Mahindra Lifespace Developers has acquired a land parcel in MMR region for residential development having as estimated potential of around 0.33 million square feet of saleable area. It will be a joint development project under residential housing segment.
Mahindra Lifespace Developers (MLDL) is the real estate and infrastructure development subsidiary of Mahindra & Mahindra (M&M). At present, M&M holds 51% of the equity share capital of MLDL. MLDL has two main lines of businesses - standalone real estate development and development of integrated business cities.
