Mahindra Lifespace Acquires 15-Acre Land Parcel in Mumbai's Kandivali, Eyes Rs 5,600 Crore Revenue Potential
Mahindra Lifespace Developers, the real estate and infrastructure development arm of the Mahindra Group, has acquired a 15-acre land parcel in Kandivali East in the Mumbai Metropolitan Region (MMR). The company will develop a residential project on the acquired land, with an estimated gross development value (GDV) of approximately ₹5,600 crore and a development potential of around 1.8 million square feet.