Mahindra Lifespaces buys 15-acre land in Mumbai to build Rs 5,600 cr housing project

Mahindra Lifespace Developers has secured a prime 15-acre plot in Mumbai's Kandivali East, paving the way for a massive housing project. This development is projected to generate an impressive Rs 5,600 crore in revenue and will span approximately 1.8 million square feet. The acquisition, made through a competitive bid, marks a significant expansion for the realty firm, which boasts a substantial development footprint across India.