Latest news with #MahindraLifespacesDevelopers
Business Standard
3 days ago
- Business
- Business Standard
Mahindra Lifespace bags redevelopment project in Mulund worth Rs 1,250 crore
Mahindra Lifespace Developers said that it has been appointed as the preferred developer for the re-development of a premium housing society in Mulund (West), Mumbai. The project spans across a 3.08-acre land parcel and has an estimated development value of approximately Rs 1,250 crore. The site offers excellent connectivity, being just 1.4km from the upcoming Mumbai Metro Line 5 and 0.8 km from the Goregaon-Mulund Link Road. It also provides seamless access to the Eastern Express Highway and the Mulund-Airoli Bridge, facilitating convenient travel to Navi Mumbai, and other business hubs. Vimalendra Singh, chief business officer Residential, Mahindra Lifespace Developers, said: "At Mahindra Lifespaces, our redevelopment philosophy centres around creating value for residents and the city. We aim to blend design excellence with sustainability and on time delivery. With robust connectivity and access to employment hubs in South Mumbai, Navi Mumbai and Thane, this project is poised to be a key contributor to the area's continued growth story." Mahindra Lifespaces Developers is the real estate arm of the Mahindra Group. The companys development footprint spans 41.11 million square feet (saleable area) of completed, ongoing and forthcoming residential projects across seven Indian cities; and over 5000 acres of ongoing and forthcoming projects under development / management at its integrated developments / industrial clusters across four locations. The scrip fell 1.23% to currently trade at Rs 356.80 on the BSE.
Business Standard
6 days ago
- Business
- Business Standard
Mahindra Lifespace edges higher after launching redeveloped housing project in Malad
Mahindra Lifespace Developers advanced 1.23% to Rs 362.45 after the company announced the launch of its redeveloped residential project Mahindra 'Codename64' in Malad (West), Mumbai. 'Codename64 project hosts various 2 and 3 BHK residences along with approximately 2.2 acres of recreational space. It offers seamless access to upmarket social infrastructure and is well connected by roads and offers access to public transport. Vimalendra Singh, chief business officer Residential, Mahindra Lifespace Developers, said: "Mahindra Codename64 is more than a project launch. It reflects our deepening commitment to Mumbais urban transformation. As we step into the citys redevelopment space, our focus is on creating homes and communities that stand the test of time." Mahindra Lifespaces Developers is the real estate arm of the Mahindra Group. The companys development footprint spans 41.11 million square feet (saleable area) of completed, ongoing and forthcoming residential projects across seven Indian cities; and over 5000 acres of ongoing and forthcoming projects under development / management at its integrated developments / industrial clusters across four locations.
