Mahindra Lifespace to develop a 10.05-acre land parcel in Bengaluru
Real estate and infra arm of Mahindra Group, Mahindra Lifespace Developers, has plans to jointly develop a 10.05-acre land parcel in North Bengaluru.
The land parcel is strategically located off the Bengaluru-Hyderabad Highway, with access to technology parks, commercial hubs, educational institutions, healthcare facilities, and retail destinations.
Mahindra Lifespace plans to develop a premium residential project on the land, which has around 1 million sq ft of saleable area and a gross development value (GDV) of Rs 1,250 crore. The firm expects to launch the development within the next nine months.
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