Mahindra Lifespace Developers has acquired 4.25 acres of land in Singasandra, South Bengaluru. The land is estimated to have a developable potential of around 4.6 lakh square feet of saleable area and a Gross Development Value of around Rs 400 crore primarily comprising premium residential apartments.
The site is strategically located just off Hosur Road and offers access to well-developed social infrastructure with educational institutes, healthcare facilities, and retail avenues in proximity. In addition, the land is in close proximity to India’s largest IT and Electronics hub - Electronics City - and around 25 minutes away from Koramangala. Mahindra Lifespaces expects to launch the first phase of the project within the calendar year 2023.
Mahindra Lifespace Developers is the real estate and infrastructure development company and a pioneer of sustainable urbanization in India.
Company Name | CMP |
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Dilip Buildcon | 461.90 |
Macrotech Developers | 1213.30 |
NBCC (India) | 132.25 |
Prestige EstatesProj | 1307.10 |
DLF | 895.55 |
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