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MAHINDRA LIFESPACE DEVELOPERS LTD. - 532313 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

Allotment of 30,171 stock options under Employee Stock Options Scheme 2012.
19-09-2022
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Mahindra Lifespace Developers jumps over 2% on land acquisition plan

Shares of Mahindra Lifespaces opened at 541.95 on Monday, then gained 2.37 per cent to touch 550.40
12-09-2022

Mahindra Lifespaces to buy land parcels with Rs 3k-crore sales value

Realty firm Mahindra Lifespace Developers is looking to acquire a few land parcels this fiscal to build housing projects with sales potential of Rs 3,000-4,000 crore, a top company official said. The company will acquire these land parcels either through outright purchase or by forming Joint Development Agreements (JDAs) with landowners. Mumbai-based Mahindra Lifespace Developers Ltd, part of Mahindra Group, is one of the leading real estate players in the country. The company's market cap recently touched USD 1 billion (about Rs 8,000 crore). In an interview with PTI, the company's Managing Director (MD) and Chief Executive Officer (CEO) Arvind Subramanian said Mahindra Lifespace is looking to acquire new land parcels for business expansion in three focus cities -- Mumbai Metropolitan Region (MMR), Pune and Bengaluru. He highlighted that the company already acquired a land parcel this fiscal that has a Gross Development Value (GDV) of Rs 1,700 crore and the deal pipelines are...
11-09-2022

Buy Mahindra Lifespace Developers; target of Rs 640: Sharekhan

Sharekhan is bullish on Mahindra Lifespace Developers has recommended buy rating on the stock with a target price of Rs 640 in its research report dated September 08, 2022.
09-09-2022

Mahindra Lifespace aims 2.5-fold jump in housing sales bookings in 3 yrs

Realty firm Mahindra Lifespace Developers Ltd is targeting a 2.5-fold jump in its annual sales bookings to Rs 2,500 crore in the next three years on better housing demand, its MD and CEO Arvind Subramanian has said. Mumbai-based Mahindra Lifespace had achieved sales bookings of Rs 1,028 crore in the last financial year. In an interview with PTI, the company's Managing Director (MD) and Chief Executive Officer (CEO) Arvind Subramanian said: "We have started the first quarter with an extremely strong performance on all fronts". The company clocked Rs 600 crore of residential sales during the April-June quarter of the 2022-23 fiscal year against Rs 1,000 crore in the full previous year, he highlighted. The collections from customers were also healthy at about Rs 270 crore, while industrial leasing was worth Rs 118 crore in the June quarter. "The first quarter has set us up very well for the year. We are expecting very strong continued growth in quarter two and the rest of the year as
04-09-2022
Bigul

MAHINDRA LIFESPACE DEVELOPERS LTD. - 532313 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for ICICI Prudential Mutual Fund
02-09-2022

Mahindra Lifespace crossed $1 bn m-cap, proved sceptics wrong: CEO

Mahindra Group Chairman Anand Mahindra on Friday said the market cap of its realty firm Mahindra Lifespace has crossed USD 1 billion, proving sceptics wrong that the company could not survive without transacting in black money. The milestone has vindicated the Group's entry into the real estate sector, he said. Mahindra Lifespace Developers Ltd is the real estate arm of the Mahindra Group. It is listed on stock exchanges. Shares of Mahindra Lifespace Developers were trading at Rs 519.75 apiece on BSE, up 2.29 per cent at 1128 hrs. The market capitalisation of the company was at Rs 8,032.51 crore. This morning Mahindra Lifespace crossed a market cap of USD 1 billion and became the next 'unicorn' in our Group, tweeted Anand Mahindra. "I remember when I entered the real estate sector in the late 80s via Mahindra Ugine, I was told that we would not survive without transacting in black money. "But that was exactly why I felt we had to enter the sector & prove the sceptics wrong," he .
26-08-2022
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