Real estate consultant Anarock noted that the unfettered demand for housing across the country has enabled the country's leading large and listed developers to reduce their debt
The land is estimated to have a developable potential of around 4.6 lakh square feet of saleable area and a Gross Development Value (GDV) of about Rs 400 crore
Macrotech Developers, which markets its properties under Lodha brand, has a significant presence in Mumbai Metropolitan Region and Pune
MWC Chennai is already home to 2,500 families spread across multi-format residential options ranging from value to the premium segment
In February this year, Mahindra Lifespace had announced that it would purchase the land in Kandivali, Mumbai from Mahindra & Mahindra Ltd for the development of a housing project
The land is estimated to have a developable potential of approximately 2 million square feet of saleable area and a Gross Development Value of around Rs 1,700 crore
The project will offer Mahindra Lifespaces a revenue potential of around Rs 500 crore, the filing added
