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23 April, 2024 18:26 IST
Mahindra Lifespace completes first residential project in Nagpur
Source: IRIS | 05 Aug, 2015, 06.00PM
Rating: NAN / 5 stars.
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Mahindra Lifespace Developers (MLDL), the real estate and infrastructure development arm of Mahindra Group, Mahindra Lifespace Developers (MLDL), today announced that it has completed handover of 35 units in Bloomdale, its first residential project in Nagpur (at MIHAN), thereby becoming the first developer to commence handover in the region.  Another 40 units in Phase 1 - comprising 1BHK, 2BHK, 3BHK apartments and row houses are expected to be handed over in the course of the next two months.

A 25 acre gated community, Bloomdale is all set to emerge as a natural first choice of residence for those seeking community living options close to their place of work. This is primarily because it is in close proximity to companies that are operational in MIHAN, as well as those that are at various stages of facility development. With an international school located right next door, the airport a short distance away, and fast-track connectivity to Nagpur's city centre via NH7, Bloomdale ensures incomparable locational advantages to residents. Additionally, resident welfare measures by Mahindra Lifespaces such as an upcoming grocery store and a 'Neighbourhood Guide' ensure that the moving in experience is seamless and enjoyable for all residents.

Commenting on the occasion, Commodore Arun Nayar, Business Head, Mahindra Bebanco Developers  (the joint venture between Mahindra Lifespace Developers and B.E. Billimoria & Co. that is developing Bloomdale) said, ''With MIHAN rapidly emerging as an industrial and technological hub, we believe that Bloomdale presents a compelling investment opportunity, in addition to being a destination of choice for those who wish to embrace a holistic lifestyle in harmony with nature and the community.  We are proud to be early contributors to the MIHAN cityscape via Bloomdale, which has been designed and developed with a view to provide a healthy, lively and sustainable residential environment.  We would like to extend a warm welcome to all residents.''

Sarita Vichore, one of the first customers to take possession at Bloomdale, said, ''Seeing my new home is like a dream come true for me and my family.  Mahindra Lifespaces' staff have always been courteous and responsive to all our needs and requests.  It’s been a great journey towards a home we can truly call our own, and we have rested easy knowing that every little detail will be looked into.  We look forward to being part of a healthy and vibrant community at Bloomdale.''

Shares of the company declined Rs 1.1, or 0.25%, to settle at Rs 439. The total volume of shares traded was 6,216 at the BSE (Wednesday).

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