Mahindra Lifespaces
Mahindra Lifespace Developers Ltd (MLDL), the real estate and infrastructure development business of the $16.9 billion Mahindra Group, marked its foray into the Bengaluru market, by announcing the launch of its premium residential project, Windchimes on Bannerghatta Main Road. It is just 1 km from IIM-Bangalore & Fortis Hospital. Mahindra Windchimes is located Opp. BPL [...] Continue Reading »
Affordable Housing being the mantra of the new NDA government to make the dreams of owning a house realize for every Indian citizen, the year has witnessed the move of several leading developers to the affordable housing segment. One such notable move was made recently by Mahindra Lifespaces Developers, the real estate arm of Mahindra [...] 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 »
A top official of realty firm Mahindra Lifespaces said, the housing sector is experiencing a slow growth due to a host of factors such as non-availability of single-window clearance and unnecessary delay in projects in Nagpur. Managing Director of Mahindra Lifespaces Anita Arjundas told PTI: That the housing sector expects single window clearance, which is clearance within 90 days. But [...] Continue Reading »
Indian companies can access funds from abroad through External Commercial Borrowings (ECB) of different kinds. In general, ECB pertains to commercial loans in the form of bank loans, buyers’ credit, suppliers’ credit, securitized instruments (like floating rate notes and fixed rate bonds, non-convertible, optionally convertible or partially convertible preference shares) obtained from non-resident lenders with [...] Continue Reading »
The 4.85 acre plot Madras Race club Guindy has been bidded for Rs 260 crore by Mahindra Lifespaces, part of the Mahindra & Mahindra Group. The land value is Rs 3 crore per ground. The other two bidders were Arihant of Chennai and RMZ from Bangalore. Madras Race Club instructed that international real estate consultants [...] Continue Reading »
Mahindra Lifespaces, part of the Mahindra Group, has purchased a three-acre plot in Andheri owned by Nycomed Pharma Pvt Ltd. Mahindra purchased the property for around Rs 205 crore, or Rs 65 crore an acre. The 12,000-sq m plot currently houses a bungalow, two guest houses, a research and development facility and an electric sub-station. [...] Continue Reading »
