Mahindra's ₹1,250-crore Bengaluru residential bet

What happened: Mahindra Lifespaces announced a ₹1,250-crore residential project in Bengaluru, with launch expected within nine months. Key numbers: ₹1,250 crore investment; around 1 million sq ft saleable area; site about 8 km from the airport; three projects in the region with combined potential of approximately 3 million sq ft. Why it matters: The project strengthens Mahindra Lifespaces' presence in northern Bengaluru, a market the company says is supported by infrastructure development and housing demand.

Mahindra Lifespaces announced a ₹1,250-crore residential project in Bengaluru, with launch expected within nine months.

The project strengthens Mahindra Lifespaces' presence in northern Bengaluru, a market the company says is supported by infrastructure development and housing demand.