Mahindra Lifespace aims for Rs 500 cr revenue in industrial segment by 2025

In the residential segment, the company has set a target of increasing the annual sales of Rs 2,500 crore by 2025, from around Rs 1,000 crore last financial year

Mahindra Lifespace Developers, the real estate and infrastructure development arm of the Mahindra Group, is expecting its industrial leasing business to touch an annual revenue of about Rs 500 crore by 2025, up from Rs 298 crore during the last financial year, a top company executive told Business Standard.  

As part of its expansion plans, the company is looking to set up an industrial park under the 'Origins' brand at Pune-Satara area in Maharashtra. In the residential segment, the company has set a target of increasing the annual sales of Rs 2,500 crore by 2025, from around Rs 1,000 crore last