Mahindra Lifespaces to develop 10.05-acre land parcel in North Bengaluru with INR 1,250 crore GDV
Mahindra Lifespace Developers announced on 27 October 2026 the joint development of a 10.05-acre land parcel in North Bengaluru, estimated to have a GDV of around INR 1,250 crore.
By ScoutQuest · · 1 min read
- Land parcel size
- 10.05-acre
- Estimated GDV
- around INR 1,250 crore
- Project launch timeline
- within the next nine months
- Release
- Deal / acquisition
🔬 Mahindra Lifespaces expects to launch the project within the next nine months, and the development will primarily comprise premium residential apartments.
🌍 The site is located approximately 8 Kilometer away from the Kempegowda International Airport, off the Bengaluru-Hyderabad Highway, the company says.
📌 With this addition, the company now has three projects in North Bengaluru, including two land parcels acquired in 2025, with a combined development potential of approximately 3 million sq. ft. of saleable area.
Also from Mahindra Lifespace Developers
Q2/H1 FY27 call: residential sales ₹1,988 crore, PAT ₹102 crore, GDV pipeline ₹50,000 crore
28 Oct 2026
Clarification: subsidiary name corrected to Mahindra Sakura Developers Private Limited in Q2 disclosure
26 Oct 2026
Mahindra Lifespace reported H1 pre-sales growth of 48% YoY and gave FY guidance of 4,500-5,000 crore rupees in residential pre-sales, targeting 9,500 crore rupees annual pre-sales by FY30
23 Oct 2026
More numbers
- Gross Development Value (GDV), North Bengaluru projectINR 1,250 crore
- Land parcel, North Bengaluru project10.05 acre
- Saleable area, North Bengaluru projectapproximately 1 million sq. ft.
- Development potential, three North Bengaluru projectsapproximately 3 million sq. ft.
- Distance from Kempegowda International Airportapproximately 8 Kilometer
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