10 Feb 2026

Mahindra Lifespace Gains 0.73% on BSE; Forms JV with Mitsui Fudosan for Bengaluru Project

Mahindra Lifespace Developers is currently trading at RS 380.60, registering a gain of 2.75 points or 0.73% compared to its previous closing of RS 377.85 on the BSE.

The stock opened at RS 384.00 and touched an intraday high of RS 384.00 and a low of RS 379.00. A total of 2,313 shares have been traded so far.

The BSE Group ‘A’ stock, with a face value of RS 10, hit a 52-week high of RS 428.35 on December 1, 2025, and a 52-week low of RS 253.81 on April 7, 2025. Over the past week, the stock recorded a high of RS 384.00 and a low of RS 366.80. The company’s current market capitalization stands at RS 8,143.29 crore.

Shareholding data shows promoters holding a 52.41% stake in the company, while institutional and non-institutional investors hold 30.65% and 16.94%, respectively.

In a key development, Mahindra Lifespace Developers has entered into a joint venture (JV) with Mitsui Fudosan Group to develop ‘Mahindra Blossom,’ a premium residential project in Whitefield, Bengaluru. This is the first project under their strategic partnership, aimed at long-term value creation and exploring future growth opportunities.

Mahindra Blossom will feature around 730 high-rise residential units and is strategically located near Hopefarm Channasandra Metro Station on the Namma Metro Purple Line. Situated along one of Bengaluru’s prime IT and employment corridors, the project will be the city’s fourth net zero waste residential development. It offers strong connectivity to major commercial hubs and convenient access to reputed educational institutions, healthcare centers, and social infrastructure.

Mahindra Lifespace Developers, the real estate and infrastructure arm of the Mahindra Group, continues to promote the Group’s ‘Rise’ philosophy by developing sustainable residential communities and business ecosystems across India.