Mahindra Lifespaces recognized with a Double ‘A’ leadership score in CDP’s Climate Change and Water Security rankings

Mahindra Lifespaces® is the only Indian company to secure a place on CDP’s annual ‘A’ list and has been awarded the ‘Leadership’ status.

Mahindra Lifespaces® to acquire land in Kandivali from M&M

Mumbai, 10^th February, 2022 – Mahindra Lifespace Developers Ltd. today announced that it will purchase approximately 9.24 acres of land in Kandivali from Mahindra & Mahindra Ltd. for real estate development. This new project is Mahindra Lifespaces’ second residential development in Kandivali after its successful ‘Mahindra Roots’ project and will offer approximately 1 million sq. ft. of carpet area. The project is expected to be launched in FY 2023.

Mahindra Lifespaces® announces industry-first group health insurance for homebuyers

Mumbai, 8^th February, 2022: Mahindra Lifespaces today announced a first-of-its-kind group health insurance plan for real estate consumers in India. Under the offering, which will initially be available to homebuyers in Mahindra Lifespaces’ newly launched value housing project in MMR (Mumbai Metropolitan Region) Mahindra Happinest Kalyan 2, buyers will be provided a health insurance cover of between Rs 3 lakh and Rs 5 lakh. This novel “Group Care 360” policy is underwritten by Care Health Insurance.

Mahindra Lifespaces® achieves consolidated profit of Rs. 25 crore in Q3 FY22

Residential pre-sales and industrial leasing of Rs. 390 crore

Mumbai, February 04, 2022 – Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development business of the Mahindra Group, announced its financial results for the quarter ended 31^st Dec 2021 today.

In accordance with IND AS 115, Company recognizes its revenues on completion of contract method.

Launch guidebooks and toolkits to drive wider adoption of resource-efficient practices in India’s real estate and construction industry

Mumbai/Delhi, November 22nd, 2021: Mahindra Lifespaces® (MLDL), the real estate and infrastructure development arm of the Mahindra Group, and The Energy and Resources Institute (TERI) today published key findings from five years of research on resource-efficient buildings, materials and technologies tailored to Indian climates and conditions.

Mahindra Lifespaces® announces Joint Development in Mumbai

Mumbai, October 27, 2021: Mahindra Lifespace Developers Ltd., the real estate arm of Mahindra Group, has finalised terms for a joint development on a 4.8-acre land parcel in Dahisar East. Strategically located on the Western Express Highway, this is Mahindra Lifespaces’ first project in Dahisar and will offer approximately 5 lakh sq. ft. of carpet area.

Mahindra Lifespaces® achieves residential sales of Rs. 303 crore during Q2 FY2022

Mumbai, October 26, 2021 – Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development business of the Mahindra Group, announced its financial results for the quarter ended 30^th Sep 2021 today.

In accordance with IND AS 115, Company recognizes its revenues on completion of contract method.

FINANCIAL HIGHLIGHTS FOR Q2 FY22:

Mahindra Lifespaces® appoints Jitesh Donga as Chief of Design

Mumbai, September 16^th, 2021: Mahindra Lifespace Developers Ltd., the real estate and infrastructure development arm of Mahindra Group, today announced that it has appointed Jitesh Donga as Chief of Design. Jitesh will lead Design conceptualisation and execution for Mahindra Lifespaces’ projects across India, comprising residential developments, integrated cities and industrial parks.

Mahindra Lifespaces® becomes the first real estate company in India to adopt ‘Stay-in-Place Formwork’ in a large-scale residential project

Pioneers the use of Holographic Computing for real-time, cloud-based, multi-stakeholder collaboration in the construction process

Mahindra Lifespaces® appoints Rajaram Pai as Chief Business Officer - Industrial

Mumbai, June 16, 2021: Mahindra Lifespace Developers Limited, the real estate and infrastructure development arm of Mahindra Group, today announced the appointment of Mr. Rajaram Pai as Chief Business Officer – Industrial. Rajaram will oversee strategy, planning, development, sales, operations and value creation for the Integrated Cities & Industrial Clusters (IC & IC) business vertical of the Company spanning Mahindra World City and ORIGINS developments across India.