Press Release

Mahindra Lifespace Developers Limited has announced the acquisition of a 15-acre land parcel in Kandivali East, Mumbai. This strategic purchase is projected to have a Gross Development Value (GDV) of approximately ₹5,600 crore. The land offers a significant development potential of around 1.8 million square feet. For investors, this acquisition signifies the company's expansion into a prime Mumbai location and indicates substantial future revenue opportunities, strengthening its residential portfolio.