Mahindra Lifespace Eyes ₹1,250 Cr Revenue in Mumbai Redevelopment Push.

Mahindra Lifespace Developers Ltd, the real estate and infrastructure development arm of the Mahindra Group, has secured a significant housing society redevelopment project in Mulund (West), Mumbai. The company anticipates generating a revenue of approximately ₹1,250 crore from this upcoming property.

In a regulatory filing on Friday, Mahindra Lifespace Developers announced its appointment as the "preferred developer for the redevelopment of a premium housing society in Mulund (West), Mumbai." This project marks a strategic expansion for the company within the highly competitive Mumbai real estate market.