Mahindra Lifespace Developers Ltd (MLDL), the real estate and infrastructure development arm of the Mahindra Group, has been selected as the preferred partner for the redevelopment of four residential societies in Mumbai’s Malad ( West) suburb.
The project spans around 1.65 acres and holds a total development potential of about Rs 800 crore, the company said.
The project is located close to Mahindra Lifespaces’ another ongoing redevelopment venture and will help further consolidate the company’s presence in this micro-market.
“The project aligns with our focus on expanding within established micro-markets and improving project efficiencies,” said Vimalendra Singh, Chief Business Officer - Residential, Mahindra Lifespace Developers.
Mahindra Lifespaces continues to expand its portfolio in Mumbai’s redevelopment space, which has seen growing participation from organised developers amid rising demand for upgraded housing in central and suburban locations.
The project spans around 1.65 acres and holds a total development potential of about Rs 800 crore, the company said.
The project is located close to Mahindra Lifespaces’ another ongoing redevelopment venture and will help further consolidate the company’s presence in this micro-market.
“The project aligns with our focus on expanding within established micro-markets and improving project efficiencies,” said Vimalendra Singh, Chief Business Officer - Residential, Mahindra Lifespace Developers.
Mahindra Lifespaces continues to expand its portfolio in Mumbai’s redevelopment space, which has seen growing participation from organised developers amid rising demand for upgraded housing in central and suburban locations.
You may also like
Kerala CM Vijayan underlines cyber security as key to national safety
Novak Djokovic gives two-word response after shock defeat to world No.204 amid brutal scenes
Muttaqi attends Delhi think tank event, enthralls audience with mention of Tagore's Kabuliwala
Contract reveals several bonuses for Blake Lively if she won Oscar for 'It Ends with Us'
"No question of being upset...we will decide our strategy": Owaisi on Mahagathbandhan spurning alliance offer for Bihar polls
