Mahindra Lifespace Developers said its subsidiary Anthurium Developers, has entered into a joint development agreement with warehousing and logistics solutions player GKW for developing a nearly 37-acre land parcel located in Kanjur, Bhandup West, Mumbai.
This land parcel has a development potential of about nearly approximately 3.6 million square feet. The project will be one of Mumbai’s largest mixed-use developments, primarily focused on the residential segment, along with supporting commercial and retail components. Anarock Capital facilitated the deal, and Khaitan & Co acted as the legal adviser.