Mahindra Lifespaces rises on launching Mahindra Rivenza in Pune
Mahindra Lifespace Developers is currently trading at Rs. 356.90, up by 5.10 points or 1.45% from its previous closing of Rs. 351.80 on the BSE.
The scrip opened at Rs. 356.90 and has touched a high and low of Rs. 361.10 and Rs. 356.90 respectively.
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. 365.00 and Rs. 346.70 respectively. The current market cap of the company is Rs. 7507.64 crore.
The promoters holding in the company stood at 52.41%, while Institutions and Non-Institutions held 30.14% and 17.45% respectively.
Mahindra Lifespace Developers has launched Mahindra Rivenza, a residential development spread across 13.46 acres in Baner Annex, Mahalunge, Pune, with an overall Gross Development Value (GDV) of around Rs 3,500 crore. As part of the launch, Phase 1 will introduce 1,236 units across 2, 3 and 4 BHK residences within the development.
The development will feature amenities spread across over 2.65 lakh sq. ft. including one the largest clubhouses in the township spanning across over 44,000 sq. ft., and landscaped green spaces extending over 9 acres. The amenity offering includes a swimming pool with a sunken bar, signature giant swings, stargazing hammocks, gymnasium, badminton courts, squash court, pickleball court and many more fitness amenities. It also offers cycling and jogging tracks, a library with a glass roof and scenic views, and children’s play area. Mahindra Rivenza is envisaged as a Net Zero Waste development and is IGBC pre-certified Gold, reinforcing the project’s focus on sustainable and responsible residential development.
