Mahindra Lifespace acquires prime 5.38 acres in Pune’s Wagholi

Mahindra Lifespace Developers Ltd. has proudly announced the acquisition of 5.38 acres of premium land in Pune‘s sought-after neighborhood, Wagholi. This prime land is poised to offer a colossal development potential, with over 1.5 million square feet identified as the saleable area.

Amit Kumar Sinha Highlights Wagholi’s Prospects and Company’s Vision

Amit Kumar Sinha, the dynamic Managing Director & CEO of Mahindra Lifespace Developers Ltd., shed light on the acquisition. “Wagholi stands out as a high potential micro-market of Pune, witnessing an escalating demand for top-tier residential spaces,” Sinha noted. He further emphasized the land’s strategic position within the masterfully planned Kharadi-Wagholi micro-market, renowned for its robust amenities and civic infrastructure. Sinha reiterated, “This acquisition underscores our unwavering commitment to Pune and fortifies our strategy to further cement our foothold in the city’s key micro-markets.”

Strategic Location Amplifies Project’s Appeal

The acquired site enjoys a coveted position in East Pune’s upscale locality. Future residents can look forward to a life enriched by a well-rounded social infrastructure. Renowned educational establishments, including Wellington College International, Euro School, and Poddar International school, are in close vicinity. Adding to its allure, the project is conveniently located near commercial powerhouses such as the World Trade Centre and EON Free Zone. The site’s proximity to IT hotspots like Viman Nagar, Magarpatta, and Hadapsar further accentuates its appeal to the urban professional.