Mahindra Lifespace Developers, the real estate and infrastructure development business of the $16.5 billion Mahindra Group, has opened its first international office in Dubai, UAE. This representative office in Dubai is located in Sultan Business Centre, next to Lamcy Plaza, an easily accessible and central location in Dubai.
The GCC region is a key market for Mahindra Lifespaces with more than 50% of its international sales coming from this region. One out of every three international customers investing in Indian real estate, resides in this region. The Dubai representative office will allow the company to directly engage with and address the needs of the Indian diaspora who want to stay connected to their roots.
Mahindra Lifespace Developers (MLDL) is the real estate and infrastructure development subsidiary of Mahindra & Mahindra (M&M). At present, M&M holds 51% of the equity share capital of MLDL. MLDL has two main lines of businesses - standalone real estate development and development of integrated business cities.
