A Mahindra Lifespaces project in North Bengaluru is planned on a 10.05-acre site under a joint development agreement, with an estimated gross development value of Rs 1,250 crore. The development is expected to provide around 1 million square feet of saleable area, primarily premium residential apartments.

Mahindra Lifespaces project adds to regional portfolio

The agreement, reported on October 27, 2026, gives Mahindra Lifespace Developers three projects in North Bengaluru, including two land parcels acquired in 2025. Together, the three have development potential of more than 3 million square feet of saleable area.

The latest site is about 8 kilometers from Kempegowda International Airport and is located off the Bengaluru-Hyderabad Highway. It has access to technology parks, commercial hubs and social infrastructure.

Company cites demand for residential development

Vimalendra Singh, the company’s chief business officer for residential development, described North Bengaluru as a key growth market, citing infrastructure development and demand for quality housing. He said the response to the company’s projects supported its confidence in expanding in the region.

The Rs 1,250 crore figure is an estimated gross development value, not reported revenue from completed apartment sales.

Update — 2026-10-27

Mahindra Lifespace Developers expects to launch its North Bengaluru joint development within nine months of its October 27, 2026 announcement, according to the company’s project announcement. The company did not specify an exact launch date, describing the timing as an expectation rather than a fixed schedule.

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