Mahindra Lifespace Developers has acquired land parcels in Bangalore and Mumbai for the purpose of residential development. These two land parcels together have a development potential of approximately one million square feet.
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.