Mumbai, February 12, 2019: Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the $20.7 billion Mahindra Group, today announced that as part of its pursuit to acquire land for business growth, the Company has executed an agreement to acquire approximately seven acres of land in Pune. The sale deed will be executed in due course. The Company plans to develop a mid-segment residential project with the development potential of approximately 0.7 million square feet. The project falls within Pimpri Chinchwad Municipal Corporation jurisdiction.
The Company has, so far in this fiscal, tied up three (3) new projects with estimated development potential of 2.1 million square feet across Mumbai, Pune and Bangalore; and has a robust pipeline of land deals under negotiation.
Your email address will not be published. Required fields are marked *
Notify me of follow-up comments by email.
Notify me of new posts by email.
Sign me up for the newsletter!
Fatty Liver: Know why it is known as a ‘silent killer’
Celebrity Vedic Astrologer Mr. Sagar Chug recognized with Star Achiever’s Award, 2019
Deutsche Post DHL Group’s Disaster Response Team ends first deployment in Africa having processed nearly 800 tonnes of cargo
Manage Diabetes in heat
92.7 BIG FM BENGALURU SENSITIZES THE LOCALS ON THE IMPORTANCE OF VOTING THROUGH A RAP SONG BY RJ PRADEEPAA
2014 The Global Indian New Network (TGINN)