4.25 Acres land parcel acquired by Mahindra Lifespaces
The real estate and infrastructure development arm of the Mahindra Group, Mahindra Lifespaces has purchased 4.25 acres of land in Singasandra, South Bengaluru. Purchased land has a developable potential of approximately 4.6 lakh square feet of saleable area and a gross development value of approximately Rs 400 crore primarily comprising premium residential apartments.
Mahindra said that the site is strategically located just off Hosur Road and offers access to well-developed social infrastructure with educational institutes, healthcare facilities, and retail avenues in proximity.
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