Mahindra Lifespace Developers Ltd acquired 13.46 acres in Nande-Mahalunge area near Pune on October 11, with estimated development potential of ₹3,500 crore. The land is located close to Hinjewadi and equidistant from Baner-Balewadi and Hinjewadi IT and BFSI hubs. The location offers quick access to well-developed social infrastructure including top educational institutes. The site is strategically located in the well-planned Mahalunge micro-market with connectivity through the proposed PMRDA Town Planning Scheme and upcoming Inner Ring Road next to Hinjewadi. Mahalunge-Nande-Maan micro-markets have witnessed strong absorption over recent years with growing demand for high-quality homes with modern amenities.