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Mahindra World City, Chennai hands over critical healthcare assets under CSR initiative
Chennai, 11 February 2026 – Mahindra World City (MWC), Chennai, a part of Mahindra Lifespace Developers Limited’s portfolio as part of its sustained commitment to community development and public well-being, handed over key healthcare assets under its Corporate Social Responsibility (CSR) initiative at a ceremony held on 10 February 2026 at the Mahindra World City in Chennai.
As part of the initiative, Mahindra World City, Chennai handed over an Advanced Life Support (ALS) Ambulance to Chengalpattu Medical College & Hospital, and medical equipment for Primary Health Centres across Chengalpattu District. The initiative was aimed at strengthening emergency medical response systems and enhancing access to essential healthcare services in the region.
The ALS ambulance was handed over to Dr. Nandhakumar, Medical Superintendent, Chengalpattu Medical College & Hospital, while the medical equipment was handed over to Dr. Bhanumathy, District Health Officer, Chengalpattu, during the ceremony. The ambulance was flagged off by Mr. Amit Kumar Sinha, Managing Director & CEO, Mahindra Lifespace Developers Ltd., in the presence of Mr. Nallasivan, IAS, Sub Collector, Chengalpattu, along with the leadership team, underscoring the organisation’s commitment to supporting public healthcare infrastructure.
Commenting on the initiative, Mr. Amit Kumar Sinha, Managing Director & CEO, Mahindra Lifespace Developers Ltd., said, “At Mahindra World City, Chennai, we believe that access to timely and quality healthcare is fundamental to building resilient communities. Through this CSR initiative, we are pleased to support the public healthcare system in Chengalpattu District by strengthening emergency medical services and primary healthcare infrastructure. This reflects our continued commitment to creating long-term social value in the regions we operate in.”
The initiative formed part of Mahindra World City’s broader CSR strategy, with a focused emphasis on healthcare, sustainability, and community-centric development, aligned with the Mahindra Group’s philosophy of driving positive and enduring societal impact.
Mahindra Lifespaces and Mitsui Fudosan Group announce long term joint venture partnership, starting with Mahindra Blossom, Bengaluru
Bengaluru, 09 February 2026 – Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, today announced a joint venture with Mitsui Fudosan Group for the development of Mahindra Blossom, a premium residential project located in Whitefield, Bengaluru. This marks the first project under this strategic partnership. This long term partnership combines the strengths of two marquee organisations with a shared focus on long‑term value creation, while paving the way for potential future opportunities.
Mahindra Blossom is a high‑rise residential development comprising approximately 730 homes, located near Hopefarm Channasandra Metro Station on the Namma Metro Purple Line. Positioned along one of Bengaluru’s leading IT and employment corridors, the project is the city’s fourth net zero waste residential development. It offers strong connectivity to major commercial hubs and easy access to established educational institutions, healthcare facilities, and social infrastructure.
Commenting on the joint venture, Mr. Amit Kumar Sinha, Managing Director & CEO, Mahindra Lifespace Developers Ltd., said, “This joint venture with the Mitsui Fudosan Group marks a significant milestone for Mahindra Lifespaces. As Japan’s largest residential developer, Mitsui Fudosan sets global benchmarks in design, sustainability, and customer experience, and we look forward to integrating their best practices into the first joint project, Mahindra Blossom, one of our premium developments in Bengaluru. We are working towards expanding this partnership.”
Mr. Daijiro Eguchi, Managing Director, Mitsui Fudosan (Asia) Pte. Ltd., said, “India represents a highly attractive residential market driven by strong economic fundamentals and rapid urbanisation. Mahindra Blossom marks Mitsui Fudosan Group’s entry into India’s residential sector, and we are pleased to partner with Mahindra Lifespace Developers Limited, a trusted developer known for its commitment to sustainable development. Together with Mahindra Lifespace Developers Limited, we aspire to create a marquee residential development, driven by innovation and inspired design, that seamlessly blends global standards of quality and sustainability with deep local insight, contributing to the long term evolution of India’s urban living environment.”
The development will offer thoughtfully designed homes supported by a wide range of shared lifestyle amenities including a half‑Olympic size swimming pool, gym, badminton courts, jogging tracks, a pet park, and curated community spaces. Spread across 97,000 sq. ft. of amenities and nearly 4 acres of dedicated green and open spaces, the project is crafted to promote holistic and healthy living. Integrated retail within the development will further enhance everyday convenience, creating a well‑rounded living ecosystem designed to support modern urban lifestyles.
Planned with a strong emphasis on sustainability and resource efficiency, Mahindra Blossom incorporates climate‑responsive design principles, energy‑efficient planning, and construction practices focused on on‑site waste segregation and recycling. These measures align with Mahindra Lifespaces’ broader commitment to developing environmentally responsible residential communities based on global best practices. The said transaction is subject to necessary approvals and satisfaction of customary conditions precedent.
The partners also acknowledge the strategic counsel of Avinash Sule, Founder of Route78Partners, whose deep understanding of the Japanese and Indian real estate markets, together with his cross‑cultural expertise, played a vital role in building mutual trust, shaping the project’s governance framework, and aligning the long‑term objectives of this collaboration.
About Mitsui Fudosan
Mitsui Fudosan Co., Ltd. (MF) is a publicly traded company with approximately $66 billion (¥9.8 trillion, as of Sep. 2025) in assets, one of Japan’s largest real estate companies. MF has pursued mixed-use neighborhood creation that integrates office buildings, retail facilities, logistics, hotels/resorts, and residentials across various areas in Japan. MF’s area of operations is not only in Japan; Mitsui Fudosan Group has been conducting business in major cities in North America, Europe, China, Taiwan, Southeast Asia, Australia, and India. The Group is continuously pursuing the business expansion through driving the evolution of neighborhood creation. Since its incorporation, Mitsui Fudosan Group has led the development of numerous markets through iconic mixed-use projects—such as the Nihonbashi Revitalization Plan, the TOKYO MIDTOWN series, and Kashiwa-no-ha Smart City in Japan—while also achieving significant growth in its overseas business across major cities in Europe, North America, and Asia by leveraging the know-how and management resources cultivated in Japan together with the strengths of its local partners.
For more information on Mitsui Fudosan Co., Ltd., please visit
https://www.mitsuifudosan.co.jp/english/
Sustainability in the Mitsui Fudosan Group
Based on the meaning of its “& mark,” “to generate new value with society through cooperation, coexistence and co-creation, we forge ahead, innovating,” the Mitsui Fudosan Group views the “creation of social value” and the “creation of economic value” as two wheels of a cart. Accordingly, we believe that the creation of social value leads to the creation of economic value, and that this economic value then creates even greater social value. Moreover, we identified six Group Materiality priority issues when formulating our new management philosophy in April 2024. These Group Materiality priority issues are (1) Contribute to industrial competitiveness, (2) Coexist with the environment, (3) Health and Vitality, (4) Safety and security, (5) Diversity and inclusion, and (6) Compliance and governance. The Mitsui Fudosan Group will work to address each of the materialities through its core business activities and contribute to the promotion of sustainability.
Mitsubishi Electric India to invest ₹2,100 Cr in manufacturing expansion at Origins by Mahindra, Chennai
Chennai, February 06, 2026: Mahindra Industrial Park Chennai Limited (MIPCL), a joint venture between Mahindra World City Developers Limited and Sumitomo Corporation of Japan, marks yet another significant milestone with the commencement of operations of Mitsubishi Electric India Private Limited’s air conditioner and compressor manufacturing facility at Origins by Mahindra in Chennai. The facility, spread across 52 acres within the integrated industrial cluster, represents the scaling up of Mitsubishi Electric India’s manufacturing presence in India.
The facility was inaugurated by the Hon’ble Chief Minister of Tamil Nadu, Thiru M.K. Stalin, through a virtual plaque unveiling. Developed with an investment of approximately ₹2,100 crore, the facility underscores Mitsubishi Electric India’s long-term commitment to India and further strengthens Tamil Nadu’s position as a preferred destination for high-value, technology-led manufacturing.
With an annual production capacity of 300,000 indoor and outdoor room air conditioners and 650,000 compressors, the expansion contributes to the development of a strong regional supplier ecosystem, and aligns with the Government of India’s ‘Make in India’ initiative.
At the inauguration, Hon’ble Chief Minister Thiru M.K. Stalin said, “Chennai continues to serve as the manufacturing backbone of Tamil Nadu, anchored by a deep and well-established industrial ecosystem. The inauguration of Mitsubishi Electric India’s new air conditioner and compressor manufacturing facility reflects the state’s growing potential and our commitment to enabling businesses from India and across the world to strengthen manufacturing, expand operations, and grow sustainably in Tamil Nadu.”
Atsushi Takase, Managing Director, Mitsubishi Electric India, said, “India is witnessing a rapid growth for energy-efficient and high-quality air-conditioning solutions. This facility will support this growing demand through local manufacturing, while enabling us to respond faster to customer needs, strengthen quality control, and ensure sustainable operations. It will position India as a core hub within Mitsubishi Electric’s global air conditioning business. Aligned with the progressive industrial vision of the Tamil Nadu government, this investment underscores our long-term commitment to India, Tamil Nadu, and the country’s manufacturing ambitions.”
Vikram Goel, Chief Business Officer – Industrial, Mahindra Lifespace Developers Limited, said, “The expansion of Mitsubishi Electric India’s manufacturing operations at Origins by Mahindra reflects the strength of our integrated industrial cluster model. We focus on building future-ready ecosystems that combine world-class infrastructure, sustainability-led development, and seamless connectivity. The continued expansion of large global manufacturers like Mitsubishi Electric India within our developments reinforces the trust placed by these brands in our platform and our ability to support long-term industrial growth.”
Origins by Mahindra, Chennai is strategically located on NH16 and lies within the influence zones of the Chennai–Bengaluru Industrial Corridor (CBIC) and the Chennai–Visakhapatnam Industrial Corridor (CVIC). The industrial cluster offers proximity to the ports of Chennai, Ennore and Kattupalli, enabling efficient logistics and supply chain operations for manufacturing-led businesses.
The expansion of Mitsubishi Electric India’s operations further strengthens Origins by Mahindra, Chennai’s ecosystem of leading global manufacturers and reinforces Mahindra Lifespaces’ commitment to enabling sustainable, high-quality industrial development aligned with India’s manufacturing ambitions.
Strong 9M performance from MLDL; Healthy PAT delivery driven by residential project completions and healthy Industrial leasing
Mumbai, Feb 02, 2026 – Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development business of the Mahindra Group, announced its financial results for the quarter ended 31st December 2025 today. In accordance with INDAS 115, Company recognizes its revenues on completion of contract method.
Key highlights
Q3 FY26:
• Consolidated Sales (Resi and IC&IC) of Rs 707 crore
— Q3 FY26 residential pre-sales of Rs 572 crore (saleable area of 0.60 msft, RERA carpet area of 0.45 msft) as compared to Rs 334 crore in Q3 FY25.
— Gross development value additions in Q3 FY26 were Rs 1,010 crore.
— Consolidated revenues of Rs 134 crore in Q3 FY26 from IC&IC business as against Rs 70 crore in Q3 FY25 (Total leased area of 17.9 acres).
— The consolidated PAT, after non-controlling interest, as per INDAS is Rs 109 crore in Q3 FY26 as against loss of Rs 23 crore in Q3 FY25.
• Strong balance sheet and collections.
— Net debt to equity ratio at -0.12 (cash surplus) as of 31st December 2025.
— Residential collections of Rs 1,472 crore for 9M FY26 as compared to Rs 1,365 crore for 9M FY25.
9M FY26:
• Consolidated Sales (Resi and IC&IC) of Rs 2,125 crore
— Gross development value additions in 9M FY26 were Rs 10,560 crore in addition to Rs 18100 crore in FY25.
— 9M FY26 residential pre-sales of Rs 1,773 crore (saleable area of 2.35 msft, RERA carpet area of 1.76 msft) as compared to Rs 1,749 crore in 9M FY25.
— Consolidated revenues of Rs 352 crore in 9M FY26 from IC&IC business as against Rs 284 crore in 9M FY25 (Total leased area of 53.5 acres in 9M FY26).
— The consolidated PAT, after non-controlling interest, as per INDAS is Rs 208 crore in 9M FY26 as against loss of Rs 24 crore in 9M FY25, reflecting strong Resi and IC&IC profitability.
Commenting on the performance, Mr. Amit Kumar Sinha, Managing Director & CEO, Mahindra Lifespace Developers Ltd., said, “We are thrilled to announce a strong quarterly result. On the Residential side, we had 3 project completions that contributed to our PAT. We have a strong pipeline of residential launches leading into FY27. On the IC&IC side, we are seeing healthy demand for high quality industrial plots in our industrial parks. We launched phase 2A of Origins by Mahindra in Chennai in December 25.”
Notes:
1. Company uses carpet areas in its customer communication. However, the data in saleable area terms has been presented here to enable continuity of information to investors and shall not be construed to be of any relevance to home buyers / customers.
2. The operational highlights include the performance of the Company and its subsidiaries / joint ventures / associates.
For further enquiries, please contact:
Mr. Devavrat Mastakar
Head, Investor Relations
Email:[email protected]
Mahindra Lifespaces Sponsor New Zealand Cricket’s Golf Day Event at Willingdon Club, Mumbai
Mumbai, January 6, 2026: Mahindra Lifespace Developers Ltd., the real estate and infrastructure development arm of the Mahindra Group, was the title sponsor of the New Zealand Cricket Golf Day in partnership with TCM Sports, held at the Willingdon Club in Mumbai. The one-day, invitation-only event brought together a curated group of CXOs, promoters, celebrities and high net worth individuals alongside New Zealand Cricket players and legends, reinforcing Mahindra Lifespaces’ premium positioning through association with a world-class sporting platform.
The day included a golf tournament followed by a networking dinner, providing a setting for informal interaction and engagement.
Mahindra Lifespaces’ association with the platform comes at a time when the company is advancing its strategic focus on premium residential development.
Commenting on the occasion, Amit Kumar Sinha, Managing Director and CEO, Mahindra Lifespace Developers Ltd., said, “The Golf Day brought together sport, leadership, and long-term thinking. In both sports and business, sustained performance is built on discipline, and consistent delivery. As Mahindra Lifespaces sharpens its focus on premium residential development, we want to build on that discipline and consistency. Our priority will continue to be create high-quality, state-of-the-art living environments that enhance the living experience.”
As Mahindra Lifespaces advances its premium residential strategy, sustainability continues to be a core consideration in how projects are planned and delivered. The company has been among the early movers in green and Net Zero residential development in India. This builds on its experience of developing and operating large-scale green developments, including integrated cities and residential communities, with a continued emphasis on responsible design, energy efficiency and resource optimisation.
