Mahindra Lifespace launches ₹1,650 crore ultra-luxury Mahindra BeaconHill project in South Mumbai

Realty firm Mahindra Lifespace Developers Ltd on Wednesday (May 6) announced the launch of Mahindra BeaconHill, an ultra-premium residential development in Mahalaxmi, South Mumbai, with a potential gross development value (GDV) of approximately ₹1,650 crore.

The project is spread across about 1.68 acres and is positioned as a 58-storey standalone residential tower. It comprises 198 residences with 3, 3.5 and 4 BHK configurations designed for high-end homebuyers seeking a South Mumbai address.

The development offers layouts designed to maximise natural light and cross ventilation, along with expansive decks and views of the sea, Mahalaxmi Racecourse and Mumbai’s skyline.

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The project includes over 32,000 square feet of curated amenities, including a simulated golf and bicycle experience and a rooftop lounge with panoramic views of the city and sea.

Mahindra Lifespace Developers said the project is aligned with its focus on sustainable and future-ready development, integrating design with environmental sensitivity.

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.

Also Read: Mahindra Lifespace Q3 results: Shares gain 6% as strong residential sales lift profit

Vimalendra Singh, Chief Business Officer – Residential, Mahindra Lifespace Developers Ltd, 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."

Shares of Mahindra Lifespace Developers Ltd ended at ₹338.30, up by ₹11.65, or 3.57%, on the BSE.

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