Mahindra Lifespaces Seals ₹2,050 Crore Deals in Mumbai and Bengaluru.

Mahindra Lifespace Developers, the real estate and infrastructure development arm of the Mahindra Group, has finalized two significant deals in Mumbai and Bengaluru, totaling ₹2050 crore in gross development value (GDV).

In Mumbai, Mahindra Lifespaces has secured a third redevelopment project with an estimated revenue potential of ₹1800 crore. This project involves the redevelopment of seven residential societies in the suburb of Borivali West under the state’s cluster redevelopment policy.

Additionally, the company has acquired a prime land parcel spanning 2.37 acres in Singasandra, south Bengaluru, adjacent to its existing Mahindra Zen project. This acquisition is expected to generate revenue of approximately ₹250 crore, with a developable potential of about 2.5 lakh square feet.

“These deals reflect our strategic focus on high-potential markets and underline Mahindra Lifespaces’ commitment to delivering quality living spaces across diverse urban landscapes. As we expand our footprint in key markets, we are well-positioned for sustained growth and value creation in India’s dynamic real estate sector,” commented Amit Kumar Sinha, Managing Director & CEO of Mahindra Lifespaces.

Mahindra Lifespaces continues to strengthen its presence in Mumbai and Bengaluru, leveraging its expertise in real estate development to meet evolving consumer needs and contribute to urban development initiatives.

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