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Mahindra Lifespace’s JV receives multi-product notification for its SEZs

30 Apr 2018 Evaluate

Mahindra World City Jaipur (MWC Jaipur), a joint venture between Mahindra Lifespace Developers (MLDL) and Rajasthan State Industrial Development and Investment Corporation (RIICO), has received multi-product notification for its Special Economic Zones (SEZs). The existing sectoral SEZs in MWC Jaipur - Engineering & Related Industries; IT/ITeS; Handicrafts; and Gems & Jewellery - have been merged and will operate as one multi-product SEZ.

Multi-product notification for its SEZs provides significant impetus to MWC Jaipur as one of India’s most preferred business destinations - one which is already home to more than 80 leading global and domestic companies across its industrial zone.

Mahindra Lifespace Developers is the real estate and infrastructure development business of the $19 billion Mahindra Group, and a pioneer of sustainable urbanization in India.

Peers
Company Name CMP
Lodha Developers 1070.10
Prestige EstatesProj 1425.00
Dilip Buildcon 398.00
DLF 621.00
Oberoi Realty 1668.30
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