Mahindra Lifespace Developers Ltd

Lean balance sheet, demand for housing during Covid boosted the cash flow of these companies

“We’ve been very clear that we want to stay kind of narrow, and deep, without spreading ourselves across many cities,” Managing Director and CEO, Arvind Subramanian told businessline in an interview.

Buzzing stocks: Adani Transmission, Zee Enterprises, Tech Mahindra, Infosys, Alkem Lab, Bharat Forge, Isgec Heavy, RVNL, West Coast Paper, Mahindra Lifespace, Nahar Industrial

The company has been selected to redevelop two adjacent residential societies in the suburb of Santacruz West

Vedanta, Bajaj Auto, Bharat Electronics, Nykaa, Kirloskar Brothers, Equitas SFB, UltraTech Cement, Mahindra Lifespace, Khandwala Sec

Puravankara's sales bookings in volume terms rose 32% to 1.76 million square feet during H1 FY23

Shares of Mahindra Lifespaces opened at ₹541.95 on Monday, then gained 2.37 per cent to touch ₹550.40

Mahindra Lifespace had achieved sales bookings of ₹1,028 crore in the last financial year

Phase 1 of the project has 249 units with 2 and 3 BHK homes ranging from 730 sq ft to 1040 sq ft

The real estate developer Mahindra Lifespace will launch its Kandivali project in less than 12 months, which will be its second project in that suburb after the ‘Mahindra Roots’ project

Located on the Old Mumbai-Pune highway, this project is close to the existing residential projects of Mahindra Lifespaces

Co claims to secured more than 125 bookings within 11 days of the launch