Mahindra Lifespace Developers Ltd
Several top real estate developers are in the hunt for a 24.5-acre parcel of land in suburban Mumbai being sold by its owners, Crompton Greaves Ltd, for around Rs 1,000 crore. Runwal Group, Lodha Group, Oberoi Realty Ltd, Mahindra Lifespace Developers Ltd and Kalpataru Group have been shortlisted as potential buyers, with Runwal Group leading [...] 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 »
Approximately 550 acres of land has been acquired by Mahindra Lifespace Developers Ltd in north Chennai. At the recently acquired 550-acre land, the company – which is the Mahindra Group’s realty division – will reportedly set up its second integrated business city in the state-Mahindra World City. Mahindra Lifespace is likely to commence work on Phase [...] Continue Reading »
Many leading developers are joining the league where sales volume has pushed down, some with marginal increase in net profit, some with no money and no buyers while some with declining profits. Oberoi realty, Mumbai based real estate company, reported a net profit of Rs 145.2 crore in last quarter of the 2012-13 fiscal against [...] Continue Reading »
Mahindra Lifespace Developers Ltd is planning to drop its idea to procure four to five lands as it is looking forward to plan new projects. So far, the company has signed eight memorandum of understanding (MoUs) for land acquisition. The managing director of the company revealed that two out of eight deals have been closed [...] Continue Reading »
Mahindra Lifespace Developers Ltd, the real estate arm of Mahindra group has given formal notice to property advisory, Cushman and Wakefield to sell a mill land parcel in Byculla, Mumbai. The five acre plot is expected to raise around Rs 600 crore revenue from the market. The company has currently seen marginally depressed land sales, [...] Continue Reading »
Hyderabad- Mahindra Lifespace Developers Ltd has entered into a joint agreement with Om Metals Developers Private Limited to take up a residential project in Hyderabad. Om Metals Developers Private Limited is a special purpose vehicle of Om Metals and a part of Om Metals Real Estate Private Limited which is a subsidiary of Om Metals Infraprojects Ltd. Mahindra Lifespace Developers [...] Continue Reading »
