Acquired 13.46 acres of land - Mahindra Lifespace Developers Ltd

Code BSE: 532313 NSE:

Mahindra Lifespace Developers Ltd. today announced that it has acquired 13.46 acres of land in the premier neighborhood of Nande- Mahalunge in Pune. The land is estimated to yield a developmentpotential of Rs 3500 Crore The site is strategically located and offers quick access to Hinjewadi, surrounded by well-developed social infrastructure that includes top educational institutes such as Delhi Public School, Mahindra International school, and Symbiosis center for Management. Moreover, the location is also equidistant from Baner-Balewadi and Hinjewadi micro markets which are IT & BFSI hubs of Pune.