BUILDING ON GROWTH MOMENTUM

Mahindra Lifespace Developers MD and CEO, Amit Kumar Sinha examines real estate trends spanning redevelopment, policy direction, and demand shifts.

- By Nagesh Joshi

India’s real estate sector is in the midst of a demand cycle, with structural drivers supporting sustained growth across major urban centres. Even as external uncertainties—from global tariff actions to geopolitical tensions—shape the economic discourse, domestic consumption, salaried income growth, and stable mortgage rates continue to sustain home-buying activity. It is within this operating landscape that Mahindra Lifespaces is pursuing an expansion strategy centred on disciplined execution, portfolio balance and market-specific growth models.

Over the past year, the developer has widened its business footprint across Mumbai, Pune, and Bengaluru, driven largely by its increased focus on society redevelopment and joint development in land-scarce markets such as Mumbai. The company has secured several sizeable mandates in key suburbs including Chembur, Mulund, Lokhandwala and Malad, with revenue potential across these projects ranging from ₹800 crore to ₹1,700 crore. In parallel, the company has expanded its outright development pipeline through land acquisitions—most recently securing a 13.46-acre parcel in Pune for a planned ₹3,500-crore residential project and an 8.2-acre site in Bengaluru for a ₹1,000-crore development.

These moves reflect a calibrated strategy built on a three-part portfolio composition: one-third outright developments, one-third joint development, and one-third redevelopment across its core cities. In Q2 FY26, the company reported profit rising to ₹47.91 crore, along with a surge in Q1 FY26 profit after tax, although Q4 FY25 sales bookings had declined 3% to ₹1,055 crore.