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.
- ₹2,500 crore
- ₹800-850 crore
- 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.
₹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.”
- 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.
Summarised from the linked release; details can be imperfect — always verify against the original source.