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Mahindra Lifespaces launches second phase of Happinest

Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the USD 16.5 billion Mahindra Group, has announced the launch of the second phase of its affordable housing project HAPPINEST – in Boisar, a suburb of Mumbai, on the occasion of Gudhi Padwa. The second phase of the Happinest project, with unit prices starting from ` 11 lakhs onwards is targeted at the rising Indian middle class. This project is aligned with the Mahindra Group’s philosophy of enabling people to ‘Rise’ and driving positive change.
Sriram Mahadevan, Business Head, Happinest, said, “We have received an overwhelming response to our first phase, having sold over 300 flats since the launch in Diwali. Built on the three pillars of Trust, Better Living and Affordability, Happinest is focused on serving the large underserved home ownership market. The launch of the second phase signals our continued efforts to create thriving communities and enable a larger cross section of people to fulfil their dreams of owning a home in a safe, secure and healthy environment.”
Spread over 14 acres, Happinest Boisar offers 1 RK, 1 BHK, and 2 BHK apartments in the range of 351 sq. ft. to 762 sq. ft priced from ` 11 to 24 Lakhs. Centrally located with easy accessibility, the project is in close proximity to the railway station, bus stands, hospitals, schools and colleges.


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