Mahindra Lifespaces Developers -RE
364.25
+0.65(+0.18%)
Market Cap₹7,754.00 Cr
PE Ratio188.68
IndustryRealty
Company Performance:
1D+0.18%
1M+3.86%
6M-10.94%
1Y-36.00%
5Y+450.39%
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Latest news about Mahindra Lifespaces Developers -RE
Mahindra Lifespace Unveils New Residential Tower in Pune's Mahindra Citadel 3 days ago
Mahindra Lifespaces Developers has announced the launch of a new residential tower at its Mahindra Citadel project in Pune. The project, including this new tower, has a Gross Development Value (GDV) of ₹2,500.00 crore. This expansion strengthens the company's presence in Pune's thriving real estate market, aligning with the city's growth as a major IT hub and addressing the demand for quality residential properties.
Mahindra Lifespace Launches New Tower in ₹2,500-Crore Pune Project 5 days ago
Mahindra Lifespace Unveils New Residential Tower in Pune's Mahindra Citadel 5 days ago
Mahindra Lifespace Secures ₹1,250 Crore Redevelopment Project in Mumbai Jun 27, 2025
Mahindra Lifespace Developers Secures ₹1,250 Crore Mumbai Redevelopment Project Jun 27, 2025
More news about Mahindra Lifespaces Developers -RE
23Jun 25
Mahindra Lifespaces Unveils 'Codename64' Project in Mumbai's Malad West
Mahindra Lifespaces Developers has announced a new real estate project called 'Codename64' in Malad West, Mumbai. The project's strategic location offers excellent connectivity and proximity to various amenities. While specific details about the project's scale and features are not yet disclosed, it aligns with the company's strategy to strengthen its presence in key real estate markets. The development is expected to cater to the growing demand for quality housing in Mumbai's western suburbs.
18Jun 25
Mahindra Lifespace Developers Concludes Rights Issue Allotment
Mahindra Lifespaces Developers has finalized the allotment of shares for its recent rights issue. The company, known for sustainable urban development projects, offered new shares to existing shareholders as a method of raising capital. This successful completion of the rights issue process demonstrates the company's ability to execute complex financial transactions and maintain investor confidence. While specific financial details were not disclosed, the raised capital could provide flexibility for expansion, debt reduction, or investment in new projects.
22May 25
Mahindra Lifespace's Rs 1,500 Crore Rights Issue: Last Day to Buy Shares for Eligibility
May 22 is the final day to purchase Mahindra Lifespace Developers Ltd shares to be eligible for their upcoming Rs 1,500 crore rights issue. The issue, with a record date of May 23, offers a 3:8 ratio at Rs 257 per share. The issue period is from June 2 to June 17, 2023, aiming to raise Rs 1,496.28 crore. This capital-raising initiative presents an opportunity for existing shareholders to increase their stake in the company.
19May 25
Mahindra Lifespace Developers Approves ₹1,500 Crore Rights Issue at ₹257 Per Share
Mahindra Lifespace Developers Ltd has approved a rights issue to raise up to ₹1,500 crore. The issue is priced at ₹257 per share with a ratio of 3 rights shares for every 8 shares held. The record date is set for May 23, 2025. This move aims to strengthen the company's capital base and fund future growth initiatives in the resurgent Indian real estate market.
13May 25
Mahindra Lifespaces Developers Unveils Rs 1,500 Crore Rights Issue Plan
Mahindra Lifespaces Developers Ltd has announced plans to raise up to Rs 1,500 crore through a rights issue of equity shares. The company's board has approved the proposal, allowing existing shareholders to purchase additional shares at a discounted price. While specific use of funds is undisclosed, potential applications include expansion plans, debt reduction, land acquisition, and investment in technology and innovation. This move signals the company's proactive approach to capital management and confidence in future growth prospects.
08May 25
Mahindra Lifespace Developers to Reconsider Rights Issue Approval
Mahindra Lifespace Developers Limited has announced plans to review and potentially supersede a previously approved rights issue. The company's board will meet to discuss a proposal that could override the earlier approval, indicating a possible shift in capital raising strategy or modifications to the rights issue terms. This decision could significantly impact existing shareholders and the company's capital structure. The move demonstrates the company's adaptability to market conditions and commitment to optimizing shareholder value.
28Apr 25
Mahindra Lifespace Developers Ltd: Q4 Bookings Dip, FY25 Sales Surge Amid Mixed Financial Performance
Mahindra Lifespace Developers Ltd reported mixed financial results for Q4 and FY25. Q4 saw a 19% increase in net profit to Rs 85.09 crore and 18.89% revenue growth to Rs 158.60 crore, despite a 3% decline in sale bookings to Rs 1055.00 crore. For FY25, pre-sales grew 20% to Rs 2804.00 crore, but total revenue fell 57.69% to Rs 279.10 crore, with a decline in net profit to Rs 60.94 crore. The company demonstrated strong market demand and sales strategies, but faced challenges in revenue recognition and profitability.
25Apr 25
Mahindra Lifespace Developers Reports Strong Growth in FY25 with 4x Increase in GDV Additions
Mahindra Lifespace Developers Limited (MLDL) announced robust FY25 results, with Gross Development Value (GDV) additions surging 4x to Rs 18,100 crore. Residential pre-sales grew 20.4% YoY to Rs 2,804 crore. Consolidated total income increased 66% to Rs 463.90 crore, while operating cash flow rose 30% to Rs 832 crore. The company maintained a healthy balance sheet with a net debt to equity ratio of 0.39 and recommended a dividend of Rs 2.80 per share. Q4 FY25 saw consolidated sales of Rs 1,266 crore and pre-sales of Rs 1,055 crore.
25Apr 25
Mahindra Lifespace Developers Reports Quadrupled GDV Additions and 20.4% Growth in Pre-Sales for FY25
Mahindra Lifespace Developers Limited announced impressive financial results for FY25. GDV additions surged to Rs 18,100 crore, a nearly four-fold increase from FY24. Residential pre-sales grew by 20.4% to Rs 2,804 crore. The company reported its highest-ever consolidated operating cash flow of Rs 832 crore, up 30% year-over-year. Q4 FY25 saw GDV additions of Rs 3,650 crore and pre-sales of Rs 1,055 crore. The Board recommended a dividend of Rs 2.80 per share.
25Apr 25
Mahindra Lifespace Developers Reports Strong FY25 Growth with 4x Increase in GDV Additions
Mahindra Lifespace Developers Limited (MLDL) announced strong financial results for FY25. The company's gross development value (GDV) additions increased fourfold to Rs 18,100 crore. Residential pre-sales grew by 20.4% to Rs 2,804 crore. Consolidated total income rose 66% to Rs 463.90 crore, with profit before tax up 30% to Rs 70.50 crore. MLDL achieved its highest ever consolidated operating cash flow of Rs 832 crore, a 30% increase from FY24. The company maintained a healthy net debt to equity ratio of 0.39. For Q4 FY25, MLDL reported consolidated sales of Rs 1,266 crore and pre-sales of Rs 1,055 crore. The Board recommended a dividend of Rs 2.80 per share for FY25.
03Apr 25
Mahindra Lifespace Developers Secures ₹1,200 Crore Mumbai Redevelopment Project
Mahindra Lifespace Developers Limited has been selected as the preferred partner for redeveloping two residential societies in Mumbai's Lokhandwala Complex, Andheri West. The project, valued at ₹1,200 crore, will be pursued under the state's cluster development scheme. Located near the upcoming Versova-Bandra Sealink, the project aims to offer premium living with excellent connectivity. The company emphasizes its commitment to quality, timely delivery, and sustainable development practices in this strategic expansion.
03Apr 25
Mahindra Lifespace Developers to Redevelop Two Mumbai Societies in ₹1,200 Crore Project
Mahindra Lifespace Developers Limited has been selected as the preferred partner for a ₹1,200 crore redevelopment project in Mumbai's Lokhandwala Complex, Andheri West. The project involves redeveloping two residential societies under the state's cluster development scheme. Located 15 minutes from the upcoming Versova-Bandra Sealink, the project aims to create high-quality living spaces in a prime location. Management views this as a strategic milestone strengthening their presence in Mumbai's western suburbs.
02Apr 25
Mahindra Lifespace Developers Secures ₹1,200 Crore Redevelopment Project in Mumbai's Andheri West
Mahindra Lifespace Developers Limited has been selected as the preferred partner for a ₹1,200 crore redevelopment project in Mumbai's Lokhandwala Complex. The project involves two residential societies and will be pursued under the state's cluster development scheme. Located near the upcoming Versova-Bandra Sea Link, the project aims to offer excellent connectivity and high-quality living spaces. This strategic move strengthens Mahindra Lifespace's presence in Mumbai's western suburbs and aligns with their commitment to sustainability and urban renewal.
19Mar 25
Mahindra World City Developers Inks Lease Deal with Nihon Parkerizing for 18.92 Acres in Tamil Nadu
Mahindra Lifespace Developers Limited's subsidiary, Mahindra World City Developers Limited, has executed a lease deed with Nihon Parkerizing India Private Limited for 18.92 acres of land in Thenmelpakkam Village, Chengalpattu District, Tamil Nadu. The agreement was signed on March 18, 2025, at 10:56 AM. This move potentially strengthens Mahindra Lifespace's position in the industrial and commercial real estate segment and may indicate increased foreign investment interest in Tamil Nadu's industrial landscape.
21Feb 25
Mahindra Lifespace Developers to Raise Rs 1,500 Crore Through Rights Issue
Mahindra Lifespace Developers Limited's Board of Directors has approved raising up to Rs 1,500 crore through a rights issue. This move allows existing shareholders to maintain or increase their ownership stake. While specific fund utilization details are not disclosed, the capital could potentially be used for expansion plans, debt reduction, working capital, or technological advancements. Shareholders should watch for upcoming announcements regarding the issue price, entitlement ratio, record date, and subscription timeline.
20Feb 25
Mahindra Lifespace Developers Approves Rs 1,500 Crore Rights Issue to Fuel Growth
Mahindra Lifespace Developers' board has approved raising up to Rs 1,500 crore through a rights issue. This move aims to strengthen the company's capital base, support future growth initiatives, and enhance financial flexibility. The rights issue offers existing shareholders the opportunity to maintain or increase their stake, though non-participation may lead to dilution. This strategic decision comes amid robust growth in India's real estate sector, positioning the company to capitalize on market opportunities and strengthen its competitive stance.
19Feb 25
Mahindra Lifespace Developers Expands into South Mumbai with ₹1,650 Crore Redevelopment Project
Mahindra Lifespace Developers Limited has partnered with Livingstone Infra Private Limited for a cluster redevelopment project in Mahalaxmi, South Mumbai. The project has a Gross Development Value of ₹1,650 crore and marks the company's strategic expansion into the premium real estate market. Located in a prime area, the development aims to contribute to urban renewal with cutting-edge design, sustainable elements, and premium amenities. Mahindra Lifespace, known for its commitment to sustainability and Net Zero homes, sees this as an opportunity to enhance Mumbai's skyline while aligning with their philosophy of 'Rise'.
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