India, Feb. 18 -- Listed real estate developer Mahindra Lifespaces Developers Limited (MLDL) on February 18 announced that it has partnered with Livingstone Infra Private Limited (LS) for a cluster redevelopment project in Mumbai's Mahalaxmi. The project has a Gross Development Value (GDV) of Rs.1650 crore.

"This development marks Mahindra Lifespaces' strategic expansion into South Mumbai's premium real estate market by creating residences that contribute to Mumbai's urban renewal. The redevelopment aims to showcase cutting-edge design, sustainable elements, and premium amenities, enhancing the city's skyline," said Amit Kumar Sinha, Managing Director and CEO, Mahindra Lifespace Developers Ltd.

According to the company, the project is l...