Mahindra Baner Annex
Baner Annex is the micro-market name for Rivenza, close to Hinjewadi IT Park and Baner, with a quick link to the Mumbai–Pune Expressway.
Mahindra projects with starting rates below ₹2 Crore. A wider choice of 2 and 3 BHK homes in good locations.

This page lists Mahindra Lifespaces projects whose public starting price is below ₹2 Crore. A starting price is the rate for the smallest or lowest-floor home, so the home you want may cost more. We show the rate so you can compare projects before you call.
The projects are grouped by stage. New launch and pre launch homes usually have lower rates than later phases. Under construction homes may have less room to negotiate but a nearer move-in date.
We show only prices that are public. Projects without a public rate are not on this page, so ask us if you need more options.
* Figures are as reported by the builder and the press. We are an independent information site, not the builder.
Projects Under ₹2 Crore that are in the new launch stage. Open a card for the full page, or use the buttons for the price list.
Baner Annex is the micro-market name for Rivenza, close to Hinjewadi IT Park and Baner, with a quick link to the Mumbai–Pune Expressway.
Towers F and G stand between the Kolavai and Paranur lakes, around a 3.8-acre podium with no vehicles. IGBC Platinum pre-certified.
Phase IV opened on 1 September 2026 with 166 homes in Towers F and G. A 2 BHK is 1,078 sq ft and a 3 BHK is 1,478 sq ft (aggregate area).
Opened on 6 October 2026 on 13.46 acres close to Hinjewadi. Phase 1 alone has 1,236 homes, and the whole project is worth about ₹3,500 crore.
A 44,000 sq ft clubhouse, 2.65 lakh sq ft of amenities and over 9 acres of landscaped greens. IGBC Gold pre-certified.
Share your budget and area. We will shortlist new launch options and book a site visit.
Projects Under ₹2 Crore that are in the under construction stage. Open a card for the full page, or use the buttons for the price list.
Announced in March 2024 and about 4 km from World Trade Center Kharadi. Two towers hold 2 and 3 BHK homes, and one tower is for 4 BHK.
A 27-acre plotted layout inside Mahindra World City with 475 plots, launched in February 2024. Ask us which plots are still open before you plan a visit.
Project A has 899 homes on about 6.6 acres, with towers up to 16 floors. A second registered project sits alongside it.
Five towers with two biophilic-roof clubhouses of 22,000 sq ft, and a terrace deck in every home. Phase 2 added about 500 homes.
Mahindra's first launch in East Pune, with five towers and about 506 homes on roughly 5.4 acres. One tower is kept only for 4 BHK homes.
A short walk from Sant Tukaram Nagar metro and 1.6 km from Pimpri metro. IGBC Gold pre-certified, with solar power for over 90% of common-area lights.
Share your budget and area. We will shortlist under construction options and book a site visit.
Area, size, starting price and stage for the 11 projects on this page.
| Project | Area | Type | Size & mix | Starting price* | Stage |
|---|---|---|---|---|---|
| Mahindra Green Estates | Mahindra World City, Paranur, GST Road | Plots | Plots · 750–2,400 sq ft | From ₹33 Lakh* | Under Construction |
| Mahindra Happinest Kalyan 2 | Rajnoli, Kalyan–Bhiwandi Road | Apartments | 1 & 2 BHK · 394–634 sq ft carpet | From ₹37.9 Lakh* | Under Construction |
| Mahindra Lakewoods | Mahindra World City, Paranur, Chengalpattu | Apartments | 2 & 3 BHK · 2 BHK from 751 sq ft carpet | From ₹79 Lakh* | New Launch |
| Mahindra Lakewoods Phase 4 | Mahindra World City, Chengalpattu | Apartments | 2 & 3 BHK · 166 homes | From ₹79 Lakh* | New Launch |
| Mahindra Mahalunge | Mahalunge (Nande), West Pune | Apartments | 2, 3 & 4 BHK · 688–1,615 sq ft carpet | From ₹90 Lakh* | New Launch |
| Mahindra Rivenza | Baner Annex, Nande–Mahalunge | Apartments | 2, 3 & 4 BHK · 12 towers planned | From ₹90 Lakh* | New Launch |
| Mahindra Baner Annex | Baner Annex, Nande–Mahalunge | Apartments | 2, 3 & 4 BHK · 13.46 acres | From ₹90 Lakh* | New Launch |
| Mahindra IvyLush | Kharadi Annex, East Pune | Apartments | 2, 3 & 4 BHK · 769–1,821 sq ft | From ₹95 Lakh* | Under Construction |
| Mahindra Kharadi | Kharadi Annex, Sector R14, East Pune | Apartments | 2, 3 & 4 BHK · 770–1,598 sq ft carpet | From ₹98 Lakh* | Under Construction |
| Mahindra Codename Crown | Kharadi Annex, East Pune | Apartments | 2, 3 & 4 BHK · 5 towers | From ₹98 Lakh* | Under Construction |
| Mahindra Lifespaces Citadel | Pimpri, near Sant Tukaram Nagar metro | Apartments | 3 & 4 BHK · 1,032–1,287 sq ft carpet | From ₹1.62 Cr* | Under Construction |
* Prices are indicative starting rates from public listings. Ask us for the current sheet.
An example, not an offer. It assumes a loan of 80 percent of the starting price at 8.5 percent a year for 20 years. Your rate and amount will differ.
| Project | Area | Starting price* | Approx. monthly EMI | Down payment (20%) |
|---|---|---|---|---|
| Mahindra Green Estates | Mahindra World City | ₹33 Lakh* | ₹22,911 | ₹660,000 |
| Mahindra Happinest Kalyan 2 | Rajnoli | ₹37.9 Lakh* | ₹26,312 | ₹758,000 |
| Mahindra Lakewoods | Mahindra World City | ₹79 Lakh* | ₹54,846 | ₹1,580,000 |
| Mahindra Lakewoods Phase 4 | Mahindra World City | ₹79 Lakh* | ₹54,846 | ₹1,580,000 |
| Mahindra Mahalunge | Mahalunge (Nande) | ₹90 Lakh* | ₹62,483 | ₹1,800,000 |
| Mahindra Rivenza | Baner Annex | ₹90 Lakh* | ₹62,483 | ₹1,800,000 |
| Mahindra Baner Annex | Baner Annex | ₹90 Lakh* | ₹62,483 | ₹1,800,000 |
| Mahindra IvyLush | Kharadi Annex | ₹95 Lakh* | ₹65,955 | ₹1,900,000 |
| Mahindra Kharadi | Kharadi Annex | ₹98 Lakh* | ₹68,037 | ₹1,960,000 |
| Mahindra Codename Crown | Kharadi Annex | ₹98 Lakh* | ₹68,037 | ₹1,960,000 |
| Mahindra Lifespaces Citadel | Pimpri | ₹1.62 Cr* | ₹112,470 | ₹3,240,000 |
Taxes, stamp duty, registration and parking are extra. Ask a bank for your own figures.
The starting price is not the final bill. Add these before you decide.
Applies to under construction flats. Ready flats with an occupancy certificate do not pay it. Ask for the current rate.
Charged by the state on the agreement value. The rate differs by state and sometimes by buyer.
Often priced separately. A covered slot can add a few lakh.
Some projects charge a one-time fee for the clubhouse and sports areas.
A monthly charge plus a one-time deposit. Ask for both figures.
Wardrobes, lights and fans add to the cost if the flat comes bare.
The listed projects sit in 3 cities. Open a city page to see everything Mahindra has there, with nearby roads, metro lines and schools.
Share your name and number. We call back within five minutes with prices, plans and a site visit slot.