NEW DELHI: Mahindra Lifespace Developers (MLDL), the real estate and infrastructure development arm of the Mahindra Group, has acquired 9.4 acres of land in Whitefield, Bengaluru.
The land will have ~1.2 million sq ft of FSI potential and a gross development value of Rs 1,700 crore, primarily comprising mid-premium residential apartments.
The company expects to launch the first phase of the project within the next twelve months.
