India, June 27 -- Listed real estate developer Mahindra Lifespaces Developers Limited (MLDL) announced on June 27 that it has been appointed the preferred developer for the redevelopment of a premium housing society in the Mulund West area of Mumbai. The developer expects a revenue of about Rs.1,250 crore.

In a regulatory filing on Friday, the company informed that it has been appointed as the "preferred developer for the redevelopment of a premium housing society in Mulund (West), Mumbai.

According to the company, the project spans a 3.08-acre land parcel and has an estimated development value of approximately Rs.1,250 crore.

The company said that the site offers excellent connectivity, being just 1.4km from the upcoming Mumbai Metro ...