Mahindra Blossom Receives Transfer of Rights (TOR) RERA Registration from KRERA
Mahindra Blossom Receives Transfer of Rights Registration from KRERA
Mahindra Lifespace Developers Limited has been granted a Transfer of Rights (TOR) Registration Certificate by the Karnataka Real Estate Regulatory Authority (KRERA), bearing registration number TOR/PRM/KA/RERA/1251/446/PR/260615/008348, on 15 June 2026 at 05:47 pm.
What is Transfer of Rights Registration?
Transfer of Rights registration is a distinct regulatory certification under RERA that enables promoters to transfer project rights and liabilities in a structured, transparent manner. The TOR certificate complements the original RERA registration and formalizes the developer's authority to manage and transfer rights related to the project to allottees and other stakeholders.
The company had initially received the original RERA registration in December 2025, which was communicated to the stock exchanges on 17 December 2025. The TOR registration represents a subsequent regulatory milestone that enhances buyer protection and project transparency.
Original Registration and Timeline
The Mahindra Blossom RERA registration number is PRM/KA/RERA/1251/446/PR/171225/008348, with the RERA approval date of 07-11-2025. The project registration approval was formally recorded as December 17, 2025, and the registration is valid until October 31, 2030, subject to regulatory conditions.
The Mahindra Blossom Project
Mahindra Blossom is being developed on approximately 8 acres at Pattandur Agrahara Village, KR Puram Hobli, Bengaluru East, with six high-rise towers featuring B+G+30 floors, housing around 750 premium residences. The project benefits from immediate proximity to the operational Whitefield metro line, significantly improving connectivity to ITPL, Outer Ring Road, KR Puram, and central Bengaluru.
The project offers ultra luxury homes in spacious floor sizes in 2BHK, 3BHK, 3.5BHK & 4BHK units from 1275 sq ft to 2450 sq ft. The planned Possession Date of Mahindra Blossom is October 31, 2030, the official timeline shared by the developer for handing over homes to buyers.
Regulatory Significance
The RERA clearance confirms that Mahindra Blossom complies with statutory requirements related to land title, project timelines, escrow norms, and construction disclosures, with the approval mandating periodic progress updates to KRERA, enhancing transparency for homebuyers.
The latest intimation aligns with the disclosures previously made by Mahindra Lifespace in their letter dated 17 December 2025, as required under the SEBI Listing Regulations and the SEBI Master Circular dated 30 January 2026, and this update has also been made available on the company's website under the investor centre section.
Developer Background
Established in 1994, Mahindra Lifespace Developers Ltd. ('Mahindra Lifespaces') brings the Mahindra Group's philosophy of 'Rise' to India's real estate and infrastructure industry through thriving residential communities and enabling business ecosystems. The Company's development footprint spans 53.65 million sq. ft. (saleable area) of completed, ongoing and forthcoming residential projects across seven Indian cities; and over 5000 acres of ongoing and forthcoming projects under development / management at its integrated developments / industrial clusters across four locations.
As a pioneer in Net Zero homes in India, Mahindra Lifespaces is committed to building only Net Zero homes from 2030 onwards, having already launched India's first three Net Zero residential developments: One Net Zero Energy and two Net Zero Energy+ Waste.
Whitefield Market Context
Whitefield has emerged as one of the most in-demand real estate hubs in East Bangalore, backed by a powerful IT ecosystem and fast-paced infrastructure growth, with the locality home to 400+ IT/ITeS companies, driving consistent housing demand. In 2026, new residential projects in Whitefield including apartments, villas, and plotted developments are witnessing 8–12% annual price appreciation, with average property prices ranging between ₹7,000–₹12,000 per sq. ft. depending on project type and location, and the area delivers rental yields of 3–4.5%, making it attractive for investors seeking steady income.