Happinest – Palghar, the third affordable housing project from the Mahindra Lifespaces’ stable, has sold over 400 units within 45 days of launch.
The project is being developed by Mahindra Happinest Developers Ltd. (‘MHDL’), a joint platform between Mahindra Lifespace Developers Ltd. (‘MLDL’) and HDFC Capital Affordable Real Estate Fund-1 (‘HDFC Capital’). The launch involved the release of Phase 1 of the project in February 2018, which was soon followed by that of Phase 2 in March 2018, given the extremely encouraging initial response.
Strategically located in Maharashtra’s newest district, Happinest – Palghar comprises around 850 apartments across 8.35 acres. Apartments in the project are priced between Rs 8.5 lakhs and Rs 24 lakhs, with carpet area ranging from 157 sq. ft. to 549 sq. ft. Residents of Happinest – Palghar will be able to derive the many benefits of multiple connectivity options and established social amenities nearby. Happinest – Palghar is a short drive from Palghar station and minutes away from the MIDC in Boisar – a thriving employment hub that is home to over 1300 active industrial units.
Happinest – Palghar encompasses best-in-class features and amenities including a common facility center, joggers track, cricket pitch, community hall, senior residents’ area, children’s play area and badminton court. Continuing with Mahindra Lifespaces’ legacy of environment-friendly affordable housing, Happinest – Palghar offers resource-sensitive living via energy-efficient wall and roof structures; greywater treatment; LED lights for landscaped areas and street lighting; organic waste treatment; and rainwater harvesting. The project is pre-certified ‘Platinum’ under IGBC’s Green Affordable Housing Rating System.