Mahindra Lifespace Developers announced the successful launch of Happinest Tathawade, a first-of-its-kind 'Fusion Homes' residential project in Pune.

A pioneering residential format, 'Fusion Homes' at Happinest Tathawade cater to the full spectrum of living needs of each user.Innovative space utilisation at the project makes it easier for residents to seamlessly switch betweentheir personal and professional lives, provides undisturbed personal space within a thriving communityenvironment, caters to new age fitness needs and enables a deep connect to nature.

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Mahindra Lifespace Developers announced the inauguration of the Yanmar Group facility at ORIGINS, Chennai. ORIGINS, Chennai is an industrial park developed to international standards in a joint venture between a subsidiary of MLDL and Sumitomo Corporation of Japan.

With a built-up area of 23708 sq. mts, the Yanmar Groupfacility at ORIGINS, Chennai has an annual production capacity of 80,000 engines and will cater to domesticand export markets. The total planned investment in the facility is of Rs. 500 Cr. by Yanmar Group, Japan.The new facility will manufacture diesel engines for tractors, construction equipment and generators.

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Mahindra Lifespace Developers has launched residentialproject 'Happinest Tathawade' at Tathawade, Pune, Maharashtra.

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Net loss of Mahindra Lifespace Developers reported to Rs 11.19 crore in the quarter ended December 2020 as against net profit of Rs 1.81 crore during the previous quarter ended December 2019. Sales declined 17.34% to Rs 65.16 crore in the quarter ended December 2020 as against Rs 78.83 crore during the previous quarter ended December 2019.

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