Mahindra Lifespace Developers Ltd Share Price – NSE  / BSE

Construction, Small Cap

Mahindra Lifespace Developers will hold a meeting of the Board of Directors of the Company on 28 April 2026.

Spanning approximately 25.47 acres, Mahindra Rainforest is among the largest developments in Mumbai?s central suburbs and is envisioned as an integrated lifestyle destination. The newly launched residential phases carry an estimated Gross Development Value (GDV) of around Rs 3,000 crore.

The development is part of a broader mixed-use ecosystem, combining residential, commercial, and retail spaces within a single project. The residential township will feature thoughtfully designed 2 and 3 BHK premium homes, emphasizing green spaces, community living, and sustainable design.

The project aligns with Mahindra Lifespaces? philosophy of building ?Homes of Positive Energy,? focusing on climate-responsive planning and enhancing residents? quality of life.

Situated on LBS Marg, Kanjur, Mahindra Rainforest provides excellent connectivity to the Eastern Express Highway, Jogeshwari?Vikhroli Link Road (JVLR), and upcoming infrastructure including the Goregaon?Mulund Link Road (GMLR) and an east?west flyover in Bhandup. Residents will also benefit from Metro Line 4 running adjacent to the project, easy access to Metro Line 6, and seamless connections to the suburban rail network. Key business districts such as BKC and Powai are within reach, supported by established social infrastructure including reputed schools, hospitals, malls, and entertainment hubs.

The residential units feature contemporary layouts with ample natural light, spacious living areas, large decks, and private foyers, delivering a premium living experience.

Phase 1 & 2 of Mahindra Rainforest offers over 3.5 lakh sq. ft. of open amenities and clubhouse spaces, along with more than 7 acres of dense green areas. Amenities include an expansive clubhouse, fitness zones, jogging tracks, yoga and meditation spaces, a library, children?s play zones, and community areas. Retail conveniences are integrated within the development to meet daily needs.

Positioned as a landmark project in Kanjur, Mahindra Rainforest is set to redefine premium living in Mumbai?s central suburbs, combining connectivity, lifestyle, and sustainable urban design.

Vimalendra Singh, Chief Business Officer ? Residential, Mahindra Lifespace Developers, said, ?Mumbai continues to be a strategic focus market for Mahindra Lifespaces, and the central suburbs are an important residential corridor driven by strong connectivity and established social infrastructure. With Mahindra Rainforest, we are bringing our philosophy of ?Homes of Positive Energy? to life through a landmark mixed-use development that brings together nature, thoughtful design, and everyday functionality. The idea is to create not just homes, but a living environment where green spaces, community experiences, and sustainable planning come together in a meaningful way. We believe Mahindra Rainforest will set a new benchmark for well-planned, premium and nature-led living in central suburbs.?

Mahindra Lifespaces Developers, the real estate arm of the Mahindra Group, has a development footprint of 53.65 million sq. ft across seven cities and over 5,000 acres of industrial clusters. Its portfolio includes premium residences, affordable homes under the Happinest brand, and integrated cities under Mahindra World City and Origins.

The company reported a turnaround consolidated net profit of Rs 108.88 crore in Q3 FY26, compared with a net loss of Rs 22.49 crore in the corresponding quarter last year. Revenue from operations surged 174.48% year-on-year to Rs 459.16 crore for the quarter ended 31 December 2025.

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Mahindra Lifespace Developers has announced the launch of residential - phase 1&2 of Mahindra Rainforest, a premium mixed-use development located on LBS Marg, Kanjur, Mumbai. Spanning ~25.47 acres, the project is among the largest developments in Mumbai's central suburbs and is envisioned as an integrated lifestyle destination.

The residential launch phases have an estimated Gross Development Value (GDV) of approximately Rs 3,000 crore. Part of a larger mixed-use ecosystem, Mahindra Rainforest is designed to redefine urban living by seamlessly integrating residential, commercial, and retail within a single development. The residential township in these phases will offer thoughtfully designed 2 and 3 BHK premium residences tailored for modern urban lifestyles. Emphasizing green spaces, community living, and sustainable design, the project reflects Mahindra Lifespaces' philosophy of building Homes of Positive Energy, with a strong focus on climate-responsive planning and enhanced quality of life.

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Mahindra Lifespace Developers announced that CRISIL Rating has assigned the rating CRISIL AA; Stable / CRISIL A1+ for the company's bank facilities and commercial paper.

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