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Mahindra Lifespaces inches up on opening its first international office in Dubai

Mahindra Lifespace Developers Ltd. | Construction - Real Estate | Construction & Infrastructure | BSE: 532313 | NSE: MAHLIFE

27 May 2015 Evaluate

Mahindra Lifespace Developers is currently trading at Rs. 456.15, up by 0.80 points or 0.18% from its previous closing of Rs. 455.35 on the BSE.

The scrip opened at Rs. 456.15 and has touched a high and low of Rs. 456.15 and Rs. 455.00 respectively.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 659.00 on 31-Jul-2014 and a 52 week low of Rs. 425.00 on 28-May-2014.

Last one week high and low of the scrip stood at Rs. 468.20 and Rs. 452.00 respectively. The current market cap of the company is Rs. 1,870.00 crore.

The promoters holding in the company stood at 50.83% while Institutions and Non-Institutions held 30.17% and 18.89% respectively.

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.

Mahindra Life. Dev Share Price

327.30 -0.75 (-0.23%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Lodha Developers	871.70
Dilip Buildcon	457.55
DLF	601.80
Oberoi Realty	1710.00
Ahluwalia Contract(I	832.90
View more..

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Mahindra Lifespaces inches up on opening its first international office in Dubai

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