Mahindra Lifespace Developers Limited has informed the Exchange regarding a press release dated Jun 26, 2025, titled ""Mahindra Lifespaces wins Mulund West redevelopment project worth ₹1,250 Crore"".This is only an update on intimation and no change in the Press Release
MAHLIFE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mahindra Lifespace Developers has been appointed as the preferred developer for the redevelopment of St. Pius X CHS Limited in Mulund West, Mumbai. The project sits on a 3.08-acre land parcel and carries an estimated Gross Development Value of approximately ₹1,250 crore. The site is well-connected, located about 1.4 km from the upcoming Mumbai Metro Line 5 and the Mulund-Airoli Bridge. This filing is essentially a correction to an earlier intimation, where the society name was incorrectly mentioned as 'St. Pius Ten CHS Limited' instead of 'St. Pius X CHS Limited'. No other change in the underlying press release was made.
Positive — adds a sizable project (~₹1,250 crore GDV) to MLDL's redevelopment pipeline in Mumbai, supporting future revenue visibility. Near-term stock impact likely limited as this is an order-book addition rather than an immediate earnings trigger.