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Mahindra Lifespace Leases 22.71 Acres to Ashiana Housing in Tamil Nadu

Mahindra World City Developers Limited has formalized a land lease with Ashiana Housing, advancing its residential expansion strategy in Paranur Village.

BY Realty+
Published - Thursday, 28 Aug, 2025
Mahindra Lifespace Leases 22.71 Acres to Ashiana Housing in Tamil Nadu

Mahindra Lifespace Developers Limited announced that Mahindra World City Developers Limited (MWCDL), a material subsidiary, has executed a Lease Deed with Ashiana Housing Limited on August 26, 2025. The lease pertains to a plot of land admeasuring 22.71 acres located at Paranur Village, Chengalpattu District, Tamil Nadu, which is part of the company's residential business scale-up.

The announcement was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The equity shares of Mahindra Lifespace Developers Limited are listed on the BSE with the security code 532313 and on the NSE with the symbol MAHLIFE. The ISIN is INE813A01018. Avinash Bapat, Chief Financial Officer, has authorized the release of this information.

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