Mahindra Lifespace Developers today announced that it has finalised the terms to purchase approximately 3.2 acres of land in Pimpri, Pune, from Mahindra & Mahindra. The purchase is expected to be concluded in around six months, subject to the fulfillment of agreed conditions by both buyer and seller.
The land parcel is strategically located in the residential area of Nehru Nagar.
This new project will offer approximately 3.25 lakh sq. ft. of carpet area. When it is launched, this will be Mahindra Lifespaces fourth residential project in the micro market. Its last project in that market, Mahindra Centralis, was sold out at launch in 2019.
Mahindra Lifespaces® to strengthen presence in Pune
equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
ACB arrests MPDO for accepting bribe in Telangana s Kothagudem
aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.