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What is the story about?
Mahindra Lifespace Developers Ltd., the real estate and infrastructure development arm of the Mahindra Group, has announced the launch of Mahindra Blossom, a premium residential project in Whitefield, Bengaluru. The development has a potential gross development value of around ₹1,900 crore.
The company said Mahindra Blossom is positioned to emerge as one of the most sought after addresses in the Whitefield micro market. The launch underlines Mahindra Lifespaces' strategy of strengthening its presence in Bengaluru, which remains a core focus market, according to an exchange filing.
Mahindra Blossom will be the company's third Net Zero residential project in the city.
The project will offer 2, 3, 3.5 and 4 BHK homes, with 75% open to sky spaces, cross ventilated layouts, Vaastu compliant entrances and expansive balconies. The homes are designed to maximise natural light, air and views, with select residences featuring walk in wardrobes and 20 feet long balconies.
Commenting on the launch, Vimalendra Singh, chief business officer residential at Mahindra Lifespace Developers, said Bengaluru continues to be a key market for the company's residential expansion strategy, driven by strong end user demand. He added that Whitefield has seen steady absorption, supported by improved connectivity and a deep employment base.
Shares of Mahindra Lifespace Developers Ltd. closed 0.74% higher on Wednesday at ₹399.60. The stock is down about 7% so far in 2025.
The company said Mahindra Blossom is positioned to emerge as one of the most sought after addresses in the Whitefield micro market. The launch underlines Mahindra Lifespaces' strategy of strengthening its presence in Bengaluru, which remains a core focus market, according to an exchange filing.
Mahindra Blossom will be the company's third Net Zero residential project in the city.
The project will offer 2, 3, 3.5 and 4 BHK homes, with 75% open to sky spaces, cross ventilated layouts, Vaastu compliant entrances and expansive balconies. The homes are designed to maximise natural light, air and views, with select residences featuring walk in wardrobes and 20 feet long balconies.
Commenting on the launch, Vimalendra Singh, chief business officer residential at Mahindra Lifespace Developers, said Bengaluru continues to be a key market for the company's residential expansion strategy, driven by strong end user demand. He added that Whitefield has seen steady absorption, supported by improved connectivity and a deep employment base.
Shares of Mahindra Lifespace Developers Ltd. closed 0.74% higher on Wednesday at ₹399.60. The stock is down about 7% so far in 2025.
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