Mahindra Lifespaces forays into plotted development

financialexpress.com:

Mahindra Lifespaces Developers Ltd (MLDL), the real estate and infrastructure development business of the Mahindra Group, today announced its foray into plotted developments. The brand unveiled its first plotted development project ‘Lakefront Estates by Mahindra’ at Mahindra World City (MWC), Chennai.

Spread over 19 acres, the project will offer a wide range of plots meeting the customers’ needs and aspirations, with sizes up to 5000 sq ft, designed to provide an ideal, customized living experience with green open spaces and access to excellent infrastructure and facilities.

According to the company, Lakefront Estates by Mahindra offers a truly unique living experience, nestled amidst the serene Paranur hills and overlooking 2200 acres of pristine waters of the Kolavai Lake. This picturesque setting is further complemented by an impressive urban forest to the north of the project, spread over 80 acres. In addition to the breathtaking natural beauty surrounding the project, it also boasts eight thematically designed gardens, each with a unique purpose and amenities, providing residents with ample opportunities to relax, rejuvenate and socialize with the vibrant community.

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Commenting on the same, Amit Kumar Sinha, MD & CEO, Mahindra Lifespaces Developers Ltd, 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