Mahindra Lifespace buys 9-acre land parcel in Bengaluru for Rs 199 cr, eyes Rs 1,100 cr revenue

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Mahindra Lifespace Developers Ltd has acquired approximately 9 acres of land in Bengaluru for nearly Rs 200 crore through the acquisition of Shreyas Stones Pvt Ltd. This strategic move allows Mahindra Lifespace to develop a housing project with an estimated Gross Development Value of Rs 1,100 crore.