Mahindra Lifespace Developers Ltd News

Mahindra Lifespaces launches Rs 1,650-crore premium Mumbai project

Mahindra Lifespace Developers has launched Mahindra BeaconHill, an ultra-premium residential tower in Mumbai's Mahalaxmi with a GDV of Rs 1,650 crore

Mahindra Lifespace pre-sales rise 21% to ₹3,405 cr in FY26 on strong demand

Realty firm Mahindra Lifespace Developers Ltd's sales bookings rose 21 per cent to Rs 3,405 crore last fiscal on better demand for its residential properties. Its sales bookings or pre-sales stood at Rs 2,804 crore in the 2024-25 fiscal. In its housing business, the fund collection from customers increased to Rs 2,107 crore last fiscal from Rs 1,831 crore in 2024-25. Most of the listed real estate developers performed well during the last fiscal in terms of sales bookings, even though there has been a slowdown in the pre-sales of the overall market because of a sharp rise in the price post COVID pandemic. Lower supply in the affordable and mid-income housing segments also contributed to the sluggish pre-sales. In the real estate sector, the sales bookings are an important operational metrics. The company recognises revenues on either percentage of completion method or when the entire project gets completed. On Tuesday, Mahindra Lifespace reported a 6 per cent increase in its ...

Mahindra Lifespace Developers' Q4 PAT grows 6%, revenues rise multifold

Realty firm reports sharp revenue surge and steady profit growth in Q4, driven by strong residential sales and industrial cluster performance

Mahindra Lifespace aims ₹3,000 cr revenue from new Mumbai housing project

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 Lifespaces and Japan's Mitsui Fudosan announce long-term JV

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 Developers posts ₹109 crore in profit for Q3 FY26

Mahindra Lifespace swings to a ₹109 crore profit in Q3 FY26 on residential project completions and strong demand for industrial plots