Mahindra Lifespaces Acquires 8.2 Acres in Bengaluru

24 Jan 2025 CW Team

Mahindra Lifespace Developers (MLDL), through its subsidiary Anthurium Developers (ADL), has acquired 8.2 acres of land in North Bengaluru.

This acquisition provides a developable potential of approximately 0.9 million square feet of saleable area, with a projected gross development value (GDV) of nearly Rs 10 billion.

In November 2024, Mahindra World City Developers (MWCDL), a subsidiary of MLDL, in partnership with Japan's Sumitomo Corporation, announced the second phase of their industrial parks project in Tamil Nadu. (ET)

Infrastructure Transport

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