Mahindra Lifespace rises on getting over 200 applications for Mahindra Happinest Kalyan-2

Mahindra Lifespace Developers is currently trading at Rs. 296.25, up by 1.20 points or 0.41% from its previous closing of Rs. 295.05 on the BSE.

Mahindra Lifespaces
Mahindra Lifespaces

The scrip opened at Rs. 295.35 and has touched a high and low of Rs. 302.00 and Rs. 295.35 respectively. So far 2292 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 348.00 on 11-Feb-2022 and a 52 week low of Rs. 152.10 on 19-Apr-2021.

Last one week high and low of the scrip stood at Rs. 309.40 and Rs. 288.15 respectively. The current market cap of the company is Rs. 4558.88 crore.

The promoters holding in the company stood at 51.34%, while Institutions and Non-Institutions held 27.99% and 20.67% respectively.

Mahindra Lifespace Developers has received more than 200 applications for Mahindra Happinest Kalyan-2 within four weeks of its launch. The project was conceived with the intent of ensuring holistic, physical, mental and social health of the residents, making this India’s first ‘Health Sampanna Homes’.

Mahindra Happinest Kalyan – 2 is also the first value housing project in India to be registered for IGBC health and wellness certification.

With the purpose of ensuring that every homeowner gets access to quality healthcare services, Mahindra Lifespaces has partnered with Care Health Insurance to extend Group Health Insurance cover to all home buyers.

More than fifty-five carefully selected amenities at Mahindra Happinest Kalyan – 2 will cater to the social, mental and physical health of residents. Moreover, in an industry-first innovation, homebuyers at Mahindra Happinest Kalyan – 2 will be able to choose from among a set of unique pay-per-use amenities – a hobby room, guest room and an exhibition room, via the ‘MySeries’ offering.

Mahindra Lifespace Developers is the real estate and infrastructure development company and a pioneer of sustainable urbanization in India.

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