Mahindra Lifespace Developers Limited — Important, 02-07-2025: Updates

Mahindra Lifespace Developers has achieved a strong FY 2024-25 marked by a fourfold jump in gross development value (GDV) to ₹18,100 Cr, driven by strategic land acquisitions focused on mid-premium and premium markets in Mumbai, Pune, and Bengaluru. Residential pre-sales grew 20.4% to ₹2,804 Cr, powered by successful projects like Mahindra Zen, India’s first Net Zero Waste+Energy residential development. The Integrated Cities & Industrial Clusters segment recorded ₹495 Cr revenue, with 85.1 acres leased. Operating cash flow rose 30% to ₹832 Cr, backed by disciplined capital management and a ₹1,500 Cr rights issue underway to fund growth. The company maintains a 100% green-certified portfolio targeting Net Zero by 2030.