Bangaloreprop

Mahindra Lakewoods

Mahindra Lifespace Developers LtdGST Road, Chennai

ONGOINGApartmentsRs. 60 LakhsEMI from ₹41,656/mo RERA: Awaited

Listed by Bangaloreprop · Tamil Nadu RERA Agent Reg. No. TN/Agent/0194/2024

Mahindra Lakewoods

Mahindra Lakewoods Overview

Mahindra Lakewoods is an under-construction apartment project by Mahindra Lifespace Developers Ltd inside Mahindra World City, near Chengalpattu, just off GST Road in south Chennai. It offers 2 BHK and 3 BHK flats from Rs. 60 Lakhs, with handover in April 2029, and suits families who want a mid-priced flat within an employment township south-west of Chennai. Offices, schools and shops in the township are close enough to shorten the daily routine for anyone who works there.

Construction is under way, and Mahindra Lifespace has set April 2029 for handover. That is a long wait, so you will be paying in stages over several years before you get the keys. The site covers 9.33 acres and will hold 747 homes in nine towers of 14 floors each. Spreading homes across nine towers leaves room for gardens between them, which you should confirm on the site plan.

Only two layouts are offered, both given as built-up area. The two-bedroom flat measures roughly 1,079 sq ft and is priced upward of Rs. 60 Lakhs, close to Rs. 5,600 per sq ft. The three-bedroom flat gives roughly 1,478 sq ft for Rs. 88 Lakhs and above, about Rs. 6,000 per sq ft. GST applies on top because the homes are still being built, along with stamp duty and registration. Carpet areas have not been published, so ask for them before you compare this project with others.

This fits a young family planning ahead, or a buyer who works in the township and can wait until 2029. The two-bedroom plan is roomy for its price, and the three-bedroom suits a household with children or parents at home. It is the wrong choice if you need a home within a year or two, or if your job is in central Chennai and the GST Road commute would wear you down.

Key Facts at a Glance

Property Type
Apartments
Total Land Area
9.33 Acres
No. of Units
747
Towers & Blocks
9 Towers
Floors per Tower
14
Possession
Apr 2029
Construction
Ongoing
Price
Rs. 60 Lakhs
Location
GST Road, Chennai

Mahindra Lakewoods Price List

Unit TypeSize (SBA)All-in Price (approx.)
2 BHK1079 Sq.ftRs. 60 Lacs Onwards
3 BHK1478 Sq.ftRs. 88 Lacs Onwards

Mahindra Lakewoods EMI Calculator

Down payment · ₹12.00 L

Banks lend up to 80% at this price.

Loan tenure

% a year

Monthly EMI

₹41,656

₹48.00 L loan over 20 years

Home price
₹60.00 L
Down payment
₹12.00 L
Stamp duty & registration
as per state
Cash you need upfront
₹12.00 L+
Total interest
₹51.97 L

Indicative figures for Mahindra Lakewoods. Your EMI depends on the bank's rate and terms. GST on under-construction homes is extra.

Mahindra Lakewoods Location

P17, 1st Cross, 2nd Ave, Mahindra World City, Chengalpattu, Tamil Nadu 603004

About Chennai

Which side of Chennai should you buy on? For most people the honest answer is the side where they work. The city stretches along a flat coast on the Bay of Bengal, and the sea closes off any growth to the east. So new housing has pushed south and west instead, following jobs. If you are hunting for flats in Chennai, begin with your commute, then pick a zone, then a project.

Read more about Chennai →

Mahindra Lakewoods Floor Plans

Mahindra Lakewoods 2 BHK floor plan, about 751 sq ft
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Mahindra Lakewoods 2 BHK floor plan, about 751 sq ft

Mahindra Lakewoods 3 BHK floor plan, about 1,013 sq ft
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Mahindra Lakewoods 3 BHK floor plan, about 1,013 sq ft

Want the complete floor plans? Request them and we will share them on WhatsApp/Email.

Mahindra Lakewoods Master Plan

Layout plan of Mahindra Lakewoods
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Master Plan

Mahindra Lakewoods Specifications

Structure

  • •RCC frame
  • •Concrete solid block walls: 200 mm outside, 100 mm inside

Flooring

  • •600 x 600 mm vitrified tiles in living, dining, passage, bedrooms and kitchen
  • •600 x 600 mm ceramic tiles on the deck and in toilets

Doors

  • •Main, bedroom and toilet doors: pre-hung laminated flush, or equal
  • •Deck and utility doors: pre-hung laminated flush or UPVC, or equal
  • •Hardware by Kich, Dorset, Godrej, Yale or equal

Bathrooms

  • •Jaquar or equal fittings and fixtures in all toilets
  • •Roca or equal wall-hung European WC with concealed dual flush
  • •Drain pipes for rainwater harvesting

Lifts and security

  • •Automatic lifts; stainless steel car and reception lobby doors
  • •Powder-coated MS doors at other landings
  • •Guards day and night, with intercom
  • •Home security with biometric access and automation
  • •CCTV cameras at key points

Electrical

  • •TNEB grid supply to each home
  • •Premium modular switches
  • •Copper wiring in concealed conduits
  • •Full generator backup for common lighting, pumps and lifts

Mahindra Lakewoods Amenities

Activity Area
Clubhouse
Gardens with Lake View
Gymnasium
Indoor Games Area
Jogging Trail
Kids Play Area
Outdoor Courts
Party Area
Retail Spaces
Schools & Colleges
Swimming Pool

Getting around from Mahindra Lakewoods

Mahindra Lakewoods stands at plot P17, on 1st Cross off 2nd Avenue, inside Mahindra World City near Chengalpattu, pincode 603004. The township lies along GST Road, the highway that heads south-west from Chennai. The developer has not published distances to offices, stations, schools or hospitals, so none are given here.

For anyone employed within the township, the daily trip to work can be short and off the highway. Schools and colleges form part of the wider campus, and retail spaces handle routine shopping. That is the main reason to buy here: daily life can happen within a few kilometres of your front door.

If your job is in the city, GST Road becomes your route every day, and it is a long one. Drive it at your usual hour in both directions before you book. Ask about buses, shuttles and shared autos into the township as well. Since handover is years away, find out what roads and services the township plans to add before 2029, and treat nothing unbuilt as certain.

Homes and prices at Mahindra Lakewoods

Mahindra Lakewoods offers two layouts, both quoted as built-up area. The two-bedroom flat is roughly 1,079 sq ft, priced upward of Rs. 60 Lakhs, which is close to Rs. 5,600 per sq ft. The three-bedroom flat is roughly 1,478 sq ft for Rs. 88 Lakhs and above, about Rs. 6,000 per sq ft. Carpet areas have not been published, so ask for them.

These are starting figures. In a 14-floor tower, a high floor facing the lake-view gardens will cost more than a low floor facing a road. Get a quote for the exact tower, floor and facing you want before comparing value.

As the homes are under construction, GST is charged on top of the price. Stamp duty and registration apply when the sale deed is registered. Ask for a cost sheet that shows:

  • Base rate and the area it is charged on
  • Floor-rise and facing premiums
  • Car parking and bays included
  • Clubhouse and township charges
  • Maintenance deposit and corpus fund
  • GST on its own line
  • Stamp duty and registration

Paperwork and approvals for Mahindra Lakewoods

Mahindra Lakewoods has no RERA registration number published yet. Ask Mahindra Lifespace for it and search it on the Tamil Nadu RERA portal (TNRERA) before paying a booking amount. The entry shows the completion date the developer has declared, which should match April 2029.

Before you book, ask to see:

  • The RERA certificate for your tower or phase
  • Planning permission and the sanctioned building plan
  • Title documents and an encumbrance certificate for the 9.33 acres
  • How the land is held within the township
  • A draft agreement for sale with the carpet area and handover date
  • The payment schedule linked to construction stages

With a handover years away, pay only against the stages in the agreement and keep every receipt. Check the RERA portal's progress updates for your tower from time to time. When the tower is complete, collect the completion certificate and register the sale deed. Then move the property tax account and the TNEB connection into your name.

Living at Mahindra Lakewoods

Mahindra Lakewoods spreads nine towers of 14 floors over 9.33 acres, with 747 homes in all. With the towers spaced across the site, there is room for gardens and paths between them. The open-space share has not been published, so ask for the approved site plan. Every image you see for now is a render as planned by the developer.

A morning could start on the jogging trail or at the gymnasium, followed by a swim in the pool. The activity area and outdoor courts keep older children busy after school, while little ones use the play area. Gardens with a view of the lake give you a quiet place to walk as the sun goes down.

On weekends, the clubhouse and indoor games area fill up, and the party area takes birthday gatherings. Beyond the gates, the township's schools, colleges and retail spaces keep most errands short. Inside each flat the developer lists biometric home security and automation. Ask which facilities will be open at handover and which come later, and what monthly maintenance will cover.

Frequently Asked Questions

When will Mahindra Lakewoods in Chennai be ready?
Handover is set for April 2029, and the towers are under construction. That leaves a long gap between booking and moving in. Make sure the agreement for sale fixes the date and states the compensation you receive if the developer misses it.
What does a 2 BHK cost here?
The two-bedroom flat has roughly 1,079 sq ft of built-up area and is priced upward of Rs. 60 Lakhs, close to Rs. 5,600 per sq ft. Higher floors and better facings will cost more, so ask for a unit-wise quote.
Is the 3 BHK worth the extra money?
It adds roughly 400 sq ft and a third bedroom for about Rs. 28 Lakhs more, starting at Rs. 88 Lakhs for roughly 1,478 sq ft. If you have children or live with parents, the extra room often matters more than the higher price.
What costs are added on top of the quoted price?
Being under construction, the flat attracts GST. Stamp duty and registration are due when the deed is registered. Ask whether car parking, clubhouse membership, the maintenance deposit and any township charges are part of the quote or billed separately.
Does the project have a RERA number?
No RERA number has been published for this project. Ask Mahindra Lifespace for it and search it on the Tamil Nadu RERA portal (TNRERA) before you pay. The entry shows the declared completion date and the approved plan for the towers.
Which tower should I choose?
With nine towers on 9.33 acres, position decides your view, noise and walk to the clubhouse. Ask for the site plan, find which towers face the lake-view gardens, and check which floors look over the internal roads before you pick.

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About the Builder

Most homes from Mahindra Lifespace Developers Ltd in Bangalore are still being built, with a few finished projects in the south. The listings are all apartments, across Whitefield, Singasandra, Kanakapura Road, Hosur Road and Bannerghatta Road.

Ongoing: 7Completed: 10
Read more about Mahindra Lifespace Developers Ltd →

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