We show that it is possible to realize a “ μ-split SUSY” scenario (Cheng and Cheng, 2005) [1] in the context of large volume limit of type IIB compactifications on Swiss-cheese Calabi–Yau orientifolds in the presence of a mobile space–time filling D3-brane and a (stack of) D7-brane(s) wrapping the “big” divisor. For this, we investigate the possibility of getting one Higgs to be light while other to be heavy in addition to a heavy higgsino mass parameter. Further, we examine the existence of long lived gluino that manifests one of the major consequences of μ-split SUSY scenario, by computing its decay width as well as lifetime corresponding to the three-body decays of the gluino into either a quark, a squark and a neutralino or a quark, squark and goldstino, as well as two-body decays of the gluino into either a neutralino and a gluon or a goldstino and a gluon. Guided by the geometric Kähler potential for Σ B obtained in Misra and Shukla (2010) [2] based on GLSM techniques, and the Donaldsonʼs algorithm (Barun et al., 2008) [3] for obtaining numerically a Ricci-flat metric, we give details of our calculation in Misra and Shukla (2011) [4] pertaining to our proposed metric for the full Swiss-cheese Calabi–Yau (the geometric Kähler potential being needed to be included in the full moduli space Kähler potential in the presence of the mobile space–time filling D3-brane), but for simplicity of calculation, close to the big divisor, which is Ricci-flat in the large volume limit. Also, as an application of the one-loop RG flow solution for the higgsino mass parameter, we show that the contribution to the neutrino masses at the EW scale from dimension-six operators arising from the Kähler potential, is suppressed relative to the Weinberg-type dimension-five operators.