Mahindra Lifespace Launches Mahindra NewHaven in South Bengaluru
Real Estate

Mahindra Lifespace Launches Mahindra NewHaven in South Bengaluru

Mahindra Lifespace Developers has announced the launch of its new residential project, Mahindra NewHaven, in South Bengaluru. The launch, registered with the Karnataka Real Estate Regulatory Authority, was officially announced on 17 April 2025.

Positioned under the residential segment, Mahindra NewHaven aims to cater to both domestic and international home buyers seeking quality living in a fast-developing urban corridor.

Following the announcement, Mahindra Lifespace shares rose 2.86 per cent to Rs 293.40. The launch is expected to strengthen the company’s residential portfolio, especially in the Bengaluru market, which has seen rising demand for premium housing options.

Mahindra Lifespace operates nationwide through two key verticals: residential projects under the Mahindra Lifespaces and Mahindra Happinest brands, and integrated cities and industrial clusters under the Mahindra World City and Origins by Mahindra brands. Despite reporting a consolidated net loss of Rs 224.9 million in Q3 FY 2024–25, the firm saw a 104 per cent year-on-year rise in net sales to Rs 1.67 Bn, reflecting robust growth momentum in its core operations.

Source: Capital Market News

Image source:newsmantra

Mahindra Lifespace Developers has announced the launch of its new residential project, Mahindra NewHaven, in South Bengaluru. The launch, registered with the Karnataka Real Estate Regulatory Authority, was officially announced on 17 April 2025. Positioned under the residential segment, Mahindra NewHaven aims to cater to both domestic and international home buyers seeking quality living in a fast-developing urban corridor. Following the announcement, Mahindra Lifespace shares rose 2.86 per cent to Rs 293.40. The launch is expected to strengthen the company’s residential portfolio, especially in the Bengaluru market, which has seen rising demand for premium housing options. Mahindra Lifespace operates nationwide through two key verticals: residential projects under the Mahindra Lifespaces and Mahindra Happinest brands, and integrated cities and industrial clusters under the Mahindra World City and Origins by Mahindra brands. Despite reporting a consolidated net loss of Rs 224.9 million in Q3 FY 2024–25, the firm saw a 104 per cent year-on-year rise in net sales to Rs 1.67 Bn, reflecting robust growth momentum in its core operations. Source: Capital Market NewsImage source:newsmantra

Next Story
Real Estate

Birla Estates Tops Global GRESB 2025 Rankings

Birla Estates (BEPL), a wholly owned subsidiary of Aditya Birla Real Estate (formerly Century Textiles and Industries Limited), has been recognised as a Sector Leader in the 2025 GRESB Real Estate Assessment, securing top honours across multiple global and regional categories.Birla Estates’ Achievements in GRESB 2025:Global Sector Leader – ResidentialGlobal Sector Leader – Non-Listed ResidentialRegional Sector Leader – Asia – ResidentialRegional Sector Leader – Non-Listed – Asia – ResidentialThese distinctions reaffirm Birla Estates’ exceptional performance in Environmental, ..

Next Story
Infrastructure Transport

Progota India Secures RDSO Clearance for Kavach 4.0

Concord Control Systems, one of India’s leading manufacturers of embedded electronic and critical system solutions, announced that its associate company, Progota India, has received Technical Prototype Clearance from the Research Designs and Standards Organisation (RDSO) for Kavach 4.0, the latest version of Indian Railways’ indigenous Automatic Train Protection (ATP) system.With this clearance, Progota has been formally approved to execute its ongoing trial order from South Central Railway, marking a key milestone in India’s railway modernization journey. The approval also establishes P..

Next Story
Infrastructure Urban

MPS Interactive Systems Completes Full Acquisition of Liberate Group

MPS Interactive Systems (MPSi), a material subsidiary of MPS, has completed the acquisition of the remaining shareholding in the Liberate Group of Companies—comprising Liberate Learning, App-eLearn, and Liberate eLearning.With this transaction, MPSi now holds 100 per cent ownership of all entities within the Liberate Group, making them its wholly owned subsidiaries. The acquisition was executed in line with the valuation methodology defined in the original transaction documents.Commenting on the development, Rahul Arora, Chairman and CEO of MPS, said, “The corporate learning sector continu..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?