Mahindra Lifespace targets 10k crore sales from industrial and housing projects
Real estate arm of Mahindra Group, Mahindra Lifespace is eyeing annual sales of housing properties and industrial space to Rs 8,000-10,000 crore by 2027-28 fiscal. The developer sold residential properties and industrial space worth Rs 2,698 crore in the last fiscal as against Rs 2,268 crore in the 2022-23 financial year.
Mahindra has been actively buying land and also partnering with landlords for the development of residential properties and has entered into the redevelopment of housing societies in Mumbai.
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