Mahindra Lifespace Eyes Major Revenue Boost from Mumbai Redevelopments
Mahindra Lifespace Developers Ltd anticipates generating Rs 1,700 crore in revenue from two redevelopment projects in Mumbai. The company has been selected as the partner for redeveloping two societies in Chembur, boasting a combined development potential worth Rs 1,700 crore on a total of 4.4 acres.
- Country:
- India
Mahindra Lifespace Developers Ltd is set to achieve a revenue milestone of Rs 1,700 crore from two new redevelopment projects in Mumbai.
According to a recent regulatory filing, the company has secured the partnership role for these projects in the Chembur area.
The redevelopment involves a combined gross development potential of Rs 1,700 crore across two societies spanning approximately 4.4 acres, reinforcing Mahindra Lifespace's position as a leading developer in India.
(With inputs from agencies.)
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