Mumbai, Oct. 11 -- The company said the land parcel enjoys strategic connectivity, offering quick access to Hinjewadi and proximity to key educational institutions such as Delhi Public School, Mahindra International School, and Symbiosis Centre for Management. The site is also equidistant from Baner-Balewadi and Hinjewadi, two of Pune's major IT and BFSI hubs.

Separately, Mahindra Lifespace has been selected as the preferred partner for the redevelopment of four residential societies in Malad (West), Mumbai. The 1.65-acre project has an estimated development potential of around Rs 800 crore.

Located close to the company's ongoing project, Mahindra Codename64, the new Malad development strengthens its presence in the area. The site is ju...