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In 1998, MLDL or Mahindra Lifespace Developers was being incorporated and were engaged in the development of the real estate in the residential and commercial sectors. Also, it is a subsidiary of Mahindra & Mahindra and was previously known as the Mahindra Gesco Developers. It has also built a reputation for creating not just buildings but also nurturing the breathing, living, and healthy life spaces. Also under the residential sector, it is involved in projects such as Mahindra Eminente, Belvedere Court, Mahindra Gardens, GE Gardens, Mahindra Royale, Mahindra Chloris Sylvan County, The Woods, and Mahindra Splendour. To date, it has accomplished several residential projects of about 3 million sq ft, and the other 2.97 million sq ft are under several stages of development. It also received the ISO 9001:2000 certification for its quality management. Also, Under the commercial sector, it has been part of projects such as GE Plaza in Pune, HDFC Bank in Chennai, GE Centre in Delhi, Mahindra Towers in Delhi, GE Plaza in Bangalore, The Regency in Gurgaon, GE Chambers in New Mumbai, GE Galleria, and more. In Addition to residential and commercial sectors, it is also engaged in the business of acquiring, establishing, developing and maintaining Industrial Technology Parks, Parks, Software Parks, Special Economic Zones (or SEZs), Integrated Townships, Export Processing Zone, Industrial Areas, and Estates. The Company has promoted India’s first operational Special Economic Zone (or SEZ) and the country's first integrated Business City in the public-private partnership model such as Mahindra World City, in New Chennai. Also, it launched Mahindra World City in Jaipur and also has a building SEZs located in Thane near Mumbai and Karla near Pune. For the expansion of its operational portfolio, it has forayed in the international market via the SEZ route in Sri Lanka. It also operates subsidiaries such as Mahindra World City Developers (or MWCDL), Mahindra Integrated Township, Mahindra World City (in Jaipur), Mahindra World City (in Maharashtra), Mahindra Technology Park, Mahindra Infrastructure Developers, and Mahindra Residential Developers. In the year 2007-08, it formalized its joint venture terms, along with Maharashtra Industrial Development Corporation (or MIDC), which is a Government of Maharashtra undertaking. But the acquisition of the land for this SEZ did not begin.

Some of the Achievements:

  • The Company’s project– The Woods, Wakad, in Pune received AESA Gold Award, under The Best Project in the Group Housing section in the year 2008. It also received Accommodation Times Award in the year 2007.
  • Mahindra Royale Project (in Pune) was rewarded the Golden Peacock National Quality Award in the year 2007.
  • It was also honored with CNBC Awaaz CRISIL Real Estate Awards in 2007 for the Most Transparent System.

Some Milestones of the Company:

  • 2010:

  • It was one of India's Top 10 Builders in 2010.
  • The 'Refresh' Newsletter Design and Silver for the 'Aqualily' Brochure Design.
  • It received the Economic Times ACETECH award.
  • 2011:

  • Listed in the Fortune India’s ‘50 Most Powerful Women in Business.'
  • It was one of India’s Top 10 Builders in 2011.
  • Chloris: It is India’s second accomplished platinum certified Green Building.
  • CNBC AWAAZ - CRISIL CREDAI ‘the Best Residential Property in the West Region.'
  • 2012:

  • The green project of the year.
  • It received Women Achiever of the year - Ms. Anita Arjundas won it.
  • It received India's Top 10 (Young) – Ms. Anita Arjundas won it.
  • It received the Institute for Competitiveness (or IFC) Mint Strategy Award.
  • The Best Project Execution’ (at National Level).
  • It received India’s 50 most powerful women in Business - Ms. Anita Arjundas won it.
  • It received the Silver Award - Corporate brochure.
  • The Company was Pre-certified: Received the Gold- Green Home certification.
  • It received the Best Stall award at Property Exhibition.
  • It received the Best Landscaping for three consecutive years from 2010 to 2012.
  • It received Esops Star Performer Runners up award in the Non-Factory region.
  • It received the Corporate CSR Environment award in Community Leadership Award in 2012.
  • 2013:

  • The Emerging markets - for the most enhanced in the adoption of Best practices.
  • It provided an Outstanding Contribution to the Real estate in the Green building project section.
  • The most powerful women in the realty business for three successive years - got 41st rank among 50 - Ms. Anita Arjundas won it.
  • It received Women leadership award – Ms. Sangeeta Prasad won it.
  • It received the Gold at Public Relations Council of India (or PRCI) Awards.
  • It received Gold at the Public Relations Council of India (or PRCI) Awards.
  • It received the Certificate of Commendation.
  • The Woman Business Leader - Realty, 2013 - Ms. Sangeeta Prasad won it.
  • It received the Outstanding Woman CEO Award - Ms. Anita Arjundas won it.
  • Felicitation: It contributed to the Green Building Movement.
  • Certification of BS OHSAS 18001:2007, Design Development and Construction for both residential as well as commercial properties.
  • Certification of ISO 9001:2008 and 14001: 2004, Design Development and Construction for both the residential as well as commercial properties.
  • It received the award for Construction Health, Environment, and Safety.
  • It is among India's Top 10 Builders.
  • It received the Esops Star Performer Runners up award in the Non-Factory region.
  • 2014:

  • The Female real estate professional of the year - Ms. Anita Arjundas won it.

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