Mumbai, March 28 -- The land is estimated to have a developable potential of approximately 0.2 million square feet of saleable area and a gross development value (GDV) of approximately Rs 225 crore, primarily comprising mid-premium residential apartments.

Located in the vibrant area of Whitefield, the site offers connectivity to tech parks and commercial offices, complemented by social infrastructure that includes educational institutes, healthcare facilities, and retail options.

Amit Kumar Sinha, managing director & CEO, Mahindra Lifespace Developers, said: "This acquisition marks yet another significant step in our strategy of expanding our footprint in key micro markets and reinforces our vision to create sustainable urban communitie...