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Mahindra Lifespace along with MWCJL execute agreement with IFC

21 Jun 2018 Evaluate

Mahindra Lifespace Developers and Mahindra World City (Jaipur) (MWCJL), a subsidiary of the company and a joint venture between the company and Rajasthan State Industrial Development and investment Corporation (RIICO) have executed an agreement on June 19, 2018 with International Finance Corporation (IFC), a member of the World Bank Group, whereby IFC shall invest up to Rs 200 crore in MWCJL.

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 1109.05
Prestige EstatesProj 1434.40
Dilip Buildcon 409.20
DLF 656.15
Oberoi Realty 1734.10
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