Mahindra Lifespaces to launch 3 projects

Garima Singh New Delhi | Updated on February 14, 2019 Published on February 14, 2019

Sangeeta Prasad, MD and CEO, Mahindra Lifespaces Developers   -  Bijoy Ghosh

Realty company Mahindra Lifespaces is planning to expand its footprint by coming up with one project each in Mumbai, Pune, and Bengaluru in the days to come.

“Our aim is to improve operational traction and to get deeper into these three cities. In the second stage, National Capital Region (NCR) and Hyderabad are the two locations where the company is in the evaluating stage,” said Sangeeta Prasad, MD and CEO, Mahindra Lifespaces Developers.

The reason for choosing Mumbai, Pune, and Bengaluru for the projects is that jobs are being created and infrastructure is refurbished in these cities, she said. “The three projects are expected to be completed in FY 2020,” she added.

“We are focusing on strengthening our land acquisition team. Getting more people of different expertise and increasing the pipeline of lands are focus areas,” Prasad said.

Published on February 14, 2019

A letter from the Editor

Dear Readers,

The coronavirus crisis has changed the world completely in the last few months. All of us have been locked into our homes, economic activity has come to a near standstill. Everyone has been impacted.

Including your favourite business and financial newspaper. Our printing and distribution chains have been severely disrupted across the country, leaving readers without access to newspapers. Newspaper delivery agents have also been unable to service their customers because of multiple restrictions.

In these difficult times, we, at BusinessLine have been working continuously every day so that you are informed about all the developments – whether on the pandemic, on policy responses, or the impact on the world of business and finance. Our team has been working round the clock to keep track of developments so that you – the reader – gets accurate information and actionable insights so that you can protect your jobs, businesses, finances and investments.

We are trying our best to ensure the newspaper reaches your hands every day. We have also ensured that even if your paper is not delivered, you can access BusinessLine in the e-paper format – just as it appears in print. Our website and apps too, are updated every minute, so that you can access the information you want anywhere, anytime.

But all this comes at a heavy cost. As you are aware, the lockdowns have wiped out almost all our entire revenue stream. Sustaining our quality journalism has become extremely challenging. That we have managed so far is thanks to your support. I thank all our subscribers – print and digital – for your support.

I appeal to all or readers to help us navigate these challenging times and help sustain one of the truly independent and credible voices in the world of Indian journalism. Doing so is easy. You can help us enormously simply by subscribing to our digital or e-paper editions. We offer several affordable subscription plans for our website, which includes Portfolio, our investment advisory section that offers rich investment advice from our highly qualified, in-house Research Bureau, the only such team in the Indian newspaper industry.

A little help from you can make a huge difference to the cause of quality journalism!


Support Quality Journalism
This article is closed for comments.
Please Email the Editor
You have read 1 out of 3 free articles for this week. For full access, please subscribe and get unlimited access to all sections.