[ecis2016.org] Company strengthens its presence in Pune with the launch of 10th residential project.
Mahindra Lifespace Developers, the real estate and infrastructure development arm of the Mahindra Group, through its wholly owned subsidiary, Mahindra Bloomdale Developers, on July 7, 2022, launched Pune’s first Biophila-inspired homes in Pimpri.
You are reading: Mahindra Lifespaces launches Mahindra Nestalgia in Pune
Homes at Mahindra Nestalgia will nurture an active and healthy lifestyle reminiscent of one’s childhood and enable residents of younger generations to experience a similar living and community experience.
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Designed with nostalgia-inducing aesthetics, these Biophilia-inspired homes will enable physical, psychological, social and spiritual well-being. Amenities reigniting childhood memories of freedom, curiosity and innocence include Hopscotch, Sun Dial, Barefoot Park, Hammock Garden, Burma bridge, Dew Garden, Fur Park and more. Homes at Mahindra Nestalgia are cocooned in lush green expanses with a Koi Pond, an 8-shaped Foot Chi, Gupshup Adda, Rain Benches and Elder’s Parklet for residents to enjoy nature within the safe perimeter of the project.
Arvind Subramanian, MD and CEO, Mahindra Lifespace Developers Limited, said, “As we continue to strengthen our presence in Pune, one of our key focus markets, we are excited to introduce the city’s first Biophilia-inspired residential project. Mahindra Nestalgia is our tenth project in Pune, a city that has time and again reciprocated our product innovation with strong demand…This project will offer Punekars an opportunity to live nestled in nature, while enjoying the conveniences of a rapidly developing city.”
Mahindra Nestalgia is developed on a 2.79-acre site acquired by Mahindra Lifespaces in March 2022. Phase-1 of the project comprises 249 units. The 2 and 3 BHK homes range from 730 sqft to 1040 sqft. The climate-responsive design of Mahindra Nestalgia ensures homes have optimal sunlight, fresh air circulation and open to the neighboring tranquil landscape. It also offers thoughtfully crafted modern features like a grand lobby, swimming pool with a kids’ play pool, space for a crèche and a health club, a celebration hall, dry pantry, cinema lounge, Reader’s Bay, and provision for charging electric vehicles.
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The project sits amidst well-developed social infrastructure like reputed educational institutes, healthcare facilities, and retail avenues. The locality is also home to a major employment hub with several large manufacturing and technology companies, within a 20-km radius. The area also offers superior connectivity via the Old Mumbai-Pune highway, Pune-Dhule-Nasik highway, railway stations (Kasarwadi and Pimpri), bus stop (Pimpri Chowk) and metro station (Sant Tukaram Nagar).
The project has been pre-certified with a ‘Gold’ rating by the IGBC. The project offers tangible savings to residents via low-flow water fixtures, solar water heater, LED lighting in common areas, waste segregation, etc. The sustainable features within the project will help conserve up to 7% energy annually, reduce dependency on external water sources by 52%, and divert 90% waste away from landfill.
Mahindra Lifespaces has been present in Pune since 2007, and has completed approximately 3.5 million sqft of development in the city.
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