Mahindra Life spaces venturing into low-cost houses in Mumbai and Chennai

By Accommodation Times Bureau

Mahindra Life spaces one of India’s prominent real estate firm is entering the affordable housing segment.

The MD and Chief Executive of the firm said, ‘’we are seriously looking at entering affordable house segment. We have already purchased land in Mumbai and Chennai for this. Whenever we get the approvals firsts we will start project’’. Not divulging further details i.e. when it is launching the first project and size of the investment involved. The realty firm is developing projects in Chennai, Mumbai, Pune, Nagpur, Jaipur. Also in the name of development of residential it has completed 7.14 sq.ft of space and many more to come.

Recent, the company has released a report based on the Global Reporting Initiative(GRI) which report company’s transparency and voluntary disclosure

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