Realty firm Mahindra Lifespace Developers Ltd is expecting a revenue of around Rs 3,000 crore from its new housing project in Mumbai. In a regulatory filing on Thursday, the company said it has launched first two phases of a mixed-use project 'Mahindra Rainforest' on LBS Marg, Kanjur, Mumbai. "Spanning 25.47 acres, the project is among the largest developments in Mumbai's central suburbs and is envisioned as an integrated lifestyle destination. The residential launch phases have an estimated Gross Development Value (GDV) of approximately Rs 3,000 crore," it added. The GDV means the total sales value of units launched in this project. Mahindra Lifespace Developer Ltd, the real estate and infrastructure development arm of the Mahindra Group, did not mention the investment to develop this project. The company's development footprint spans 53.65 million sq ft (saleable area) of completed, ongoing and forthcoming residential projects across seven Indian cities. It also has over 5,000 a
Mahindra Lifespace Developers has entered into a long-term joint venture with Japan's Mitsui Fudosan Group, with a premium residential project in Bengaluru as the first development
Mahindra Lifespace swings to a ₹109 crore profit in Q3 FY26 on residential project completions and strong demand for industrial plots
Realty firm Mahindra Lifespace Developers Ltd has reported a consolidated net profit of Rs 47.91 crore for the second quarter of this fiscal year. The company had posted a net loss of Rs 14.01 crore in the year-ago period. Total income rose to Rs 33.06 crore during July-September period of 2025-26 fiscal from Rs 15.96 crore in the corresponding period of the preceding year, according to a regulatory filing on Friday. Mahindra Lifespace Developers Ltd's development footprint spans 53.30 million sq ft (saleable area) of completed, ongoing and forthcoming residential projects across seven Indian cities. It also has over 5,000 acres of ongoing and forthcoming projects under development/management at its integrated developments/industrial clusters across four locations. The company is the real estate arm of the large business conglomerate Mahindra Group.
At 9:45 AM, Mahindra Lifespace share price was trading 1.88 per cent higher at ₹376.65 per share. In comparison, BSE Sensex was trading 0.51 per cent higher at 82,079.53 levels.
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Realty firm Mahindra Lifespace Developers Ltd has acquired a 13.46-acre land in Pune to develop a housing project worth Rs 3,500 crore. In a regulatory filing late Friday, the company informed that it has acquired the land "in the premier neighbourhood of Nande-Mahalunge in Pune." Mahindra Lifespace, a part of Mahindra Group, did not disclose the name of the seller and also the deal value. The land is estimated to yield a development potential of about Rs 3,500 crore, it said. On Friday, the company also announced that it will redevelop four housing societies at Malad (West) in Mumbai. The company is expecting a revenue of Rs 800 crore from the sale of free area in these four societies. "Spread across about 1.65 acre, the project offers a development potential of Rs 800 crore," it said. Mahindra Lifespace's development footprint spans 49.26 million square feet (saleable area) of completed, ongoing and forthcoming residential projects across seven Indian cities. It has over 5,000