Mahindra Lifespace Developers (MLDL) has executed an agreement to acquire approximately seven acres of land in Pune. This is as part of company’s pursuit to acquire land for business growth.
The sale deed will be executed in due course. The company plans to develop a mid-segment residential project with development potential of approximately 0.7 million square feet. The project falls within Pimpri Chinchwad Municipal Corporation jurisdiction.
Mahindra Lifespace Developers is the real estate and infrastructure development business of the $19 billion Mahindra Group, and a pioneer of sustainable urbanization in India.
