Mahindra Lifespaces takes up land parcel in Bengaluru
Real estate major Mahindra Lifespaces has acquired acquisition 9.4 acres of land in the Whitefield locality of Bengaluru. The land parcel has a total development potential of around 1.2 million sq ft and a gross development value of Rs 1,700 crore.
Mahindra expects to launch the first phase of the project within the next 12 months on the land that has access to tech parks, commercial spaces, and social infrastructure, including educational institutes, healthcare facilities, and retail in proximity.
Also Read: Mahindra Lifespaces Plans Projects Worth Rs 45,000 Crore