Mahindra Lifespace Developers gains on launching India's first 'Fusion Homes' project in Pune
Mahindra Lifespace Developers is currently trading at Rs. 485.70, up by 2.00 points or 0.41% from its previous closing of Rs. 483.70 on the BSE.
The scrip opened at Rs. 485.55 and has touched a high and low of Rs. 485.70 and Rs. 484.90 respectively. So far 115 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 507.50 on 12-Feb-2021 and a 52 week low of Rs. 171.20 on 07-May-2020.
Last one week high and low of the scrip stood at Rs. 507.50 and Rs. 474.70 respectively. The current market cap of the company is Rs. 2491.57 crore.
The promoters holding in the company stood at 51.46%, while Institutions and Non-Institutions held 26.89% and 21.65% respectively.
Mahindra Lifespace Developers has successful launched Happinest Tathawade, a first-of-its-kind ‘Fusion Homes’ residential project in Pune. A pioneering residential format, ‘Fusion Homes’ at Happinest Tathawade cater to the full spectrum of living needs of each user. Innovative space utilisation at the project makes it easier for residents to seamlessly switch between their personal and professional lives, provides undisturbed personal space within a thriving community environment, caters to new age fitness needs and enables a deep connect to nature.
‘FusionZindagi’ features and amenities at Happinest Tathawade include designated ‘hobby rooms’ which residents can use to pursue personal passions, an open-air theatre and gym, pedalling seats with provision for workstations to enable an active work life, an organic farm for alternative, locally sourced food, and numerous outdoor adventure games and activities for inter-generational interaction amidst nature.
Mahindra Lifespace Developers is the real estate and infrastructure development business of the $19 billion Mahindra Group, and a pioneer of sustainable urbanization in India.