Mahindra Lifespace Developers has acquired 10.3 acre land in Mumbai Metropolitan Region (MMR). The company will develop a new residential project in Kalyan. This new project will offer about 7 lakh sq ft of carpet area and is expected to be launched in FY 2022. This is the company’s second residential development in Kalyan.
The runaway success of company’s first residential project in Kalyan validates the growing demand for high quality, aspirational homes by trusted brands in this attractive suburb. Its latest land acquisition in Kalyan is aligned to its strategy of strengthening its presence in high-performing market.
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.
