Mahindra Lifespaces Extremely Bullish on Future Developments

Mahindra Lifespaces Extremely Bullish on Future Developments

Mahindra Lifespaces Extremely Bullish on Future Developments

Mahindra Lifespace Developers, the real estatsqand infrastructure arm of the Mahindra Group, is pursuing an ambitious strategy to achieve a five-fold growth in pre-sales over the next five years. This entails building a project pipeline with a development value exceeding Rs 45,000 crore, a target nearly ten times its existing range of Rs 4,000 crore to Rs 5,000 crore. The company's focus is set on joint developments, housing society redevelopments, and outright land acquisitions in key markets such as Mumbai, Pune, and Bengaluru.

To support this significant expansion, Mahindra Lifespaces plans to deploy over Rs 7,500 crore, utilizing internal funds, capital infusion from the Mahindra Group, and contributions from institutional investors. Recognized as a growth asset in the Mahindra portfolio, the company is committed to receiving resources and investments from Mahindra & Mahindra, its parent company.

In addition to internal funding, Mahindra Lifespaces is open to bringing in a financial partner at either a platform or project level and is considering raising debt, given its low debt-equity ratio. The company's pre-sales for the fiscal year 2022–23 were Rs 1,812 crore, and for the first nine months of the current fiscal year, it stood at Rs 1,243 crore. Notably, the company sold apartments worth Rs 800 crore in its newly launched Kandivali project.

The primary growth focus is expected to come from the residential business, while the industrial segment is anticipated to remain stable. Amit Sinha, MD & CEO, highlighted the positive experience in redevelopment projects, particularly in Mumbai, where the company secured rights to redevelop housing societies in Santacruz and Malad suburbs. Mahindra Lifespaces aims for redevelopment projects with a GDV threshold of Rs 1,000 crore.

Furthermore, the company is looking into horizontal development, as evidenced by its recent project launch in Chennai. Mahindra Lifespaces' current development footprint spans 35.06 million sq ft across seven Indian cities, encompassing ongoing and forthcoming residential projects, integrated developments, and industrial clusters. The existing portfolio includes 14.48 million sq ft across 14 ongoing and five new projects, along with over 5,000 acres under development in various locations.
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Sandeep Sadh

About Sandeep Sadh

Sandeep Sadh has been in the real estate business since 1993 in Mumbai. He has expertise in Buying, Selling, Leasing properties in Mumbai and a deep understanding of legal and tax related matters due to his experience.


Over the years, he has experienced the City's growth. He has been a columnist in the Times of India with numerous articles, which bring about a clear picture of the real estate market in Mumbai. He is a regular on NDTV, CNBC, ET Now Real Estate and Zee News, giving his experienced quotes as and when required.

Sandeep Sadh has used information and technology since the year 1998 and now what people call it Prop Tech to cater to the needs of Home Buyer, Seller, Investor and Corporates, HNI and NRI looking to Buy/Sell or Lease their properties in the Mumbai Property Market.

Sandeep has a holistic experience of real estate be it Leasing an Apartment for your CEO in the most upmarket buildings, to enter into a long lease for your office in Mumbai in prime buildings or an Investment in good projects with a detailed analysis keeping in mind the Demand and Supply and other micro factors of the project/property.

Sandeep Sadh has developed a few websites like,, which augment the real estate consulting business.

Right from Investments in Primary Markets to Selling, leasing and specializing for NRI’s all over the world. He is an expert in NRI Home Buying and Selling and has a good understanding of the Income Tax laws pertaining to Selling a Property and Repatriating funds overseas or reinvesting based on Capital Gains etc.


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While transacting in the above segments, he has complete experience and deep understanding of the paper work, his areas of expertise are :

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