Bengaluru, January 23, 2025 – Mahindra Lifespace Developers Ltd. (MLDL), through its subsidiary Anthurium Developers Ltd. (ADL), has acquired 8.2 acres in North Bengaluru , further strengthening its presence in the city’s booming real estate market. The project, set to offer mid-premium residential apartments , has a developable potential of 0.9 million sq. ft. and an estimated Gross Development Value (GDV) of ₹1,000 crore . Why North Bengaluru? Located off the Bangalore-Hyderabad Highway , the site is close to the Kempegowda International Airport, IT hubs, and top commercial districts . With renowned schools, hospitals, retail centers , and the upcoming Doddajala metro station (1.8 km away) , the area is an attractive hub for urban homebuyers. Mahindra Lifespaces’ Vision Amit Kumar Sinha, MD & CEO of Mahindra Lifespaces, stated, “Bengaluru is a key market for us, and this will be our seventh project in the city. Given its connectivity and infrastructure, North Bengaluru is ...
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