Mahindra Lifespace Developers Ltd.
Mumbai, Maharashtra, India:
Mahindra Lifespace Developers Limited, the true property and infrastructure growth arm of the Mahindra Group, by means of its continued efforts in direction of sustainable growth, has been acknowledged as a chief amongst international residential builders by GRESB, the main international ESG benchmark for Real Estate and Infrastructure Investments. Mahindra Lifespaces has additionally achieved 1st rank in Public Disclosure for the third consecutive 12 months, a 5-star score in Development Benchmark with a rating of 97 out of 100, and a 4-star score within the Standing Investments benchmark with a rating of 81 out of 100 amongst residential builders in Asia.
Arvind Subramanian, MD & CEO, Mahindra Lifespace Developers Ltd., mentioned, “We are delighted with the acknowledgment and the Global Sector Leadership status received from GRESB. The recognition also instils confidence in our customers, partners, and other stakeholders, all of whom are growing more aware of the ESG efforts and impact of our business. With a 100% green portfolio since 2014, we have been a pioneer of green developments in India and are committed to developing only Net Zero buildings from 2030 onwards.”
GRESB is a mission-driven and investor-led group that gives actionable and clear Environmental, Social and Governance (ESG) information to monetary markets. GRESB supplies validated ESG efficiency information and peer benchmarks for traders and managers to enhance business intelligence, trade engagement and decision-making. 
About Mahindra Lifespace Developers Ltd.
Established in 1994, Mahindra Lifespace Developers Ltd. (‘Mahindra Lifespaces’) brings the Mahindra Group’s philosophy of ‘Rise’ to India’s actual property and infrastructure trade by means of thriving residential communities and enabling business ecosystems. The Company’s growth footprint spans 32.14 million sq. ft. of accomplished, ongoing and forthcoming residential tasks throughout seven Indian cities; and over 5000 acres of ongoing and forthcoming tasks beneath growth/administration at its built-in developments/industrial clusters throughout 4 areas.
Mahindra Lifespaces’ growth portfolio includes premium residential tasks; worth houses beneath the ‘Mahindra Happinest®’ model; and built-in cities and industrial clusters beneath the ‘Mahindra World City’ and ‘Origins by Mahindra’ manufacturers respectively. The Company leverages innovation, considerate design, and a deep dedication to sustainability to craft high quality life and business development.
The first actual property firm in India to have dedicated to the worldwide Science Based Targets initiative (SBTi), all Mahindra Lifespaces’ tasks are licensed atmosphere pleasant. With a 100% Green portfolio since 2014, the corporate is working in direction of carbon neutrality by 2040 and actively helps analysis on inexperienced buildings tailor-made to weather conditions in India. Mahindra Lifespaces® is the recipient of over 80 awards for its tasks and ESG initiatives.
Learn extra about Mahindra Lifespaces® at www.mahindralifespaces.com
About Mahindra
Founded in 1945, the Mahindra Group is without doubt one of the largest and most admired multinational federation of corporations with 260,000 workers in over 100 nations. It enjoys a management place in farm gear, utility autos, info know-how and monetary providers in India and is the world’s largest tractor firm by quantity. It has a robust presence in renewable vitality, agriculture, logistics, hospitality and actual property.
The Mahindra Group has a clear concentrate on main ESG globally, enabling rural prosperity and enhancing city dwelling, with a aim to drive constructive change within the lives of communities and stakeholders to allow them to Rise.
Learn extra about Mahindra on www.mahindra.com/ Twitter and Facebook: @MahindraRise/ For updates subscribe to https://www.mahindra.com/news-room
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Jaswinder Manchanda Kochar (Corporate Communications), Mahindra Lifespace Developers Ltd., [email protected]
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