Mahindra Lifespace Developers' stock is currently trading at RS. 394.85, marking a marginal rise of 0.30 points (0.08%) from its previous close of RS. 394.55 on the BSE.

The stock opened at RS. 402.95 and recorded an intraday high of RS. 402.95 and a low of RS. 389.20. A total of 2,458 shares have been traded so far.

Belonging to the BSE 'A' group, the stock has a face value of RS. 10. Over the past year, it reached a 52-week high of RS. 679.15 on 25-Apr-2024 and a low of RS. 389.20 on 24-Jan-2025. In the last week, its high and low stood at RS. 417.95 and RS. 389.20, respectively. The company currently holds a market capitalization of RS. 6,077.82 crore.

Ownership distribution shows 51.15% stake with promoters, while institutions and non-institutions hold 30.70% and 18.15%, respectively.

In a significant move, Mahindra Lifespaces, through its subsidiary Anthurium Developers (ADL), has acquired an 8.2-acre plot in North Bengaluru. The site has a potential for developing 0.9 million square feet of saleable area, with an estimated Gross Development Value (GDV) of nearly RS. 1,000 crore. The project will primarily consist of mid-premium residential apartments aimed at meeting Bengaluru's growing demand for quality housing.

Strategically located 1.8 km from the upcoming Doddajala metro station and off the Bangalore-Hyderabad Highway, the land offers excellent connectivity to the international airport, IT hubs, and commercial zones. The area is further complemented by proximity to educational institutions, healthcare centers, and retail hubs, making it an attractive option for urban homebuyers.

Mahindra Lifespaces continues to uphold the Mahindra Group’s ‘Rise’ philosophy, fostering thriving residential communities and sustainable business ecosystems across India.