Mahindra Lifespace Developers Ltd. has cemented its expansion plans by finalizing a joint development agreement for a 4.8-acre land parcel in the well-connected suburb of Dahisar East, Mumbai. Positioned along the bustling Western Express Highway, this new venture marks Mahindra Lifespaces’ first foray into Dahisar, promising to offer approximately five lakh square feet of prime residential carpet area.
New Residential Hub by Mahindra Lifespaces on Western Express Highway
Arvind Subramanian, the Managing Director and CEO of Mahindra Lifespace Developers Ltd., highlighted the importance of the Mumbai Metropolitan Region for the company’s residential growth strategy. He pointed out Dahisar’s appeal as a residential hotspot, citing its excellent road and rail links, and the added benefit of three upcoming metro lines poised to bolster its connectivity. Subramanian emphasized the company’s commitment to establishing high-quality residential projects in high-demand micro-markets, ensuring a robust expansion of their residential business footprint in Mumbai’s thriving suburbs.
Focusing on High-Demand Micro-Markets for Trusted Residential Projects
The strategic decision by Mahindra Lifespaces to develop in Dahisar East stems from a consistent strategy that prioritizes high-performing micro-markets known for rapid project uptake. This approach has yielded success for the company, affirming its dedication to meeting the housing demands in established suburban locales.
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