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Mahindra World City offers seamless connectivity which plays a key role in the real estate growth story of the integrated city and the area of Chengalpattu. The burgeoning satellite town has expanded its social and physical infrastructure to accommodate the mushrooming urbanization of Chengalpattu as a self-sustaining city.
Average rental yield is higher than surrounding micro-markets, standing at an average of
4.23%
Resedential capital values are higher than the surrounding micro-markets, averaging at
₹ 4243/sf
Mahindra Nova has proved to be one of the most successful affordable housing projects in Chennai
Capital Value Appreciation over the last 8 years
₹ 2800/sf to ₹ 4500/sf
Compound Annual Growth Rate
6.11%
Annual Rental Yield
8%
Established in 1994, Mahindra Lifespace Developers Ltd. is the real estate and infrastructure development business of the USD 19.4 billion Mahindra Group, and a pioneer of sustainable urbanisation in India. The Company is committed to transforming India’s urban landscape through its residential developments under the ‘Mahindra Lifespaces®’ and ‘Mahindra Happinest®’ brands; and through its integrated cities and industrial clusters under the ‘Mahindra World City’ and ‘Origins by Mahindra World City’ brands.
The Company’s development footprint spans 26.9 million sq. ft. (2.5 million sq. m.) of completed, ongoing and forthcoming residential projects across seven Indian cities; and over 5000 acres of ongoing and forthcoming projects under development/management at its integrated developments / industrial clusters across four locations.
A pioneer of the green homes movement, Mahindra Lifespaces® is one of the first real estate companies in India to have committed to the global Science Based Targets initiative (SBTi). The Company’s developments are characterised by thoughtful design and a welcoming environment that enhance overall quality of life for both individuals and industries.
Learn more about Mahindra Lifespaces® at www.mahindralifespaces.com
The Mahindra Group is a USD 19.4 billion federation of companies that enables people to rise through innovative mobility solutions, driving rural prosperity, enhancing urban living, nurturing new businesses and fostering communities. It enjoys a leadership position in utility vehicles, information technology, financial services and vacation ownership in India and is the world’s largest tractor company by volume. It also enjoys a strong presence in renewable energy, agribusiness, logistics and real estate development. Headquartered in India, Mahindra employs over 2,56,000 people across 100 countries.
This project is registered as “Mahindra Happinest” under TNRERA No. TN/01/Building/0217/2021 dated 27.07.2021 valid up to 31.07.2025 available on www.rera.tn.gov.in
Site Address: The Canopy, Unit II, 1st floor, Block A, 2nd Avenue, Mahindra World City (P.O), Chengalpet - 603004
Corporate Office: Mahindra Towers, 5th Floor, Dr. G.M. Bhosale Marg, Worli, Mumbai - 400 018