News
Mahindra Life transacts with Alliance Gp for 9.24 acres at Mahindra World City, Chennai
New Delhi, March 29, 2023: Mahindra Lifespace Developers Ltd. (MLDL), the real estate and infrastructure development business of the Mahindra Group, has transferred 9.24 acres of residential land to Alliance Group proposed to be developed as a multi-storey residential project under their brand, Urban Rise, says a press release issued by the company.
The land is part of Mahindra World City (MWC), Chennai and the development will be executed by Alliance Group. This project will be an addition to Mahindra World City’s existing residential and commercial offerings. MWC Chennai is already home to 2500 families spread across multi-format residential options ranging from value to the premium segment.
Amit Sinha, Director and Board member, Mahindra Lifespaces Developers Limited, said, “We are excited to welcome Alliance Group into the Mahindra World City. MWC Chennai is an integrated city with a thriving industrial zone combined with social amenities including a school, a hospital, a retail zone, multiple hotels, and a premium club. The proposed development will add to the offerings of MWC Chennai, and further strengthen the value proposition of this integrated city.”
-
News4 weeks ago
Godrej Properties Sells Rs 3k cr+ Homes of Godrej Zenith, Gurugram, within 3 days
-
News4 weeks ago
RBI’s Status Quo on Key Policy Rates to Help Maintain the Real Estate Growth Momentum, Say Industry Stalwarts
-
News2 weeks ago
Noida’s High-Rise Societies Face Multiple Challenges Despite Rapid Urban Growth
-
News2 weeks ago
Olive Announces Dhruv Kalro as Co-Founder
-
News3 weeks ago
Godrej Properties Sells 5000+ Homes of Rs 9.5 cr in Q4FY24, Bookings up 84% YoY
-
News3 weeks ago
Vestian: Domestic Investors Dominate Institutional Investments in Jan-Mar’24
-
News2 weeks ago
India to become the fastest-growing silver economy, housing up to 17% of the world’s elderly population by 2050: CBRE Report
-
News3 weeks ago
HRERA Gurugram Rejects Godrej Properties’ Project Extension Application, Account Frozen For Prolonged Non-compliances