Mahindra Lifespace Developers’ wholly owned subsidiary-- Anthurium Developers (ADL) has executed the Joint Development Agreement (JDA) with GKW, for jointly developing land located at Kanjur, Bhandup West, Mumbai land admeasuring approximately 36.87 acres (1,49,239.70 sq. meters). 

The entire construction and development of the Project Land will be completed in the manner set out in the JDA. ADL’s net revenue share would be 70.5% and the GKW’s net revenue share would be 29.5%. The net revenue share may be revised depending on the achievement of milestones as per the JDA.

Mahindra Lifespace Developers is the real estate and infrastructure development company and a pioneer of sustainable urbanization in India.