IT hub (home to Infosys, Wipro, TCS, Cognizant, and 400,000+ tech professionals) and the high-street urban core of Baner and Balewadi.
With the sanctioned 4-lane Mula River Bridge connecting Mahalunge directly to Hinjewadi Phase 1 in under 7 minutes, residents completely bypass the congested Wakad bridge, Bhumkar Chowk, and Shivaji Chowk bottlenecks.
2. Biophilic Green Architecture & Net-Zero Living
Consistent with Mahindra Lifespaces’ national brand commitment to sustainable, regenerative development, Mahindra Rivenza is pre-certified IGBC Gold and planned as a Net Zero Waste to Landfill community:
- 9+ Acres Vehicle-Free Biophilic Greens: Dense biodiverse tree groves, jogging and cycling tracks, and open-air lawns.
- ~44,000+ Sq.Ft. Grand Clubhouses: Featuring a temperature-regulated swimming pool with a sunken aqua bar, glass-roof library, gymnasium, badminton, squash and pickleball courts.
- Water Stewardship: On-site sewage treatment plants (STP) providing recycled water for landscaping, alongside multi-pit rainwater harvesting.
3. Official Configurations, Pricing & Carpet Areas
Phase 1 offers 1,236 residences engineered with zero corridor wastage and private sundecks:
- 2 BHK Residences (635 - 747 sq.ft. carpet): Starting from ₹90 Lakhs*. Ideal for young tech professionals and nuclear families.
- 3 BHK Luxury Residences (882 - 1,065 sq.ft. carpet): Starting from ₹1.31 Crore*. Engineered with separate study alcoves and panoramic hill-view balconies.
- 4 BHK Signature Sky Villas (1,438 - 1,465 sq.ft. carpet): Starting from ₹2.20 Crore*. High-rise panoramic luxury living.
Book VIP Site Visit to Mahindra Rivenza
Connect with PropSmart Realty (MahaRERA Agent Registration No: A031262401295) for verified cost sheets, CAD floor plans, and VIP show flat tours.