Mahindra Rivenza Baner Annex: Price, Floor Plans & Buyer Guide 2026
Baner Annex, the stretch off the Baner–Hinjawadi Road where Baner meets Mahalunge, has turned into one of West Pune's busiest new-launch pockets. Mahindra Rivenza by Mahindra Lifespaces is one of the larger launches here: a gated community of roughly 13.46 acres beside the Mula River, with homes that look out over the river, the Mahalunge hills and landscaped greens. This guide covers the six layouts, their indicative prices, the amenities, the commute and what to check before you book.
Mahindra Rivenza at a glance
- Developer: Mahindra Lifespace Developers Limited (Mahindra Group, established 1994)
- Location: Baner Annex, off Baner–Hinjawadi Road, West Pune
- Land parcel: about 13.46 acres*, with about 65% kept open*
- Green and amenity space: 9+ acres of landscaped greens and 2.65 lakh+ sq.ft. of amenity spaces, including 44,000+ sq.ft. of clubhouses*
- Towers: six towers, T1 to T6, as per the unit plan booklet
- Configurations: 2, 3 and 4 BHK in six layouts, 688 to 1615 sq.ft. net area
- Starting price: ₹90 Lakh* all-inclusive for the 2 BHK Premium
- MahaRERA: PR1261012602102 (Phase 1) and PM1261012602103 (Phase 2)
Price list and unit sizes
Mahindra Rivenza quotes sizes as RERA net area, which adds the balcony and utility to the RERA carpet. Keep that in mind when you compare it with projects that quote pure carpet area.
| Unit | Net area | Indicative price |
|---|---|---|
| 2 BHK Premium | 688 sq.ft. | ₹90 Lakh* |
| 2 BHK Luxury | 785 sq.ft. | ₹1.05 Cr* |
| 2 BHK Ultra Luxury | 855 sq.ft. | ₹1.14 Cr* |
| 3 BHK Deluxe | 1007 sq.ft. | ₹1.31 Cr* |
| 3 BHK Ultra Luxury | 1206 sq.ft. | ₹1.60 Cr* |
| 4 BHK Luxury | 1615 sq.ft. | ₹2.17 Cr* |
The spread is useful for buyers at different budgets: three 2 BHK sizes sit between ₹90 Lakh* and ₹1.14 Cr*, two 3 BHK sizes between ₹1.31 Cr* and ₹1.60 Cr*, and a single 4 BHK at the top. The developer also mentions a Flexipay plan for the first 100 customers, subject to terms. *Prices are indicative and subject to change; ask for the latest price sheet and full cost breakup before you decide.
What sets Mahindra Rivenza apart
Three things stand out. First, the scale of open space: with about 65% of the land left open and more than nine acres of landscaping, the project is less about tower density and more about the ground around it. Second, the setting – the Mula River runs along one side and the Mahalunge hills along the other, so many homes are planned with river, hill or green views. Third, the developer: Mahindra Lifespaces has 50+ residential projects delivered and ongoing, 21,000+ customers and has been building green homes since 2014. In Pune it lists 8 completed projects and 4 ongoing ones, with Rivenza as the newest.
Amenities
The amenity plan is spread over 2.65 lakh+ sq.ft., with clubhouses alone taking up more than 44,000 sq.ft.* Planned facilities include:
- Swimming pool with a poolside deck
- Modern gymnasium and a glass-roof library inside the clubhouses
- Badminton courts, a multipurpose court and a futsal court
- Yoga lawn, barbeque deck and landscaped green spaces
The developer notes that the proposed common amenities will be shared by all phases, so check the phase-wise timeline for when each facility will be handed over.
Location and commute
Rivenza sits off the Baner–Hinjawadi Road, which makes it practical for people working in Hinjawadi and Baner. Approximate distances given by the developer:
- Delhi Public School – 0.4 km; Global Indian International School – 1.6 km
- Infosys Circle and Tata Technologies – 4.4 km; Infosys – 4.8 km
- Mahindra International School – 4.9 km
- Ruby Hall Clinic – 5.2 km; Manipal Hospital – 5.5 km
- Upcoming Balewadi Stadium Metro Station – 5.7 km*
- Rajiv Gandhi Infotech Park – 6.2 km; Megapolis Circle – 7.9 km
Hyatt Place and The Orchid Hotel are about 4.8 km away and Grand Highstreet about 5.8 km, so everyday shopping and dining are a short drive. The metro station is still upcoming, so treat it as a future benefit rather than a present one.
Who should consider Mahindra Rivenza?
- Hinjawadi and Baner professionals who want a large gated community within about 5–6 km of the main IT campuses.
- Families with young children, given that Delhi Public School is about 400 metres away.
- Buyers who value open space and a known national developer over a compact single-tower project.
Points to weigh: the website labels the project as pre-launch and does not state a possession date – the MahaRERA registrations for both phases are valid up to 30 December 2031, which is a long horizon. Sizes are net areas rather than pure carpet, and the shared amenities will be used by all phases, so expect a busy club once the full community is occupied.
How to verify before you buy
- Look up PR1261012602102 and PM1261012602103 on the MahaRERA portal to see which towers each phase covers, the approved plans and the proposed completion dates.
- Ask for the tower-wise possession schedule and the exact RERA carpet area of your chosen unit, separate from balcony and utility.
- Get the complete cost sheet, including the Flexipay terms if you plan to use them, and compare it with other Baner and Mahalunge launches.
Floor plans, gallery and current details are on the Mahindra Rivenza project page. If you are comparing options in the same part of the city, also look at The Balmoral Hillside in Baner.
FAQs
How far is Mahindra Rivenza from Hinjawadi?
Infosys Circle is about 4.4 km away and Rajiv Gandhi Infotech Park about 6.2 km, as per the developer's location details.
Are the sizes carpet area or net area?
They are RERA net areas, which include the RERA carpet plus balcony and utility.
What is the cheapest home at Mahindra Rivenza?
The 2 BHK Premium of 688 sq.ft. net area, priced at about ₹90 Lakh* all-inclusive.
Is there a 4 BHK option?
Yes, one 4 BHK Luxury layout of 1615 sq.ft. net area at about ₹2.17 Cr*.