Mahindra Lifespace Developers Limited has launched the ‘Mahindra BeaconHill’ project in Mahalaxmi, Mumbai. The company announced the premium residential development on Wednesday, May 6. The project carries an estimated Gross Development Value (GDV) of around 1,650 INR-Crore and marks the developer’s expansion in South Mumbai’s luxury housing segment.
The project will be developed across an anticipated 1.68 Acres and will comprise a standalone 58-storey residential tower. The development will include 198 residences with configurations of 3 BHK, 3.5 BHK and 4 BHK units. Additionally, the project will incorporate premium residential infrastructure and modern amenities designed for urban living. The site offers connectivity to key commercial and residential areas in South Mumbai.
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Once completed, the Mahindra BeaconHill project is expected to strengthen premium residential supply in Mumbai’s Mahalaxmi micro-market. The development will also contribute to ongoing urban redevelopment activity in South Mumbai.
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Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, the image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article, please email editor@biltrax.com.
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