Mahindra Lifespaces Plans To Concentrate On Collaborative VenturesMahindra Lifespaces Delivered Rs 1243 Crore Projects In First Nine Months Of 2023Mahindra Lifespaces Focusing On Emerging Micro MarketsMahindra Lifespaces Upcoming And Current Projects As part of its plan to achieve five-fold growth in pre-sales in the next five years, Mahindra Lifespace Developers, the real estate and infrastructure...
The focus is now on land purchases as real estate developers are picking up the pace with new projects as major companies have high sales goals for themselves beginning this year. According to JLL India report, approximately 100 land transactions encompassing a region with a 209 million square foot development potential occurred between January 2022 and May 2023. About 84% of this was allocated...
Real estate developers have purchased over 2,200-acre land parcels for around Rs 26,000 crore since January last year, primarily to create residential developments as per JLL India. The developers have bought around 2,181 acres of land area in the last 17 months (January 2022-May 2023) valued at over Rs 26,000 crore, with an estimated development potential of approximately 209 million square feet...
Listen To The Article Mahindra Lifespace Developers, a leading real estate and infrastructure development body of Mahindra Group, will revamp two neighboring residential societies in Mumbai’s Santacruz West. These two residential projects will be developed on approximately 1.27 acres with a revenue potential of about 500 crores. As per Arvind Subramanian, MD and CEO of Mahindra...
Listen To The Article Keystone Realtors, which operates under the brand Rustomjee, has been awarded a 4.2-acre redevelopment project in Chembur, Mumbai. It won the race to redevelop Basant Park, receiving more than four-fifths of the society's votes. The architect for the new project is Hafeez Contractor, and the contractor is L&T. The development agreement will most likely be signed...
Listen To The Article Mahindra Lifespace Developers (Mahindra Lifespaces) has completed the acquisition of freehold land measuring approximately 9.24 acres in Village Akurli, Kandivali East, Mumbai, from the company's promoter, Mahindra and Mahindra (M&M), according to a BSE filing. The total consideration for the transaction is Rs. 365 crore, payable in instalments, plus 7% annual interest payable...