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Mahindra Lifespace Developers
4.0
based on 328 Reviews
Video summary
Company Overview
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Working at Mahindra Lifespace Developers
Company Summary
Mahindra Lifespaces is one of India's best real estate developers, offering both value and premium residential flats in various parts of India.
Overall Rating
4.0/5
based on 328 reviews
3% above
industry average
Highly rated for
Job security, Work-life balance, Company culture
Work Policy
Work from office
71% employees reported
Alternate Saturday off
40% employees reported
Flexible timing
73% employees reported
No travel
40% employees reported
View detailed work policy
Top Employees Benefits
Health insurance
30 employees reported
Job/Soft skill training
27 employees reported
Cafeteria
12 employees reported
Office cab/shuttle
11 employees reported
View all benefits
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Join us and thrive in a company culture that inspires and empowers.
About Mahindra Lifespace Developers
Founded in1994 (31 yrs old)
India Employee Count201-500
Global Employee Count201-500
India HeadquartersMumbai, Maharashtra, India
Office Locations
--
Websitemahindralifespaces.com
Primary Industry
Other Industries
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View in video summary
Established in 1994, Mahindra Lifespace Developers Ltd. is the real estate and infrastructure development business of the USD 20.7 billion Mahindra Group, and a pioneer of sustainable urbanisation in India. The Company is committed to transforming India’s urban landscape through its residential developments under the ‘Mahindra Lifespaces’ and ‘Happinest’ brands; and through its integrated cities and industrial clusters under the ‘Mahindra World City’ and ‘Origins by Mahindra World City’ brands.
Mahindra Lifespaces is driven by its credo of ‘Sell genuinely, Build responsibly, Deliver on time’ to develop innovative, customer-focused solutions that are rooted in a legacy of trust and transparency. The Company’s development footprint spans 25.3 million sq. ft. (2.3 million sq. m.) of completed, ongoing and forthcoming residential projects across seven Indian cities; and over 5000 acres of ongoing and forthcoming projects under development/management at its integrated developments / industrial clusters across four locations.A pioneer of the green homes movement, Mahindra Lifespaces is one of the first real estate companies in India to have committed to the global Science Based Targets initiative (SBTi). The Company’s developments are characterised by thoughtful design and a welcoming environment that enhance overall quality of life for both individuals and industries.
Mahindra Lifespaces has been ranked 17th among India’s Great Mid-Size Workplaces 2019, by the Great Place To Work Institute.
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Mahindra Lifespace Developers Ratings
based on 328 reviews
Overall Rating
4.0/5
How AmbitionBox ratings work?
5
142
4
111
3
39
2
15
1
21
Category Ratings
4.2
Job security
4.1
Work-life balance
4.0
Company culture
3.9
Salary
3.9
Skill development
3.8
Work satisfaction
3.4
Promotions
Mahindra Lifespace Developers is rated 4.0 out of 5 stars on AmbitionBox, based on 328 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Mahindra Lifespace Developers
based on 311 reviews
3.4
Rated by 54 Women
Rated 3.8 for Job security and 3.7 for Work-life balance
4.2
Rated by 257 Men
Rated 4.3 for Work-life balance and 4.3 for Job security
Work Policy at Mahindra Lifespace Developers
based on 60 reviews in last 6 months
Work from office
71%
Hybrid
28%
Permanent work from home
1%
Mahindra Lifespace Developers Reviews
Top mentions in Mahindra Lifespace Developers Reviews
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Compare Mahindra Lifespace Developers with Similar Companies
|  Change Company |  Change Company |  Change Company | |
|---|---|---|---|---|
Overall Rating | 4.0/5 based on 328 reviews | 3.9/5 based on 832 reviews | 3.7/5 based on 1.2k reviews | 3.9/5 based on 1.8k reviews |
Highly Rated for | Job security Work-life balance Company culture | Salary | Salary Job security | Job security |
Critically Rated for |  No critically rated category | Promotions | Promotions Work satisfaction | Promotions |
Primary Work Policy | Work from office 71% employees reported | Work from office 94% employees reported | Work from office 75% employees reported | Work from office 89% employees reported |
Rating by Women Employees | 3.4 Average rated by 54 women | 3.9 Good rated by 103 women | 3.4 Average rated by 226 women | 3.9 Good rated by 164 women |
Rating by Men Employees | 4.2 Good rated by 257 men | 3.9 Good rated by 680 men | 3.8 Good rated by 911 men | 3.9 Good rated by 1.6k men |
Job security | 4.2 Good | 3.7 Good | 3.8 Good | 3.9 Good |
View more
Mahindra Lifespace Developers Salaries
Mahindra Lifespace Developers salaries have received with an average score of 3.9 out of 5 by 328 employees.
Project Engineer
(60 salaries)
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₹4.5 L/yr - ₹9 L/yr
Project Manager
(33 salaries)
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₹9.8 L/yr - ₹19.5 L/yr
Sales Manager
(17 salaries)
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₹6.6 L/yr - ₹19.2 L/yr
Deputy General Manager
(17 salaries)
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₹26 L/yr - ₹54 L/yr
Sales Executive
(16 salaries)
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₹3 L/yr - ₹8.6 L/yr
Deputy Manager
(14 salaries)
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₹11 L/yr - ₹18.2 L/yr
Assistant Manager Planning
(13 salaries)
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₹10 L/yr - ₹17.6 L/yr
General Manager
(12 salaries)
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₹36 L/yr - ₹65 L/yr
Quality Manager
(11 salaries)
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₹11.8 L/yr - ₹19.7 L/yr
Executive Accountant
(11 salaries)
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₹3 L/yr - ₹4 L/yr
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Facility Manager
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Mahindra Lifespace Developers News
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Mahindra Lifespace Targets Up To 30% CAGR, 5x Expansion In Residential Segment
- Mahindra Lifespace Developers targets up to 30% compounded annual growth rate (CAGR) in the residential segment.
- The company aims to achieve a five times expansion in the residential business segment in the next couple of years.
- Mahindra Lifespace Developers reported a 40% growth in pre-sales and collections in the first nine months of FY25.
- In Q3, the company's revenue fell by 56.1% to Rs 82 crore, but consolidated net profit rose by 46.6% to Rs 50 crore.
Bloomberg Quint | 2 Mar, 2025
M&M Share Price Falls After Company Says It Would Invest In Subsidiaries’ Rights Issues
- Shares of Mahindra & Mahindra Ltd. fell by over 3% on Friday following the company’s announcement that it would invest in the proposed rights issues of its subsidiaries, Mahindra & Mahindra Financial Services (MMFSL) and Mahindra Lifespace Developers (MLDL).
- The board of M&M Financial Services has approved raising up to Rs 3,000 crore through a rights issue, while Mahindra Lifespace Developers plans to raise up to Rs 1,500 crore via a similar route.
- M&M Financial Services reported a 63% year-on-year rise in its net profit for the quarter ended December, amounting to Rs 899 crore. However, the asset quality worsened, with stage 3 assets rising to 3.9% in December from 3.83% a quarter ago.
- The scrip fell as much as 3.06% to Rs 2,752.55 apiece. It has risen 48.15% in the last 12 months.
Bloomberg Quint | 21 Feb, 2025
Stocks To Watch: Mahindra Lifespaces, BOI, RVNL, Container Corp, Cipla
- Container Corp awarded a manufacture and supply order of Rs 690 crore to Braithwaite and Co.
- Indian Renewable Energy Development Agency received registration certificate to start business as a finance company at GIFT City.
- L&T acquired the remaining 26% stake in arm L&T Special Steels and Heavy Forgings from Nuclear Power Corp.
- Mahindra Lifespaces partnered with Livingstone Infra for a redevelopment project in Mumbai.
Bloomberg Quint | 19 Feb, 2025
Mahindra Lifespace To Raise Up To Rs 1,500 Crore Via Rights Issue To Cut Debt, Aid Growth
- Real estate company Mahindra Lifespace Developers Ltd. plans to raise up to Rs 1,500 crore through a rights issue.
- The funds will be used to reduce the company's existing debt and support its future growth plans.
- Mahindra Lifespace is a real estate and infrastructure development business of the Mahindra Group.
- The company reported a consolidated net loss of Rs 22.47 crore in the quarter ended December 2024.
Bloomberg Quint | 15 Feb, 2025
Stock Market Today: All You Need To Know Going Into Trade On Feb. 14
- The Nifty 50 and Sensex closed lower for the seventh consecutive session, with Infosys Ltd. and HDFC Bank Ltd. impacting Nifty 50 the most.
- Foreign portfolio investors sold stocks worth around Rs 2,789.9 crore, while domestic institutional investors bought equities worth Rs 2,934.5 crore.
- Indian rupee closed flat at 86.89 against the US dollar, maintaining its previous day's closing value.
- Key earnings highlights include Hindalco Industries, KNR Constructions, Carborundum Universal, Senco Gold, Titagarh Rail Systems, United Breweries, HCC, KIOCL, and more.
- Stocks to watch include Mahindra Lifespace Developers, Manappuram Finance, Bank of Baroda, TCS, Ultratech Cement, and more with various corporate actions and developments.
- IPO offerings mention Hexaware Technologies subscription status and Quality Power Electrical Equipments forthcoming public offer details.
- Insider trading activities reported acquisitions by promoters of companies like Mangalam Cement, Jindal Drilling & Industries, Jindal Steel & Power, and others.
- Market trading tweaks, F&O cues, currency update about the Indian rupee closing flat against the US dollar, and other financial market insights are also shared.
Bloomberg Quint | 14 Feb, 2025
Stocks To Watch: Mahindra Lifespace, Bank Of Baroda, TCS, Piramal Enterprises, UltraTech
- Mahindra Lifespace Developers Ltd. board approved raising up to Rs 1,500 crore through rights issue.
- Manappuram Finance Ltd. approved raising up to $2 billion under the global medium-term note program.
- Bank of Baroda approved raising up to Rs 8,500 crore through qualified institutional placements.
- Tata Consultancy Services entered into an agreement with UPM to lead its comprehensive transformation.
Bloomberg Quint | 14 Feb, 2025
ONGC, Aptus Value, Medplus, Aarti Industries, Greenlam, Mahindra Lifespace, Neogen Q3 Review: HDFC Securities
- Brokerages give 'Buy' rating to Mahindra Lifespace, Neogen, and Medplus.
- They give 'Add' rating to Greenlam and Aarti Industries.
- They give 'Reduce' rating to Aptus Value, Sundaram Finance, and ONGC.
- HDFC Securities releases Q3 review of ONGC, Aptus Value, Medplus, Aarti Industries, Greenlam, Mahindra Lifespace, and Neogen.
Bloomberg Quint | 4 Feb, 2025
Mahindra Lifespace bags ₹950 cr redevelopment project in Mumbai
- Mahindra Lifespace Developers has won a redevelopment project in Mumbai.
- The project, located in Lokhandwala Complex, Andheri West, is estimated to generate a revenue of ₹950 crore.
- Mahindra Lifespace has been selected as the preferred partner for the redevelopment of three residential societies.
- The company's total income for the third quarter of this fiscal year increased to ₹185.77 crore.
HinduBusinessLine | 3 Feb, 2025
Mahindra Lifespaces expands Bengaluru footprint with 8.2-acre land acquisition
- Mahindra Lifespaces has acquired an 8.2-acre land in Bengaluru for expansion.
- The site is located near the Bangalore-Hyderabad highway and offers proximity to the airport, IT hubs, and social infrastructure.
- The project will focus on mid-premium residential apartments and will be the company's seventh venture in Bengaluru.
- Mahindra Lifespaces plans to launch the project within the next nine months, emphasizing sustainable and thoughtfully designed residential spaces.
HinduBusinessLine | 23 Jan, 2025
Mahindra Lifespace Acquires Land Parcel With Rs 1,000-Crore GDV In Bengaluru
- Mahindra Lifespace Developers, through its subsidiary Anthurium Developers, has acquired 8.2 acres of land in North Bengaluru.
- The land has a potential of 0.9 million square feet of saleable area with a projected GDV of Rs 1,000 crore.
- The project will focus on mid-premium residential apartments to cater to the rising demand for quality housing in Bengaluru.
- Mahindra Lifespace plans to launch the project within the next nine months.
Bloomberg Quint | 23 Jan, 2025
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Mahindra Lifespace Developers FAQs
When was Mahindra Lifespace Developers founded?
Mahindra Lifespace Developers was founded in 1994. The company has been operating for 31 years primarily in the Real Estate sector.
Where is the Mahindra Lifespace Developers headquarters located?
Mahindra Lifespace Developers is headquartered in Mumbai, Maharashtra.
How many employees does Mahindra Lifespace Developers have in India?
Mahindra Lifespace Developers currently has more than 400+ employees in India. Construction & Site Engineering department appears to have the highest employee count in Mahindra Lifespace Developers based on the number of reviews submitted on AmbitionBox.
Does Mahindra Lifespace Developers have good work-life balance?
Mahindra Lifespace Developers has a work-life balance rating of 4.1 out of 5 based on 300+ employee reviews on AmbitionBox. 77% employees rated Mahindra Lifespace Developers 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. We encourage you to read Mahindra Lifespace Developers work-life balance reviews for more details
Is Mahindra Lifespace Developers good for career growth?
Career growth at Mahindra Lifespace Developers is rated as moderate, with a promotions and appraisal rating of 3.4. 23% employees rated Mahindra Lifespace Developers 3 or below, while 77% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Mahindra Lifespace Developers promotions/appraisals reviews for more detailed insights.
What are the pros of working in Mahindra Lifespace Developers?
Working at Mahindra Lifespace Developers offers several advantages that make it an appealing place for employees. The company is highly rated for job security, work life balance and company culture, based on 300+ employee reviews on AmbitionBox.
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