- Lies, hatred and abuse have replaced governance, alleges former minister Puvvada Ajay Kumar
- Served nation with passion, simplicity: PM Modi's birthday wishes to ex-Prez Kovind
- Asian Games: Chikitha bows out in compound women's singles QF
- Four Telangana youths trapped at Russian military camp
- Kadiyam Srihari reviews progress of Gandi Ramaram irrigation works
- Drought-hit tanks threaten Telangana fish seed scheme
- AISF calls for statewide struggle over students’ issues
- Urban development, curriculum debate takes centre stage in Karimnagar
Mahindra Lifespace expects Rs 1,500 cr revnue from redevelopment of 3 housing societies in Mumbai
In Short
Mahindra Lifespace Developers has added three housing societies to its Mumbai redevelopment portfolio, with an estimated revenue potential of Rs 1,500 crore from projects in Borivali and Chembur.
Share :
Mahindra Lifespace expects Rs 1,500 cr revnue from redevelopment of 3 housing societies in Mumbai
New Delhi: Realty firm Mahindra Lifespace Developers Ltd will redevelop three housing societies in Mumbai and expects a revenue of Rs 1,500 crore from saleable area.
In a regulatory filing on Wednesday, the company informed that it has "added three societies to its residential redevelopment portfolio in Mumbai."
The additions include two societies in a redevelopment project in Borivali and one additional society in an existing redevelopment project in Chembur.
Together, these projects have a total revenue potential of Rs 1,500 crore.
Vimalendra Singh, Chief Business Officer, Residential, Mahindra Lifespace Developers Ltd, said, "Mumbai's redevelopment market gives us an opportunity to grow our residential business in established locations while bringing our strong development track record to projects that meaningfully contribute to neighbourhoods."
With these three societies, he said the company is expanding its redevelopment portfolio across the city.
Mahindra Lifespace, a real estate arm of Mahindra Group, is one of the leading developers in the country.
US Trade Representative Greer calls for new global trading order
Asian Games: Sooryavanshi, Bumrah return as SL ask India to bat first in SF
Adani Ports’ Colombo West International Terminal doubles capacity with $750 million investment
Assam CM extends birthday wishes to Ram Nath Kovind, recalls his keen interest in Lachit Barphukan’s legacy
KCR family amassed Rs 1L-cr wealth: Revanth Reddy
Will complete 36 irrigation projects in 3 years: Naidu
CM Naidu calls for continuous skill training of govt staff
Job creation coalition govt’s only agenda: Lokesh
CM Vijay accuses AIADMK of aligning with DMK during Dharapuram campaign
Green energy scheme ‘big push’ towards achieving 900 GW non-fossil capacity by 2035: PM Modi
