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Mahindra Lifespace Developers’ JV acquires land at Thane

06 Nov 2019 Evaluate

Mahindra Lifespace Developers’ joint venture (JV) Mahindra Happinest Developers has executed a conveyance deed with the land owners for acquisition of a land parcel situated in Mumbai Metropolitan Region in Thane, Maharashtra, having residential development potential of upto 0.84 million sq.feet.

Mahindra Happinest Developer is a joint venture between HDFC Capital Affordable Real Estate Fund -1 and a subsidiary of Mahindra Lifespace.

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 653.90
Oberoi Realty 1734.10
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