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Mahindra Lifespace: Stock jumps after acquiring land in Pune with ₹3,500 Cr revenue potential

Mahindra Lifespace Developers Ltd acquired 13.46 acres in Pune’s Mahalunge-Nande area, with an estimated development potential of INR 3,500 crore, strengthening its presence in key city growth corridors.

Introduction

Leading real estate developer acquired 13.46 acres in Pune’s Mahalunge-Nande area, with development potential of INR 3,500 crore, strategically located near Hinjewadi and key city growth corridors.

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Share price movement of Mahindra Lifespace

On October 13, 2025, Mahindra Lifespace Developers Ltd opened at ₹371.55, up 0.99% from its previous close of ₹369.70. The stock reached a high of ₹383.30 (3.60%) and a low of ₹371.55. By 10:41 AM, it traded at ₹376.05, a 1.72% increase, with a market cap of ₹8,020.33 crore.

Mahindra Lifespace Acquires Pune Land for Development

Mahindra Lifespace Developers Ltd acquired 13.46 acres of land in the Mahalunge-Nande area of Pune. The land is estimated to have a development potential of approximately INR 3,500 crore.

The land is strategically located near Hinjewadi and offers connectivity through the proposed PMRDA Town Planning Scheme and the upcoming Inner Ring Road. It lies within a well-planned micro-market.

The site is surrounded by top educational institutes and social infrastructure. The acquisition aligns with Mahindra Lifespace’s strategy to expand presence across Pune’s key growth corridors.

Stock performance of Mahindra Lifespace for Period of 1 week, 6 months, and 1 year

Mahindra Lifespace Developers Ltd delivered a 1.47% return over the past week, gained 28.2% in the past six months, and declined 20.8% over the past year.

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Shareholding pattern of Mahindra Lifespace

ParticularsJun 2025Mar 2025Dec 2024
Promoter52.40%52.40%51.10%
FII8.70%8.40%9.60%
DII21.80%21.70%20.10%
Public17.10%17.50%19.20%

About Mahindra Lifespace

Mahindra Lifespace Developers Ltd (NSE: MAHLIFE) develops residential, integrated cities, and industrial clusters across India, pioneering Net Zero homes, sustainability initiatives, and innovative, award-winning projects spanning over 49.26 million sq. ft. of development.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Mahindra Lifespace Developers Ltd share price going up today?

A: Mahindra Lifespace Developers Ltd share price is rising after acquiring 13.46 acres in Pune’s Mahalunge-Nande area with INR 3,500 crore development potential.

Q: What does Mahindra Lifespace Developers Ltd specialize in?

A: Mahindra Lifespace Developers Ltd specializes in residential projects, integrated cities, industrial clusters, and pioneering Net Zero homes across India.

Q: What is the market capitalization of Mahindra Lifespace Developers Ltd?

A: The market capitalization of Mahindra Lifespace Developers Ltd is ₹8,020.33 crore as of October 13, 2025.

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