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Live+1 todayUpdated 1h ago

Mahindra Lifespaces launches Codename Sanctum at Mahindra Citadel with limited 2 & 3 BHK residences

Mahindra Lifespaces has launched a new residential phase, Codename Sanctum, at its Mahindra Citadel development in Pune, offering premium 2 and 3 BHK homes.

Total project GDV

₹2,500 crore

Phase GDV

₹800-850 crore

Development footprint (residential)

53.65 million sq ft

What Happened

Mahindra Lifespace Developers Limited, the real estate arm of the Mahindra Group, has announced the launch of Codename Sanctum at Mahindra Citadel, a residential development spread across approximately 9.66 acres in Pimpri-Chinchwad, Pune. The new phase comprises Towers E, F & G, introducing premium 2 and 3 BHK residences designed for modern urban living.

Phase Gross Development Value

₹800-850 croreINR

Expected GDV for this phase, contributing to the overall project GDV of nearly ₹2,500 crore.

Mahindra Citadel has emerged as a strong contributor to our Pune portfolio, reflecting sustained demand for premium residences in well-developed urban corridors. With Codename Sanctum, we are launching a limited inventory of 2 and 3 BHK homes that combine space efficiency, modern design, and ample nature within the development.
Vimalendra Singh, Chief Business Officer (Residential), Mahindra Lifespaces Developers Ltd.
Premium Amenities
  • Half Olympic-size swimming pool
  • Indoor community hall
  • Two badminton courts

Why this matters

This launch strengthens Mahindra's presence in Pune's premium housing market, catering to demand for well-designed, sustainably-built homes in a well-connected urban area.

Terms in This Story

BHK
Bedroom, Hall, Kitchen – a common way to describe apartment sizes in India.
GDV
Gross Development Value – the total expected sales value of a real estate project.
Net Zero homes
Homes that produce as much energy as they consume, typically through renewable sources and energy efficiency.
Read Original: Mahindra & Mahindra

Summarised from the linked release; details can be imperfect — always verify against the original source.