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The winner of #JoyfulHomecomings contest got a home at Rs.1 in Mahindra Happinest – Palghar

The real estate and infrastructure development arm of the Mahindra Group, Mahindra Lifespace Developers Limited ('MLDL'), has announced the #Joyful Homecomings 'Home at Rs.1' contest’s winner. The contest was part of a campaign to bring to life Mahindra Lifespaces' brand value proposition of 'Joyful Homecomings'.

The winner is Ms. Nidhi Chandna a resident of Gurugram, she has won a Home at “Mahindra Happinest – Palghar”.

The winner Ms. Chandna sharing her excitement said, "An apartment in MMR for Rs. 1 is like a dream come true! I would like to thank Mahindra Lifespaces for creating the one of a kind opportunity for a truly joyful homecoming."



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Palghar - An Ideal Investment Destination for Home Buyers

Driving out of the city on a weekend to expansive greens and beautiful landscapes is a therapeutic and rejuvenating experience after a hectic weekly work schedule. To be able to get-away anytime is a luxury everyone craves for. Palghar stands out as one such destination with its pleasant weather and popular beaches. With a developing infrastructure and more people looking out for investment options in the real estate sector, affordable housing in Palghar is the next big thing. Read on to know why.

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Why Chennai’s Avadi Is Becoming A Desirable Home Destination

Avadi is one of the oldest areas in Chennai with a defence stronghold which boasts close proximity to Ambattur, Koyembedu, Anna Nagar and infrastructural developments like IT Parks and Service Sector Firms. It is becoming one of the most sought-after areas for owning a real estate property in Chennai. Avadi is one of the three places that the Tamil Nadu Government is considering making into an independent municipal corporation forming it a focal spot for investors. With excellent connectivity and the presence of premier educational institutions and hospitals, affordable housing in Avadi is witnessing a tremendous growth.



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Understanding Green Building Development

Poorly designed buildings and inefficient construction practices have much more negative consequences on the environment than we realize. Adverse effects include air pollution and water pollution. This urges the need to build environment-friendly and green buildings in the cities. IGBC certified Mahindra Happinest is a green property thoughtfully designed with the right sourcing of raw materials which do not affect the health of living beings and help in sustainable development. The project has been designed & developed to meet high standards of environmental & human health performance, thereby delivering a better quality of life. It not only consumes less water but also optimizes energy efficiency, conserves natural resources and generates less waste while providing a healthier living space to its occupants as compared to other traditional buildings. The residents enjoy numerous tangible benefits in the form of water-saving, saving in electricity utilities etc. Intangible benefits include amplified ventilation, adequate daylight, pure air and an overall sense of harmony and well-being.



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Challenges start right from land identification to acquisition

Vimlendra Singh, Chief Sales Officer, Mahindra Happinest, talks about the tangible and intangible benefits of affordable housing. “With real estate in India expected to become a $1-trillion market by 2030, the affordable housing segment is expected to be a key contributor to the sector’s growth,” he says. Various factors like technological advancements, Government regulations, inventory pile up etc. influence the sector, but sales of affordable homes have been increasing YoY. Mahindra Happinest’s location strategy, usage of new technologies, thoughtful designs, high quality execution, timely delivery along with the diligence towards building green homes that are healthy for both occupants and the environment at large, makes it one of the most successful projects in the affordable housing sector.


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Designing For Affordability - By pursuing all the three Es – Economy, Efficiency, and Evolution

Arvind Subramanian, CEO, Mahindra Happinest, talks about the three important dimensions of affordability from the automotive playbook namely, Economy, Efficiency and Evolution. He further suggests that the developers and architects can give the customers more value for the same price through innovation in building materials, like pre-cast construction and 3D printing. This is how, they can break the conundrum of a customer's inability to fulfill the dream of buying a house owing to the sky-rocket property prices.


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