Mahindra Lifespace Developers, the real estate and infrastructure development arm of the Mahindra Group is planning to develop second integrated city in Chennai. In this regard, the company is looking for land in the north part of Chennai. The proposed project will attract an investment of around Rs 4,000 crore, including from the tenants who would occupy space inside the city and will create around 33,000 jobs.
Mahindra Lifespace has pioneered the concept of integrated business city through Mahindra World City development in Chennai and Jaipur.
