Mahindra Lifespaces opens its first international office in Dubai
Dubai,May 26, 2015:Mahindra Lifespace Developers Limited, the real estate and infrastructure development business of the $16.5billion Mahindra Group,announcedthe openingofitsfirst international office in Dubai, UAE.This representative office in Dubaiis locatedinSultan BusinessCentre, next toLamcyPlaza, an easily accessible and central location in Dubai.
Speaking at the launch,Anita Arjundas, Managing Director CEO,Mahindra Lifespace Developers Ltdsaid, The GCC region is a key market for Mahindra Lifespaceswith more than 50% ofourinternational salescomingfrom this region.Oneoutof every threeinternational customersinvesting inIndianreal estate,resides in thisregion, andwith our pan India residential presence, the Dubai representativeoffice will allow us to directly engage with and addresstheneeds of theIndian diasporawho want to stay connected to their roots.
Mahindra Lifespaces hasbeen at the forefront of transforming urban landscapes by creating sustainable communities.ItisIndia’s firstGreen Homes’developerwith one of the largest footprints ofIndian Green Building Council (IGBC)pre-certified and certified green buildings.With a portfolio spanning the mid, premium and luxury housing segments,Mahindra Lifespacesis present acrossMumbai, Pune, Nagpur, Gurgaon, Chennai, Hyderabad andBangalore.
Happinest, Mahindra Lifespaces' recent foray intoaffordable housing, is part of the company’svisionto providequality housing at affordable pricesto the emerging middle class. The two pilotprojectsinChennai andMumbai Metropolitan Region,are endeavors to make homesmoreaccessible andaffordableto customers through financial inclusion and theuse of innovative technologiesand approaches toconstruction.
Theresidentialand commercialdevelopment footprintof Mahindra Lifespacescomprisesover 0.83 millionsq.m. (8.92 millionsq. ft) of completed projectswithover0.96 million sq.m. (10.38 million sq.ft.) of ongoing and forthcoming projects.
Mahindra Lifespaces has also pioneered the concept of integrated business cities through its Mahindra World City’ developments in Chennai and Jaipur. These developments cover 1796 hectares (4,437 acres) and house over 125 reputed global companies, providing an integrated environment for Life, Living and Livelihood.
The company has a strong focus on sustainable developments. It is the first real estate company in India to release its triple-bottom line focused Sustainability Report that is based on the Global Reporting Initiative (GRI) framework with an A+ assessment, indicating the highest levels of transparency and disclosure. Ithas also been recognized in 2014 as a Regional Sector Leader in its category in Asia, by the Global Real Estate Sustainability Benchmark (GRESB)
Mahindra Lifespaces' Dubai Office is located at:
Mahindra Lifespace Developers Limited. - Representative Office,
M-1C, Mezzanine Floor,
Sultan Business Centre,
P.O. Box 119373, OudMetha,
Dubai, United Arab Emirates
The Mahindra Group focuses on enabling people to rise through solutions that power mobility, drive rural prosperity, enhance urban lifestyles and increase business efficiency.
A USD 16.5 billion multinational group based in Mumbai, India, Mahindra provides employment opportunities to over 200,000 people in over 100 countries. Mahindra operates in the key industries that drive economic growth, enjoying a leadership position intractors,utility vehicles,information technology, financial services and vacation ownership. In addition, Mahindra enjoys a strong presence in theagribusiness, aerospace, components, consulting services, defence, energy, industrial equipment, logistics,real estate, retail, steel, commercial vehicles andtwo wheeler industries.
In 2014, Mahindra featured on the Forbes Global 2000, a comprehensive listing of the world’s largest, most powerful public companies, as measured by revenue, profit, assets and market value. The Mahindra Group also received the Financial Times Boldness in Business’ Award in the Emerging Markets’ category in 2013.
Visit us at www.mahindra.com
For further enquiries please contact:
General Manager, Group Communications
Tel: +91 22 24916855
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