Mahindra Lifespaces enters Pune East, launches Mahindra Codename Crown in Kharadi Annex

Redefining Living with 506 Units of thoughtfully crafted homes

Pune, March 5, 2024: Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, announced the launch of Mahindra Codename Crown. This is a strategically located development built in the vibrant Kharadi Annex, four km from the World Trade Center. Situated on a lush 5.38-acre property, Mahindra Codename Crown offers a range of 2, 3 and 4 BHK homes, promising a premium living experience and received RERA on March 4, 2024.

Mahindra Lifespaces launches second phase of Happinest Palghar - 2

~ Strengthens footprint in MMR with the launch of the first-of-its-kind homes with a private energy park

Mumbai, 07 December 2023: Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, today, announced the launch of the second phase of Mahindra Happinest Palghar - 2. Spanning approximately 1.86 acre, the project consists of 260, 1 BHK and 2 BHK apartments, with carpet areas ranging from 390.51 sq. ft. to 542.06 sq. ft. and 47 retail shops.

Tech Mahindra and Mahindra Lifespaces Partner to Drive Innovation in PropTech

Platform to provide first-of-its-kind photo realism & fully immersive experiences to home buyers using Epic Games’ Unreal Engine 5

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® targets senior living

Mumbai, October 1, 2021: Mahindra Lifespace Developers Ltd., the real estate arm of Mahindra Group, has transferred 15.64 acres of residential land on perpetual lease to Ashiana Housing Ltd., a leading developer of homes for senior living in India. With the proposed development, Mahindra World City (MWC), Chennai, which is already home to more than 2500 families across multi-format residences, will offer a wider array of residential options ranging from value homes to the mid – premium segment, and now senior living.