- CEO
- Amit Kumar Sinha
- Full Time Employees
- 556
- Sector
- Real Estate
- Industry
- Real Estate - Development
- Address
- Mahindra Towers Mumbai MH India 400018
- IPO Date
- Apr 25, 2000
- Business
- Mahindra Lifespace Developers Limited (MLDL) engages in real estate and infrastructure development in India, focusing on residential projects, integrated cities, and industrial clusters. A subsidiary of the Mahindra Group, the company, founded in 1994 and headquartered in Mumbai, Maharashtra, operates across major cities including Mumbai, Pune, Bengaluru, Chennai, Hyderabad, Nagpur, Ahmedabad, Delhi NCR, and Jaipur. Its core products and services encompass premium residential apartments, villas, and plotted developments; value homes under the Mahindra Happinest brand; integrated cities under the Mahindra World City brand; industrial clusters and logistics parks under the Origins by Mahindra brand; project management services; property rentals; water supply; and sewage services, with a development footprint exceeding 38 million square feet in residential projects and over 5,000 acres in integrated developments. MLDL emphasizes sustainability, maintaining a 100% green certified portfolio since 2014, committing to Science Based Targets initiative (SBTi), and targeting carbon neutrality by 2040. Recent developments include closing two major deals in July 2024 with a combined gross development value (GDV) of Rs 2,050 crore, comprising a Rs 1,800 crore redevelopment project for seven societies in Mumbai's Borivali West under Maharashtra's cluster redevelopment policy and a 2.37-acre land acquisition in Bengaluru's Singasandra with Rs 250 crore GDV potential adjacent to its Mahindra Zen project; acquiring an 8.2-acre land parcel in North Bengaluru in January 2025 with nearly Rs 1,000 crore GDV; and securing another strategic land acquisition in Bengaluru in June 2025 valued at Rs 1,100 crore GDV to bolster its residential footprint in high-demand IT-driven markets.