Mahindra World City Developers receives approval from MOCI for partial denotification of notified area under SEZ

Mahindra Lifespace Developers announced that pursuant to the application filed by Mahindra World City Developers (MWCDL), a subsidiary of the Company and the developer of the SEZ at Mahindra World City, Chennai, the Ministry of Commerce and Industry (MOCI) has granted approval to MWCDL for partial denotification of 55.90 hectares (De-notified Land) in the non-processing area. This De-notified Land is a part of approx 89 hectares which was leased earlier to another subsidiary of the Company, Mahindra Integrated Township for undertaking residential developments in the part of non-processing area.

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