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Latest news about Mahindra Lifespaces Developers -RE

Mahindra Lifespace Developers Secures Strong Credit Ratings, Announces Office Relocation 13 hours ago Yesterday

Mahindra Lifespaces Developers has received positive credit rating updates from India Ratings and Research Pvt. Ltd. The company's bank loan facilities (INR 2,250 million) and commercial paper (INR 2,500 million) were affirmed at 'IND AA/Stable/IND A1+' and 'IND A1+' respectively. A proposed commercial paper of INR 1,000 million was assigned 'IND A1+' rating. Additionally, the company announced a change in its registered office address to the 4th floor of Mahindra Towers in Mumbai, effective from October 31, 2025.

Mahindra Lifespace Developers Secures Shareholder Approval for Strategic Stake Acquisition 5 days ago

Mahindra Lifespace Outlines Rs 7,000 Crore Project Pipeline for H2 FY26 6 days ago

Mahindra Lifespace Developers Secures Legal Victory as Court Dismisses Litigation Against Subsidiary 7 days ago

Mahindra Lifespace Developers Reports Proper Utilization of Rs 1,496.28 Crore Rights Issue Proceeds 10 days ago

More news about Mahindra Lifespaces Developers -RE

31Oct 25

Mahindra Lifespaces Reports Strong H1 FY26 Performance with Rs 99 Crore PAT and Announces CFO Transition

Mahindra Lifespaces Developers (MLDL) reported a consolidated PAT of Rs 99.00 crore for H1 FY26, compared to a loss in the previous year. The company achieved consolidated sales of Rs 1,419.00 crore and GDV additions of Rs 5,200.00 crore. Residential pre-sales reached Rs 1,200.00 crore. MLDL announced leadership changes with Avinash Bapat resigning as CFO and Sriram Kumar appointed as the new CFO effective November 1, 2025. The company also completed a rights issue and allotted shares under its ESOS-2012 scheme.

31Oct 25

Mahindra Lifespace Developers Reports Q2 Turnaround with 51.3 Crore Rupees Net Profit

Mahindra Lifespaces Developers posted a consolidated net profit of 51.3 crore rupees in Q2, up from 12.7 crore rupees year-over-year, marking a 303.94% increase. The company's EBITDA rose by 285.07% to 51.60 crore rupees, and EPS grew from 0.82 to 2.93. However, revenue decreased by 43.01% to 138.60 crore rupees, and sales declined by 82.99% to 32.00 crore rupees. Other income significantly contributed to profitability, increasing from 55.0 crore to 106.7 crore rupees.

31Oct 25

Mahindra Lifespace Developers Secures Top-Tier IND A1+ Rating for Commercial Paper Program

Mahindra Lifespace Developers Limited has received an IND A1+ credit rating from India Ratings and Research Pvt. Ltd. for its proposed commercial paper program of INR 2,500.00 million. This highest short-term rating indicates very strong safety for timely payment of financial obligations. The rating was communicated on October 30, 2025, at 1:26 PM. This top-tier rating could enhance the company's financial flexibility, boost investor confidence, and positively influence market perception of its financial stability.

10Oct 25

Mahindra Lifespace Developers Expands Portfolio with Land Acquisition in Pune and Redevelopment Project in Mumbai

Mahindra Lifespace Developers Limited (MLDL) has acquired 13.46 acres of land in Nande-Mahalunge, Pune, with an estimated development potential of INR 3,500 crore. The company has also been selected as the preferred partner for a redevelopment project in Mumbai's Malad area, covering approximately 1.65 acres with an estimated development potential of Rs 800 crore. The Pune acquisition is in a promising micro-market with strong connectivity, while the Mumbai project strengthens MLDL's presence in the redevelopment sector. Both projects align with the company's strategy to deepen its presence in established micro-markets.

18Sept 25

Mahindra Lifespace to Fully Acquire Mahindra Homes for Up to ₹90 Crore

Mahindra Lifespaces Developers' board has approved the complete acquisition of Mahindra Homes Private Limited (MHPL) from Actis Mahi Holdings for up to ₹90 crore. This move will transform MHPL from a joint venture to a wholly-owned subsidiary of Mahindra Lifespaces. The company currently holds 74.35% stake in MHPL and will acquire the remaining 25.65% from Actis. The acquisition includes 2,05,628 Series A Equity Shares, 11,043 Series B Equity Shares, and 1 Compulsory Convertible Preference Share. MHPL has completed the 'Windchimes' project in Bengaluru and is developing 'Luminare – Phase 3' in Gurgaon. The transaction is expected to be completed within three months, subject to shareholder approval.

16Sept 25

Mahindra Lifespace Secures Rs 1,700 Crore Redevelopment Project in Mumbai's Chembur

Mahindra Lifespace Developers Limited has been selected to redevelop two housing societies in Chembur, Mumbai, with a combined Gross Development potential of approximately Rs 1,700 crores. The project spans 4.40 acres in the Diamond Garden area, offering excellent connectivity to key parts of Mumbai. The redevelopment will focus on sustainability, modern amenities, and well-planned homes. This move strengthens Mahindra Lifespace's position in Mumbai's real estate market and aligns with their commitment to sustainable urban development.

06Sept 25

Mahindra Lifespace Developers Launches 'Codename64' in Mumbai, Marking Entry into Redevelopment

Mahindra Lifespaces Developers announces 'Codename64', a new residential project in Malad West, Mumbai, launching on June 23, 2025. The development offers 2 and 3 BHK residences with 2.2 acres of recreational space, including a half Olympic-sized pool and other amenities. Located 500 metres from Malad Metro Station, the project is registered with Maharashtra Real Estate Regulatory Authority. This launch represents Mahindra Lifespaces' strategic entry into Mumbai's redevelopment sector, adding to their 41.11 million sq. ft. development footprint across seven Indian cities.

28Aug 25

Mahindra Lifespace Developers Appoints Parijat Dey as Chief Technology Officer

Mahindra Lifespaces Developers has appointed Ms. Parijat Dey as its new Chief Technology Officer (CTO), effective September 1, 2025. The Board of Directors approved this appointment on August 28, 2025. Ms. Dey brings over 18 years of experience in digital transformation and enterprise technology. She has a B.E. in Electrical Engineering and an MBA in Marketing. Her previous roles include leadership positions at Viacom18 Media and PwC Acceleration Center India, where she led AI initiatives across global locations.

26Aug 25

Mahindra World City Developers Leases 22.71-Acre Plot to Ashiana Housing in Tamil Nadu

Mahindra World City Developers Limited (MWCDL), a subsidiary of Mahindra Lifespaces Developers, has executed a land lease agreement with Ashiana Housing Limited for a 22.71-acre plot in Paranur Village, Chengalpattu District, Tamil Nadu. The agreement, signed on August 26, 2025, at 11:30 AM, is part of Mahindra's residential business scale-up strategy. The company promptly disclosed this transaction to stock exchanges in compliance with SEBI regulations.

14Aug 25

Mahindra Lifespaces Unveils 166 Premium Homes in Chennai's Lakewoods Project

Mahindra Lifespace Developers Limited has expanded its residential portfolio in Chennai by launching 166 high-end units at its Lakewoods project within Mahindra World City. The launch includes two premium towers offering 2 and 3 BHK units with innovative design features such as enhanced privacy and cross-ventilation. The IGBC Platinum pre-certified project emphasizes sustainability with energy-efficient lighting, organic waste treatment, and water conservation measures. Residents will have access to amenities like a swimming pool, gym, and jogging track. The project is strategically located within the integrated Mahindra World City ecosystem.

05Aug 25

Mahindra Lifespace Developers' Interim Company Secretary Snehal Patil to Step Down

Snehal Patil, Interim Company Secretary, Compliance Officer, and Key Managerial Personnel at Mahindra Lifespaces Developers, has resigned effective August 31, 2025. The Board accepted her resignation on August 5, 2025. Patil will no longer determine materiality of events or make disclosures to stock exchanges under SEBI Listing Regulations. The company is seeking a suitable replacement to ensure smooth transition and regulatory compliance.

04Aug 25

Mahindra Lifespace Developers Reports Strong Q1 Performance with Rs 3,500 Crores GDV Addition

Mahindra Lifespace Developers Limited reported robust Q1 results with residential presales of Rs 449 crores and IC revenues of Rs 120 crores, up 16% YoY. The company added Rs 3,500 crores to its GDV through new acquisitions, bringing the total GDV pipeline to Rs 41,000 crores. Consolidated PAT increased to Rs 51.00 crores from Rs 13.00 crores YoY, while EBITDA rose to Rs 46.00 crores. The company successfully completed a Rs 1,500 crores rights issue and maintains a negative net debt-to-equity ratio of -0.23. Management remains optimistic about future growth, targeting revenue of Rs 4,500-5,000 crores for FY27.

25Jul 25

Mahindra Lifespace Reports Strong Q1 Performance with Rs 3,500 Cr GDV Additions and Improved Balance Sheet

Mahindra Lifespaces Developers reported robust Q1 results with consolidated sales of Rs 569.00 crore and a profit after tax of Rs 51.00 crore, up from Rs 13.00 crore year-over-year. The company achieved a 2.5x increase in Gross Development Value additions, reaching Rs 3,500.00 crore. Residential pre-sales stood at Rs 449.00 crore, while the IC&IC business grew 17% to Rs 120.00 crore. A successful rights issue strengthened the company's balance sheet, with a net debt to equity ratio of -0.23. Despite lower residential sales due to pending approvals, the company plans several launches in upcoming quarters.

25Jul 25

Mahindra Lifespace Developers Reports 303% Jump in Q1 Net Profit

Mahindra Lifespace Developers' consolidated net profit increased by 303% to ₹51.20 crore in Q1 FY2024, up from ₹12.70 crore in Q1 FY2023. The company's revenue stood at ₹158.60 crore, with a significant contribution of ₹149.40 crore from other income. Expenses were maintained at ₹64.40 crore, lower than the generated revenue, contributing to the improved bottom line.

07Jul 25

Mahindra Lifespace Unveils New Residential Tower in Pune's Mahindra Citadel

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.

04Jul 25

Mahindra Lifespace Launches New Tower in ₹2,500-Crore Pune Project

Mahindra Lifespaces Developers has launched a new tower at its Mahindra Citadel project in Pimpri-Chinchwad, Pune, featuring premium 1BHK homes. The expansion is part of a 9.66-acre development with a gross development value of nearly ₹2,500 crore. This launch responds to strong demand from earlier phases and targets young professionals and first-time homebuyers. The move strengthens Mahindra Lifespace's presence in Pune's real estate market and demonstrates adaptability to market demands in the affordable premium housing sector.

04Jul 25

Mahindra Lifespace Unveils New Residential Tower in Pune's Mahindra Citadel

Mahindra Lifespaces Developers has launched a new residential tower in its Mahindra Citadel project in Pune. The entire project has a gross development value of ₹2,500 crore, marking a significant expansion in the Pune real estate market. This strategic move aims to capitalize on the growing demand for premium residential properties in the city, known for its robust IT sector and urban growth.

27Jun 25

Mahindra Lifespace Secures ₹1,250 Crore Redevelopment Project in Mumbai

Mahindra Lifespaces Developers has been selected to redevelop St. Pius Ten Cooperative Housing Society in Mulund, Mumbai. The project has a gross development value of ₹1,250 crores. This selection enhances Mahindra Lifespace's urban redevelopment portfolio and demonstrates its growing presence in Mumbai's real estate market. The project is expected to strengthen the company's position in the sector and could lead to future opportunities in the redevelopment segment.

27Jun 25

Mahindra Lifespace Developers Secures ₹1,250 Crore Mumbai Redevelopment Project

Mahindra Lifespaces Developers has been selected for a significant redevelopment project in Mulund, Mumbai. The project involves redeveloping St. Pius Ten CHS Ltd on a 3.08-acre land parcel, with an estimated gross development value of ₹1,250 crore. The company received formal intimation of their selection on June 26, 2025.

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'.