Mahindra Lifespaces plans to rebrand itself to a premium real estate firm
“Premiumisation of Mahindra SUVs holds a mirror to luxury housing”, says, Amit Kumar Sinha, MD, Mahindra Lifespaces in an exclusive interview with HT, as the company plans to rebrand itself to a premium real estate firm. Lifespaces is aiming for ₹45000 Crore in revenue over five years, focusing on Mumbai, Pune, and Bengaluru for premium and mid-segment projects while completing affordable housing under Mahindra Happinest. They also plan expansions in Jaipur and Chennai and a built-to-suit (BTS) warehouse venture with Actis Private Equity, with a ₹200 crore investment for 3-4 million sq ft over three years. Read more
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MLMM partners with Ecofy
Ecofy is India’s green-only NBFC backed by Eversource Capital, committed to financing India’s green transition and this partnership is expected to boost the adoption of electric three-wheelers in India. The collaboration aims to provide impetus to the growing EV 3W demand by combining Mahindra's expertise in electric vehicle manufacturing with Ecofy's innovative financing solutions. Read more
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Fast Forward to the Big League
Say Hello to Mahindra XUV700’s fully-loaded AX7 Range now starting at ₹19.49 Lakh. This celebratory pricing, available for four months, aligns with the XUV700's upcoming three-year anniversary in the market and will enable more people to experience its unmatched driving experience with cutting-edge premium features. These premium features include ADAS Level 2 with adaptive cruise control for enhanced safety, a panoramic skyroofTM for an expansive, airy ambiance, dual HD superscreen and 3D audio with 12 speakers by Sony for an immersive experience, plush leatherette seats for superior comfort, and much more. Read more
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Mahindra launches mileage guarantee for its range of BS6 OBD II trucks
Mahindra’s Truck and Bus Division (MTBD) continues to lead the way in the commercial vehicle industry by announcing a disruptive customer value proposition for their entire BS6 OBD II range of HCV, ICV & LCV trucks. This industry first initiative of 'Get More Mileage or Give the Truck Back' is introduced to address the challenges posed by rising fuel prices and evolving regulatory standards. The testing lasted over 1 Lakh kilometres and included a variety of load and road conditions. The result reinforced Mahindra's reputation for dependability and efficiency in the commercial vehicle industry. Read more
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