Mahindra group
The Mahindra Group is one of the largest business conglomerates in the country and has recently pinned positive hopes on the Indian Government’s plan to build smart cities. According to latest developments, the $16.5 billion conglomerate, Mahindra Group is placing high hopes on the Indian government’s recent plan to create smart cities. The Group has [...] Continue Reading »
Mahindra Lifespace Developers Limited has kicked off their race in the weekend homes sector with their new venture, “The Serenes”. Located at Alibaug, a mere 0.7 km from the gorgeous Nagaon beach, The Serenes is bound to attract attention to the already thriving weekend hotspot that is frequented by the Mumbai upper class. The developers [...] Continue Reading »
Over the span of the next one year, the Mahindra Group is planning to make a strategic investment in the affordable housing arena. According to an announcement made recently by Mahindra Lifespace Developers (MLDL), an investment of Rs 350 crore will be made by the company in the affordable housing space in the coming year. [...] Continue Reading »
Sriram S Mahadevan who is the Business Head of Mahindra Lifespace Developers compares affordable homes to products carrying maximum retail price or MRP labels. Any rise in the price which is above Rs 20 lakh or Rs 2400-Rs 2600 per sq ft would have the target clientele rejecting the product he said. With 1.5 million [...] Continue Reading »
The Mahindra Lifespace developers which is the infrastructure division of the $16.5 billion Mahindra Group stated that its Mahindra World City township has got the Stage I certification under the India Green Building Council (IBGC) Green Townships. Mahindra World City which is the Special Economic Zone of Mahindra Lifespace Developers is located near the Singaperumal [...] Continue Reading »
After ruling India for more than 200 years, the East India Company (EIC) is heading back to India again. It had come to India for trade, and had brought in the British to rule the land before the Independence movement started and they had to leave in 1947. However this time they are not coming [...] Continue Reading »
Mahindra Lifespace Developers Ltd (A subsidiary of Mahindra and Mahindra) has gone into a buying spree to increase their land inventory. They are anticipating a boom in the real estate sector and hence want to replenish the land bank which will be used in the next three years in the upcoming new projects. A top company [...] Continue Reading »
A 63 per cent fall is reported in consolidated net profit of Mumbai-based Mahindra Lifespaces for the fourth quarter ended March 31 at Rs 30.3 crore against Rs 81.74 crore in the year ago period. From Rs 141 crore in the previous fiscal, in 2013-14 fiscal, the company’s consolidated net profit slid by 29 per [...] Continue Reading »
A high-level meeting to discuss a fresh policy framework for building new airports in the country, has been called up by the Planning Commission, whose term expires after this election, till the next government comes into power even as civil aviation minister Ajit Singh has put on hold UPA’s last-gasp infrastructure drive to privatize six [...] Continue Reading »
In the year ago period, a 63 per cent fall in consolidated net profit is witnessed for the fourth quarter ended March 31 at Rs 30.3 crore against Rs 81.74 crore, as reported by Mumbai-based Mahindra Life spaces. In the previous fiscal, during 2013-14 fiscal, the company’s consolidated net profit slid by 29 per cent [...] Continue Reading »
