Mumbai-based Mahindra Lifespaces
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 »
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 »
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 »
