+
Mahindra Lifespaces Development sells 9.24 acre of land to Urban Rise
Real Estate

Mahindra Lifespaces Development sells 9.24 acre of land to Urban Rise

The Mahindra Group's real estate and infrastructure development company, Mahindra Lifespaces Developers (MLDL), has sold Urban Rise, Alliance Group, 9.24 acre of residential land.

The site is a part of Chennai's Mahindra World City (MWC), and Alliance Group will handle the development. The cost of an acre of land in Chengalpattu ranges from Rs 35 million to Rs 50 million.

MWC Chennai is an integrated city with a vibrant industrial zone paired with social amenities like a school, a hospital, a retail zone, numerous hotels, and a premium club.

The proposed construction will increase MWC Chennai's product options and enhance the value of this integrated metropolis.

The project will be constructed under Alliance Group's Urban Rise brand and is on a permanent lease.

The proposed project will enhance the current residential and business options in Mahindra World City. 2500 families have already moved into MWC Chennai's multi-format residential alternatives, which range from the value to the premium category.

Also read:
NBCC inks MoU to help in cons. of 1 lakh housing units
Runwal Group invests Rs 45 billion in commercial real estate


The Mahindra Group's real estate and infrastructure development company, Mahindra Lifespaces Developers (MLDL), has sold Urban Rise, Alliance Group, 9.24 acre of residential land. The site is a part of Chennai's Mahindra World City (MWC), and Alliance Group will handle the development. The cost of an acre of land in Chengalpattu ranges from Rs 35 million to Rs 50 million. MWC Chennai is an integrated city with a vibrant industrial zone paired with social amenities like a school, a hospital, a retail zone, numerous hotels, and a premium club. The proposed construction will increase MWC Chennai's product options and enhance the value of this integrated metropolis. The project will be constructed under Alliance Group's Urban Rise brand and is on a permanent lease. The proposed project will enhance the current residential and business options in Mahindra World City. 2500 families have already moved into MWC Chennai's multi-format residential alternatives, which range from the value to the premium category. Also read: NBCC inks MoU to help in cons. of 1 lakh housing units Runwal Group invests Rs 45 billion in commercial real estate

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code