Mahindra Lifespaces launches a premium residential community at Mahindra World City, Chennai

Mahindra Lifespace Developers today announced the launch of “Aqualily”,
a premium residential community being developed within the Mahindra World City, 
Chennai’s most evolved and integrated city.

Mahindra Lifespace Developers Limited (MLDL)
is the real estate and infrastructure development arm 
of the $6.3 billion Mahindra Group.

Model rendition of an Aqualily property

“Aqualily” will be a perfect blend of villas, twin homes and luxury
apartments nestled on a pristine lake with floor areas ranging
from 1500 to 4000 sq.ft. Planned as a gated community with
large residential units, lush green open spaces, wide roads,
walkways and vibrant community interaction points, the
project is set in a pollution free environment.

Two club houses equipped with all the modern amenities,
a large green lung space and several play areas provide
the confluence points for the residents.
The project is being developed by Mahindra Residential 
Developers Ltd., a subsidiary of Mahindra Lifespace 
Developers Ltd. and Arch Capital, an Ayala Group company.


Mr. Arun Nanda, Executive Director, M&M Ltd. and
Vice-Chairman, Mahindra Lifespaces Developers Ltd
said, “We envisioned Mahindra World City as a complete
ecosystem where the work, living and learning spaces
would coexist to offer an enhanced quality of life to its citizens.
We have achieved significant milestones in this pursuit through
creating work spaces which have world class corporates like BMW,
Infosys, Wipro; and lifestyle amenities and facilities like the Mahindra
World School, Apollo Clinic; as well as enhanced bus and train services.

Aqualily represents a significant endeavour in offering international living
in a picturesque environment. The local knowledge and trust of Mahindra
Lifespaces and the international experience of the Ayala group will ensure
that Aqualily offers a truly perfect, nature friendly living environment.”
Mahindra Lifespace Developers’ current projects include
Mahindra Eminente at Goregaon, Mumbai, Mahindra Splendour
at Bhandup, Mumbai, Mahindra Royale, Pune, Mahindra Chloris,
Faridabad and Sylvan County at Mahindra World City, Chennai.

The Company’s sales amounted to a sales
value of Rs. 102 crores for the quarter and Rs 152 crores
for the H1 F10 across its projects.

About Mahindra World City, Chennai

Mahindra World City is an award-winning, planned
business city, designed on a work-live-learn-play
format and spread over 1500 acres. The city has
been conceived as a mixed use community with zones
for business and lifestyle. The Business Zone provides
modern working spaces with state-of-the-art plug-n-play infrastructure.

The Business Zone comprises of Special Economic Zones (SEZ) for
companies looking at catering to the global markets primarily through
exports and a Domestic Tariff Area (DTA) for companies targeting the
domestic market. The Lifestyle Zone, located in close proximity to the
Business Zone will offer residential units, schools, medical centers,
retail malls and recreation and leisure facilities amidst wide open
green spaces and a clean, healthy environment.

Mahindra World City, Chennai is currently home to leading
international and Indian companies like BMW, Cap Gemini, Infosys,
Mindtree, Renault Nissan, Timken, TVS Group and Wipro among others.

The project has attracted a cumulative investment of over Rs. 2500 crores
and will see a total investment of over Rs 7500 crores when fully developed.

The Lifestyle Zone of Mahindra World City houses The Canopy,
a commercial complex with banking, food and beverage facilities,
an Apollo Clinic among other retail and leisure facilities and the Mahindra 
World School, a world class educational institution affiliated to the CBSE.

Mahindra World City is currently home to 15,000 employees of the 
companies based at the location, which strength is expected to
cross 50,000 in the next 4 to 5 years. The new station at Paranur,
completely renovated and refurbished by Mahindra World City in
partnership with Southern Railways, acts as a convenient conduit
for employee travel today.

Awards Won by Mahindra World City

American Society of Landscape Architects Honours Award for
Master Planning for Residential Master Plan of MWC done
by HOK Planning Group based out of St. Louis, USA. Citiscape
Singapore Citation for most commendable mixed use Community
development for Mahindra World City.


About Mahindra Lifespace Developers Ltd

Mahindra Lifespace Developers Ltd (previously known as
Mahindra Gesco Developers Ltd) has been in the forefront
of Urban Development in the country.

A part of the US $ 6.3 billion Mahindra Group,
the company enjoys a reputation of being the pioneer in
the development of integrated business cities and delivering
quality living spaces that not only offer its customers healthy
living but also the comfort of fair and transparent dealings backed
by the trust and credibility of the Mahindra Group.

The Company has developed premium residential and
commercial properties in Mumbai, Pune, Delhi, Chennai
and the Mahindra World Cities at Chennai and Jaipur.