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Mahindra Lifespace acquires two land parcels in Bangalore and Mumbai

26 Mar 2013 Evaluate

Mahindra Lifespace Developers has acquired land parcels in Bangalore and Mumbai for the purpose of residential development. These two land parcels together have a development potential of approximately one million square feet.

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.

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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