Sensex: 82,172.10 (0.40%)

Nifty: 25,285.35 (0.41%)

anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

Technology . Transparency . Trust

Contact Us
Apply For IPO

MARKET

Hot Pursuit
Mahindra Lifespace acquires 13.46 acres in Pune; named preferred partner for Malad redevelopment
11-Oct-2025 13:38
The company said the land parcel enjoys strategic connectivity, offering quick access to Hinjewadi and proximity to key educational institutions such as Delhi Public School, Mahindra International School, and Symbiosis Centre for Management. The site is also equidistant from Baner-Balewadi and Hinjewadi, two of Pune's major IT and BFSI hubs.

Separately, Mahindra Lifespace has been selected as the preferred partner for the redevelopment of four residential societies in Malad (West), Mumbai. The 1.65-acre project has an estimated development potential of around Rs 800 crore.

Located close to the company's ongoing project, Mahindra Codename64, the new Malad development strengthens its presence in the area. The site is just 2.6 km from the Western Express Highway, less than 1 km from Malad West Metro Station, and 1.5 km from Malad Railway Station, offering strong connectivity to key business hubs like Mindspace and Bandra Kurla Complex (BKC).

The redevelopment project is situated in a well-developed residential area with easy access to schools, hospitals, retail outlets, and business centres, offering residents enhanced urban convenience and mobility across Mumbai.

Mahindra Lifespaces Developers, the real estate arm of the Mahindra Group, has a development footprint of 49.26 million sq. ft. across seven cities and over 5,000 acres of industrial clusters. Its portfolio includes premium residences, affordable homes under the Happinest brand, and integrated cities under Mahindra World City and Origins.

On a consolidated basis, the company reported a 302.8% surge in net profit to Rs 51.24 crore, while revenue from operations fell 31.97% to Rs 31.97 crore in Q1 FY26 over Q1 FY25.

Powered by Capital Market - Live News

Attention Investor
As per CDSL communiqué Kindly update your Email ID, Mobile Number & Income Range in CDSL demat Account on or before 31st May 2021, Non Compliance Account will be INACTIVE after 31st May 2021. | Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors.  | "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account." | "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."    Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of Investors.