Mahindra Lifespace Developers has informed that, pursuant to regulatory processes, the Company has been chosen as the preferred partner for the redevelopment project of a society at Matunga, Mumbai. The project spans approximately 1.53 acres, with a gross development value of around INR 1,010 crore. The intimation to this effect has been received on December 3, 2025 at 8:13 am. The company has attached Press Release regarding the same. This intimation is also available on the website of the Company at https://www.mahindralifespaces.com/investor-center/?category=materialdisclosureintimation.