Mahindra Lifespace Developers
Mahindra Lifespace launched Mahindra Luminare Solaris, the next phase of Mahindra Luminare in Gurgaon. Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, has launched Luminare Solaris at Sector 59, Golf Course Extn. Rd in Gurgaon. The newly launched phase will offer a choice of 120 luxurious 3 [...] 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 »
As the central union cabinet approved the relaxation of FDI norms in real estate and constructions, stocks of nearly all real estate companies surged amid the Bull Run in the stock markets. The new rules have reduced the minimum built up area requirement to 20,000 square meters from 50,000 square meters while the minimum capital [...] 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 »
Mahindra Lifespace, the listed real estate arm of the M&M group, is launching around 4,500 homes under the affordable housing segment in the next two months. This is in sync with the Modi government’s ‘’housing for all by 2022’’ agenda. The company has identified two additional areas in the Mumbai Metropolitan Region, other than the [...] Continue Reading »
The data shows that the monsoon does not dampen the sentiments in the real estate segment. The economic climate, not monsoon, is what determines the fortunes of the players in the real estate sector. For instance, in 2009-10, the most recent low rainfall year, Mahindra Lifespace Developers saw its revenue nearly double and profit jump over [...] 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 »
BJP’s election manifesto was loud and clear, ‘’housing for all’’ by 2022. The middle and higher income groups always somehow manage to buy a shelter above their head; however it is the lower strata of the society which lives in uninhabitable conditions in slum dwellings. The realty arm of the Mahindra Group, Mahindra Lifespaces, has [...] 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 »
