"Total investment on the project will be about Rs 400 to Rs 450 crore...We are looking for about Rs 700-750 crore revenue from the project, and time frame will be four years," Mahindra Lifespaces Developers Managing Director Anita Arjundas told reporters here.
Located on Bannerghatta main road here, the project, Windchimes, is spread over 5.85 acres and offers luxurious 3 and 4 BHK residences in three sizes and across two towers, the company officials said.
Mahindra Lifespaces Developers Ltd has its presence across nine Indian cities- Mumbai, Pune Nagpur, Gurgaon, Faridabad, Jaipur, Chennai, Hyderabad and Bangalore. Its portfolio includes mid, premium and luxury housing segments.
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