Mahindra Lifespaces expands footprint in North Bengaluru with Strategic Acquisition worth INR 1100 Crore GDV
India, July 4 -- Mahindra Lifespace Developers Ltd. ("Company") announced the signing of a Share Purchase Agreement (SPA) with Shreyas Stones Private Limited ("SSPL"), whereby the shareholders of SSPL have agreed to sell their entire stake (i.e. 100% of the equity shares).This acquisition unlocks a premium development opportunity with an estimated Gross Development Value (GDV) of INR 1,100 crore. Located off the Bengaluru-Hyderabad Highway and in close proximity to the Kempegowda International Airport, the site offers strong connectivity and strategic access to North Bengaluru's rapidly evolving ecosystem. The micro-market is home to IT parks, commercial hubs, leading educational institutions, healthcare facilities, retail destinations, and...
To read the full article or to get the complete feed from this publication, please
Contact Us.