Redrow Homes East Midlands has acquired a 14.37-acre site for the construction of 203 new homes in Hugglescote.
Hugglescote Grange, on Grange Road, marks the fourth development announced by the division this year as it continues to expand across the region, providing new homes for the people of Leicestershire.
The development will feature two, three and four-bedroom homes.
New residents will be able to move into Hugglescote Grange from summer next year.
The housebuilder will also be providing contributions to support the local area, including the local library, care facilities and additional funding for the local high school.
Martyn Pask, Managing Director for Redrow Homes East Midlands, said: “We are excited to be announcing our fourth development for the region this year.
“Across the East Midlands we’ve seen a surge in demand from house buyers looking for a slice of country life, wanting homes with gardens, and more flexible space for home offices and gyms.
“Nestled in the village of Hugglescote, with a central green and links to wider open spaces, Hugglescote Grange is also within easy reach of Leicester – offering the perfect mix of rural living, with fantastic commuter links.”