Mahindra Lifespace

Mahindra Lifespace Q2FY26 results: Total income rises to ₹33 crore

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.

Why did Mahindra Lifespace share rise 3% in a weak market? Details here

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.

Mahindra Lifespace buys 13.46-acre Pune land for ₹3,500 cr housing project

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

Here's why Mahindra Lifespace shares are up 7% in trade today; details

Mahindra Lifespace Developers' shares gained after the company was chosen as the partner for two society redevelopment projects in Mumbai's Chembur.

Mahindra Lifespaces to redevelop Chembur societies worth ₹1,700 crore

Mahindra Lifespaces to redevelop two housing societies in Chembur with Rs 1,700 crore potential, strengthening its Mumbai redevelopment pipeline

Mahindra Lifespace buys 9-acre land parcel in Bengaluru for ₹199 crore

Realty firm Mahindra Lifespace Developers Ltd has acquired around 9 acre land in Bengaluru for nearly Rs 200 crore to develop a housing project. The company has acquired a company named Shreyas Stones Pvt Ltd (SSPL), which owns 8.79 acre land parcel in Bengaluru. In a statement on Monday, Mahindra Lifespace Developers said it has "signed a Share Purchase Agreement (SPA) with SSPL, whereby the shareholders of SSPL have agreed to sell their entire stake (100 per cent of the equity shares)." The company will acquire 10,000 equity shares, having face value of Rs 10 each, for Rs 199 crore. "This acquisition unlocks a premium development opportunity with an estimated Gross Development Value (GDV) of Rs 1,100 crore," the company said. Amit Kumar Sinha, Managing Director & CEO, Mahindra Lifespace Developers Ltd said, "This acquisition marks a key milestone in strengthening our presence in North Bengaluru, one of the city's most promising real estate corridors." With this parcel adjoining

Mahindra Lifespaces to redevelop Mulund West project worth ₹1,250 crore

The real estate arm of the Mahindra Group will lead redevelopment of a premium housing society in Mulund West, with proximity to Metro Line 5 and key road links

Mahindra Lifespace shares up 5% on securing redevelopment project in Mulund

Mahindra Lifespace Developers share price rose after the company announced that it emerged as the preferred developer for the redevelopment of a premium housing society in Mulund (West), Mumbai.

Mahindra Lifespace Q4 sale bookings decline 3% to Rs 1,055 crore

Realty firm Mahindra Lifespaces Developers Ltd's sale bookings in the residential segment fell 3 per cent to Rs 1,055 crore in the latest March quarter, but the total pre-sales in the entire 2024-25 fiscal increased 20 per cent to Rs 2,804 crore. The company's sale bookings stood at Rs 1,086 crore in the fourth quarter of 2023-24 and Rs 2,328 crore in the entire 2023-24 fiscal, according to an investors' presentation. On Friday, Mahindra Lifespace Developers Ltd reported a 19 per cent increase in net profit to Rs 85.09 crore for the quarter ended March 2025. Its net profit stood at Rs 71.48 crore in the year-ago period. Total income rose marginally to Rs 55.44 crore in the January-March period of the last fiscal from Rs 54.60 crore in the corresponding period of the preceding year. During 2024-25 fiscal, the company's net profit declined to Rs 60.94 crore from Rs 97.95 crore in the preceding year. Total income grew to Rs 463.87 crore in the last fiscal from Rs 279.12 crore in the

Mahindra Lifespaces to redevelop two societies in Mumbai's Lokhandwala

The project will be pursued under the state's cluster redevelopment scheme

Mahindra Lifespaces inks Rs 1,650 crore pact with Livingstone Infra

The project is located in Mahalaxmi, a prime Mumbai area

Mahindra Lifespace to raise Rs 1,500 cr via rights issue to cut debt, grow

Real estate company Mahindra Lifespace Developers plans to raise up to Rs 1,500 crore through issue of shares to eligible shareholders for reducing its debt as well as funding further growth. The board of Mahindra Lifespaces Developers Ltd has approved the fund raise of up to Rs 1,500 crore through rights issue to the eligible shareholders of the company. The proceeds will be utilised to pare down the company's existing debt and support its future growth plans, according to a regulatory filing on February 13. Mahindra Lifespace is the real estate and infrastructure development business of the Mahindra Group. Recently, Mahindra Lifespace reported a consolidated net loss of Rs 22.47 crore for the quarter ended December 2024. The company had posted a net profit of Rs 50.02 crore in the year-ago period. Total income jumped to Rs 185.77 crore in the third quarter of this fiscal, from Rs 88.77 crore in the corresponding period of the preceding year. Total expenses shot up to Rs 200.88

Mahindra Lifespace bags Rs 950 cr redevelopment project in Mumbai

Realty firm Mahindra Lifespace Developers on Monday said it has bagged a redevelopment project in Mumbai with an estimated revenue of Rs 950 crore from the saleable area. In a regulatory filing, Mahindra Lifespace informed that the "company has been appointed as the developer for a redevelopment project in Lokhandwala Complex, Andheri West, Mumbai. The project offers a Gross Development Value (GDV) of approximately Rs 950 crore, it said, adding that the company has secured four redevelopment projects in Mumbai. Mahindra Lifespaces has been chosen as the preferred partner for the redevelopment of three residential societies together. The project will be developed under Maharashtra's cluster redevelopment policy. Amit Kumar Sinha, Managing Director & CEO, Mahindra Lifespace said, This strategic move strengthens our presence in the western suburbs of Mumbai. This project is in a prime location, which is well connected and offers a great lifestyle. It will be a premium ...

Mahindra Lifespace Q2 results: Net loss at Rs 14 cr on lower income

Realty firm Mahindra Lifespace Developers Limited has posted a consolidated net loss of Rs 14.01 crore for the second quarter of this fiscal on lower income. The company had posted a net loss of Rs 18.93 crore in the year-ago period. Its total income declined to Rs 16.96 crore during the July-September quarter from Rs 26.70 crore in the year-ago period, according to a regulatory filing on Friday. During the April-September period of this fiscal, Mahindra Lifespace posted a net loss of Rs 1.27 crore against a net loss of Rs 23.20 crore in the year-ago period. The total income grew to Rs 222.66 crore in the first six months of this fiscal from Rs 136.76 crore in the same period of the preceding year. In 2023-24, Mahindra Lifespace reported a net profit of Rs 98.30 crore on a total income of Rs 279.12 crore. Mahindra Lifespace, a real estate arm of Mahindra Group, is one of the leading real estate developers in the country.

Mahindra Lifespace aims for Rs 8-10K cr sales in housing, industrial spaces

Realty firm Mahindra Lifespace Developers Ltd is targeting a sharp increase in its annual sales of housing properties and industrial space to Rs 8,000-10,000 crore by 2027-28 fiscal on rising demand. Mumbai-based Mahindra Lifespace sold residential properties and industrial space worth Rs 2,698 crore in the last fiscal as against Rs 2,268 crore in the 2022-23 financial year. According to the latest presentation in an investor meet, Mahindra Lifespace has mentioned about the target to achieve Rs 8,000-10,000 crore worth of sales in the 2027-28 fiscal in its two verticals -- residential and industrial park. Mahindra Lifespace has been actively buying land and also partnering with landlords for the development of residential properties. It has also entered into the redevelopment of housing societies in Mumbai. During the last fiscal, Mahindra Lifespace reported a marginal decline in consolidated net profit to Rs 97.89 crore on lower income. Its net profit stood at Rs 101.43 crore in

BSE Realty index down 1.5% in a firm market; Godrej Properties weighs

Real-estate stock update: Realty stocks were witnessing some profit-taking on Thursday, as the BSE Realty index has rallied over 23 per cent so far in 2024.

Mahindra Lifespace FY24 results: Profits slip; sales at record Rs 2,328 cr

Mahindra Lifespace Developers Ltd has reported a marginal decline in consolidated net profit to Rs 97.89 crore during the last fiscal year on lower income. Its net profit stood at Rs 101.43 crore in the preceding year. According to a regulatory filing on Friday, the company's total income fell to Rs 279.12 crore last fiscal from Rs 659.56 crore in 2022-23. Mahindra Lifespace is the real estate and infrastructure development business of Mahindra Group. During the fourth quarter of last fiscal, the company's consolidated net profit surged to Rs 71.15 crore from just Rs 55 lakh in the year-ago period. Total income declined to Rs 54.60 crore in the quarter as against Rs 270.26 crore in the year-ago period. Amit Sinha, Managing Director & CEO, Mahindra Lifespace Developers, said, "We closed FY24 with our highest ever annual sales driven by successful launches throughout the year." Additionally, he said the company closed 2023-24 fiscal year with over Rs 4,400 crore of GDV (gross ...

Mahindra Lifespace to invest Rs 6,000 crore in residential business by FY28

It is also setting sight on housing society redevelopments, and the acquisition of land parcels on an outright basis

Realty firm Mahindra Lifespace posts Rs 19 cr loss in Sept quarter

Realty firm Mahindra Lifespace Developers Ltd on Friday reported a consolidated net loss of Rs 18.93 crore for the second quarter ended September on lower income. Its net loss stood at Rs 7.51 crore in the year-ago period. Total income declined to Rs 25.7 crore during the JulySeptember period of the 202324 financial year from Rs 73.82 crore in the corresponding period of the previous year, according to a regulatory filing. Mahindra Lifespace is the real estate and infrastructure development arm of the business conglomerate Mahindra Group. On the operational front, the company said it achieved pre-sales of Rs 455 crore in residential business. It launched 0.47 million square feet of saleable area at Tathawade Phase 3 in Pune. The company collected Rs 311 crore in residential business. Mahindra Lifespace achieved land leasing of 9.9 acres in the industrial business for Rs 32.2 crore. The company's development footprint spans 34.46 million square feet of completed, ongoing, and ...

Mahindra Lifespace buys 5.38 acre land in Pune to build realty project

Realty firm Mahindra Lifespace Developers Ltd has acquired 5.38 acre land at Wagholi in Pune to develop a real estate project. The land is estimated to have a development potential of over 1.5 million square feet of saleable area, the company said in a regulatory filing on Thursday. Mahindra Lifespace did not disclose the deal value and name of the seller. "Wagholi is a high potential micro market of Pune. It has a growing demand for high-quality residential spaces, ready to be absorbed. "The proposed land parcel is located within a well-planned Kharadi-Wagholi micro-market, boasting robust social amenities and civic infrastructure," Amit Kumar Sinha, Managing Director & CEO of Mahindra Lifespace Developers Ltd, said. This land acquisition is aligned with the company's strategy to further solidify its presence in the city's pivotal micro-markets, he added. Mahindra Lifespace Developers is one of the leading real estate firms in the country.