Mahindra Lifespace Developers Ltd Share Price – NSE /  BSE

Construction, Small Cap

Mahindra Blossom will be the company?s third 'net zero? residential development in the city.

Vimalendra Singh, chief business officer ? Residential, Mahindra Lifespace Developers, said: Bengaluru is a key market in our strategy to scale residential development across strong, end-user-driven cities.

Mahindra Blossom reflects this focus by offering well-designed, sustainable homes in a premium location. Whitefield continues to show steady absorption supported by connectivity improvements and a deep employment base.

Mahindra Lifespaces Developers, the real estate arm of the Mahindra Group, has a development footprint of 53.30 million square feet 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 consolidated net profit of Rs 47.91 crore in Q2 FY26, compared with net loss of Rs 14.01 crore in corresponding quarter last year. Revenue from operations soared 130.74% to Rs 17.56 crore during the quarter ended 30th September 2025.

The scrip fell 1.18% to currently trade at Rs 394.75 on the BSE.

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The project spans approximately 1.53 acres, with a gross development value of around Rs 1,010 crore.

Located in Matunga, the site benefits from seamless connectivity to key social and business hubs. The micro market is a well-established residential catchment with proximity to Shivaji Park, leading educational institutions, healthcare facilities, retail destinations, robust transport networks and nearby metro links.

Vimalendra Singh, chief business officer- Residential, Mahindra Lifespace Developers, said: ?This mandate is a strong endorsement of the trust communities place in Mahindra Lifespaces to deliver redevelopment that genuinely uplifts neighbourhoods.

Matunga is a well established and highly valued neighbourhood, and this redevelopment allows us to contribute thoughtfully to its next chapter with homes designed for modern lifestyles.

Mahindra Lifespaces Developers, the real estate arm of the Mahindra Group, has a development footprint of 53.30 million square feet 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 consolidated net profit of Rs 47.91 crore in Q2 FY26, compared with net loss of Rs 14.01 crore in corresponding quarter last year. Revenue from operations soared 130.74% to Rs 17.56 crore during the quarter ended 30th September 2025.

The scrip shed 0.31% to currently trade at Rs 418 on the BSE.

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Mahindra Lifespace Developers (MLDL) has been selected as the preferred development partner for a major residential redevelopment project in Matunga, Mumbai. The project spans approximately 1.53 acres, with a gross development value of around Rs 1,010 crore.

Commenting on the new mandate, Vimalendra Singh, Chief Business Officer ? Residential, Mahindra Lifespace Developers Ltd., said: ?This mandate is a strong endorsement of the trust communities place in Mahindra Lifespaces to deliver redevelopment that genuinely uplifts neighbourhoods. Matunga is a well established and highly valued neighbourhood, and this redevelopment allows us to contribute thoughtfully to its next chapter with homes designed for modern lifestyles. We look forward to setting a new benchmark for community-centric redevelopment in Mumbai.

With this addition, Mahindra Lifespaces continues to strengthen its presence in Mumbai's redevelopment landscape, further expanding its footprint in established city micro-markets.

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Mahindra Lifespace Developers (MLDL), subsidiary of the Mahindra & Mahindra has executed a Share Purchase Agreement (SPA) with Actis Mahi Holdings (Singapore) (AMHSPL) and Mahindra Homes (MHPL), and completed the acquisition of the entire stake held by AMHSPL in MHPL.

Upon completion of this transaction by MLDL, MHPL would become a wholly owned subsidiary of MLDL and in turn a step-down subsidiary of Mahindra & Mahindra.

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