Mumbai, February 10, 2026 (Udaipur Kiran): Shares of Mahindra Lifespace Developers Limited rose on Tuesday after the company announced a joint venture with Mitsui Fudosan Group for a premium residential project in Bengaluru.
The stock was trading at ₹380.60 on the BSE, up ₹2.75 or 0.73 per cent from its previous close of ₹377.85. It opened at ₹384.00 and touched an intraday high of ₹384.00 and a low of ₹379.00. A total of 2,313 shares were traded on the counter so far.
The BSE Group ‘A’ stock, with a face value of ₹10, has a 52-week high of ₹428.35 on December 1, 2025, and a 52-week low of ₹253.81 on April 7, 2025. Over the past week, the stock moved between ₹384.00 and ₹366.80. The company’s market capitalisation stood at ₹8,143.29 crore. Promoters hold 52.41 per cent, while institutional and non-institutional investors hold 30.65 per cent and 16.94 per cent respectively.
Mahindra Lifespace said the joint venture will develop Mahindra Blossom, a premium high-rise residential project in Whitefield, Bengaluru. The development will feature around 730 homes and is located near Hopefarm Channasandra Metro Station on the Namma Metro Purple Line. Positioned along a key IT and employment corridor, the project is Bengaluru’s fourth net zero waste residential development, offering strong connectivity to commercial hubs, educational institutions, healthcare facilities, and social infrastructure.
The company highlighted that this first project under the partnership combines the strengths of both organisations, focusing on long-term value creation and potential future opportunities. Mahindra Lifespace brings the Mahindra Group’s philosophy of ‘Rise’ to India’s real estate sector through sustainable residential communities and enabling business ecosystems.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
