The company in a release late Tuesday said it has acquired a land parcel admeasuring 85,000 square metres for residential development.
Mahindra Lifespace Developers, the real estate and infrastructure development arm of theMahindra Group, is a leader in sustainable urban development with projects across nine Indian cities-Mumbai, Pune, Nagpur, Gurgaon, Faridabad, Jaipur, Chennai, Hyderabad and Bengaluru.
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The stock opened at Rs 485 and touched a high of Rs 487. At 12:40pm, over 4,500 shares were traded on both the stock exchanges.
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