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Mahindra Lifespace acquires 8.2 acre land in North Bengaluru

23 Jan 2025 Evaluate

Mahindra Lifespace Developers (Mahindra Lifespaces), through its subsidiary Anthurium Developers (ADL), has acquired 8.2 acres of land in North Bengaluru. The land has a developable potential of around 0.9 million square feet of saleable area and a projected Gross Development Value (GDV) of almost Rs 1,000 crore. The project will primarily feature mid-premium residential apartments catering to the rising demand for quality housing in Bengaluru.

The area offers access to renowned educational institutions, healthcare facilities, retail hubs. Just 1.8 Kms from the upcoming Doddajala metro station, makes it an ideal location for urban homebuyers. The site is also strategically located off the Bangalore-Hyderabad Highway, with proximity to the international airport, IT hubs, commercial offices, and a growing and developing social infrastructure. 

Mahindra Lifespace Developer brings the Mahindra Group’s philosophy of ‘Rise’ to India’s real estate and infrastructure industry through thriving residential communities and enabling business ecosystems.


Peers
Company Name CMP
Lodha Developers 1070.10
Prestige EstatesProj 1425.00
Dilip Buildcon 398.00
DLF 621.00
Oberoi Realty 1668.30
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