Mahindra Lifespace Developers gains on foraying into plotted development

03 Jul 2023 Evaluate

Mahindra Lifespace Developers is currently trading at Rs. 469.55, up by 4.30 points or 0.92% from its previous closing of Rs. 465.25 on the BSE.

The scrip opened at Rs. 469.25 and has touched a high and low of Rs. 473.85 and Rs. 466.80 respectively. So far 2382 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 554.55 on 13-Sep-2022 and a 52 week low of Rs. 316.10 on 28-Mar-2023.

Last one week high and low of the scrip stood at Rs. 473.85 and Rs. 449.40 respectively. The current market cap of the company is Rs. 7274.69 crore.

The promoters holding in the company stood at 51.28%, while Institutions and Non-Institutions held 30.74% and 17.97% respectively.

Mahindra Lifespace Developers has forayed into plotted developments. The brand unveiled its first plotted development project ‘Lakefront Estates by Mahindra’ at Mahindra World City (MWC), Chennai. Spread over 19 acres, the project will offer a wide range of plots meeting the customers’ needs and aspirations, with sizes up to 5000 sq. ft., designed to provide an ideal, customized living experience with green open spaces and access to excellent infrastructure and facilities.

Lakefront Estates by Mahindra offers a truly unique living experience, nestled amidst the serene Paranur hills and overlooking 2200 acres of pristine waters of the Kolavai Lake. This picturesque setting is further complemented by an impressive urban forest to the north of the project, spread over 80 acres. In addition to the breathtaking natural beauty surrounding the project, it also boasts eight thematically designed gardens, each with a unique purpose and amenities, providing residents with ample opportunities to relax, rejuvenate and socialize with the vibrant community.

Mahindra Lifespace Developers is the real estate and infrastructure development company and a pioneer of sustainable urbanization in India.

Mahindra Life. Dev Share Price

469.35 -3.15 (-0.67%)
23-Dec-2024 10:24 View Price Chart
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