Mahindra Lifespaces Targets Rs 10,000 Bn Sales by FY30

15 May 2025 CW Team

Mahindra Lifespace Developers aims to more than treble its sales to Rs 100 Bn by financial year twenty thirty, up from Rs 33 Bn in financial year twenty twenty-five. Backed by a strong land bank, robust pipeline, and rights issue of Rs 15 Bn, the company is focusing on growth in premium housing and industrial leasing.

The company’s gross development value (GDV) has grown from Rs 44 Bn in financial year twenty twenty-four to Rs 181 Bn in financial year twenty twenty-five, with the current pipeline at Rs 390 Bn. New launches are planned in Whitefield, Malad, Bhandup, Mahalaxmi and Pune.

Mahindra Lifespaces is gradually exiting affordable housing, citing weak demand. Projects in Kalyan, Palghar, Pune and Chennai will be completed but the company’s focus will shift to higher-value offerings.

In the integrated cities and industrial cluster (IC&IC) business, the company leased 85.1 acres worth Rs 4.2 Bn in financial year twenty twenty-five. With 1,634 acres still available, management expects Rs 60 Bn in revenue and Rs 15 Bn to Rs 20 Bn profit over the next eight to ten years.

The company is scaling within existing clusters like Mahindra World City in Chennai and Jaipur while maintaining profitability of around Rs 1.5 Bn annually from the IC&IC segment.

Source:Financial Express

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..