Mahindra Lifespace Acquires 8.2-Acre Land in Doddajala, North Bengaluru
Mahindra Lifespace Enters North Bengaluru's Airport Corridor with 8.2-Acre Acquisition
Mahindra Lifespace Developers Limited through its subsidiary Anthurium Developers Ltd has acquired 8.2 acres of land in North Bengaluru, marking a strategic addition to its growing portfolio in the city.
The land has a developable potential of approximately 0.9 million square feet of saleable area and a projected Gross Development Value of almost INR 1,000 crore. The project will primarily feature mid-premium residential apartments catering to the rising demand for quality housing in Bengaluru.
Seventh Project Signals Deepening Bengaluru Commitment
This will be Mahindra Lifespace Developers' seventh project in the city. The acquisition reflects the developer's confidence in North Bengaluru as a residential growth corridor. According to Amit Kumar Sinha, Managing Director & CEO, given the proximity to the international airport and major tech parks, North Bengaluru will be an important micro-market with strong demand for well-planned, high-quality homes.
Strategic Location Off Bangalore-Hyderabad Highway
The site is strategically located off the Bangalore-Hyderabad Highway, with proximity to the international airport, IT hubs, commercial offices, and a growing and developing social infrastructure. The area offers access to renowned educational institutions, healthcare facilities, retail hubs.
The immediate micro-market has emerged as a nexus of three distinct growth drivers. Doddajala sits at the inflection point of the airport-led growth zone, the established North Bengaluru residential belt, and the early Aerospace SEZ industrial cluster—an overlap that has attracted office tenants, school operators, and infrastructure spend over the last five years. North Bengaluru is simultaneously benefiting from multiple infrastructure investments, including Airport City developments, logistics parks, commercial hubs, aerospace clusters, and road upgrades around the KIA region.
Metro Proximity: A Key Transit Draw
Just 1.8 km from the upcoming Doddajala metro station, the location is ideal for urban homebuyers. The Doddajala Metro Station is an upcoming elevated metro station on the Blue Line, with an opening targeted for June 2027. Housing prices in key catchments such as Hebbal, Jakkur and Yelahanka have outpaced city averages, signalling the emergence of a pre-launch metro premium in select micro-markets.
The transit-oriented development opportunity has begun attracting institutional capital to the area. Multiple large-format projects have recently announced or launched in the immediate vicinity, positioning Doddajala as a focal point of North Bengaluru's residential build-out.
Launch Timeline and Development Pace
Mahindra Lifespaces plans to launch the project within the next nine months. The phased development approach is typical for mid-premium residential projects of this scale in Bengaluru's airport corridor.
Developer Profile: Three Decades of Green Building
Established in 1994, Mahindra Lifespace Developers 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 35.06 million square feet of completed, ongoing and forthcoming residential projects across seven Indian cities, and over 5,000 acres of ongoing and forthcoming projects under development or management at its integrated developments and 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. The company has already launched India's first three Net Zero residential developments: one Net Zero Energy and two Net Zero Energy+ Waste, showcasing its dedication to environmental responsibility and innovation.
With a 100% Green portfolio since 2014, the Company is working towards carbon neutrality by 2040 and actively supports research on green buildings tailored to climatic conditions in India.
Recent Bengaluru Expansion
The Doddajala acquisition marks the latest in a series of Bengaluru-focused moves. In December 2025, Mahindra Lifespace Developers launched Mahindra Blossom, a Net Zero Waste residential project in Whitefield, Bengaluru, with an estimated gross development value of ₹1,900 crore. Mahindra Zen, Bengaluru's first Net Zero Waste + Energy residential project, received over 150 homes booked within the first two days, accounting for 65% of the launched inventory and generating presales worth Rs 350+ crore.
The sustained investment in Bengaluru reflects the city's resilience as a demand driver for quality residential real estate, anchored by its IT sector employment base and improving transport infrastructure.