Mahindra Lifespaces moves up on signing 100-acre plotted development in MMR
Mahindra Lifespace Developers is currently trading at Rs. 315.90, up by 0.90 points or 0.29% from its previous closing of Rs. 315.00 on the BSE.
The scrip opened at Rs. 320.00 and has touched a high and low of Rs. 322.00 and Rs. 314.40 respectively. So far 9937 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 428.35 on 01-Dec-2025 and a 52 week low of Rs. 288.00 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 322.00 and Rs. 298.10 respectively. The current market cap of the company is Rs. 6,742.19 crore.
The promoters holding in the company stood at 52.40%, while Institutions and Non-Institutions held 30.16% and 17.45% respectively.
Mahindra Lifespace Developers has signed a 100 acre plotted development in the Mumbai Metropolitan Region (MMR), marking its entry into plotted development in the region.
This is the first plotted development outside Mahindra World City, Chennai. The launch builds on Mahindra Lifespaces' established presence in plotted developments through Lakefront Estates by Mahindra and Green Estates by Mahindra at Mahindra World City, Chennai. The positive response to these developments reflects the increasing appeal of plotted developments among homebuyers and supports the company's plans to expand this offering to new markets.
