Mahindra Lifespaces JV firm buys land at Thane in Maharashtra

  • The land has a potential to develop a housing project comprising of over 8 lakh sq ft.
  • The company said Mahindra Happinest Developers Ltd has executed a conveyance deed with the land owners for acquisition of the land parcel.
  • Mahindra Happinest Developer is a joint venture between HDFC Capital Affordable Real Estate Fund -1 and a subsidiary of Mahindra Lifespace.
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mahindra lifespaces

Realty firm Mahindra Lifespace said its joint venture has acquired land in Thane, Maharashtra, that has a potential to develop a housing project comprising of over 8 lakh sq ft.

In a filing to BSE, the company said Mahindra Happinest Developers Ltd has executed a conveyance deed with the land owners for acquisition of the land parcel which is situated in Mumbai Metropolitan Region at Village Ranjnoli, Taluka Bhiwandi, District Thane having residential development potential of up to 0.84 million sq ft.

Mahindra Happinest Developer is a joint venture between HDFC Capital Affordable Real Estate Fund -1 and a subsidiary of Mahindra Lifespace.

Biltrax Construction Data is tracking this project on their technology platform for their Clients.

For more information reach out to us at (+91) ​79771 55121, contact@biltrax.comor visit https://www.biltrax.com/

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