Mahindra Lifespaces plans plotted developments foray

Mahindra Lifespace Developers, the real estate and infrastructure development arm of Mahindra Group, is trying to add more revenue streams to its business portfolio by betting on plotted developments in key real estate markets and reconstruction projects in Mumbai, said a summit Manager.

The company now conducts land transactions with a gross development value of more than 55,000 million, including four bids for projects to rebuild middle-income housing associations in the nation financial capital.

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