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Mahindra Lifespaces forays into plotted development

Delhi, July 3, 2023: Mahindra Lifespaces Developers Limited (MLDL), on Monday announced its foray into plotted developments. The brand unveiled its first plotted development project ‘Lakefront Estatesby Mahindra’ at Mahindra World City (MWC), Chennai. Spread over 19 acres, the project will offer a wide range of plots with sizes up to 5000 sq. ft., says a press release issued by the company.

Lakefront Estates is located amidst Paranur hills, overlooking 2200 acres Kolavai Lake with an urban forest to the north of the project, spread over 80 acres.

Amit Kumar Sinha, MD & CEO, Mahindra Lifespaces Developers Limited, said, “Plotted developments have emerged as a game changer in the Indian real estate market, offering homebuyers a unique opportunity to craft their dream homes. It gives me immense pleasure to announce our entry into this new category for Mahindra Lifespaces, with the launch of Lakefront Estates by Mahindra. As the markets in South witness a healthy surge in demand for plotted developments, we are proud to offer a project that seamlessly blends picturesque landscapes, superior connectivity, and a vibrant community, thereby offering a truly unparalleled lifestyle. With this project, we are confident of offering our customers an opportunity to build not just homes, but a legacy that they can cherish for generations to come.”